Kennametal Retained Earnings vs Net Receivables Analysis

KMT Stock

USD 28.83 0.57 2.02%

Kennametal financial indicator trend analysis is infinitely more than just investigating Kennametal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kennametal is a good investment. Please check the relationship between Kennametal Retained Earnings and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kennametal Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Kennametal's Retained Earnings and Net Receivables is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Kennametal are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Kennametal's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

Most indicators from Kennametal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kennametal 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 Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.At this time, Kennametal's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas Selling General Administrative is likely to drop slightly above 526.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	648.0M	646.4M	627.1M	657.4M
Total Revenue	2.0B	2.1B	2.0B	1.9B

Gross Profit Total Revenue

Kennametal fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.84	0.87	0.7	0.95	0.73	0.78	0.91	0.45	0.97	0.3	0.45	0.84	0.84	0.93	0.95	0.66	0.95	0.06	0.95	0.28	0.76	0.82	0.79	0.72	0.79
Short Long Term Debt Total	0.84		0.72	0.87	0.64	0.63	0.72	0.61	0.73	0.74	0.31	0.73	0.59	0.69	0.81	0.73	0.61	0.96	-0.03	0.9	0.64	0.62	0.6	0.59	0.45	0.66
Other Current Liab	0.87	0.72		0.62	0.79	0.59	0.72	0.72	0.32	0.81	0.04	0.32	0.9	0.8	0.86	0.86	0.67	0.86	-0.17	0.87	0.16	0.86	0.83	0.79	0.6	0.75
Total Current Liabilities	0.7	0.87	0.62		0.49	0.59	0.42	0.44	0.84	0.55	0.28	0.84	0.42	0.66	0.51	0.59	0.69	0.83	0.0	0.83	0.84	0.39	0.43	0.57	0.24	0.61
Total Stockholder Equity	0.95	0.64	0.79	0.49		0.64	0.69	0.97	0.25	0.97	0.26	0.25	0.85	0.74	0.85	0.93	0.53	0.8	0.1	0.84	0.07	0.72	0.81	0.73	0.82	0.7
Property Plant And Equipment Net	0.73	0.63	0.59	0.59	0.64		0.61	0.69	0.31	0.75	0.7	0.31	0.4	0.9	0.66	0.78	0.88	0.73	0.43	0.63	0.24	0.24	0.45	0.75	0.14	0.9
Net Debt	0.78	0.72	0.72	0.42	0.69	0.61		0.69	0.05	0.82	0.23	0.05	0.72	0.64	0.89	0.81	0.48	0.78	0.18	0.65	0.03	0.73	0.74	0.64	0.59	0.65
Retained Earnings	0.91	0.61	0.72	0.44	0.97	0.69	0.69		0.2	0.95	0.29	0.2	0.77	0.73	0.83	0.93	0.49	0.76	0.2	0.78	0.05	0.64	0.76	0.72	0.74	0.72
Cash	0.45	0.73	0.32	0.84	0.25	0.31	0.05	0.2		0.25	0.22	1.0	0.14	0.37	0.29	0.26	0.41	0.6	-0.21	0.66	0.89	0.17	0.14	0.22	0.07	0.32
