WK Kellogg Co (KLG)
Debt-to-capital ratio
| Dec 31, 2023 | ||
|---|---|---|
| Long-term debt | US$ in thousands | 487,000 |
| Total stockholders’ equity | US$ in thousands | 300,000 |
| Debt-to-capital ratio | 0.62 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $487,000K ÷ ($487,000K + $300,000K)
= 0.62
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-capital ratio
WK Kellogg Co
KLG
0.62
General Mills Inc
GIS
0.00
Ingredion Incorporated
INGR
0.33
Kellanova
K
0.62
Post Holdings Inc
POST
0.62