Kennametal Return On Tangible Assets from 2010 to 2024

KMT Stock  USD 29.40  0.28  0.96%   
Kennametal Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.05 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0508297
Current Value
0.0452
Quarterly Volatility
0.08297642
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kennametal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kennametal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 141.4 M, Interest Expense of 13.4 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0248 or PTB Ratio of 1.42. Kennametal financial statements analysis is a perfect complement when working with Kennametal Valuation or Volatility modules.
  
Check out the analysis of Kennametal Correlation against competitors.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.

Latest Kennametal's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Kennametal over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Kennametal's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kennametal's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Kennametal Return On Tangible Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation271.53
Mean Deviation0.06
Median0.05
Standard Deviation0.08
Sample Variance0.01
Range0.3226
R-Value0.09
Mean Square Error0.01
R-Squared0.01
Significance0.74
Slope0
Total Sum of Squares0.1

Kennametal Return On Tangible Assets History

2024 0.0452
2023 0.0508
2022 0.0542
2021 0.0656
2020 0.024
2019 -0.001916
2018 0.11

About Kennametal Financial Statements

Kennametal shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Kennametal investors may analyze each financial statement separately, they are all interrelated. The changes in Kennametal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kennametal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 

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Additional Tools for Kennametal Stock Analysis

When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.