Kellanova Quick Ratio from 2010 to 2024

K Stock  USD 81.02  0.24  0.30%   
Kellanova Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 0.59 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.44
Current Value
0.59
Quarterly Volatility
0.07585638
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kellanova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kellanova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 383.5 M or Interest Expense of 318.1 M, as well as many indicators such as Price To Sales Ratio of 1.86 or Dividend Yield of 0.024. Kellanova financial statements analysis is a perfect complement when working with Kellanova Valuation or Volatility modules.
  
Check out the analysis of Kellanova Correlation against competitors.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.

Latest Kellanova's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Kellanova over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Kellanova's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kellanova's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

Kellanova Quick Ratio Regression Statistics

Arithmetic Mean0.42
Geometric Mean0.41
Coefficient Of Variation18.21
Mean Deviation0.06
Median0.38
Standard Deviation0.08
Sample Variance0.01
Range0.2145
R-Value(0.04)
Mean Square Error0.01
R-Squared0
Significance0.89
Slope(0.0007)
Total Sum of Squares0.08

Kellanova Quick Ratio History

2024 0.59
2023 0.44
2012 0.38
2011 0.57
2010 0.51

About Kellanova Financial Statements

Kellanova investors utilize fundamental indicators, such as Quick Ratio, to predict how Kellanova Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.44  0.59 

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Check out the analysis of Kellanova Correlation against competitors.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kellanova. If investors know Kellanova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kellanova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.348
Dividend Share
2.25
Earnings Share
2.99
Revenue Per Share
37.415
Quarterly Revenue Growth
(0.01)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.