Kellanova Accounts Payable vs Non Currrent Assets Other Analysis

K Stock  USD 81.17  0.15  0.19%   
Kellanova financial indicator trend analysis is infinitely more than just investigating Kellanova recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kellanova is a good investment. Please check the relationship between Kellanova Accounts Payable and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kellanova Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kellanova's Accounts Payable and Non Currrent Assets Other is 0.72. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Kellanova, assuming nothing else is changed. The correlation between historical values of Kellanova's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Kellanova are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Kellanova's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Kellanova obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kellanova are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Kellanova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kellanova current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.At this time, Kellanova's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 318.4 M this year, although Enterprise Value Multiple will most likely fall to 8.98.
 2021 2022 2023 2024 (projected)
Gross Profit4.6B4.6B13.1B13.8B
Total Revenue14.2B15.3B13.1B10.6B

Kellanova fundamental ratios Correlations

0.940.410.920.80.970.940.920.481.00.630.480.96-0.830.940.930.38-0.830.990.940.420.90.910.04-0.05-0.05
0.940.160.820.590.871.00.790.510.950.390.510.9-0.80.990.840.18-0.750.980.860.470.940.8-0.1-0.16-0.16
0.410.160.510.590.520.150.540.10.40.790.10.42-0.490.180.40.51-0.640.320.430.00.230.580.630.450.45
0.920.820.510.750.910.830.890.350.910.550.350.9-0.780.780.930.57-0.810.910.930.620.750.870.110.040.04
0.80.590.590.750.850.590.840.30.780.790.30.8-0.630.590.80.56-0.620.690.820.260.60.710.240.120.12
0.970.870.520.910.850.870.920.540.950.680.540.96-0.890.870.910.43-0.840.930.950.450.830.840.180.060.06
0.941.00.150.830.590.870.780.470.950.390.470.9-0.80.990.840.18-0.750.980.850.470.940.8-0.1-0.15-0.15
0.920.790.540.890.840.920.780.50.910.730.50.92-0.770.80.880.43-0.850.880.90.280.710.910.170.130.13
0.480.510.10.350.30.540.470.50.460.291.00.51-0.520.540.440.1-0.420.50.560.150.40.32-0.07-0.12-0.12
1.00.950.40.910.780.950.950.910.460.630.460.95-0.820.950.90.32-0.840.980.910.390.910.920.03-0.06-0.06
0.630.390.790.550.790.680.390.730.290.630.290.59-0.510.450.550.32-0.650.520.56-0.140.440.720.330.170.17
0.480.510.10.350.30.540.470.51.00.460.290.51-0.520.540.440.1-0.420.50.560.150.40.32-0.07-0.12-0.12
0.960.90.420.90.80.960.90.920.510.950.590.51-0.840.890.90.37-0.80.940.950.470.820.830.150.10.1
-0.83-0.8-0.49-0.78-0.63-0.89-0.8-0.77-0.52-0.82-0.51-0.52-0.84-0.8-0.77-0.310.91-0.84-0.82-0.44-0.82-0.72-0.43-0.29-0.29
0.940.990.180.780.590.870.990.80.540.950.450.540.89-0.80.820.13-0.770.970.830.330.940.81-0.09-0.15-0.15
0.930.840.40.930.80.910.840.880.440.90.550.440.9-0.770.820.63-0.710.910.970.550.770.790.0-0.08-0.08
0.380.180.510.570.560.430.180.430.10.320.320.10.37-0.310.130.63-0.280.310.590.450.160.310.06-0.04-0.04
-0.83-0.75-0.64-0.81-0.62-0.84-0.75-0.85-0.42-0.84-0.65-0.42-0.80.91-0.77-0.71-0.28-0.83-0.75-0.25-0.79-0.89-0.42-0.3-0.3
0.990.980.320.910.690.930.980.880.50.980.520.50.94-0.840.970.910.31-0.830.910.460.920.88-0.02-0.08-0.08
0.940.860.430.930.820.950.850.90.560.910.560.560.95-0.820.830.970.59-0.750.910.560.770.780.070.00.0
0.420.470.00.620.260.450.470.280.150.39-0.140.150.47-0.440.330.550.45-0.250.460.560.360.2-0.05-0.09-0.09
0.90.940.230.750.60.830.940.710.40.910.440.40.82-0.820.940.770.16-0.790.920.770.360.780.05-0.07-0.07
0.910.80.580.870.710.840.80.910.320.920.720.320.83-0.720.810.790.31-0.890.880.780.20.780.130.060.06
0.04-0.10.630.110.240.18-0.10.17-0.070.030.33-0.070.15-0.43-0.090.00.06-0.42-0.020.07-0.050.050.130.940.94
-0.05-0.160.450.040.120.06-0.150.13-0.12-0.060.17-0.120.1-0.29-0.15-0.08-0.04-0.3-0.080.0-0.09-0.070.060.941.0
-0.05-0.160.450.040.120.06-0.150.13-0.12-0.060.17-0.120.1-0.29-0.15-0.08-0.04-0.3-0.080.0-0.09-0.070.060.941.0
Click cells to compare fundamentals

