Kennametal Balance Sheet Health
Financial Health criteria checks 5/6
Kennametal has a total shareholder equity of $1.3B and total debt of $597.6M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are $2.5B and $1.2B respectively. Kennametal's EBIT is $172.5M making its interest coverage ratio 6.6. It has cash and short-term investments of $119.6M.
Key information
45.3%
Debt to equity ratio
US$597.61m
Debt
| Interest coverage ratio | 6.6x |
| Cash | US$119.59m |
| Equity | US$1.32b |
| Total liabilities | US$1.20b |
| Total assets | US$2.52b |
Recent financial health updates
Is Kennametal (NYSE:KMT) Using Too Much Debt?
Sep 16
These 4 Measures Indicate That Kennametal (NYSE:KMT) Is Using Debt Reasonably Well
Feb 22We Think Kennametal (NYSE:KMT) Is Taking Some Risk With Its Debt
Aug 30Is Kennametal (NYSE:KMT) A Risky Investment?
May 23We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt
Jan 06Recent updates
Kennametal (NYSE:KMT) Will Pay A Dividend Of $0.20
Nov 07What Does Kennametal Inc.'s (NYSE:KMT) Share Price Indicate?
Oct 24Kennametal: Encouraging Free Cash-Flow Trends Point To A Technical Breakout Over The Near-Term
Sep 21Is Kennametal (NYSE:KMT) Using Too Much Debt?
Sep 16Kennametal Seems To Be Going Nowhere Fast
Jun 21These Return Metrics Don't Make Kennametal (NYSE:KMT) Look Too Strong
May 24Kennametal (NYSE:KMT) Is Due To Pay A Dividend Of $0.20
May 09Getting In Cheap On Kennametal Inc. (NYSE:KMT) Is Unlikely
May 01Is It Time To Consider Buying Kennametal Inc. (NYSE:KMT)?
Mar 31These 4 Measures Indicate That Kennametal (NYSE:KMT) Is Using Debt Reasonably Well
Feb 22Kennametal's (NYSE:KMT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jan 31Kennametal: Better Pricing Boosts Gross Margin And Compensates For Lower Demand
Jan 25Market Participants Recognise Kennametal Inc.'s (NYSE:KMT) Earnings
Jan 04Kennametal Inc.'s (NYSE:KMT) Intrinsic Value Is Potentially 41% Above Its Share Price
Nov 15Kennametal's (NYSE:KMT) Dividend Will Be $0.20
Oct 30At US$23.21, Is Kennametal Inc. (NYSE:KMT) Worth Looking At Closely?
Oct 20Kennametal: Shares Are Reaching Even More Attractive Prices
Oct 18We Think Kennametal (NYSE:KMT) Is Taking Some Risk With Its Debt
Aug 30Kennametal (NYSE:KMT) May Have Issues Allocating Its Capital
Aug 01Kennametal Q4 Earnings Preview: Attractively Priced As Earnings Near
Jul 28Calculating The Fair Value Of Kennametal Inc. (NYSE:KMT)
Jul 10Is It Too Late To Consider Buying Kennametal Inc. (NYSE:KMT)?
Jun 07Is Kennametal (NYSE:KMT) A Risky Investment?
May 23Kennametal (NYSE:KMT) Is Paying Out A Dividend Of $0.20
May 05Returns On Capital At Kennametal (NYSE:KMT) Have Hit The Brakes
Apr 26Calculating The Fair Value Of Kennametal Inc. (NYSE:KMT)
Feb 23Kennametal goes ex-dividend on Monday
Feb 10Kennametal (NYSE:KMT) Is Paying Out A Dividend Of $0.20
Feb 10At US$28.93, Is It Time To Put Kennametal Inc. (NYSE:KMT) On Your Watch List?
Feb 02Kennametal (NYSE:KMT) Has Some Way To Go To Become A Multi-Bagger
Jan 20Kennametal: Still Appealing If Guidance Holds
Jan 15We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt
Jan 06Financial Position Analysis
Short Term Liabilities: KMT's short term assets ($1.0B) exceed its short term liabilities ($398.4M).
Long Term Liabilities: KMT's short term assets ($1.0B) exceed its long term liabilities ($805.6M).
Debt to Equity History and Analysis
Debt Level: KMT's net debt to equity ratio (36.3%) is considered satisfactory.
Reducing Debt: KMT's debt to equity ratio has increased from 44.6% to 45.3% over the past 5 years.
Debt Coverage: KMT's debt is well covered by operating cash flow (49.7%).
Interest Coverage: KMT's interest payments on its debt are well covered by EBIT (6.6x coverage).