Kellanova Financials

K Stock  USD 81.15  0.02  0.02%   
Based on the key measurements obtained from Kellanova's financial statements, Kellanova is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Kellanova's Intangible Assets are quite stable compared to the past year. Property Plant And Equipment Gross is expected to rise to about 8.6 B this year, although the value of Total Current Liabilities will most likely fall to about 3.2 B. Key indicators impacting Kellanova's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.09410.0721
Significantly Up
Pretty Stable
Return On Assets0.110.0597
Way Up
Pretty Stable
Return On Equity0.340.22
Way Up
Slightly volatile
Debt Equity Ratio1.81.5
Fairly Up
Slightly volatile
Operating Income1.5 B1.5 B
Fairly Up
Very volatile
Current Ratio0.910.76
Fairly Up
Very volatile
The financial analysis of Kellanova is a critical element in measuring its lifeblood. Investors should not minimize Kellanova's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

361.27 Million

  
Understanding current and past Kellanova Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kellanova's financial statements are interrelated, with each one affecting the others. For example, an increase in Kellanova's assets may result in an increase in income on the income statement.

Kellanova Earnings Geography

Kellanova Stock Summary

Kellanova competes with Campbell Soup, ConAgra Foods, Hormel Foods, Kraft Heinz, and General Mills. Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company was founded in 1906 and is headquartered in Battle Creek, Michigan. Kellogg operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 31000 people.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4878361082
CUSIP487836108
LocationMichigan; U.S.A
Business Address412 North Wells
SectorFood Products
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.kellanova.com
Phone269 961 2000
CurrencyUSD - US Dollar

Kellanova Key Financial Ratios

Kellanova Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets17.6B18.0B18.2B18.5B15.6B10.7B
Other Current Liab1.6B1.7B1.6B2.4B1.8B1.9B
Net Debt8.1B7.7B7.4B6.9B6.3B4.5B
Retained Earnings7.9B8.3B9.0B9.2B8.8B4.8B
Cash397M435M286M299M274M281.4M
Net Receivables1.6B1.5B1.5B1.5B1.6B999.8M
Inventory1.2B1.3B1.4B1.8B1.2B874.5M
Other Current Assets232M226M221M1.0B245M264.1M
Total Liab14.3B14.4B14.0B14.1B12.3B8.5B
Total Current Assets3.4B3.5B3.4B4.2B3.3B2.4B
Short Term Debt841M963M1.1B1.4B905M961.5M
Intangible Assets2.6B2.5B2.4B2.3B1.9B2.0B
Accounts Payable2.4B2.5B2.6B2.6B2.3B1.2B
Other Liab1.8B1.9B1.9B1.9B2.1B1.4B
Other Assets1.1B6.2B1.7B1.5B1.7B1.1B
Long Term Debt7.2B6.7B6.3B5.3B5.1B5.7B
Good Will5.9B5.8B5.8B5.7B5.2B4.7B
Treasury Stock(4.7B)(4.6B)(4.7B)(4.7B)(4.2B)(4.0B)
Net Tangible Assets(5.3B)(4.7B)(4.5B)(3.6B)(3.2B)(3.4B)

Kellanova Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense284M281M223M218M303M318.2M
Total Revenue13.6B13.8B14.2B15.3B13.1B10.6B
Gross Profit4.4B4.7B4.6B4.6B13.1B13.8B
Operating Income1.4B1.8B1.8B1.6B1.5B1.5B
Ebit1.4B1.8B1.6B1.2B1.5B1.4B
Ebitda2.1B2.3B2.0B1.6B1.5B1.7B
Cost Of Revenue9.2B9.0B9.6B10.7B8.8B6.1B
Income Before Tax1.3B1.6B2.0B1.2B1.0B1.3B
Net Income1.3B960M1.3B1.5B951M889.6M
Income Tax Expense321M323M474M244M89M84.6M
Research Development144M135M134M127M116M176.0M
Minority Interest8M17M13M(7M)(13M)(12.4M)
Tax Provision321M323M474M244M258M318.4M
Interest Income264M281M40M634M101M96.0M
Net Interest Income(284M)(281M)(223M)(218M)(202M)(212.1M)

Kellanova Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory2M(54M)(135M)(411M)139M146.0M
Change In Cash76M38M(149M)13M(25M)(23.8M)
Free Cash Flow590M1.5B1.1B1.2B968M876.2M
Depreciation484M479M467M478M419M410.5M
Other Non Cash Items(357M)(241M)(130M)(456M)353M370.7M
Dividends Paid769M782M788M797M800M561.1M
Capital Expenditures578M586M505M488M677M504.9M
Net Income977M1.3B1.5B962M775M949.0M
End Period Cash Flow397M435M286M299M274M293.5M
Change To Netincome(106M)(56M)(256M)129M148.4M155.8M
Change Receivables(145M)75M(9M)(257M)(231.3M)(219.7M)
Net Borrowings(971M)(698M)(306M)(279M)(251.1M)(238.5M)
Investments65M(62M)1M(448M)(562M)(533.9M)

Kellanova Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kellanova's current stock value. Our valuation model uses many indicators to compare Kellanova value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kellanova competition to find correlations between indicators driving Kellanova's intrinsic value. More Info.
Kellanova is rated second overall in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers reporting about  0.23  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kellanova is roughly  4.28 . At this time, Kellanova's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kellanova by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Kellanova Systematic Risk

Kellanova's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kellanova volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Kellanova correlated with the market. If Beta is less than 0 Kellanova generally moves in the opposite direction as compared to the market. If Kellanova Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kellanova is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kellanova is generally in the same direction as the market. If Beta > 1 Kellanova moves generally in the same direction as, but more than the movement of the benchmark.

Kellanova Thematic Clasifications

Kellanova is part of Food Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Food Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Food ProductsView
This theme covers USA Equities from Food Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Kellanova Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kellanova's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Kellanova growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.81)

At this time, Kellanova's Price Earnings To Growth Ratio is quite stable compared to the past year.

Kellanova November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Kellanova help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kellanova. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kellanova based on widely used predictive technical indicators. In general, we focus on analyzing Kellanova Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kellanova's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kellanova. If investors know Kellanova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kellanova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.348
Dividend Share
2.25
Earnings Share
2.99
Revenue Per Share
37.415
Quarterly Revenue Growth
(0.01)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.