Kellanova (K) — Net Asset Quality Index
Kellanova (K) has a Net Asset Quality Index of 27.5% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $15.64 Billion minus total liabilities of $11.35 Billion yields net assets of $4.29 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Kellanova (K) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Kellanova Net Asset Quality Index Over Time (1985–2024)
This chart shows how Kellanova's Net Asset Quality Index has evolved across 40 annual periods from 1985 to 2024. As of September 2025, the index stands at 27.5%, representing net assets of $4.29 Billion against total assets of $15.64 Billion USD. For live market cap and overall valuation, see Kellanova stock valuation.
Annual Net Asset Quality Index for Kellanova (1985–2024)
The table below presents the year-by-year Net Asset Quality Index for Kellanova from 1985 to 2024, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check K strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 24.8% | $3.88 Billion | $15.63 Billion | $11.75 Billion | ▲ +3.3 pp |
| 2023 | 21.6% | $3.37 Billion | $15.62 Billion | $12.25 Billion | ▼ -2.1 pp |
| 2022 | 23.7% | $4.38 Billion | $18.50 Billion | $14.12 Billion | ▲ +0.5 pp |
| 2021 | 23.2% | $4.21 Billion | $18.18 Billion | $13.96 Billion | ▲ +3.0 pp |
| 2020 | 20.2% | $3.64 Billion | $18.00 Billion | $14.36 Billion | ▲ +1.3 pp |
| 2019 | 18.9% | $3.31 Billion | $17.56 Billion | $14.25 Billion | ▲ +1.1 pp |
| 2018 | 17.8% | $3.16 Billion | $17.78 Billion | $14.62 Billion | ▲ +4.3 pp |
| 2017 | 13.4% | $2.19 Billion | $16.35 Billion | $14.16 Billion | ▲ +0.7 pp |
| 2016 | 12.7% | $1.93 Billion | $15.11 Billion | $13.19 Billion | ▼ -1.3 pp |
| 2015 | 14.0% | $2.14 Billion | $15.25 Billion | $13.11 Billion | ▼ -4.8 pp |
| 2014 | 18.8% | $2.85 Billion | $15.15 Billion | $12.30 Billion | ▼ -4.5 pp |
| 2013 | 23.3% | $3.61 Billion | $15.47 Billion | $11.87 Billion | ▲ +7.1 pp |
| 2012 | 16.3% | $2.46 Billion | $15.17 Billion | $12.70 Billion | ▲ +1.2 pp |
| 2011 | 15.1% | $1.80 Billion | $11.94 Billion | $10.14 Billion | ▼ -3.1 pp |
| 2010 | 18.2% | $2.15 Billion | $11.85 Billion | $9.69 Billion | ▼ -2.1 pp |
| 2009 | 20.3% | $2.27 Billion | $11.20 Billion | $8.93 Billion | ▲ +7.0 pp |
| 2008 | 13.3% | $1.46 Billion | $10.95 Billion | $9.49 Billion | ▼ -8.9 pp |
| 2007 | 22.2% | $2.53 Billion | $11.40 Billion | $8.87 Billion | ▲ +2.9 pp |
| 2006 | 19.3% | $2.07 Billion | $10.71 Billion | $8.64 Billion | ▼ -2.3 pp |
| 2005 | 21.6% | $2.28 Billion | $10.57 Billion | $8.29 Billion | ▲ +0.2 pp |
| 2004 | 21.4% | $2.26 Billion | $10.56 Billion | $8.30 Billion | ▲ +7.1 pp |
| 2003 | 14.2% | $1.44 Billion | $10.14 Billion | $8.70 Billion | ▲ +5.5 pp |
| 2002 | 8.8% | $895.10 Million | $10.22 Billion | $9.32 Billion | ▲ +0.4 pp |
| 2001 | 8.4% | $871.50 Million | $10.37 Billion | $9.50 Billion | ▼ -9.9 pp |
| 2000 | 18.3% | $897.50 Million | $4.90 Billion | $4.00 Billion | ▲ +1.4 pp |
| 1999 | 16.9% | $813.20 Million | $4.81 Billion | $4.00 Billion | ▼ -0.7 pp |
| 1998 | 17.6% | $889.80 Million | $5.05 Billion | $4.16 Billion | ▼ -2.8 pp |
| 1997 | 20.5% | $998.00 Million | $4.88 Billion | $3.88 Billion | ▼ -4.9 pp |
| 1996 | 25.4% | $1.28 Billion | $5.05 Billion | $3.77 Billion | ▼ -10.6 pp |
| 1995 | 36.0% | $1.59 Billion | $4.41 Billion | $2.82 Billion | ▼ -4.4 pp |
| 1994 | 40.5% | $1.81 Billion | $4.47 Billion | $2.66 Billion | ▲ +0.0 pp |
| 1993 | 40.4% | $1.71 Billion | $4.24 Billion | $2.52 Billion | ▼ -8.0 pp |
| 1992 | 48.4% | $1.95 Billion | $4.01 Billion | $2.07 Billion | ▼ -6.6 pp |
| 1991 | 55.0% | $2.16 Billion | $3.93 Billion | $1.77 Billion | ▲ +4.3 pp |
| 1990 | 50.7% | $1.90 Billion | $3.75 Billion | $1.85 Billion | ▲ +2.5 pp |
| 1989 | 48.2% | $1.63 Billion | $3.39 Billion | $1.76 Billion | ▲ +3.2 pp |
| 1988 | 45.0% | $1.48 Billion | $3.30 Billion | $1.81 Billion | ▼ -0.2 pp |
| 1987 | 45.2% | $1.21 Billion | $2.68 Billion | $1.47 Billion | ▲ +2.1 pp |
| 1986 | 43.1% | $898.40 Million | $2.08 Billion | $1.19 Billion | ▲ +3.5 pp |
| 1985 | 39.6% | $683.00 Million | $1.73 Billion | $1.04 Billion | — |