Kaman (KAMN) Debt-to-Equity : 0.82 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Kaman Debt-to-Equity?

Kaman's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $202.6 Mil. Kaman's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $363.5 Mil. Kaman's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $691.8 Mil. Kaman's debt to equity for the quarter that ended in Dec. 2023 was 0.82.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

KAMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.59 Max: 0.84
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Kaman was 0.84. The lowest was 0.25. And the median was 0.59.

KAMN's Debt-to-Equity is ranked worse than
73.73% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs KAMN: 0.82

Kaman Debt-to-Equity Historical Data

The historical data trend for Kaman's Debt-to-Equity 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.

Kaman Debt-to-Equity Chart

Kaman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.25

0.27

0.26

0.84

0.82

Kaman Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.84	0.90	0.86	0.87	0.82

Competitive Comparison of Kaman's Debt-to-Equity

For the Aerospace & Defense subindustry, Kaman's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Kaman's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kaman's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kaman's Debt-to-Equity falls into.

Kaman Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(202.62	+	363.478)	/	691.767
	=	0.82

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(202.62	+	363.478)	/	691.767
	=	0.82

Kaman (NYSE:KAMN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Kaman Debt-to-Equity Related Terms

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

Kaman (KAMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Kaman Corp (NYSE:KAMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KA1:Germany

Address

1332 Blue Hills Avenue, Bloomfield, CT, USA, 06002

Website

https://www.kaman.com

Kaman Corp is a diversified company that conducts business in the aerospace and defense, medical and industrial markets. The Engineered Products segment serves the aerospace and defense, industrial and medical markets providing sophisticated proprietary aircraft bearings and components. The Precision Products segment serves the aerospace and defense markets providing precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries. The Structures segment serves the aerospace and defense and medical end markets providing sophisticated complex metallic and composite aerostructures for commercial, military, and general aviation fixed military and general aviation fixed and rotary wing aircraft, and medical imaging solutions.

Executives

Matthew King Petterson	officer: VP CAO & CONTROLLER	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Wilfredo Roy Dilig	officer: VP INFORMATION TECHNOLOGY	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Smith Richard Stanley Jr	officer: SVP GEN COUNSEL & SECRETARY	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Carroll Kent Lane	officer: SVP and President KAV and KPP	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Callaway E Reeves Iii	director	C/O KAMAN CORP, PO BOX 1, BLOOMFIELD CT 06002-0001
Niharika Ramdev	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Darlene Ruth Smith	officer: President KAV and KPP	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Rafael Zev Cohen	officer: VP IT & Cybersecurity	C/O KAMAN CORPORATION, BLOOMFIELD CT 06002
Megan Amanda Morgan	officer: VP-HR & CHRO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Kristen Mcdonald Samson	officer: VP and CMCO	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Russell James Bartlett	other: Sr. VP & Chief Operating Offcr	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Aisha Barry	director	111 4TH AVE N UNIT 304, MINNEAPOLIS MN 55401
Michelle Lohmeier	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
Ian K. Walsh	director, officer: President & CEO	111 E. KILBOURNE AVE, MILWAULKEE WI 53202
Thomas W Rabaut	director	C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424