WK Kellogg Co (KLG)
Financial leverage ratio
| Dec 31, 2023 | Sep 30, 2023 | ||
|---|---|---|---|
| Total assets | US$ in thousands | 1,889,000 | 1,866,000 |
| Total stockholders’ equity | US$ in thousands | 300,000 | 196,000 |
| Financial leverage ratio | 6.30 | 9.52 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,889,000K ÷ $300,000K
= 6.30
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
WK Kellogg Co
KLG
6.30
General Mills Inc
GIS
3.35
Ingredion Incorporated
INGR
2.16
Kellanova
K
4.92
Post Holdings Inc
POST
3.06