Kadant Balance Sheet Health
Financial Health criteria checks 6/6
Kadant has a total shareholder equity of $818.4M and total debt of $343.3M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $1.5B and $637.6M respectively. Kadant's EBIT is $175.7M making its interest coverage ratio 15.2. It has cash and short-term investments of $73.8M.
Key information
42.0%
Debt to equity ratio
US$343.31m
Debt
| Interest coverage ratio | 15.2x |
| Cash | US$73.81m |
| Equity | US$818.39m |
| Total liabilities | US$637.65m |
| Total assets | US$1.46b |
Recent financial health updates
Kadant (NYSE:KAI) Seems To Use Debt Quite Sensibly
Aug 26
Here's Why Kadant (NYSE:KAI) Can Manage Its Debt Responsibly
May 23Kadant (NYSE:KAI) Could Easily Take On More Debt
Nov 02Is Kadant (NYSE:KAI) A Risky Investment?
Jul 18Is Kadant (NYSE:KAI) A Risky Investment?
Jan 13Recent updates
Calculating The Intrinsic Value Of Kadant Inc. (NYSE:KAI)
Sep 13Kadant (NYSE:KAI) Seems To Use Debt Quite Sensibly
Aug 26Is There Now An Opportunity In Kadant Inc. (NYSE:KAI)?
Aug 13Kadant (NYSE:KAI) Has Some Way To Go To Become A Multi-Bagger
Jul 30Kadant: Growing E-Commerce, A Circular Economy, And Acquisition Of Dynamic Sealing Technologies
Jun 25Kadant Inc.'s (NYSE:KAI) Shares May Have Run Too Fast Too Soon
Jun 20Here's Why Kadant (NYSE:KAI) Can Manage Its Debt Responsibly
May 23Here's Why Shareholders Will Not Be Complaining About Kadant Inc.'s (NYSE:KAI) CEO Pay Packet
May 10Is 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 26Financial Position Analysis
Short Term Liabilities: KAI's short term assets ($455.3M) exceed its short term liabilities ($202.0M).
Long Term Liabilities: KAI's short term assets ($455.3M) exceed its long term liabilities ($435.7M).
Debt to Equity History and Analysis
Debt Level: KAI's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: KAI's debt to equity ratio has reduced from 85.2% to 42% over the past 5 years.
Debt Coverage: KAI's debt is well covered by operating cash flow (45.8%).
Interest Coverage: KAI's interest payments on its debt are well covered by EBIT (15.2x coverage).