Kadant Inc (KAI)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 847,127 | 851,733 | 807,711 | 782,687 | 773,702 | 731,652 | 710,871 | 682,364 | 653,849 | 608,049 | 604,152 | 597,855 | 563,936 | 541,887 | 529,235 | 502,588 | 495,359 | 460,941 | 438,721 | 422,774 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of Kadant Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period. A debt-to-capital ratio of 0.00 signifies that Kadant Inc's capital structure is predominantly equity-funded, reflecting a conservative financial approach with minimal reliance on borrowing. It suggests a healthy financial position with lower financial risk and potential for higher solvency. However, it is important to consider other financial ratios and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of the company's overall financial health and leverage position.
Peer comparison
Dec 31, 2024