Kellogg Balance Sheet Health
Financial Health criteria checks 3/6
Kellogg has a total shareholder equity of $4.2B and total debt of $6.9B, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are $18.1B and $13.9B respectively. Kellogg's EBIT is $1.5B making its interest coverage ratio 6.4. It has cash and short-term investments of $317.0M.
Key information
162.3%
Debt to equity ratio
US$6.85b
Debt
Interest coverage ratio | 6.4x |
Cash | US$317.00m |
Equity | US$4.22b |
Total liabilities | US$13.88b |
Total assets | US$18.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K.WI's short term assets ($4.3B) do not cover its short term liabilities ($6.5B).
Long Term Liabilities: K.WI's short term assets ($4.3B) do not cover its long term liabilities ($7.4B).
Debt to Equity History and Analysis
Debt Level: K.WI's net debt to equity ratio (154.8%) is considered high.
Reducing Debt: K.WI's debt to equity ratio has reduced from 266.2% to 162.3% over the past 5 years.
Debt Coverage: K.WI's debt is well covered by operating cash flow (21.7%).
Interest Coverage: K.WI's interest payments on its debt are well covered by EBIT (6.4x coverage).