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Kennametal Inc   (KMT)
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Cumulative Kennametal Inc 's Interest Coverage ratios

KMT's Interest expense and Ebitda growth



KMT Interest Coverage (Dec 31 2023)
II. Quarter
(Sep 30 2023)
I. Quarter
(Jun 30 2023)
IV. Quarter
(Mar 31 2023)
III. Quarter
(Dec 31 2022)
II. Quarter
Y / Y Interest expense Change -2.39 % -0.56 % 5.96 % 20.37 % 8.59 %
Y / Y Ebitda Change -10.9 % -2 % -12.94 % -6 % -16.25 %
Interest Coverage (TTM) 11.06 11.26 11.3 11.93 12.71
Total Ranking # 97 # 658 # 554 # 719 # 678
Seq. Interest expense Change 3.73 % -6.98 % -8.4 % 10.43 % 5.68 %
Seq. Ebitda Change -21.12 % -9.78 % 1.9 % 22.87 % -13.25 %




Interest Coverage in the second quarter 2023 Comment
Kennametal Inc 's interest coverage ratio sequentially decreased to 11.06 but remained above company average. Due to decrease of ebitda in the Q2 2023 by -21.12%.

Within Capital Goods sector 12 other companies have achieved higher interest coverage ratio during the Q2 2023. While Interest coverage ratio total ranking has improved in the second quarter 2023 to 97, from total ranking in the first quarter 2023 at 658.

What is Interest Coverage Ratio?
Source of Kennametal Inc sales

Interest Coverage Company Ranking
Within: No.
Industry # 8
Sector # 13
S&P 500 # 97


Interest Coverage Statistics
High Average Low
14.45
6.97
-9.41
(Dec 31 2018)   (Sep. 30, 2015)





Financial Statements
Kennametal Inc 's Interest expense $ 7 Millions Visit KMT's Income Statement
Kennametal Inc 's Ebitda $ 62 Millions Visit KMT's Income Statement
Where are KMT's Sales coming from? Visit KMT's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Dec 31 2023, within Capital Goods Sector Interest Coverage Ratio EBITDA 12 months ending Dec 31 2023Interest net 12 months ending Dec 31 2023
Powell Industries Inc   29.31 $ 101.851  Millions$ 3.475  Millions
Intuitive Machines Inc   18.97 $ 15.615  Millions$ 0.823  Millions
Sterling Infrastructure Inc   16.66 $ 235.605  Millions$ 14.140  Millions
Tennant Co  11.96 $ 161.400  Millions$ 13.500  Millions
Sci Engineered Materials inc   10.35 $ 2.964  Millions$ 0.286  Millions
Park Aerospace Corp   8.47 $ 9.731  Millions$ 1.149  Millions
Northrop Grumman Corp  5.76 $ 3,139.000  Millions$ 545.000  Millions
Zebra Technologies Corporation  2.83 $ 377.000  Millions$ 133.000  Millions
Primoris Services Corporation  2.64 $ 206.539  Millions$ 78.171  Millions
Willdan Group inc   2.30 $ 21.609  Millions$ 9.413  Millions

Date modified: 2024-02-08T09:08:21+00:00



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