Kellanova Total Permanent Equity vs Treasury Stock Analysis
K Stock | USD 81.02 0.24 0.30% |
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 Total Permanent Equity and its Treasury Stock 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.
Total Permanent Equity vs Treasury Stock
Total Permanent Equity vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kellanova Total Permanent Equity account and Treasury Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kellanova's Total Permanent Equity and Treasury Stock is -0.31. Overlapping area represents the amount of variation of Total Permanent Equity that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Kellanova, assuming nothing else is changed. The correlation between historical values of Kellanova's Total Permanent Equity and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Permanent Equity of Kellanova are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Total Permanent Equity i.e., Kellanova's Total Permanent Equity and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Permanent Equity
Treasury Stock
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 Profit | 4.6B | 4.6B | 13.1B | 13.8B | Total Revenue | 14.2B | 15.3B | 13.1B | 10.6B |
Kellanova fundamental ratios Correlations
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Kellanova Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kellanova fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.6B | 18.0B | 18.2B | 18.5B | 15.6B | 10.7B | |
Short Long Term Debt Total | 8.5B | 8.1B | 7.7B | 7.2B | 6.5B | 4.8B | |
Other Current Liab | 1.6B | 1.7B | 1.6B | 2.4B | 1.8B | 1.9B | |
Total Current Liabilities | 4.8B | 5.2B | 5.3B | 6.3B | 5.1B | 3.2B | |
Total Stockholder Equity | 2.7B | 3.1B | 3.7B | 3.9B | 3.2B | 2.1B | |
Property Plant And Equipment Net | 4.2B | 4.4B | 4.5B | 4.4B | 3.9B | 3.3B | |
Net Debt | 8.1B | 7.7B | 7.4B | 6.9B | 6.3B | 4.5B | |
Retained Earnings | 7.9B | 8.3B | 9.0B | 9.2B | 8.8B | 4.8B | |
Cash | 397M | 435M | 286M | 299M | 274M | 281.4M | |
Non Current Assets Total | 14.1B | 14.5B | 14.8B | 14.3B | 12.3B | 8.3B | |
Non Currrent Assets Other | 908M | 1.2B | 1.5B | 1.3B | 961M | 663.9M | |
Cash And Short Term Investments | 397M | 435M | 286M | 299M | 274M | 281.4M | |
Net Receivables | 1.6B | 1.5B | 1.5B | 1.5B | 1.6B | 999.8M | |
Common Stock Shares Outstanding | 345.6M | 348M | 343M | 345M | 344M | 325.0M | |
Liabilities And Stockholders Equity | 17.6B | 18.0B | 18.2B | 18.5B | 15.6B | 10.7B | |
Non Current Liabilities Total | 9.5B | 9.1B | 8.6B | 7.8B | 7.2B | 5.3B | |
Inventory | 1.2B | 1.3B | 1.4B | 1.8B | 1.2B | 874.5M | |
Other Current Assets | 232M | 226M | 221M | 1.0B | 245M | 264.1M | |
Other Stockholder Equity | (3.8B) | (3.6B) | (3.7B) | (3.7B) | (3.7B) | (3.5B) | |
Total Liab | 14.3B | 14.4B | 14.0B | 14.1B | 12.3B | 8.5B | |
Total Current Assets | 3.4B | 3.5B | 3.4B | 4.2B | 3.3B | 2.4B | |
Short Term Debt | 841M | 963M | 1.1B | 1.4B | 905M | 961.5M | |
Intangible Assets | 2.6B | 2.5B | 2.4B | 2.3B | 1.9B | 2.0B | |
Accounts Payable | 2.4B | 2.5B | 2.6B | 2.6B | 2.3B | 1.2B | |
Property Plant And Equipment Gross | 4.2B | 4.4B | 4.5B | 4.4B | 8.2B | 8.6B | |
Accumulated Other Comprehensive Income | (1.4B) | (1.7B) | (1.7B) | (1.7B) | (2.0B) | (2.1B) | |
Other Liab | 1.8B | 1.9B | 1.9B | 1.9B | 2.1B | 1.4B | |
Other Assets | 1.1B | 6.2B | 1.7B | 1.5B | 1.7B | 1.1B | |
Long Term Debt | 7.2B | 6.7B | 6.3B | 5.3B | 5.1B | 5.7B | |
Good Will | 5.9B | 5.8B | 5.8B | 5.7B | 5.2B | 4.7B | |
Treasury Stock | (4.7B) | (4.6B) | (4.7B) | (4.7B) | (4.2B) | (4.0B) | |
Property Plant Equipment | 3.6B | 3.7B | 4.5B | 4.4B | 5.1B | 3.7B | |
Current Deferred Revenue | 596M | 776M | 1.0B | 150M | 766M | 527.9M | |
Net Tangible Assets | (5.3B) | (4.7B) | (4.5B) | (3.6B) | (3.2B) | (3.4B) | |
Noncontrolling Interest In Consolidated Entity | 567M | 524M | 495M | 434M | 499.1M | 524.1M | |
Retained Earnings Total Equity | 7.9B | 8.3B | 9.0B | 9.2B | 10.6B | 7.8B |
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Try AI Portfolio ArchitectCheck 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.