Kennametal Inc (KMT)
Debt-to-assets ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,545,410 | 2,503,760 | 2,547,230 | 2,573,520 | 2,665,760 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,545,410K
= 0.00
The debt-to-assets ratio for Kennametal Inc. has remained consistently at zero across all reported periods from June 30, 2021, through June 30, 2025. This indicates that the company has had no recorded total debt relative to its total assets during these years. A debt-to-assets ratio of zero suggests that Kennametal Inc. has relied entirely on equity financing or retained earnings to fund its assets, with no utilization of debt financing. This financial structure implies a conservative approach to leveraging, potentially reducing financial risk and interest expenses, but may also limit the company's financial flexibility for leveraging growth opportunities. Overall, the stability of the ratio at zero over multiple years demonstrates a steady and debt-free capital structure in the analyzed periods.