WK Kellogg Co (KLG)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Long-term debt | US$ in thousands | 487,000 | 487,000 |
| Total stockholders’ equity | US$ in thousands | 300,000 | 196,000 |
| Debt-to-equity ratio | 1.62 | 2.48 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $487,000K ÷ $300,000K
= 1.62
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-equity ratio
WK Kellogg Co
KLG
1.62
General Mills Inc
GIS
0.00
Ingredion Incorporated
INGR
0.49
Kellanova
K
1.60
Post Holdings Inc
POST
1.60