WK Kellogg Co (KLG)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Long-term debt | US$ in thousands | 460,000 | 472,000 | 478,000 |
| Total stockholders’ equity | US$ in thousands | 317,000 | 316,000 | 336,000 |
| Debt-to-capital ratio | 0.59 | 0.60 | 0.59 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $460,000K ÷ ($460,000K + $317,000K)
= 0.59
The debt-to-capital ratio of WK Kellogg Co for the periods ending June 30, 2024, September 30, 2024, and December 31, 2024, stood at 0.59, 0.60, and 0.59, respectively. This ratio indicates that WK Kellogg Co finances about 59-60% of its operations through debt, relative to its total capital, which includes both debt and equity. The stability of the ratio around 0.59-0.60 suggests that the company's capital structure remains relatively consistent over the analyzed periods, with a significant portion being funded by debt. It is essential for investors and stakeholders to monitor this ratio over time to assess the company's leverage and financial risk.
Peer comparison
Dec 31, 2024