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K (Kellanova) Effective Interest Rate on Debt % : 4.01% (As of Mar. 2025)


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What is Kellanova Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Kellanova's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $252 Mil. Kellanova's average total debt for the quarter that ended in Mar. 2025 was $6,281 Mil. Therefore, Kellanova's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.01%.


Kellanova Effective Interest Rate on Debt % Historical Data

The historical data trend for Kellanova's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kellanova Effective Interest Rate on Debt % Chart

Kellanova Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 2.59 2.70 4.43 4.83

Kellanova Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.06 5.07 4.62 4.37 4.01

Competitive Comparison of Kellanova's Effective Interest Rate on Debt %

For the Packaged Foods subindustry, Kellanova's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kellanova's Effective Interest Rate on Debt % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Kellanova's Effective Interest Rate on Debt % falls into.


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Kellanova Effective Interest Rate on Debt % Calculation

Kellanova's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -311/( (6526+6342)/ 2 )
=-1  *  -311/6434
=4.83 %

where

Kellanova's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -252/( (6342+6220)/ 2 )
=-1  *  -252/6281
=4.01 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Kellanova  (NYSE:K) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Kellanova Effective Interest Rate on Debt % Related Terms

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Kellanova Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in over 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about nearly two thirds of Kellanova's consolidated sales base. Mars is slated to acquire the recently independent business in a nearly $36 billion deal in the first half of calendar 2025.
Executives
Kellogg W K Foundation Trust 10 percent owner 50 S. LA SALLE ST., B-10, CHICAGO IL 60603
Nicolas Amaya officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Kurt D Forche officer: VP-Corporate Controller ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
John Min officer: Chief Legal Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Christopher M Hood officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Kris Bahner officer: SVP-Chief Global Corp Affairs ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Charisse Ford Hughes officer: Senior Vice President C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Gary H Pilnick officer: Senior Vice President
Amit Banati officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Rodrigo Lance officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Alistair D Hirst officer: SVP - Global Supply Chain ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
J Michael Schlotman director 1014 VINE ST, CINCINNATI OH 45202
Steven A Cahillane director, officer: CEO & President ONE COCA-COLA PLAZA, ATLANTA GA 30313
Shumit Kapoor officer: Senior Vice President ONE KELLOGG SQUARE, BATTLE CREEK MI 49017
Maria Fernanda Mejia officer: Senior Vice President ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599