KLG
Price:
$23
Market Cap:
$1.99B
WK Kellogg Co operates as a food enterprise, with its operations spanning the United States, Canada, and the Caribbean. The core of its offerings includes a range of ready-to-eat breakfast cereals, prominently sold under popular brands like Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi. This entity, which was originally incorporated in 2022, was formerly recognized as North America Cereal Co. before officially adopting the WK Kellogg Co name in March of 2023. Its corporate headquarters are situated in Battle Creek, Michigan.
Industry
Packaged Foods
IPO Date
2023-09-27
Stock Exchange
NYSE
Ticker
KLG
According to WK Kellogg Co’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of 20.50% compared to the average of 0.82 of the last 4 quarters.
The mean historical Current Ratio of WK Kellogg Co over the last ten years is 0.85. The current 0.99 Current Ratio has changed 11.58% with respect to the historical average. Over the past ten years (40 quarters), KLG's Current Ratio was at its highest in in the June 2023 quarter at 1.04. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
0.85
Median
0.84
Minimum
0.74
Maximum
1.01
Discovering the peaks and valleys of WK Kellogg Co Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 17.63%
Maximum Annual Current Ratio = 1.01
Minimum Annual Increase = -16.05%
Minimum Annual Current Ratio = 0.74
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.74 | -12.84% |
| 2023 | 0.84 | -16.05% |
| 2022 | 1.01 | 12.45% |
| 2021 | 0.89 | 17.63% |
The current Current Ratio of WK Kellogg Co (KLG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.86
5-year avg
0.85
10-year avg
0.85
WK Kellogg Co’s Current Ratio is less than Sovos Brands, Inc. (2.90), less than The Duckhorn Portfolio, Inc. (8.05), less than Vector Group Ltd. (3.52), less than Thorne HealthTech, Inc. (2.95), less than Industrias Bachoco, S.A.B. de C.V. (2.52), less than Mama's Creations, Inc. (2.32), greater than China Xiangtai Food Co., Ltd. (0.84), less than Whole Earth Brands, Inc. (3.24), greater than YanGuFang International Group Co., Ltd. (0.42), less than The Real Good Food Company, Inc. (1.99),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.90 | $2.34B | |
| 8.05 | $1.63B | |
| 3.52 | $2.36B | |
| 2.95 | $550.63M | |
| 2.52 | $2.65B | |
| 2.32 | $723.36M | |
| 0.84 | $115.62M | |
| 3.24 | $211.57M | |
| 0.42 | $23.47M | |
| 1.99 | $2.18M |
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