Kennametal Balance Sheet Health
Financial Health criteria checks 5/6
Kennametal has a total shareholder equity of $1.3B and total debt of $618.9M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are $2.5B and $1.2B respectively. Kennametal's EBIT is $194.2M making its interest coverage ratio 6.9. It has cash and short-term investments of $90.7M.
Key information
46.6%
Debt to equity ratio
US$618.89m
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$90.74m |
| Equity | US$1.33b |
| Total liabilities | US$1.22b |
| Total assets | US$2.54b |
Recent financial health updates
These 4 Measures Indicate That Kennametal (NYSE:KMT) Is Using Debt Reasonably Well
Feb 22
We 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 06We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt
Oct 05These 4 Measures Indicate That Kennametal (NYSE:KMT) Is Using Debt Reasonably Well
Jul 05Recent updates
Getting 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 06Estimating The Fair Value Of Kennametal Inc. (NYSE:KMT)
Nov 17Kennametal goes ex dividend monday
Nov 04Kennametal's (NYSE:KMT) Dividend Will Be $0.20
Nov 04Kennametal: Some Upside Still Exists
Oct 29We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt
Oct 05Returns At Kennametal (NYSE:KMT) Are On The Way Up
Sep 20Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20
Aug 05What Is Kennametal Inc.'s (NYSE:KMT) Share Price Doing?
Aug 02Kennametal Non-GAAP EPS of $0.53 beats by $0.07, revenue of $530.01M beats by $13.92M
Aug 01These 4 Measures Indicate That Kennametal (NYSE:KMT) Is Using Debt Reasonably Well
Jul 05Kennametal: An Attractive Turnaround Play
Jul 03Return Trends At Kennametal (NYSE:KMT) Aren't Appealing
Jun 14Kennametal (NYSE:KMT) Has Announced A Dividend Of US$0.20
May 08Financial Position Analysis
Short Term Liabilities: KMT's short term assets ($1.0B) exceed its short term liabilities ($414.1M).
Long Term Liabilities: KMT's short term assets ($1.0B) exceed its long term liabilities ($802.1M).
Debt to Equity History and Analysis
Debt Level: KMT's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: KMT's debt to equity ratio has increased from 45.5% to 46.6% over the past 5 years.
Debt Coverage: KMT's debt is well covered by operating cash flow (47.5%).
Interest Coverage: KMT's interest payments on its debt are well covered by EBIT (6.9x coverage).