Kennametal Total Revenue vs Selling General Administrative Analysis

KMT Stock  USD 24.16  0.46  1.94%   
Kennametal financial indicator trend analysis is infinitely more than just investigating Kennametal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kennametal is a good investment. Please check the relationship between Kennametal Total Revenue and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.

Total Revenue vs Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kennametal Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kennametal's Total Revenue and Selling General Administrative is 0.94. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Kennametal are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., Kennametal's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Kennametal generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Selling General Administrative

Most indicators from Kennametal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kennametal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.At this time, Kennametal's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 526.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit648.0M646.4M743.4M656.5M
Total Revenue2.0B2.1B2.4B1.9B

Kennametal fundamental ratios Correlations

0.840.890.690.950.740.790.920.430.970.170.420.840.820.930.950.640.950.10.950.270.740.80.790.710.83
0.840.670.870.640.620.720.610.730.730.130.730.590.650.80.710.570.95-0.030.90.640.620.60.570.440.68
0.890.670.580.830.790.780.810.20.880.10.20.830.90.870.920.740.850.110.820.070.70.790.880.490.92
0.690.870.580.490.590.420.450.830.550.150.830.410.630.510.580.660.830.030.820.830.360.420.560.230.65
0.950.640.830.490.660.70.980.230.970.160.230.840.740.860.920.520.80.140.840.060.710.80.740.80.73
0.740.620.790.590.660.620.710.280.760.540.280.410.920.670.810.880.730.440.640.20.220.440.780.130.91
0.790.720.780.420.70.620.70.040.830.170.040.720.640.890.810.480.790.190.660.020.740.740.650.580.66
0.920.610.810.450.980.710.70.180.950.20.180.780.750.830.940.50.770.210.80.030.630.750.740.720.73
0.430.730.20.830.230.280.040.180.230.021.00.130.30.270.220.340.59-0.220.640.90.160.130.180.070.32
0.970.730.880.550.970.760.830.950.230.260.230.810.80.920.950.610.870.190.840.10.70.80.770.730.8
0.170.130.10.150.160.540.170.20.020.260.03-0.160.410.120.210.550.150.820.040.01-0.37-0.080.19-0.10.39
0.420.730.20.830.230.280.040.181.00.230.030.130.30.270.220.350.59-0.220.640.90.160.130.180.070.32
0.840.590.830.410.840.410.720.780.130.81-0.160.130.630.840.820.410.76-0.080.8-0.050.910.830.750.80.65
0.820.650.90.630.740.920.640.750.30.80.410.30.630.760.880.910.810.40.770.140.390.560.920.281.0
0.930.80.870.510.860.670.890.830.270.920.120.270.840.760.890.550.910.040.850.080.810.80.730.670.78
0.950.710.920.580.920.810.810.940.220.950.210.220.820.880.890.680.870.270.860.090.660.750.890.610.88
0.640.570.740.660.520.880.480.50.340.610.550.350.410.910.550.680.680.460.620.240.170.360.780.070.92
0.950.950.850.830.80.730.790.770.590.870.150.590.760.810.910.870.680.040.960.460.710.730.750.550.83
0.1-0.030.110.030.140.440.190.21-0.220.190.82-0.22-0.080.40.040.270.460.04-0.03-0.19-0.36-0.050.35-0.070.37
0.950.90.820.820.840.640.660.80.640.840.040.640.80.770.850.860.620.96-0.030.470.720.730.750.610.78
0.270.640.070.830.060.20.020.030.90.10.010.9-0.050.140.080.090.240.46-0.190.470.040.050.03-0.040.15
0.740.620.70.360.710.220.740.630.160.7-0.370.160.910.390.810.660.170.71-0.360.720.040.860.480.790.43
0.80.60.790.420.80.440.740.750.130.8-0.080.130.830.560.80.750.360.73-0.050.730.050.860.540.730.58
0.790.570.880.560.740.780.650.740.180.770.190.180.750.920.730.890.780.750.350.750.030.480.540.370.91
0.710.440.490.230.80.130.580.720.070.73-0.10.070.80.280.670.610.070.55-0.070.61-0.040.790.730.370.29
0.830.680.920.650.730.910.660.730.320.80.390.320.651.00.780.880.920.830.370.780.150.430.580.910.29
Click cells to compare fundamentals

