Kadant Total Assets vs Net Tangible Assets Analysis
KAI Stock | USD 408.42 15.73 4.01% |
Kadant financial indicator trend analysis is infinitely more than just investigating Kadant Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kadant Inc is a good investment. Please check the relationship between Kadant Total Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kadant Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kadant Inc Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kadant's Total Assets and Net Tangible Assets is -0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Kadant Inc, assuming nothing else is changed. The correlation between historical values of Kadant's Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kadant Inc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Kadant's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Kadant assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kadant Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Kadant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kadant Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kadant Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current Selling General Administrative is estimated to decrease to about 122.9 M. The current Discontinued Operations is estimated to decrease to 2,565
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.8M | 6.5M | 8.4M | 5.9M | Depreciation And Amortization | 34.3M | 34.9M | 33.3M | 35.0M |
Kadant fundamental ratios Correlations
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Kadant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kadant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 939.4M | 927.6M | 1.1B | 1.1B | 1.2B | 1.2B | |
Short Long Term Debt Total | 301.0M | 233.5M | 270.0M | 205.0M | 135.6M | 101.7M | |
Other Current Liab | (38.1M) | 63.0M | (76.5M) | 79.2M | 170.0M | 178.5M | |
Total Current Liabilities | 45.9M | 32.3M | 59.3M | 58.1M | 214.4M | 225.1M | |
Total Stockholder Equity | 427.1M | 496.9M | 565.6M | 655.6M | 773.7M | 812.4M | |
Property Plant And Equipment Net | 86.0M | 84.6M | 108.0M | 118.9M | 165.6M | 173.9M | |
Net Debt | 232.8M | 166.8M | 175.4M | 125.3M | 29.2M | 24.0M | |
Retained Earnings | 435.2M | 479.4M | 551.8M | 660.6M | 763.1M | 801.3M | |
Accounts Payable | 45.9M | 32.3M | 59.3M | 58.1M | 42.1M | 30.0M | |
Cash | 68.3M | 66.6M | 94.2M | 79.7M | 103.8M | 71.2M | |
Non Current Assets Total | 659.5M | 655.0M | 777.9M | 761.3M | 735.5M | 772.3M | |
Non Currrent Assets Other | 63.5M | 57.6M | 73.6M | 42.6M | 18.5M | 18.4M | |
Cash And Short Term Investments | 68.3M | 66.6M | 94.2M | 79.7M | 103.8M | 74.7M | |
Net Receivables | 108.9M | 99.1M | 125.8M | 145.2M | 142.3M | 73.5M | |
Common Stock Shares Outstanding | 11.5M | 11.6M | 11.7M | 11.7M | 11.7M | 9.8M | |
Liabilities And Stockholders Equity | 939.4M | 927.6M | 1.1B | 1.1B | 1.2B | 1.2B | |
Non Current Liabilities Total | 466.5M | 398.4M | 507.3M | 436.3M | 185.0M | 165.6M | |
Inventory | 102.7M | 106.8M | 134.4M | 163.7M | 152.7M | 160.3M | |
Other Current Assets | 17.7M | 18.2M | 29.5M | 26.8M | 41.4M | 43.4M | |
Other Stockholder Equity | 29.3M | 35.3M | 44.0M | 47.6M | 53.5M | 41.7M | |
Total Liab | 512.3M | 430.7M | 566.6M | 494.3M | 399.4M | 233.7M | |
Property Plant And Equipment Gross | 113.2M | 84.6M | 222.0M | 240.3M | 273.4M | 287.0M | |
Total Current Assets | 279.9M | 272.6M | 354.4M | 388.6M | 440.2M | 231.1M | |
Accumulated Other Comprehensive Income | (37.6M) | (19.5M) | (30.4M) | (54.6M) | (43.1M) | (40.9M) | |
Short Term Debt | 2.9M | 1.5M | 5.4M | 3.8M | 2.2M | 3.3M | |
Intangible Assets | 173.9M | 161.0M | 199.3M | 175.6M | 159.3M | 91.4M | |
Good Will | 336.0M | 351.8M | 396.9M | 385.5M | 392.1M | 411.7M | |
Other Liab | 42.8M | 40.7M | 237.8M | 65.7M | 75.5M | 79.3M | |
Other Assets | 45.9M | 14.9M | 73.6M | 81.3M | 93.5M | 98.2M | |
Long Term Debt | 298.2M | 233.5M | 264.6M | 199.2M | 107.7M | 109.0M | |
Treasury Stock | (86.1M) | (78.8M) | (75.5M) | (73.6M) | (66.2M) | (69.5M) | |
Property Plant Equipment | 86.0M | 110.1M | 108.0M | 118.9M | 136.7M | 143.5M | |
Current Deferred Revenue | 35.3M | 37.9M | 71.2M | 64.4M | 12.2M | 11.6M | |
Net Tangible Assets | 251.8M | (17.4M) | (30.6M) | 92.7M | 83.5M | 147.8M |
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kadant Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.