Non Current Assets Total	0.97	0.74	0.81	0.55	0.97	0.75	0.82	0.95	0.25		0.37	0.25	0.81	0.81	0.92	0.95	0.62	0.87	0.15	0.84	0.12	0.72	0.81	0.76	0.75	0.77
Non Currrent Assets Other	0.3	0.31	0.04	0.28	0.26	0.7	0.23	0.29	0.22	0.37		0.21	-0.12	0.46	0.26	0.29	0.57	0.31	0.45	0.18	0.21	-0.21	0.01	0.23	-0.13	0.42
Cash And Short Term Investments	0.45	0.73	0.32	0.84	0.25	0.31	0.05	0.2	1.0	0.25	0.21		0.14	0.37	0.29	0.26	0.41	0.6	-0.21	0.66	0.89	0.17	0.14	0.22	0.07	0.32
Net Receivables	0.84	0.59	0.9	0.42	0.85	0.4	0.72	0.77	0.14	0.81	-0.12	0.14		0.66	0.84	0.84	0.44	0.76	-0.12	0.81	-0.06	0.91	0.83	0.76	0.81	0.61
Common Stock Shares Outstanding	0.84	0.69	0.8	0.66	0.74	0.9	0.64	0.73	0.37	0.81	0.46	0.37	0.66		0.78	0.87	0.93	0.84	0.31	0.8	0.2	0.47	0.61	0.91	0.33	0.96
Non Current Liabilities Total	0.93	0.81	0.86	0.51	0.85	0.66	0.89	0.83	0.29	0.92	0.26	0.29	0.84	0.78		0.9	0.58	0.9	0.01	0.84	0.08	0.82	0.81	0.73	0.68	0.74
Inventory	0.95	0.73	0.86	0.59	0.93	0.78	0.81	0.93	0.26	0.95	0.29	0.26	0.84	0.87	0.9		0.69	0.88	0.2	0.87	0.12	0.71	0.79	0.89	0.65	0.83
Other Stockholder Equity	0.66	0.61	0.67	0.69	0.53	0.88	0.48	0.49	0.41	0.62	0.57	0.41	0.44	0.93	0.58	0.69		0.72	0.31	0.65	0.31	0.25	0.4	0.79	0.09	0.88
Total Liab	0.95	0.96	0.86	0.83	0.8	0.73	0.78	0.76	0.6	0.87	0.31	0.6	0.76	0.84	0.9	0.88	0.72		0.01	0.96	0.47	0.73	0.74	0.76	0.57	0.79
Property Plant And Equipment Gross	0.06	-0.03	-0.17	0.0	0.1	0.43	0.18	0.2	-0.21	0.15	0.45	-0.21	-0.12	0.31	0.01	0.2	0.31	0.01		-0.07	-0.14	-0.41	-0.06	0.28	-0.1	0.38
Total Current Assets	0.95	0.9	0.87	0.83	0.84	0.63	0.65	0.78	0.66	0.84	0.18	0.66	0.81	0.8	0.84	0.87	0.65	0.96	-0.07		0.48	0.74	0.74	0.76	0.62	0.74
Short Term Debt	0.28	0.64	0.16	0.84	0.07	0.24	0.03	0.05	0.89	0.12	0.21	0.89	-0.06	0.2	0.08	0.12	0.31	0.47	-0.14	0.48		0.03	0.04	0.06	-0.05	0.17
Intangible Assets	0.76	0.62	0.86	0.39	0.72	0.24	0.73	0.64	0.17	0.72	-0.21	0.17	0.91	0.47	0.82	0.71	0.25	0.73	-0.41	0.74	0.03		0.86	0.53	0.78	0.4
Other Current Assets	0.82	0.6	0.83	0.43	0.81	0.45	0.74	0.76	0.14	0.81	0.01	0.14	0.83	0.61	0.81	0.79	0.4	0.74	-0.06	0.74	0.04	0.86		0.57	0.73	0.56
Accounts Payable	0.79	0.59	0.79	0.57	0.73	0.75	0.64	0.72	0.22	0.76	0.23	0.22	0.76	0.91	0.73	0.89	0.79	0.76	0.28	0.76	0.06	0.53	0.57		0.41	0.87
Good Will	0.72	0.45	0.6	0.24	0.82	0.14	0.59	0.74	0.07	0.75	-0.13	0.07	0.81	0.33	0.68	0.65	0.09	0.57	-0.1	0.62	-0.05	0.78	0.73	0.41		0.28
Common Stock Total Equity	0.79	0.66	0.75	0.61	0.7	0.9	0.65	0.72	0.32	0.77	0.42	0.32	0.61	0.96	0.74	0.83	0.88	0.79	0.38	0.74	0.17	0.4	0.56	0.87	0.28

