Stock Analysis on Net
Stock Analysis on Net

Kellanova (NYSE:K)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Kellanova, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019
Current maturities of long-term debt 4.24 4.22 3.92 3.48 3.53
Notes payable 0.77 2.52 0.75 0.57 0.61
Accounts payable 14.81 16.07 14.15 13.73 13.59
Current operating lease liabilities 0.77 0.65 0.64 0.65 0.65
Accrued advertising and promotion 4.90 4.14 3.93 4.31 3.65
Accrued salaries and wages 1.78 2.00 1.65 2.10 1.65
Accrued income taxes 0.36 0.26 0.27 0.32 0.24
Customer deposits 0.54 0.81 0.76 0.00 0.00
Other current liabilities 4.19 3.64 3.17 3.94 3.29
Other current liabilities 5.10% 4.71% 4.20% 4.26% 3.52%
Current liabilities 32.39% 34.33% 29.24% 29.11% 27.20%
Long-term debt, excluding current maturities 32.58 28.75 34.45 37.49 40.96
Non-current operating lease liabilities 3.41 2.63 2.76 2.89 2.47
Deferred income taxes 3.18 4.11 3.97 3.12 3.39
Pension liability 3.92 3.83 3.88 4.27 4.01
Income taxes payable 0.26 0.20 0.22 0.31 0.46
Nonpension postretirement benefits 0.14 0.12 0.18 0.19 0.19
Other 2.55 2.38 2.11 2.42 2.44
Other liabilities 2.95% 2.70% 2.51% 2.92% 3.09%
Non-current liabilities 46.04% 42.02% 47.57% 50.69% 53.93%
Total liabilities 78.43% 76.35% 76.81% 79.80% 81.13%
Common stock, $0.25 par value 0.67 0.57 0.58 0.58 0.60
Capital in excess of par value 7.05 5.77 5.63 5.40 5.24
Retained earnings 56.36 49.72 49.66 46.27 44.74
Treasury stock, at cost -30.69 -25.52 -25.94 -25.33 -26.70
Accumulated other comprehensive loss -13.07 -9.23 -9.47 -9.62 -8.24
Total Kellanova equity 20.33% 21.31% 20.46% 17.29% 15.64%
Noncontrolling interests 1.24 2.35 2.72 2.91 3.23
Total equity 21.57% 23.65% 23.19% 20.20% 18.87%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-28).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Kellanova current liabilities as a percentage of total liabilities and equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Kellanova non-current liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Kellanova total liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total Kellanova equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Kellanova total Kellanova equity as a percentage of total liabilities and equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.