Kamada Ltd (KMDA) Financials

KMDA

FY2025 annual

Revenue $180.5M +12.1% YoY

Net Income $20.2M +39.7% YoY

EPS (Diluted) Not reported for FY2025

Operating Cash Flow $25.5M -46.4% YoY

Market Cap $461.7M as of Oct 6, 2026

Price / Sales 2.6x on $180.5M revenue, FY2025

Price / Earnings 22.9x on $20.2M net income, FY2025

Price / Book 1.7x on $269.1M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 11, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Mar 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KMDA SEC filings page.

Kamada Ltd (KMDA) reported $180.5M in revenue for fiscal year 2025, up 12.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KMDA FY2025 2026-10-04

Kamada has shifted from losses to profitable growth, while cash conversion moderated against its latest reported earnings.

From FY2023 to FY2025, revenue grew 26.6% while net margin reached 11.2%, indicating that more sales reached the bottom line; the missing operating-profit data prevents isolating whether mix, costs, or scale drove the improvement. Operating cash flow exceeded net income in both FY2024 and FY2025, but the relationship narrowed from roughly 3.3x to 1.3x, so earnings remained cash-supported without converting as generously in the latest year.

At FY2025, total liabilities were $109.6M against $269.1M of equity, leaving a balance sheet financed mainly by equity rather than obligations. The 4.1x current ratio adds short-term flexibility, although it does not mean every current asset is immediately cash.

Inventory stood at $84.9M, or roughly 44.0% of current assets, making working-capital liquidity partly dependent on selling stock rather than solely collecting receivables. That concentration helps explain why a high current ratio should not be read as frictionless cash availability.

Financial Health Signals

Financial health score not available

Kamada Ltd does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

7/8

Kamada Ltd passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.26x

For every $1 of reported earnings, Kamada Ltd generates $1.26 in operating cash flow ($25.5M OCF vs $20.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$44.7M

YoY+14.5%

QoQ-5.0%

Kamada Ltd generated $44.7M in revenue in Q4 2025. This represents an increase of 14.5% from the same quarter a year earlier. Against the prior quarter it is down 5.0%.

Net Income

$3.6M

YoY-6.5%

QoQ-32.7%

Kamada Ltd reported $3.6M in net income in Q4 2025. This represents a decrease of 6.5% from the same quarter a year earlier. Against the prior quarter it is down 32.7%.

EBITDA

Not reported for Q4 2025.

EPS (Diluted)

Not reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$75.5M

YoY-3.8%

QoQ+4.8%

5Y CAGR+7.5%

Kamada Ltd held $75.5M in cash against $9.4M in long-term debt as of Q4 2025.

Shares Outstanding

58M

YoY+0.3%

QoQ0.0%

Kamada Ltd had 58M shares outstanding in Q4 2025. This represents an increase of 0.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

Net Margin

8.0%

YoY-1.8pp

QoQ-3.3pp

Kamada Ltd's net profit margin was 8.0% in Q4 2025, showing the share of revenue converted to profit. This is down 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.3 percentage points.

Return on Equity

1.3%

YoY-0.1pp

QoQ-0.7pp

Kamada Ltd's ROE was 1.3% in Q4 2025, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.

Gross Margin

Not reported for Q4 2025.

Operating Margin

Not reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

KMDA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KMDA quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Revenue	$180.5M+12.1%	$161.0M+12.9%	$142.5M+10.2%	$129.3M+24.8%	$103.6M-22.2%	$133.2M+4.8%	$127.2M+11.1%	$114.5M+11.3%	$102.8M+32.7%	$77.5M+10.9%	$69.9M
Interest Expense	$864K+30.9%	$660K-49.2%	$1.3M+42.0%	$914K+223.0%	$283K+6.4%	$266K-9.2%	$293K+70.3%	$172K+109.8%	$82K-34.9%	$126K-86.5%	$934K
Income Tax	$3.3M+389.8%	-$1.1M-877.9%	$145K+133.9%	$62K-82.0%	$345K-75.8%	$1.4M+95.2%	$730K+137.3%	-$2.0M-826.8%	$269K-84.4%	$1.7M	N/A
Net Income	$20.2M+39.7%	$14.5M+74.6%	$8.3M+456.9%	-$2.3M-4.1%	-$2.2M-113.0%	$17.1M-23.0%	$22.3M-0.2%	$22.3M+223.1%	$6.9M+202.5%	-$6.7M+40.3%	-$11.3M
Diluted Shares (Avg)	58M+0.9%	58M+7.7%	54M+19.7%	45M-0.1%	45M+0.7%	45M	41M	40M+6.3%	38M+4.5%	36M+0.5%	36M

