Growth For The Year Ended 2020-06-30
Kimball International Inc does not report a significant amount of sales growth. It is not helpful. With that, shareholders will appreciate KBAL’s gross profit margin of 34%. Last year, the company showed sales of $727. 859 million.
KBAL shows EBITDA growth of 19%, and an EBITDA ratio of 11%. The EBITDA grows since the cost of revenue declined a -7%. Note that general and administrative costs declined a -7%.
Balance Sheet Statement As Of 2020-06-30
With an A/L ratio of more than 2x, KBAL’s balance sheet seems very solid. In Q2, Kimball International Inc reported $464 million in assets, with total liabilities of $220 million. Moreover, Kimball International Inc has positive working capital, which shareholders will like. It means that KBAL can cover its short-term liabilities when they come due.
traders will perhaps carefully study KBAL’s financial obligations. KBAL’s short term debt is more significant than the cash in hand. In my view, Kimball International Inc may have to negotiate its debt soon. KBAL’s debt to equity ratio is below 2x. In summary, the debt level appears to be under control. Note that Kimball International Inc reports cash and cash equivalents of $39 million, and net debt of $2 million. KBAL trades at 80x EBITDA, which may not seem cheap. But, with the company’s EBITDA margin of 11% the EV/EBITDA ratio makes sense. null
Quarterly Figures For The Quarter Ended 2020-12-31
In Q2 KBAL reported quarterly sales of $136 million, and gross profit of $45 million. The gross profit margin was equal to 33%. Additionally, KBAL is profitable, which is positive. Kimball International Inc released positive quarterly EBITDA of $5. 094 million. Taking this into account, many shareholders will most likely have a look at KBAL. Taking this into account, many shareholders will most likely have a look at KBAL.
Kimball International Inc has a market cap of $510 million. The enterprise value is equal to $411 million. With forward sales of $727 million, KBAL sells at less than 2x forward sales. I believe that money managers will most likely believe that Kimball International Inc is cheap. Institutional traders UBS ASSET MANAGEMENT AMERICAS, HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, and Grandeur Peak Global Advisors, LLC are Kimball International Inc investors.
The following KBAL’s insiders acquired or sold equity recently.KBAL’s traders will most likely study this information:
+In 2021-04-01, director Settersten Scott M acquired equity of KBAL.
+In 2021-04-01, director TISCHHAUSER THOMAS J acquired stock of KBAL.
+In 2021-04-01, director CONNOLLY PATRICK E acquired equity of KBAL.
About Kimball International Inc
Kimball International, Inc. designs, manufactures, and sells furniture products under the Kimball, National, Kimball Hospitality, and D’style by Kimball Hospitality brands in the United States and internationally. The company offers office furniture, including desks, tables, seating, bookcases, and filing and storage units for federal, state, and local government offices, as well as other government related entities; and furniture solutions, such as headboards, tables, seating, vanities, casegoods, lighting, and other products for hotel properties, and commercial and residential mixed use developments.