Kadant Balance Sheet Health
Financial Health criteria checks 5/6
Kadant has a total shareholder equity of $794.8M and total debt of $308.0M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are $1.4B and $614.7M respectively. Kadant's EBIT is $167.9M making its interest coverage ratio 19.5. It has cash and short-term investments of $82.6M.
Key information
38.8%
Debt to equity ratio
US$308.03m
Debt
| Interest coverage ratio | 19.5x |
| Cash | US$82.62m |
| Equity | US$794.77m |
| Total liabilities | US$614.66m |
| Total assets | US$1.41b |
Recent financial health updates
Kadant (NYSE:KAI) Could Easily Take On More Debt
Nov 02
Is Kadant (NYSE:KAI) A Risky Investment?
Jul 18Is Kadant (NYSE:KAI) A Risky Investment?
Jan 13Is Kadant (NYSE:KAI) Using Too Much Debt?
Sep 28Recent updates
Is Now The Time To Look At Buying Kadant Inc. (NYSE:KAI)?
Apr 22Is Kadant Inc. (NYSE:KAI) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 08The Returns At Kadant (NYSE:KAI) Aren't Growing
Mar 22Getting In Cheap On Kadant Inc. (NYSE:KAI) Is Unlikely
Jan 20Is It Too Late To Consider Buying Kadant Inc. (NYSE:KAI)?
Dec 05Kadant: Looking For A Successful Retest Of Support Before Going Long
Nov 24Kadant (NYSE:KAI) Could Easily Take On More Debt
Nov 02Calculating The Intrinsic Value Of Kadant Inc. (NYSE:KAI)
Aug 22What Does Kadant Inc.'s (NYSE:KAI) Share Price Indicate?
Aug 07Is Kadant (NYSE:KAI) A Risky Investment?
Jul 18Kadant: Slightly Overvalued Despite Favorable Trends
Jul 10Why Kadant Inc. (NYSE:KAI) Could Be Worth Watching
Apr 03Calculating The Intrinsic Value Of Kadant Inc. (NYSE:KAI)
Mar 06Kadant Non-GAAP EPS of $2.33 beats by $0.31, revenue of $232.1M beats by $13.01M
Feb 15Do Kadant's (NYSE:KAI) Earnings Warrant Your Attention?
Feb 01Is Kadant (NYSE:KAI) A Risky Investment?
Jan 13Kadant Backlog Demand Increases Due To E-Commerce Sales Increase; Appears Undervalued
Jan 03Is There Now An Opportunity In Kadant Inc. (NYSE:KAI)?
Dec 26Do Kadant's (NYSE:KAI) Earnings Warrant Your Attention?
Oct 28Kadant Inc. (NYSE:KAI) Shares Could Be 22% Below Their Intrinsic Value Estimate
Oct 13Is Kadant (NYSE:KAI) Using Too Much Debt?
Sep 28Kadant: Worrying Cracks Emerging
Sep 20Kadant declares $0.26 dividend
Sep 08Is There Now An Opportunity In Kadant Inc. (NYSE:KAI)?
Sep 08Kadant Non-GAAP EPS of $2.24 beats by $0.19, revenue of $222M beats by $0.51M
Aug 02Here's Why Kadant (NYSE:KAI) Has Caught The Eye Of Investors
Jul 23Is There An Opportunity With Kadant Inc.'s (NYSE:KAI) 24% Undervaluation?
Jul 08Is There Now An Opportunity In Kadant Inc. (NYSE:KAI)?
Jun 03Financial Position Analysis
Short Term Liabilities: KAI's short term assets ($414.8M) exceed its short term liabilities ($55.6M).
Long Term Liabilities: KAI's short term assets ($414.8M) do not cover its long term liabilities ($559.1M).
Debt to Equity History and Analysis
Debt Level: KAI's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: KAI's debt to equity ratio has reduced from 93.1% to 38.8% over the past 5 years.
Debt Coverage: KAI's debt is well covered by operating cash flow (53.7%).
Interest Coverage: KAI's interest payments on its debt are well covered by EBIT (19.5x coverage).