Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kellanova's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $3,775 Mil. Kellanova's Total Assets for the quarter that ended in Dec. 2024 was $15,628 Mil.
Therefore, Kellanova's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.24.
The historical rank and industry rank for Kellanova's Equity-to-Asset or its related term are showing as below:
K'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.16 Max: 0.24
Current: 0.24
During the past 13 years, the highest Equity to Asset Ratio of Kellanova was 0.24. The lowest was 0.13. And the median was 0.16.
K's Equity-to-Asset is ranked worse than 86.85% of 1924
companies
in the Consumer Packaged Goods industry
Industry Median: 0.55
vs K: 0.24
Kellanova Equity-to-Asset Historical Data
The historical data trend for Kellanova's Equity-to-Asset 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.
Competitive Comparison of Kellanova's Equity-to-Asset
For the Packaged Foods subindustry, Kellanova's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kellanova's Equity-to-Asset falls into.
Kellanova Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Kellanova's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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 (NYSE:K) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Kellanova Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kellanova's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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 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. Mars is slated to acquire the newly independent business in a nearly $36 billion deal in the first half of calendar 2025.
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