Kellanova (K) — Financial Flexibility Index
Kellanova (K) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $647.00 Million (operating CF $503.00 Million minus capex $144.00 Million) represents 0% of total liabilities ($11.35 Billion). Check total reinvestment intensity of Kellanova to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Kellanova Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Kellanova across 36 annual periods. For the full cash flow conversion analysis, see K cash flow conversion.
Annual Financial Flexibility Index for Kellanova (1989–2024)
Year-by-year free cash flow to debt coverage for Kellanova. Explore K operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.20x | $2.39 Billion | $1.76 Billion | $11.75 Billion | ▲ +7.3% |
| 2023 | 0.19x | $2.32 Billion | $1.65 Billion | $12.25 Billion | ▲ +25.1% |
| 2022 | 0.15x | $2.14 Billion | $1.65 Billion | $14.12 Billion | ▼ -6.2% |
| 2021 | 0.16x | $2.25 Billion | $1.70 Billion | $13.96 Billion | ▼ -6.9% |
| 2020 | 0.17x | $2.49 Billion | $1.99 Billion | $14.36 Billion | ▲ +40.3% |
| 2019 | 0.12x | $1.76 Billion | $1.18 Billion | $14.25 Billion | ▼ -14.5% |
| 2018 | 0.14x | $2.11 Billion | $1.54 Billion | $14.62 Billion | ▼ -4.7% |
| 2017 | 0.15x | $2.15 Billion | $1.65 Billion | $14.16 Billion | ▼ -6.3% |
| 2016 | 0.16x | $2.13 Billion | $1.63 Billion | $13.19 Billion | ▼ -5.4% |
| 2015 | 0.17x | $2.24 Billion | $1.69 Billion | $13.11 Billion | ▼ -11.4% |
| 2014 | 0.19x | $2.38 Billion | $1.79 Billion | $12.30 Billion | ▼ -6.3% |
| 2013 | 0.21x | $2.44 Billion | $1.81 Billion | $11.87 Billion | ▲ +14.2% |
| 2012 | 0.18x | $2.29 Billion | $1.76 Billion | $12.70 Billion | ▼ -16.4% |
| 2011 | 0.22x | $2.19 Billion | $1.59 Billion | $10.14 Billion | ▲ +41.1% |
| 2010 | 0.15x | $1.48 Billion | $1.01 Billion | $9.69 Billion | ▼ -32.4% |
| 2009 | 0.23x | $2.02 Billion | $1.64 Billion | $8.93 Billion | ▲ +24.3% |
| 2008 | 0.18x | $1.73 Billion | $1.27 Billion | $9.49 Billion | ▼ -18.2% |
| 2007 | 0.22x | $1.98 Billion | $1.50 Billion | $8.87 Billion | ▲ +3.3% |
| 2006 | 0.22x | $1.86 Billion | $1.41 Billion | $8.64 Billion | ▲ +17.8% |
| 2005 | 0.18x | $1.52 Billion | $1.14 Billion | $8.29 Billion | ▲ +0.8% |
| 2004 | 0.18x | $1.51 Billion | $1.23 Billion | $8.30 Billion | ▲ +11.4% |
| 2003 | 0.16x | $1.42 Billion | $1.17 Billion | $8.70 Billion | ▲ +21.3% |
| 2002 | 0.13x | $1.25 Billion | $999.90 Million | $9.32 Billion | ▼ -9.4% |
| 2001 | 0.15x | $1.41 Billion | $1.13 Billion | $9.50 Billion | ▼ -46.7% |
| 2000 | 0.28x | $1.11 Billion | $880.90 Million | $4.00 Billion | ▼ -18.3% |
| 1999 | 0.34x | $1.36 Billion | $795.20 Million | $4.00 Billion | ▲ +26.2% |
| 1998 | 0.27x | $1.12 Billion | $720.00 Million | $4.16 Billion | ▼ -14.1% |
| 1997 | 0.31x | $1.22 Billion | $879.80 Million | $3.88 Billion | ▼ -22.4% |
| 1996 | 0.40x | $1.52 Billion | $711.50 Million | $3.77 Billion | ▼ -15.8% |
| 1995 | 0.48x | $1.36 Billion | $1.04 Billion | $2.82 Billion | ▼ -3.3% |
| 1994 | 0.50x | $1.32 Billion | $966.80 Million | $2.66 Billion | ▲ +0.3% |
| 1993 | 0.50x | $1.25 Billion | $800.20 Million | $2.52 Billion | ▼ -15.7% |
| 1992 | 0.59x | $1.22 Billion | $741.90 Million | $2.07 Billion | ▼ -18.2% |
| 1991 | 0.72x | $1.27 Billion | $934.40 Million | $1.77 Billion | ▲ +16.4% |
| 1990 | 0.62x | $1.14 Billion | $819.20 Million | $1.85 Billion | ▲ +3.9% |
| 1989 | 0.59x | $1.04 Billion | $533.50 Million | $1.76 Billion | — |