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 Kellanova (K) strategic asset index to assess the company's strategic physical and investment asset allocation.
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. See K working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Kellanova (1989–2024)
Year-by-year free cash flow to debt coverage for Kellanova. For the full company profile including market capitalisation, see K market cap.
| 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 | — |