Kellanova Financials

K Stock  USD 61.64  0.61  0.98%   
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 June. 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 Ratio1.821.64
Significantly 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. The essential information of the day-to-day investment outlook for Kellanova includes many different criteria found on its balance sheet. For example, investors should never minimize Kellanova's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Kellanova's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Kellanova.

Cash And Equivalents

361.27 Million

With this module, you can analyze Kellanova financials for your investing period. You should be able to track the changes in Kellanova individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
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

The data published in Kellanova's official financial statements usually reflect Kellanova's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Kellanova. For example, before you start analyzing numbers published by Kellanova accountants, it's critical to develop an understanding of what Kellanova's liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of Kellanova's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kellanova's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Kellanova's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kellanova. Please utilize our Beneish M Score to check the likelihood of Kellanova's management manipulating its earnings.

Kellanova Stock Summary

Kellanova competes with Smart For, Hormel Foods, ConAgra Foods, and McCormick Company. 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
BenchmarkNYSE Composite
Websitewww.kellanova.com
Phone269 961 2000
CurrencyUSD - US Dollar
You should never invest in Kellanova without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kellanova Stock, because this is throwing your money away. Analyzing the key information contained in Kellanova's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Kellanova Key Financial Ratios

Generally speaking, Kellanova's financial ratios allow both analysts and investors to convert raw data from Kellanova's financial statements into concise, actionable information that can be used to evaluate the performance of Kellanova over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kellanova reports annually and quarterly.

Kellanova Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets17.6B18.0B18.2B18.5B15.6B10.7B
Other Current Liab1.6B1.1B763M1.9B1.8B1.8B
Net Debt8.1B7.7B7.4B6.9B6.3B4.5B
Retained Earnings7.9B8.3B9.0B9.2B8.8B4.8B
Cash397M435M286M299M274M281.4M
Net Receivables1.6B1.5B1.5B1.7B1.6B1.0B
Inventory1.2B1.3B1.4B1.8B1.2B874.5M
Other Current Assets232M226M221M383M245M246.2M
Total Liab14.3B14.4B14.0B14.1B12.3B8.5B
Total Current Assets3.4B3.5B3.4B4.2B3.3B2.4B
Short Term Debt841M846M965M1.4B905M955.0M
Intangible Assets2.6B2.5B2.4B2.3B1.9B2.0B
Accounts Payable2.4B2.5B2.6B3.0B2.3B1.2B
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

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Kellanova's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
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
Ebit1.4B1.8B1.8B1.6B1.5B1.4B
Ebitda2.1B2.4B2.7B1.9B1.5B1.8B
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

Cash flow analysis captures how much money flows into and out of Kellanova. It measures of how well Kellanova is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Kellanova brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Kellanova had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Kellanova has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
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 Paid769M(782M)(788M)(797M)(800M)(760M)
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 related companies. It is rated third overall in return on asset category among related companies reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kellanova is roughly  3.96 . At this time, Kellanova's Return On Equity is quite stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Kellanova by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kellanova's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kellanova's earnings, one of the primary drivers of an investment's value.

Kellanova's Earnings Breakdown by Geography

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 twenty-four with a total number of output elements of thirty-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.

About Kellanova Financials

What exactly are Kellanova Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Kellanova's income statement, its balance sheet, and the statement of cash flows. Potential Kellanova investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Kellanova investors may use each financial statement separately, they are all related. The changes in Kellanova's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kellanova's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Kellanova Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Kellanova is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Kellanova has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Kellanova's financials are consistent with your investment objective using the following steps:
  • Review Kellanova's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Kellanova's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Kellanova's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Kellanova's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

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 May 23, 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.
When determining whether Kellanova is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kellanova Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kellanova Stock. Highlighted below are key reports to facilitate an investment decision about Kellanova Stock:
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 tightly coupled 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Kellanova's industry 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
(0.10)
Dividend Share
2.31
Earnings Share
2.36
Revenue Per Share
37.971
Quarterly Revenue Growth
(0.04)
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.