Kadant Inc (KAI)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $847,127K
= 0.00
The debt-to-equity ratio for Kadant Inc has consistently remained at 0.00 over the past several quarters from March 31, 2020, to December 31, 2024. A ratio of 0.00 typically indicates that the company has no debt or minimal debt compared to its equity, signaling a conservative financial structure. This suggests that Kadant Inc is relying more on equity financing rather than debt financing to fund its operations and growth. A low debt-to-equity ratio is generally viewed positively by investors and creditors as it indicates lower financial risk and greater financial stability.
Peer comparison
Dec 31, 2024