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Kellanova Co (Kellanova Co) Total Assets : $15,621 Mil (As of Dec. 2023)


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What is Kellanova Co Total Assets?

Kellanova Co's Total Assets for the quarter that ended in Dec. 2023 was $15,621 Mil.

During the past 12 months, Kellanova Co's average Total Assets Growth Rate was -15.70% per year. During the past 3 years, the average Total Assets Growth Rate was -4.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.30% per year. During the past 10 years, the average Total Assets Growth Rate was 1.70% per year.

During the past 13 years, Kellanova Co's highest 3-Year average Total Assets Growth Rate was 29.50%. The lowest was -4.40%. And the median was 3.85%.

Total Assets is connected with ROA %. Kellanova Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.63%. Total Assets is also linked to Revenue through Asset Turnover. Kellanova Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


Kellanova Co Total Assets Historical Data

The historical data trend for Kellanova Co's Total Assets 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.

* Premium members only.

Kellanova Co Total Assets Chart

Kellanova Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,564.00 17,996.00 18,178.00 18,496.00 15,621.00

Kellanova Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets 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 18,496.00 18,630.00 18,101.00 18,695.00 15,621.00

Kellanova Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Kellanova Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=3369+12252
=15,621

Kellanova Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=3369+12252
=15,621

* 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.


Kellanova Co  (NYSE:K) Total Assets Explanation

Total Assets is connected with ROA %.

Kellanova Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=108/( (18695+15621)/ 2 )
=108/17158
=0.63 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Kellanova Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1089/( (18695+15621)/ 2 )
=1089/17158
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Kellanova Co Total Assets Related Terms

Thank you for viewing the detailed overview of Kellanova Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Kellanova Co (Kellanova Co) Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is 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 more than 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 half of Kellanova's consolidated sales base.
Executives
Kellogg W K Foundation Trust 10 percent owner 50 S. LA SALLE ST., B-10, CHICAGO IL 60603
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
Nicolas Amaya officer: Senior Vice President 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
Kurt D Forche officer: VP-Corporate Controller ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
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

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