Click cells to compare fundamentals

Kennametal Account Relationship Matchups

Kennametal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	2.7B	2.6B	2.5B	2.5B	2.1B
Short Long Term Debt Total	1.1B	600.5M	615.6M	595.9M	645.8M	517.1M
Other Current Liab	233.1M	212.2M	184.7M	193.4M	184.4M	166.2M
Total Current Liabilities	898.1M	437.4M	485.6M	434.0M	416.0M	414.2M
Total Stockholder Equity	1.2B	1.3B	1.3B	1.3B	1.2B	1.0B
Property Plant And Equipment Net	1.0B	1.1B	1.0B	969.1M	986.2M	616.2M
Net Debt	487.8M	446.4M	530.0M	489.8M	517.8M	403.8M
Retained Earnings	1.0B	992.6M	1.1B	1.1B	1.2B	722.6M
Cash	606.7M	154.0M	85.6M	106.0M	128.0M	113.3M
Non Current Assets Total	1.6B	1.7B	1.5B	1.5B	1.5B	1.2B
Non Currrent Assets Other	155.4M	208.2M	122.2M	188.7M	82.6M	74.5M
Cash And Short Term Investments	606.7M	154.0M	85.6M	106.0M	128.0M	115.4M
Net Receivables	238.0M	302.9M	295.3M	307.3M	302.8M	299.8M
Common Stock Shares Outstanding	83.0M	84.3M	83.9M	81.4M	80.0M	73.3M
Liabilities And Stockholders Equity	3.0B	2.7B	2.6B	2.5B	2.5B	2.1B
Non Current Liabilities Total	870.7M	860.2M	796.6M	799.1M	799.2M	628.1M
Inventory	522.4M	476.3M	570.8M	557.6M	514.6M	406.0M
Other Stockholder Equity	538.6M	562.8M	494.2M	465.4M	416.6M	420.7M
Total Liab	1.8B	1.3B	1.3B	1.2B	1.2B	1.0B
Property Plant And Equipment Gross	1.1B	1.1B	2.3B	2.4B	2.5B	2.6B
Total Current Assets	1.4B	1.0B	1.0B	1.0B	1.0B	890.2M
Accumulated Other Comprehensive Income	(417.2M)	(330.3M)	(414.0M)	(414.3M)	(434.6M)	(412.9M)
Short Term Debt	500.4M	22.6M	33.6M	12.1M	26.9M	25.6M
Intangible Assets	132.6M	120.0M	105.7M	93.2M	81.4M	77.3M
Other Current Assets	73.7M	71.5M	72.9M	55.8M	57.2M	61.9M
Accounts Payable	164.6M	177.7M	227.9M	203.3M	191.5M	160.7M
Good Will	270.6M	277.6M	264.2M	269.6M	271.6M	472.8M
Common Stock Total Equity	103.7M	104.5M	101.7M	99.8M	114.8M	88.8M
Common Stock	103.7M	104.5M	101.7M	99.8M	97.4M	89.5M
Other Liab	239.2M	268.1M	202.3M	171.7M	197.5M	213.9M
Other Assets	107.3M	208.2M	176.8M	188.7M	1.0	0.95
Long Term Debt	594.1M	592.1M	594.4M	595.2M	596.0M	577.1M
Property Plant Equipment	1.1B	1.1B	1.0B	969.1M	1.1B	798.0M
Net Tangible Assets	826.7M	932.0M	882.6M	1.3B	1.1B	1.0B
Noncontrolling Interest In Consolidated Entity	38.9M	38.6M	38.7M	38.7M	44.5M	36.8M
Retained Earnings Total Equity	1.0B	992.6M	1.1B	1.1B	1.0B	856.5M
Long Term Debt Total	594.1M	592.1M	594.4M	595.2M	684.4M	665.8M
Capital Surpluse	538.6M	562.8M	494.2M	465.4M	535.2M	517.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC