Kadant Balance Sheet Health
Financial Health criteria checks 5/6
Kadant has a total shareholder equity of $794.8M and total debt of $310.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are $1.4B and $614.7M respectively. Kadant's EBIT is $165.6M making its interest coverage ratio 19.2. It has cash and short-term investments of $82.6M.
Key information
39.0%
Debt to equity ratio
US$310.02m
Debt
Interest coverage ratio | 19.2x |
Cash | US$82.62m |
Equity | US$794.77m |
Total liabilities | US$614.66m |
Total assets | US$1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KDA's short term assets ($414.8M) exceed its short term liabilities ($55.6M).
Long Term Liabilities: KDA's short term assets ($414.8M) do not cover its long term liabilities ($559.1M).
Debt to Equity History and Analysis
Debt Level: KDA's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: KDA's debt to equity ratio has reduced from 93.1% to 39% over the past 5 years.
Debt Coverage: KDA's debt is well covered by operating cash flow (53.4%).
Interest Coverage: KDA's interest payments on its debt are well covered by EBIT (19.2x coverage).