Kellanova Balance Sheet Health
Financial Health criteria checks 3/6
Kellanova has a total shareholder equity of $3.8B and total debt of $5.9B, which brings its debt-to-equity ratio to 156.9%. Its total assets and total liabilities are $15.8B and $12.0B respectively. Kellanova's EBIT is $1.7B making its interest coverage ratio 7.5. It has cash and short-term investments of $577.0M.
Key information
156.9%
Debt to equity ratio
US$5.90b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$577.00m |
| Equity | US$3.76b |
| Total liabilities | US$12.01b |
| Total assets | US$15.76b |
Recent financial health updates
Does Kellanova (NYSE:K) Have A Healthy Balance Sheet?
May 22
We Think Kellanova (NYSE:K) Is Taking Some Risk With Its Debt
Feb 07Recent updates
Kellanova Q3 Results: Decent Quarter, And Acquisition By Mars Is Progressing Well
Nov 04Kellanova: A Bittersweet Exit For Some, But A Great Treat For Others
Aug 15Kellanova: A Bidding War On The Horizon?
Aug 06Is There An Opportunity With Kellanova's (NYSE:K) 44% Undervaluation?
Jul 22Does Kellanova (NYSE:K) Have A Healthy Balance Sheet?
May 22Shareholders Will Most Likely Find Kellanova's (NYSE:K) CEO Compensation Acceptable
Apr 20Kellanova's (NYSE:K) Intrinsic Value Is Potentially 96% Above Its Share Price
Mar 29Investors Can Find Comfort In Kellanova's (NYSE:K) Earnings Quality
Feb 15We Think Kellanova (NYSE:K) Is Taking Some Risk With Its Debt
Feb 07Earnings Tell The Story For Kellanova (NYSE:K)
Jan 20Kellanova: It's Too Early For Me To Consider The Company Attractive
Jan 194%-Yielding Kellanova Could Be A Diamond In The Rough
Dec 20Kellanova: An Intriguing Spinoff Of WK Kellogg
Oct 03Kellogg: The Problems Of A Low Margin Producer
Sep 19Kellogg: Decent Results And Cheap Valuation
Aug 23Kellogg: Turnaround Potential But Wait To See Next Quarter's Results
Jul 13Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills
May 24Kellogg declares $0.59 dividend
Feb 17Financial Position Analysis
Short Term Liabilities: K's short term assets ($3.9B) do not cover its short term liabilities ($5.0B).
Long Term Liabilities: K's short term assets ($3.9B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: K's net debt to equity ratio (141.5%) is considered high.
Reducing Debt: K's debt to equity ratio has reduced from 240.3% to 156.9% over the past 5 years.
Debt Coverage: K's debt is well covered by operating cash flow (26.1%).
Interest Coverage: K's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:45 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kellanova is covered by 46 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Andrew Lazar | Barclays |
| Kenneth Zaslow | BMO Capital Markets Equity Research |