Kennametal Inc

NYSE KMT

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Kennametal Inc Debt to Capital Ratio 3 year CAGR for the quarter ending March 31, 2024: 0.58%

Kennametal Inc Debt to Capital Ratio 3 year CAGR is 0.58% for the quarter ending March 31, 2024, a -69.70% change year over year. The debt to capital ratio measures the proportion of a company's total capitalization that is financed by debt. It is calculated by dividing total debt by the sum of total debt and shareholders' equity. This ratio provides insights into the capital structure and financial risk of the company. A higher ratio indicates a greater reliance on debt financing. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Kennametal Inc Debt to Capital Ratio for the quarter ending March 31, 2023 was 0.34, a 6.35% change year over year.
  • Kennametal Inc Debt to Capital Ratio for the quarter ending March 31, 2022 was 0.32, a -1.02% change year over year.
  • Kennametal Inc Debt to Capital Ratio for the quarter ending March 31, 2021 was 0.32, a 0.54% change year over year.
  • Kennametal Inc Debt to Capital Ratio for the quarter ending March 31, 2020 was 0.32.
NYSE: KMT

Kennametal Inc

CEO Mr. Christopher Rossi
IPO Date Nov. 5, 1987
Location United States
Headquarters 525 William Penn Place, Pittsburgh, PA, United States, 15219
Employees 8,700
Sector Industrials
Industry Tools & accessories
Description

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company operates through two segments, Metal Cutting and Infrastructure. It offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. In addition, the company provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. Further, it produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. The company provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national distributors; integrated supplier channels; and through the Internet. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

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StockViz Staff

September 20, 2024

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