Kennametal Historical Balance Sheet

KMT Stock  USD 24.54  0.27  1.09%   
Trend analysis of Kennametal balance sheet accounts such as Total Current Liabilities of 413.1 M provides information on Kennametal's total assets, liabilities, and equity, which is the actual value of Kennametal to its prevalent stockholders. By breaking down trends over time using Kennametal balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Kennametal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kennametal is a good buy for the upcoming year.

Kennametal Inventory

401.77 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.

About Kennametal Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Kennametal at a specified time, usually calculated after every quarter, six months, or one year. Kennametal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kennametal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kennametal currently owns. An asset can also be divided into two categories, current and non-current.

Kennametal Balance Sheet Chart

At this time, Kennametal's Non Currrent Assets Other are comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2.9 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 168.9 M in 2024.

Total Assets

Total assets refers to the total amount of Kennametal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kennametal books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Kennametal balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kennametal are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Kennametal's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kennametal current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.At this time, Kennametal's Non Currrent Assets Other are comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 2.9 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 168.9 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total615.6M595.9M685.2M512.0M
Total Assets2.6B2.5B2.9B2.1B

Kennametal balance sheet Correlations

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0.690.870.580.490.590.420.450.830.550.150.830.410.630.510.580.670.830.030.820.830.360.420.560.230.65
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0.790.720.780.420.70.620.70.040.830.170.040.720.640.890.810.490.790.190.660.020.740.740.650.580.66
0.920.610.810.450.980.710.70.180.950.20.180.780.750.830.940.530.770.210.80.030.630.750.740.720.73
0.430.730.20.830.230.280.040.180.230.021.00.130.30.270.220.360.59-0.220.640.90.160.130.180.070.32
0.970.730.880.550.970.760.830.950.230.260.230.810.80.920.950.640.870.190.840.10.70.80.770.730.8
0.170.130.10.150.160.540.170.20.020.260.03-0.160.410.120.210.490.150.820.040.01-0.37-0.080.19-0.10.39
0.420.730.20.830.230.280.040.181.00.230.030.130.30.270.220.360.59-0.220.640.90.160.130.180.070.32
0.840.590.830.410.840.410.720.780.130.81-0.160.130.630.840.820.430.76-0.080.8-0.050.910.830.750.80.65
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0.930.80.870.510.860.670.890.830.270.920.120.270.840.760.890.580.910.040.850.080.810.80.730.670.78
0.950.710.920.580.920.810.810.940.220.950.210.220.820.880.890.710.870.270.860.090.660.750.890.610.88
0.670.590.780.670.540.910.490.530.360.640.490.360.430.930.580.710.710.390.640.250.20.370.810.060.94
0.950.950.850.830.80.730.790.770.590.870.150.590.760.810.910.870.710.040.960.460.710.730.750.550.83
0.1-0.030.110.030.140.440.190.21-0.220.190.82-0.22-0.080.40.040.270.390.04-0.03-0.19-0.36-0.050.35-0.070.37
0.950.90.820.820.840.640.660.80.640.840.040.640.80.770.850.860.640.96-0.030.470.720.730.750.610.78
0.270.640.070.830.060.20.020.030.90.10.010.9-0.050.140.080.090.250.46-0.190.470.040.050.03-0.040.15
0.740.620.70.360.710.220.740.630.160.7-0.370.160.910.390.810.660.20.71-0.360.720.040.860.480.790.43
0.80.60.790.420.80.440.740.750.130.8-0.080.130.830.560.80.750.370.73-0.050.730.050.860.540.730.58
0.790.570.880.560.740.780.650.740.180.770.190.180.750.920.730.890.810.750.350.750.030.480.540.370.91
0.710.440.490.230.80.130.580.720.070.73-0.10.070.80.280.670.610.060.55-0.070.61-0.040.790.730.370.29
0.830.680.920.650.730.910.660.730.320.80.390.320.651.00.780.880.940.830.370.780.150.430.580.910.29
Click cells to compare fundamentals

