Kennametal Stock Based Compensation vs Investments Analysis

KMT Stock  USD 28.48  0.03  0.11%   
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 Stock Based Compensation and its Investments 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.

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kennametal Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kennametal's Stock Based Compensation and Investments is -0.33. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Kennametal are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Kennametal's Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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 Profit648.0M646.4M627.1M657.4M
Total Revenue2.0B2.1B2.0B1.9B

Kennametal fundamental ratios Correlations

0.840.870.70.950.730.780.910.450.970.30.450.840.840.930.950.660.950.060.950.280.760.820.790.720.79
0.840.720.870.640.630.720.610.730.740.310.730.590.690.810.730.610.96-0.030.90.640.620.60.590.450.66
0.870.720.620.790.590.720.720.320.810.040.320.90.80.860.860.670.86-0.170.870.160.860.830.790.60.75
0.70.870.620.490.590.420.440.840.550.280.840.420.660.510.590.690.830.00.830.840.390.430.570.240.61
0.950.640.790.490.640.690.970.250.970.260.250.850.740.850.930.530.80.10.840.070.720.810.730.820.7
0.730.630.590.590.640.610.690.310.750.70.310.40.90.660.780.880.730.430.630.240.240.450.750.140.9
0.780.720.720.420.690.610.690.050.820.230.050.720.640.890.810.480.780.180.650.030.730.740.640.590.65
0.910.610.720.440.970.690.690.20.950.290.20.770.730.830.930.490.760.20.780.050.640.760.720.740.72
0.450.730.320.840.250.310.050.20.250.221.00.140.370.290.260.410.6-0.210.660.890.170.140.220.070.32
0.970.740.810.550.970.750.820.950.250.370.250.810.810.920.950.620.870.150.840.120.720.810.760.750.77
0.30.310.040.280.260.70.230.290.220.370.21-0.120.460.260.290.570.310.450.180.21-0.210.010.23-0.130.42
0.450.730.320.840.250.310.050.21.00.250.210.140.370.290.260.410.6-0.210.660.890.170.140.220.070.32
0.840.590.90.420.850.40.720.770.140.81-0.120.140.660.840.840.440.76-0.120.81-0.060.910.830.760.810.61
0.840.690.80.660.740.90.640.730.370.810.460.370.660.780.870.930.840.310.80.20.470.610.910.330.96
0.930.810.860.510.850.660.890.830.290.920.260.290.840.780.90.580.90.010.840.080.820.810.730.680.74
0.950.730.860.590.930.780.810.930.260.950.290.260.840.870.90.690.880.20.870.120.710.790.890.650.83
0.660.610.670.690.530.880.480.490.410.620.570.410.440.930.580.690.720.310.650.310.250.40.790.090.88
0.950.960.860.830.80.730.780.760.60.870.310.60.760.840.90.880.720.010.960.470.730.740.760.570.79
0.06-0.03-0.170.00.10.430.180.2-0.210.150.45-0.21-0.120.310.010.20.310.01-0.07-0.14-0.41-0.060.28-0.10.38
0.950.90.870.830.840.630.650.780.660.840.180.660.810.80.840.870.650.96-0.070.480.740.740.760.620.74
0.280.640.160.840.070.240.030.050.890.120.210.89-0.060.20.080.120.310.47-0.140.480.030.040.06-0.050.17
0.760.620.860.390.720.240.730.640.170.72-0.210.170.910.470.820.710.250.73-0.410.740.030.860.530.780.4
0.820.60.830.430.810.450.740.760.140.810.010.140.830.610.810.790.40.74-0.060.740.040.860.570.730.56
0.790.590.790.570.730.750.640.720.220.760.230.220.760.910.730.890.790.760.280.760.060.530.570.410.87
0.720.450.60.240.820.140.590.740.070.75-0.130.070.810.330.680.650.090.57-0.10.62-0.050.780.730.410.28
0.790.660.750.610.70.90.650.720.320.770.420.320.610.960.740.830.880.790.380.740.170.40.560.870.28
Click cells to compare fundamentals

Kennametal Account Relationship Matchups

Kennametal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.5B2.5B2.1B
Short Long Term Debt Total1.1B600.5M615.6M595.9M645.8M517.1M
Other Current Liab233.1M212.2M184.7M193.4M184.4M166.2M
Total Current Liabilities898.1M437.4M485.6M434.0M416.0M414.2M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.2B1.0B
Property Plant And Equipment Net1.0B1.1B1.0B969.1M986.2M616.2M
Net Debt487.8M446.4M530.0M489.8M517.8M403.8M
Retained Earnings1.0B992.6M1.1B1.1B1.2B722.6M
Cash606.7M154.0M85.6M106.0M128.0M113.3M
Non Current Assets Total1.6B1.7B1.5B1.5B1.5B1.2B
Non Currrent Assets Other155.4M208.2M122.2M188.7M82.6M74.5M
Cash And Short Term Investments606.7M154.0M85.6M106.0M128.0M115.4M
Net Receivables238.0M302.9M295.3M307.3M302.8M299.8M
Common Stock Shares Outstanding83.0M84.3M83.9M81.4M80.0M73.3M
Liabilities And Stockholders Equity3.0B2.7B2.6B2.5B2.5B2.1B
Non Current Liabilities Total870.7M860.2M796.6M799.1M799.2M628.1M
Inventory522.4M476.3M570.8M557.6M514.6M406.0M
Other Stockholder Equity538.6M562.8M494.2M465.4M416.6M420.7M
Total Liab1.8B1.3B1.3B1.2B1.2B1.0B
Property Plant And Equipment Gross1.1B1.1B2.3B2.4B2.5B2.6B
Total Current Assets1.4B1.0B1.0B1.0B1.0B890.2M
Accumulated Other Comprehensive Income(417.2M)(330.3M)(414.0M)(414.3M)(434.6M)(412.9M)
Short Term Debt500.4M22.6M33.6M12.1M26.9M25.6M
Intangible Assets132.6M120.0M105.7M93.2M81.4M77.3M
Other Current Assets73.7M71.5M72.9M55.8M57.2M61.9M
Accounts Payable164.6M177.7M227.9M203.3M191.5M160.7M
Good Will270.6M277.6M264.2M269.6M271.6M472.8M
Common Stock Total Equity103.7M104.5M101.7M99.8M114.8M88.8M
Common Stock103.7M104.5M101.7M99.8M97.4M89.5M
Other Liab239.2M268.1M202.3M171.7M197.5M213.9M
Other Assets107.3M208.2M176.8M188.7M1.00.95
Long Term Debt594.1M592.1M594.4M595.2M596.0M577.1M
Property Plant Equipment1.1B1.1B1.0B969.1M1.1B798.0M
Net Tangible Assets826.7M932.0M882.6M1.3B1.1B1.0B
Noncontrolling Interest In Consolidated Entity38.9M38.6M38.7M38.7M44.5M36.8M
Retained Earnings Total Equity1.0B992.6M1.1B1.1B1.0B856.5M
Long Term Debt Total594.1M592.1M594.4M595.2M684.4M665.8M
Capital Surpluse538.6M562.8M494.2M465.4M535.2M517.9M

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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.