Kennametal Inc. (KMT) financial statements (2022 and earlier)

Company profile

Business Address 525 WILLIAM PENN PLACE
PITTSBURGH, PA 15219
State of Incorp. PA
Fiscal Year End June 30
SIC 3541 - Machine Tools, Metal Cutting Types (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments102154607182556191162
Cash and cash equivalents102154607182556191162
Receivables273303238380401380371
Inventory, net of allowances, customer advances and progress billings533476522572525488459
Inventory533476522572525488459
Other current assets77717457635557
Other undisclosed current assets      27
Total current assets:9841,0051,4411,1911,5461,1141,075
Noncurrent Assets
Operating lease, right-of-use asset465048
Property, plant and equipment1,0231,0551,038935824744731
Long-term investments and receivables      0
Long-term investments      0
Intangible assets, net (including goodwill)386398403461478492506
Goodwill273278271300302301298
Intangible assets, net (excluding goodwill)113120133161176191207
Deferred income tax assets575947
Other noncurrent assets115101717183043
Other undisclosed noncurrent assets 894352603514
Total noncurrent assets:1,6271,6611,5971,4651,3801,3021,293
TOTAL ASSETS:2,6112,6663,0382,6562,9262,4152,369
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities260240224301318289248
Accounts payable186178165213222216182
Accrued liabilities44      
Employee-related liabilities 443159776850
Taxes payable3018282919617
Debt12814040012
Accrued environmental loss contingencies336    
Other liabilities126158144143151153152
Other undisclosed current liabilities112951017181825
Total current liabilities:411437898462887461427
Noncurrent Liabilities
Long-term debt and lease obligation, including:593592594592592695700
Operating lease, liability333735
Other undisclosed long-term debt and lease obligation560555559592592695700
Liabilities, other than long-term debt217241254227217206246
Accounts payable and accrued liabilities44109633
Deferred tax liabilities, net23271517
Deferred income tax liabilities242422
Liability, pension and other postretirement and postemployment benefits163171175174160161201
Restructuring reserve 1013    
Other liabilities27323421252824
Other undisclosed noncurrent liabilities332723    
Total noncurrent liabilities:843860871820809901946
Total liabilities:1,2541,2981,7691,2821,6951,3631,373
Stockholders' equity
Stockholders' equity attributable to parent1,3161,3301,2301,3351,1941,017964
Common stock104105104103102101100
Additional paid in capital535563539529512475437
Accumulated other comprehensive loss(349)(330)(417)(374)(320)(324)(353)
Retained earnings1,0279931,0051,077901766781
Stockholders' equity attributable to noncontrolling interest41393940363531
Total stockholders' equity:1,3571,3681,2691,3751,2301,053996
TOTAL LIABILITIES AND EQUITY:2,6112,6663,0382,6562,9262,4152,369

Income statement (P&L) ($ in millions)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues1,9711,8411,8852,3752,3682,0582,098
Revenue, net2,3682,0582,098
Cost of revenue
(Cost of Goods and Services Sold)
(1,331)(1,289)(1,356)(1,544)(1,536)(1,401)(1,482)
Gross profit:640552529831832658616
Operating expenses(425)(407)(388)(474)(498)(463)(495)
Other undisclosed operating loss(12)(43)(119)(28)(27)(82)(296)
Operating income (loss):20210222329308113(175)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
891515(2)(2)4
Interest and debt expense(40)(46)(35)(33)(30)(29)(28)
Income (loss) from continuing operations before income taxes:17065231127582(199)
Income tax expense(40)(6)(7)(63)(70)(30)(25)
Net income (loss):13058(5)24820552(224)
Net loss attributable to noncontrolling interest(5)(4)(1)(6)(5)(3)(2)
Net income (loss) available to common stockholders, diluted:12454(6)24220049(226)

Comprehensive Income ($ in millions)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income (loss):13058(5)24820552(224)
Other comprehensive income (loss)(9)89(46)(54)330(113)
Comprehensive income (loss):121147(51)19420882(337)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(4)(6)2(5)(4)(4)(1)
Comprehensive income (loss), net of tax, attributable to parent:117141(49)18920478(337)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: