Kellanova (K)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,775,000 | 3,175,000 | 3,941,000 | 3,720,000 | 3,112,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,775,000K
= 0.00
Based on the provided data, Kellanova's debt-to-equity ratio has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in its capital structure and is solely financed by equity. A debt-to-equity ratio of 0.00 suggests that Kellanova is not relying on borrowed funds to finance its operations or growth, which can be viewed positively as it signifies lower financial risk and potential stability in the long term. However, it's essential to consider the context in which this ratio is calculated, as certain industries or business models may naturally have lower debt levels.
Peer comparison
Dec 31, 2024