Kadant Inc.

Kadant Inc.verified

KAI

Price:

$419.01

Market Cap:

$4.92B

Kadant Inc. supplies technologies and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders...[Read more]

Industry

Industrial - Machinery

IPO Date

1992-11-03

Stock Exchange

NYSE

Ticker

KAI

The Current Ratio as of November 2024 (TTM) for Kadant Inc. (KAI) is 2.29

According to Kadant Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.29. This represents a change of 5.88% compared to the average of 2.16 of the last 4 quarters.

Kadant Inc. (KAI) Historical Current Ratio (quarterly & annually)

How has KAI Current Ratio performed in the past?

The mean historical Current Ratio of Kadant Inc. over the last ten years is 6.73. The current 2.29 Current Ratio has changed 3.30% with respect to the historical average. Over the past ten years (40 quarters), KAI's Current Ratio was at its highest in in the April 2016 quarter at 10.28. The Current Ratio was at its lowest in in the July 2022 quarter at 1.85.

Quarterly (TTM)
Annual

Average

6.73

Median

6.74

Minimum

2.05

Maximum

8.67

Kadant Inc. (KAI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Kadant Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 38.40%

Maximum Annual Current Ratio = 8.67

Minimum Annual Increase = -69.33%

Minimum Annual Current Ratio = 2.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.05-69.33%
20226.6911.91%
20225.98-29.21%
20218.4538.40%
20196.10-9.47%
20186.74-10.12%
20177.50-13.43%
20168.673.15%
20168.4024.55%
20156.74-7.19%

Kadant Inc. (KAI) Average Current Ratio

How has KAI Current Ratio performed in the past?

The current Current Ratio of Kadant Inc. (KAI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.91

5-year avg

5.86

10-year avg

6.73

Kadant Inc. (KAI) Current Ratio vs. Peers

How is KAI’s Current Ratio compared to its peers?

Kadant Inc.’s Current Ratio is greater than Luxfer Holdings PLC (2.17), greater than Graham Corporation (1.08), less than Enerpac Tool Group Corp. (2.88), less than Omega Flex, Inc. (5.39), less than The Middleby Corporation (2.81), less than EnPro Industries, Inc. (2.76), greater than ITT Inc. (1.58), less than Franklin Electric Co., Inc. (2.40), less than Hurco Companies, Inc. (4.55), less than The Gorman-Rupp Company (2.39), greater than Crane Company (2.18), less than IDEX Corporation (2.97), less than Graco Inc. (4.47),

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