Kellanova Working Capital to Net Assets Ratio
Kellanova working capital to net assets ratio. Kellanova (K) has a Working Capital to Net Assets ratio of -38.3% as of September 2025. Working capital of $-1.65 Billion (current assets of $3.46 Billion minus current liabilities of $5.11 Billion) is measured against net assets of $4.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check K tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Kellanova (1985–2024)
Working capital to net assets ratio of Kellanova from 1985 to 2024. This chart shows how Kellanova's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2024. As of September 2025, the ratio stands at -38.3%, reflecting working capital of $-1.65 Billion against net assets of $4.29 Billion USD. See how many days can Kellanova fund operations to measure how many days the company can operate on defensive assets alone.
Kellanova Working Capital to Net Assets Ratio by Year (1985–2024)
Kellanova working capital to net assets ratio by year from 1985 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Kellanova from 1985 to 2024, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see K current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -23.3% | $-906.00 Million | $3.88 Billion | $3.75 Billion | $4.66 Billion | ▲ +28.0 pp |
| 2023 | -51.4% | $-1.73 Billion | $3.37 Billion | $3.33 Billion | $5.06 Billion | ▼ -1.9 pp |
| 2022 | -49.4% | $-2.16 Billion | $4.38 Billion | $4.19 Billion | $6.35 Billion | ▼ -3.9 pp |
| 2021 | -45.6% | $-1.92 Billion | $4.21 Billion | $3.39 Billion | $5.32 Billion | ▲ +2.7 pp |
| 2020 | -48.3% | $-1.76 Billion | $3.64 Billion | $3.48 Billion | $5.24 Billion | ▼ -7.6 pp |
| 2019 | -40.6% | $-1.35 Billion | $3.31 Billion | $3.43 Billion | $4.78 Billion | ▲ +2.8 pp |
| 2018 | -43.4% | $-1.37 Billion | $3.16 Billion | $3.16 Billion | $4.53 Billion | ▲ +24.3 pp |
| 2017 | -67.7% | $-1.49 Billion | $2.19 Billion | $3.04 Billion | $4.52 Billion | ▲ +11.9 pp |
| 2016 | -79.6% | $-1.53 Billion | $1.93 Billion | $2.94 Billion | $4.47 Billion | ▲ +37.4 pp |
| 2015 | -117.1% | $-2.50 Billion | $2.14 Billion | $3.24 Billion | $5.74 Billion | ▼ -81.2 pp |
| 2014 | -35.9% | $-1.02 Billion | $2.85 Billion | $3.34 Billion | $4.36 Billion | ▼ -20.2 pp |
| 2013 | -15.7% | $-568.00 Million | $3.61 Billion | $3.27 Billion | $3.83 Billion | ▲ +30.6 pp |
| 2012 | -46.4% | $-1.14 Billion | $2.46 Billion | $3.38 Billion | $4.52 Billion | ▼ -32.8 pp |
| 2011 | -13.6% | $-244.00 Million | $1.80 Billion | $3.07 Billion | $3.31 Billion | ▼ -1.1 pp |
| 2010 | -12.5% | $-269.00 Million | $2.15 Billion | $2.92 Billion | $3.18 Billion | ▼ -24.4 pp |
| 2009 | 11.9% | $270.00 Million | $2.27 Billion | $2.56 Billion | $2.29 Billion | ▲ +82.7 pp |
| 2008 | -70.9% | $-1.03 Billion | $1.46 Billion | $2.52 Billion | $3.55 Billion | ▼ -17.7 pp |
| 2007 | -53.1% | $-1.34 Billion | $2.53 Billion | $2.70 Billion | $4.04 Billion | ▲ +23.9 pp |
| 2006 | -77.0% | $-1.59 Billion | $2.07 Billion | $2.43 Billion | $4.02 Billion | ▼ -34.7 pp |
| 2005 | -42.3% | $-966.00 Million | $2.28 Billion | $2.20 Billion | $3.16 Billion | ▼ -10.2 pp |
| 2004 | -32.1% | $-724.20 Million | $2.26 Billion | $2.12 Billion | $2.85 Billion | ▲ +35.7 pp |
| 2003 | -67.8% | $-978.10 Million | $1.44 Billion | $1.79 Billion | $2.77 Billion | ▲ +72.0 pp |
| 2002 | -139.8% | $-1.25 Billion | $895.10 Million | $1.76 Billion | $3.01 Billion | ▼ -104.8 pp |
| 2001 | -35.1% | $-305.60 Million | $871.50 Million | $1.90 Billion | $2.21 Billion | ▲ +63.6 pp |
| 2000 | -98.7% | $-885.80 Million | $897.50 Million | $1.61 Billion | $2.49 Billion | ▼ -96.4 pp |
| 1999 | -2.3% | $-18.60 Million | $813.20 Million | $1.57 Billion | $1.59 Billion | ▲ +22.7 pp |
| 1998 | -24.9% | $-222.00 Million | $889.80 Million | $1.50 Billion | $1.72 Billion | ▼ -6.0 pp |
| 1997 | -18.9% | $-189.00 Million | $998.00 Million | $1.47 Billion | $1.66 Billion | ▲ +33.3 pp |
| 1996 | -52.3% | $-670.40 Million | $1.28 Billion | $1.53 Billion | $2.20 Billion | ▼ -62.5 pp |
| 1995 | 10.3% | $163.40 Million | $1.59 Billion | $1.43 Billion | $1.27 Billion | ▼ -3.5 pp |
| 1994 | 13.7% | $248.30 Million | $1.81 Billion | $1.43 Billion | $1.19 Billion | ▲ +12.0 pp |
| 1993 | 1.8% | $30.50 Million | $1.71 Billion | $1.25 Billion | $1.21 Billion | ▼ -6.7 pp |
| 1992 | 8.5% | $165.60 Million | $1.95 Billion | $1.24 Billion | $1.07 Billion | ▲ +15.5 pp |
| 1991 | -7.0% | $-151.40 Million | $2.16 Billion | $1.17 Billion | $1.32 Billion | ▼ -3.4 pp |
| 1990 | -3.6% | $-68.20 Million | $1.90 Billion | $1.04 Billion | $1.11 Billion | ▲ +4.4 pp |
| 1989 | -8.0% | $-131.10 Million | $1.63 Billion | $906.10 Million | $1.04 Billion | ▲ +0.1 pp |
| 1988 | -8.1% | $-120.30 Million | $1.48 Billion | $1.06 Billion | $1.18 Billion | ▼ -3.9 pp |
| 1987 | -4.3% | $-51.50 Million | $1.21 Billion | $801.90 Million | $853.40 Million | ▼ -9.1 pp |
| 1986 | 4.8% | $43.20 Million | $898.40 Million | $729.60 Million | $686.40 Million | ▼ -20.6 pp |
| 1985 | 25.4% | $173.80 Million | $683.00 Million | $618.10 Million | $444.30 Million | — |