Kennametal Account Relationship Matchups

Kennametal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.5B2.9B2.1B
Short Long Term Debt Total1.1B600.5M615.6M595.9M685.2M512.0M
Other Current Liab233.1M251.4M236.6M229.9M264.4M168.9M
Total Current Liabilities898.1M437.4M485.6M434.0M499.1M413.1M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.5B1.0B
Property Plant And Equipment Net1.0B1.1B1.0B969.1M1.1B603.9M
Net Debt487.8M446.4M530.0M489.8M563.3M399.4M
Retained Earnings1.0B992.6M1.1B1.1B1.3B707.8M
Cash606.7M154.0M85.6M106.0M121.9M112.6M
Non Current Assets Total1.6B1.7B1.5B1.5B1.7B1.2B
Non Currrent Assets Other155.4M208.2M122.2M188.7M217.0M227.8M
Cash And Short Term Investments606.7M154.0M85.6M106.0M121.9M114.8M
Net Receivables238.0M302.9M295.3M307.3M353.4M298.9M
Common Stock Shares Outstanding83.0M84.3M83.9M81.4M93.6M72.9M
Liabilities And Stockholders Equity3.0B2.7B2.6B2.5B2.9B2.1B
Non Current Liabilities Total870.7M860.2M796.6M799.1M919.0M621.5M
Inventory522.4M476.3M570.8M557.6M641.3M401.8M
Other Stockholder Equity538.6M562.8M494.2M465.4M535.2M477.0M
Total Liab1.8B1.3B1.3B1.2B1.4B1.0B
Property Plant And Equipment Gross1.1B1.1B2.3B2.4B2.7B2.9B
Total Current Assets1.4B1.0B1.0B1.0B1.2B884.6M
Accumulated Other Comprehensive Income(417.2M)(330.3M)(414.0M)(414.3M)(372.9M)(354.3M)
Short Term Debt500.4M8.4M21.2M689K792.4K752.7K
Intangible Assets132.6M120.0M105.7M93.2M107.1M101.8M
Other Current Assets73.7M71.5M72.9M55.8M64.2M61.9M
Accounts Payable164.6M177.7M227.9M203.3M233.8M159.2M
Good Will270.6M277.6M264.2M269.6M310.0M478.6M
Common Stock Total Equity103.7M104.5M101.7M99.8M114.8M88.8M
Common Stock103.7M104.5M101.7M99.8M114.8M88.8M
Other Liab239.2M268.1M202.3M171.7M197.5M213.9M
Other Assets107.3M208.2M176.8M188.7M217.0M227.8M
Long Term Debt594.1M592.1M594.4M595.2M684.4M573.8M
Property Plant Equipment1.1B1.1B1.0B969.1M1.1B798.0M
Net Tangible Assets826.7M932.0M882.6M1.3B1.1B1.0B
Noncontrolling Interest In Consolidated Entity38.9M38.6M38.7M38.7M44.5M36.8M
Retained Earnings Total Equity1.0B992.6M1.1B1.1B1.0B856.5M
Long Term Debt Total594.1M592.1M594.4M595.2M684.4M665.8M
Capital Surpluse538.6M562.8M494.2M465.4M535.2M517.9M

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When determining whether Kennametal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kennametal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kennametal Stock. Highlighted below are key reports to facilitate an investment decision about Kennametal Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.
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Is Kennametal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kennametal. If investors know Kennametal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kennametal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.074
Dividend Share
0.8
Earnings Share
1.51
Revenue Per Share
25.873
Quarterly Revenue Growth
(0)
The market value of Kennametal is measured differently than its book value, which is the value of Kennametal that is recorded on the company's balance sheet. Investors also form their own opinion of Kennametal's value that differs from its market value or its book value, called intrinsic value, which is Kennametal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kennametal's market value can be influenced by many factors that don't directly affect Kennametal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kennametal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kennametal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kennametal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.