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 07Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Oct 03Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Jun 26Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Mar 23Recent 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 (NYSE:K) Analysts Just Trimmed Their Revenue Forecasts By 15%
Oct 05Kellanova: An Intriguing Spinoff Of WK Kellogg
Oct 03Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Oct 03Kellogg: The Problems Of A Low Margin Producer
Sep 19Return Trends At Kellogg (NYSE:K) Aren't Appealing
Sep 14Kellogg's (NYSE:K) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Kellogg: Decent Results And Cheap Valuation
Aug 23Kellogg's (NYSE:K) Dividend Will Be Increased To $0.60
Aug 03Kellogg: Turnaround Potential But Wait To See Next Quarter's Results
Jul 13Are Investors Undervaluing Kellogg Company (NYSE:K) By 47%?
Jul 11Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Jun 26Capital Allocation Trends At Kellogg (NYSE:K) Aren't Ideal
Jun 10Kellogg: Higher Dividend And Upcoming Spin-Off Makes It More Attractive Than General Mills
May 24An Intrinsic Calculation For Kellogg Company (NYSE:K) Suggests It's 39% Undervalued
Apr 06Kellogg (NYSE:K) Takes On Some Risk With Its Use Of Debt
Mar 23Kellogg declares $0.59 dividend
Feb 17Kellogg Q4 2022 Earnings Preview
Feb 08Kellogg: Buy The Drop On This Moat-Worthy Brand
Jan 28Financial 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).