Kennametal Account Relationship Matchups

Kennametal balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.5B2.9B2.1B
Short Long Term Debt Total1.1B600.5M615.6M595.9M685.2M512.0M
Other Current Liab233.1M251.4M236.6M229.9M264.4M168.9M
Total Current Liabilities898.1M437.4M485.6M434.0M499.1M413.1M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.5B1.0B
Property Plant And Equipment Net1.0B1.1B1.0B969.1M1.1B603.9M
Net Debt487.8M446.4M530.0M489.8M563.3M399.4M
Retained Earnings1.0B992.6M1.1B1.1B1.3B707.8M
Cash606.7M154.0M85.6M106.0M121.9M112.6M
Non Current Assets Total1.6B1.7B1.5B1.5B1.7B1.2B
Non Currrent Assets Other155.4M208.2M122.2M188.7M217.0M227.8M
Cash And Short Term Investments606.7M154.0M85.6M106.0M121.9M114.8M
Net Receivables238.0M302.9M295.3M307.3M353.4M298.9M
Common Stock Shares Outstanding83.0M84.3M83.9M81.4M93.6M72.9M
Liabilities And Stockholders Equity3.0B2.7B2.6B2.5B2.9B2.1B
Non Current Liabilities Total870.7M860.2M796.6M799.1M919.0M621.5M
Inventory522.4M476.3M570.8M557.6M641.3M401.8M
Other Stockholder Equity538.6M562.8M494.2M465.4M535.2M419.7M
Total Liab1.8B1.3B1.3B1.2B1.4B1.0B
Property Plant And Equipment Gross1.1B1.1B2.3B2.4B2.7B2.9B
Total Current Assets1.4B1.0B1.0B1.0B1.2B884.6M
Accumulated Other Comprehensive Income(417.2M)(330.3M)(414.0M)(414.3M)(372.9M)(354.3M)
Short Term Debt500.4M8.4M21.2M689K792.4K752.7K
Intangible Assets132.6M120.0M105.7M93.2M107.1M101.8M
Other Current Assets73.7M71.5M72.9M55.8M64.2M61.9M
Accounts Payable164.6M177.7M227.9M203.3M233.8M159.2M
Good Will270.6M277.6M264.2M269.6M310.0M478.6M
Common Stock Total Equity103.7M104.5M101.7M99.8M114.8M88.8M
Common Stock103.7M104.5M101.7M99.8M114.8M88.8M
Other Liab239.2M268.1M202.3M171.7M197.5M213.9M
Other Assets107.3M208.2M176.8M188.7M217.0M227.8M
Long Term Debt594.1M592.1M594.4M595.2M684.4M573.8M
Property Plant Equipment1.1B1.1B1.0B969.1M1.1B798.0M
Net Tangible Assets826.7M932.0M882.6M1.3B1.1B1.0B
Noncontrolling Interest In Consolidated Entity38.9M38.6M38.7M38.7M44.5M36.8M
Retained Earnings Total Equity1.0B992.6M1.1B1.1B1.0B856.5M
Long Term Debt Total594.1M592.1M594.4M595.2M684.4M665.8M
Capital Surpluse538.6M562.8M494.2M465.4M535.2M517.9M

Pair Trading with Kennametal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kennametal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kennametal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kennametal Stock

  0.72RBC RBC BearingsPairCorr

Moving against Kennametal Stock

  0.61J Jacobs Solutions Fiscal Year End 19th of November 2024 PairCorr
  0.49EML EasternPairCorr
  0.4HLMN Hillman Solutions CorpPairCorr
  0.35LECO Lincoln Electric HoldingsPairCorr
The ability to find closely correlated positions to Kennametal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kennametal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kennametal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kennametal to buy it.
The correlation of Kennametal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kennametal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kennametal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kennametal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Kennametal Stock Analysis

When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.