Kennametal Balance Sheet Health
Financial Health criteria checks 5/6
Kennametal has a total shareholder equity of $1.3B and total debt of $659.0M, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are $2.6B and $1.3B respectively. Kennametal's EBIT is $204.5M making its interest coverage ratio 7.3. It has cash and short-term investments of $93.5M.
Key information
50.1%
Debt to equity ratio
US$659.03m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$93.47m |
| Equity | US$1.32b |
| Total liabilities | US$1.29b |
| Total assets | US$2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMT *'s short term assets ($1.1B) exceed its short term liabilities ($488.7M).
Long Term Liabilities: KMT *'s short term assets ($1.1B) exceed its long term liabilities ($798.5M).
Debt to Equity History and Analysis
Debt Level: KMT *'s net debt to equity ratio (43%) is considered high.
Reducing Debt: KMT *'s debt to equity ratio has reduced from 56.9% to 50.1% over the past 5 years.
Debt Coverage: KMT *'s debt is well covered by operating cash flow (32.6%).
Interest Coverage: KMT *'s interest payments on its debt are well covered by EBIT (7.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/13 16:25 |
| End of Day Share Price | 2023/03/16 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kennametal Inc. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julian Mitchell | Barclays |
| Matthew Gall | Barrington Research Associates, Inc. |
| Holden Lewis | BB&T Capital Markets |