Stock Analysis on Net

Kellanova (NYSE:K)

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Enterprise Value (EV) 

Microsoft Excel

Current Enterprise Value (EV)

Kellanova, current enterprise value calculation

Microsoft Excel
Current share price (P) $62.05
No. shares of common stock outstanding 342,287,795
US$ in millions
Common equity (market value)1 21,239
Add: Noncontrolling interests (per books) 194
Total equity 21,433
Add: Current maturities of long-term debt (per books) 663
Add: Notes payable (per books) 121
Add: Long-term debt, excluding current maturities (per books) 5,089
Total equity and debt 27,306
Less: Cash and cash equivalents 274
Enterprise value (EV) 27,032

Based on: 10-K (reporting date: 2023-12-30).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 62.05 × 342,287,795


Historical Enterprise Value (EV)

Kellanova, EV calculation

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 28, 2019
Share price1, 2 $56.13 $68.91 $66.12 $59.26 $64.50
No. shares of common stock outstanding1 340,678,265 341,830,292 341,674,873 343,950,311 342,054,365
US$ in millions
Common equity (market value)3 19,122 23,556 22,592 20,382 22,063
Add: Noncontrolling interests (book value) 194 434 495 524 567
Total equity 19,316 23,990 23,087 20,906 22,630
Add: Current maturities of long-term debt (book value) 663 780 712 627 620
Add: Notes payable (book value) 121 467 137 102 107
Add: Long-term debt, excluding current maturities (book value) 5,089 5,317 6,262 6,746 7,195
Total equity and debt 25,189 30,554 30,198 28,381 30,552
Less: Cash and cash equivalents 274 299 286 435 397
Enterprise value (EV) 24,915 30,255 29,912 27,946 30,155

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).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Kellanova Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 56.13 × 340,678,265

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Kellanova EV increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.