Kadant Inc (KAI)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 847,127 | 773,702 | 653,849 | 563,936 | 495,359 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $847,127K)
= 0.00
The debt-to-capital ratio for Kadant Inc has consistently stood at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has not relied on debt financing to fund its operations and investments during this period. A debt-to-capital ratio of 0.00 indicates that the company's capital structure is largely composed of equity rather than debt, suggesting a lower financial risk and potential for financial stability. A persistent zero debt-to-capital ratio may signify that Kadant Inc has managed to operate and grow its business without taking on significant debt obligations, potentially enhancing its financial flexibility and resilience.
Peer comparison
Dec 31, 2024