Kadant Current Ratio from 2010 to 2024

KAI Stock  USD 408.42  15.73  4.01%   
Kadant's Current Ratio is increasing with stable movements from year to year. Current Ratio is predicted to flatten to 3.38. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
6.02
Current Value
3.38
Quarterly Volatility
1.439531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kadant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kadant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35 M, Interest Expense of 5.9 M or Total Revenue of 1 B, as well as many indicators such as Price To Sales Ratio of 1.95, Dividend Yield of 0.01 or PTB Ratio of 2.93. Kadant financial statements analysis is a perfect complement when working with Kadant Valuation or Volatility modules.
  
Check out the analysis of Kadant Correlation against competitors.

Latest Kadant's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Kadant Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Kadant's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kadant's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.85 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Kadant Current Ratio Regression Statistics

Arithmetic Mean5.68
Geometric Mean5.47
Coefficient Of Variation25.33
Mean Deviation0.94
Median5.98
Standard Deviation1.44
Sample Variance2.07
Range6.2792
R-Value0.20
Mean Square Error2.14
R-Squared0.04
Significance0.47
Slope0.07
Total Sum of Squares29.01

Kadant Current Ratio History

2024 3.38
2023 6.02
2022 6.69
2016 8.67
2012 5.98
2011 4.26
2010 2.39

About Kadant Financial Statements

Investors use fundamental indicators, such as Kadant's Current Ratio, to determine how well the company is positioned to perform in the future. Although Kadant's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 6.02  3.38 

Currently Active Assets on Macroaxis

When determining whether Kadant Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kadant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kadant Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kadant Inc Stock:
Check out the analysis of Kadant Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kadant. If investors know Kadant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kadant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.019
Dividend Share
1.25
Earnings Share
9.77
Revenue Per Share
88.153
Quarterly Revenue Growth
0.112
The market value of Kadant Inc is measured differently than its book value, which is the value of Kadant that is recorded on the company's balance sheet. Investors also form their own opinion of Kadant's value that differs from its market value or its book value, called intrinsic value, which is Kadant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kadant's market value can be influenced by many factors that don't directly affect Kadant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kadant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kadant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kadant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.