Kadant Inc — Earnings Quality Grade F
KAI · Industrials
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 55 days, change +6 days YoY
AR growth 11.3% exceeds revenue growth -0.1%
Revenue -0.1%, CFFO 10.3%. Cash follows revenue
Expense Quality
Inventory growth 41.6% exceeds COGS -1.8%
CapEx growth -18.8% vs revenue -0.1%. Normal
SG&A/Gross Profit = 63.5%. Normal
Gross margin 45.2%, change +1.0pp. Stable
Cash Flow Quality
CFFO/NI = 1.68. Profits backed by cash
FCF $0.2B, FCF/NI = 1.51
Accruals ratio = -4.1%. Low accruals
Cash $0.1B covers only 32% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.9B = 92% of equity. Over 50%
Debt/EBITDA = 1.8x. Healthy
Other assets 14.5% vs revenue -0.1%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 19% YoY. Normal
Manipulation Score
M-Score = -2.60 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor KAI continuously
The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25