Is it safe?
Can KAI take a bad year?
Kadant Inc. carries $246M of net debt at 1.22× EBITDA: a load its earnings can carry.
$246M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.22×
Net debt / EBITDA · 0.90× a year ago · the load is going up
- Altman Z-score
- 5.08
Altman Z-score · safe zone, above 3
- Interest cover
- 9.97×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $363M
- Cash and short-term investments
- $117M
- Net debt
- $246M
- EBITDA, trailing twelve months
- $202M
- Operating profit, trailing twelve months
- $162M
- Debt / equity
- 0.36×
- Total debt / EBITDA
- 1.79×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −52%
- Below its 52-week high
- −14%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Industrial Machinery
Ranks #40 of 44 by Smart Score