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Kadant (Kadant) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is Kadant Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kadant's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $773.7 Mil. Kadant's Total Assets for the quarter that ended in Dec. 2023 was $1,175.7 Mil. Therefore, Kadant's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

The historical rank and industry rank for Kadant's Equity-to-Asset or its related term are showing as below:

KAI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.55   Max: 0.66
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Kadant was 0.66. The lowest was 0.44. And the median was 0.55.

KAI's Equity-to-Asset is ranked better than
67.54% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs KAI: 0.66

Kadant Equity-to-Asset Historical Data

The historical data trend for Kadant's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kadant Equity-to-Asset Chart

Kadant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.53 0.50 0.57 0.66

Kadant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.58 0.61 0.63 0.66

Competitive Comparison of Kadant's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Kadant's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kadant's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kadant's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kadant's Equity-to-Asset falls into.



Kadant Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Kadant's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=773.702/1175.665
=0.66

Kadant's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=773.702/1175.665
=0.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kadant  (NYSE:KAI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Kadant Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kadant's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kadant (Kadant) Business Description

Traded in Other Exchanges
Address
One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.
Executives
Thomas Andrew Blanchard officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael C. Colwell officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Erin L Russell director 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
John M Albertine director 100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Dara F Mitchell officer: Senior VP, Corp. Development 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Peter J. Flynn officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Fredrik H Westerhout officer: Vice President KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Stacy D. Krause officer: VP, General Counsel, Secretary KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Michael J Mckenney officer: VICE PRESIDENT ONE ACTON PLACE STE.200, ACTON MA 01720
William P Tully director 1 TECHNOLOGY PARK DRIVE, 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Rebecca Martinez O'mara director KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Thomas C Leonard director KADANT INC., 1 TECHONOLOGY PARK DRIVE, WESTFORD MA 01886
Eric T Langevin officer: Vice President KADANT INC., ONE ACTON PLACE, SUITE 202, ACTON MA 01720
Jeffrey L Powell officer: EXECUTIVE VICE PRESIDENT 1 WALNUT STREET, ACTON MA 01720
Jonathan W Painter officer: EXECUTIVE VICE PRESIDENT ONE ACTO PLACE, SUITE 202, ACTON MA 01720

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