WK Kellogg Co (KLG) - Net Assets
Based on the latest financial reports, WK Kellogg Co (KLG) has net assets worth $345.00 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Billion) and total liabilities ($1.78 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WK Kellogg Co liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $345.00 Million |
| % of Total Assets | 16.24% |
| Annual Growth Rate | -10.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.86 |
WK Kellogg Co - Net Assets Trend (2020–2024)
This chart illustrates how WK Kellogg Co's net assets have evolved over time, based on quarterly financial data. Also explore KLG current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for WK Kellogg Co (2020–2024)
The table below shows the annual net assets of WK Kellogg Co from 2020 to 2024. For live valuation and market cap data, see KLG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $317.00 Million | +5.67% |
| 2023-12-31 | $300.00 Million | -56.33% |
| 2022-12-31 | $687.00 Million | +20.53% |
| 2021-12-31 | $570.00 Million | +15.38% |
| 2020-12-31 | $494.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WK Kellogg Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 97.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.00 Million | 5.05% |
| Other Comprehensive Income | $-42.00 Million | -13.25% |
| Other Components | $343.00 Million | 108.20% |
| Total Equity | $317.00 Million | 100.00% |
WK Kellogg Co Competitors by Market Cap
The table below lists competitors of WK Kellogg Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Werner Enterprises Inc
NASDAQ:WERN
|
$1.99 Billion |
|
LeMaitre Vascular Inc
NASDAQ:LMAT
|
$1.99 Billion |
|
RLX TECH. SP.ADR/1 CL.A
F:3CM
|
$1.99 Billion |
|
Castrol India Limited
NSE:CASTROLIND
|
$1.99 Billion |
|
Guanglian Aviation Industry Co Ltd
SHE:300900
|
$1.99 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
$1.99 Billion |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
$1.99 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
$1.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WK Kellogg Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 300,000,000 to 317,000,000, a change of 17,000,000 (5.7%).
- Net income of 72,000,000 contributed positively to equity growth.
- Dividend payments of 55,000,000 reduced retained earnings.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 5,000,000 increased equity.
- Other comprehensive income decreased equity by 14,000,000.
- Other factors increased equity by 14,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $72.00 Million | +22.71% |
| Dividends Paid | $55.00 Million | -17.35% |
| Share Repurchases | $5.00 Million | -1.58% |
| Share Issuances | $5.00 Million | +1.58% |
| Other Comprehensive Income | $-14.00 Million | -4.42% |
| Other Changes | $14.00 Million | +4.42% |
| Total Change | $- | 5.67% |
Book Value vs Market Value Analysis
This analysis compares WK Kellogg Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.00x to 6.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $5.74 | $23.00 | x |
| 2021-12-31 | $6.63 | $23.00 | x |
| 2022-12-31 | $8.01 | $23.00 | x |
| 2023-12-31 | $3.49 | $23.00 | x |
| 2024-12-31 | $3.64 | $23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WK Kellogg Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.66%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 6.19x
- Recent ROE (22.71%) is below the historical average (24.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 36.84% | 6.35% | 2.28x | 2.55x | $132.60 Million |
| 2021 | 28.42% | 6.59% | 1.98x | 2.18x | $105.00 Million |
| 2022 | -3.64% | -0.93% | 1.88x | 2.09x | $-93.70 Million |
| 2023 | 36.67% | 3.98% | 1.46x | 6.30x | $80.00 Million |
| 2024 | 22.71% | 2.66% | 1.38x | 6.19x | $40.30 Million |
Industry Comparison
This section compares WK Kellogg Co's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $851,608,847
- Average return on equity (ROE) among peers: -57.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WK Kellogg Co (KLG) | $345.00 Million | 36.84% | 5.16x | $1.99 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $34.25 Million |
| Agape ATP Corporation Common Stock (ATPC) | $2.30 Million | -3.27% | 0.00x | $2.64 Million |
| B&G Foods Inc (BGS) | $83.27 Million | 9.61% | 6.14x | $432.61 Million |
| BranchOut Food Inc. Common Stock (BOF) | $-5.14 Million | 0.00% | 0.00x | $52.50 Million |
| Bellring Brands LLC (BRBR) | $-453.90 Million | 0.00% | 0.00x | $1.30 Billion |
| BRC Inc. (BRCC) | $68.02 Million | -47.39% | 2.08x | $144.46 Million |
| BRF SA ADR (BRFS) | $8.81 Billion | 17.23% | 4.64x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $50.80 Million | 17.13% | 0.49x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $32.19 Million |
| Better Choice Company Inc (BTTR) | $-1.18 Million | 0.00% | 0.00x | $5.13 Million |
About WK Kellogg Co
WK Kellogg Co operates as a food company in the United States, Canada, Mexico, and the Caribbean. The company manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, Kashi, Corn Flakes, and Apple Jacks brand names. It serves supermarket chains, wholesalers, supercenters, club stores, mass mer… Read more