WK Kellogg Co Balance Sheet Health
Financial Health criteria checks 2/6
WK Kellogg Co has a total shareholder equity of $316.0M and total debt of $491.0M, which brings its debt-to-equity ratio to 155.4%. Its total assets and total liabilities are $1.9B and $1.6B respectively. WK Kellogg Co's EBIT is $320.0M making its interest coverage ratio 9.7. It has cash and short-term investments of $47.0M.
Key information
155.4%
Debt to equity ratio
US$491.00m
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$47.00m |
| Equity | US$316.00m |
| Total liabilities | US$1.58b |
| Total assets | US$1.90b |
Recent financial health updates
These 4 Measures Indicate That WK Kellogg Co (NYSE:KLG) Is Using Debt Reasonably Well
Nov 08
Is WK Kellogg Co (NYSE:KLG) Using Too Much Debt?
Jun 22Recent updates
WK Kellogg Co (NYSE:KLG) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 15These 4 Measures Indicate That WK Kellogg Co (NYSE:KLG) Is Using Debt Reasonably Well
Nov 08WK Kellogg: Minimal Risks And Strong Upside Ahead
Oct 22Analysts Have Been Trimming Their WK Kellogg Co (NYSE:KLG) Price Target After Its Latest Report
Aug 09WK Kellogg: Boycott Didn't Cause Sales Catastrophe
Aug 07Kellanova: A Tasty Opportunity When You Consider Hidden Growth
Jun 27Is WK Kellogg Co (NYSE:KLG) Using Too Much Debt?
Jun 22WK Kellogg Co Stock: Standalone North America Cereal Strategy Is Paying Off
May 22WK Kellogg Co's (NYSE:KLG) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 24WK Kellogg: Undervalued Dividend With Solid Upside Potential
Mar 13WK Kellogg Co's (NYSE:KLG) Performance Is Even Better Than Its Earnings Suggest
Feb 21WK Kellogg Co's (NYSE:KLG) Price Is Out Of Tune With Revenues
Feb 14WK Kellogg Co: A Mixed (Cereal) Bag
Dec 28WK Kellogg Co: Crunching Numbers, Expanding Margins
Dec 08Kellanova: The New Chapter Is Not As Exciting As It Might Seem
Nov 10Merion Road Capital - WK Kellogg: A Lot To Dislike But Risk Return Seems Attractive
Oct 21Financial Position Analysis
Short Term Liabilities: KLG's short term assets ($602.0M) do not cover its short term liabilities ($770.0M).
Long Term Liabilities: KLG's short term assets ($602.0M) do not cover its long term liabilities ($814.0M).
Debt to Equity History and Analysis
Debt Level: KLG's net debt to equity ratio (140.5%) is considered high.
Reducing Debt: Insufficient data to determine if KLG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KLG's debt is well covered by operating cash flow (68.4%).
Interest Coverage: KLG's interest payments on its debt are well covered by EBIT (9.7x coverage).