Kellanova Account Relationship Matchups

Kellanova fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.6B18.0B18.2B18.5B15.6B10.7B
Short Long Term Debt Total8.5B8.1B7.7B7.2B6.5B4.8B
Other Current Liab1.6B1.7B1.6B2.4B1.8B1.9B
Total Current Liabilities4.8B5.2B5.3B6.3B5.1B3.2B
Total Stockholder Equity2.7B3.1B3.7B3.9B3.2B2.1B
Property Plant And Equipment Net4.2B4.4B4.5B4.4B3.9B3.3B
Net Debt8.1B7.7B7.4B6.9B6.3B4.5B
Retained Earnings7.9B8.3B9.0B9.2B8.8B4.8B
Cash397M435M286M299M274M281.4M
Non Current Assets Total14.1B14.5B14.8B14.3B12.3B8.3B
Non Currrent Assets Other908M1.2B1.5B1.3B961M663.9M
Cash And Short Term Investments397M435M286M299M274M281.4M
Net Receivables1.6B1.5B1.5B1.5B1.6B999.8M
Common Stock Shares Outstanding345.6M348M343M345M344M325.0M
Liabilities And Stockholders Equity17.6B18.0B18.2B18.5B15.6B10.7B
Non Current Liabilities Total9.5B9.1B8.6B7.8B7.2B5.3B
Inventory1.2B1.3B1.4B1.8B1.2B874.5M
Other Current Assets232M226M221M1.0B245M264.1M
Other Stockholder Equity(3.8B)(3.6B)(3.7B)(3.7B)(3.7B)(3.5B)
Total Liab14.3B14.4B14.0B14.1B12.3B8.5B
Total Current Assets3.4B3.5B3.4B4.2B3.3B2.4B
Short Term Debt841M963M1.1B1.4B905M961.5M
Intangible Assets2.6B2.5B2.4B2.3B1.9B2.0B
Accounts Payable2.4B2.5B2.6B2.6B2.3B1.2B
Property Plant And Equipment Gross4.2B4.4B4.5B4.4B8.2B8.6B
Accumulated Other Comprehensive Income(1.4B)(1.7B)(1.7B)(1.7B)(2.0B)(2.1B)
Other Liab1.8B1.9B1.9B1.9B2.1B1.4B
Other Assets1.1B6.2B1.7B1.5B1.7B1.1B
Long Term Debt7.2B6.7B6.3B5.3B5.1B5.7B
Good Will5.9B5.8B5.8B5.7B5.2B4.7B
Treasury Stock(4.7B)(4.6B)(4.7B)(4.7B)(4.2B)(4.0B)
Property Plant Equipment3.6B3.7B4.5B4.4B5.1B3.7B
Current Deferred Revenue596M776M1.0B150M766M527.9M
Net Tangible Assets(5.3B)(4.7B)(4.5B)(3.6B)(3.2B)(3.4B)
Noncontrolling Interest In Consolidated Entity567M524M495M434M499.1M524.1M
Retained Earnings Total Equity7.9B8.3B9.0B9.2B10.6B7.8B

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.