Metric	Q4'2520-F	Q3'256-K	Q2'256-K	Q1'2510-Q	Q4'2420-F	Q3'246-K	Q2'246-K	Q1'2410-Q
Revenue	$44.7M+14.5%	$47.0M+12.6%	$44.8M+5.4%	$44.0M+16.6%	$39.0M-62.7%	$41.7M+10.0%	$42.5M+13.4%	$37.7M+22.9%
Interest Expense	$259K+37.0%	$221K+32.3%	$192K+32.4%	$192K+20.8%	$189K-89.9%	$167K+115.6%	$145K+120.0%	$159K-100.0%
Income Tax	$1.2M+186.9%	$1.1M+1175.0%	-$1.6M-2676.2%	$2.6M+3479.7%	-$1.3M-2390.1%	$84K+15.1%	$63K-32.3%	$74K-99.4%
Net Income	$3.6M-6.5%	$5.3M+37.1%	$7.4M+66.7%	$4.0M+67.6%	$3.8M-24.8%	$3.9M+19.9%	$4.4M+144.3%	$2.4M+230.7%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

KMDA Balance Sheet

KMDA quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Total Assets	$378.7M+1.7%	$372.3M+4.9%	$354.9M+10.1%	$322.4M+1.2%	$318.7M+51.3%	$210.7M+21.2%	$173.8M+25.8%	$138.1M+13.1%	$122.1M+22.5%	$99.7M	N/A
Current Assets	$193.1M+4.7%	$184.3M+8.5%	$170.0M+22.3%	$139.0M+6.9%	$130.0M-26.9%	$177.9M+23.9%	$143.6M+29.5%	$110.9M+14.5%	$96.9M+25.7%	$77.1M	N/A
Cash & Equivalents	$75.5M-3.8%	$78.4M+41.0%	$55.6M+62.4%	$34.3M+84.3%	$18.6M-73.5%	$70.2M+64.5%	$42.7M+135.8%	$18.1M+42.7%	$12.7M+27.2%	$10.0M+97.5%	$5.0M
Inventory	$84.9M+7.8%	$78.8M-10.9%	$88.5M+28.6%	$68.8M+2.0%	$67.4M+60.5%	$42.0M-2.7%	$43.2M+47.3%	$29.3M+39.1%	$21.1M-17.7%	$25.6M	N/A
Goodwill	$30.3M0.0%	$30.3M0.0%	$30.3M-79.4%	$147.0M+21.3%	$121.2M	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$109.6M-2.8%	$112.8M+1.7%	$110.9M-24.2%	$146.4M+3.2%	$141.8M+342.9%	$32.0M-16.8%	$38.5M+49.5%	$25.7M-21.1%	$32.6M-1.0%	$33.0M	N/A
Current Liabilities	$47.4M-4.0%	$49.4M-0.4%	$49.6M-34.5%	$75.7M+40.0%	$54.1M+116.5%	$25.0M-23.7%	$32.7M+38.9%	$23.6M-19.8%	$29.4M+8.1%	$27.2M	N/A
Non-Current Liabilities	$62.2M-1.8%	$63.4M+3.4%	$61.3M-13.2%	$70.7M-19.5%	$87.8M+1143.4%	$7.1M+23.0%	$5.7M+164.3%	$2.2M-32.6%	$3.2M-44.0%	$5.7M	N/A
Long-Term Debt	$9.4M+0.1%	$9.4M+26.8%	$7.4M	N/A	$3.8M	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$269.1M+3.7%	$259.5M+6.3%	$244.0M+38.6%	$176.0M-0.5%	$176.8M-1.0%	$178.6M+32.0%	$135.3M+20.4%	$112.4M+25.6%	$89.5M+34.1%	$66.7M-7.9%	$72.5M
Retained Earnings	-$17.1M+33.7%	-$25.7M+36.0%	-$40.2M+17.1%	-$48.5M-5.0%	-$46.2M-5.1%	-$43.9M+28.1%	-$61.1M+26.4%	-$83.0M+20.6%	-$104.6M+6.2%	-$111.5M	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K	Q1'2510-Q	Q4'2420-F	Q3'246-K	Q2'246-K	Q1'2410-Q
Total Assets	$378.7M+1.7%	$377.2M+7.4%	$368.2M+4.9%	$375.1M+9.3%	$372.3M+4.9%	$351.2M+4.2%	$351.0M+11.7%	$343.2M+8.3%
Current Assets	$193.1M+4.7%	$192.7M+17.2%	$183.3M+10.1%	$188.5M+19.4%	$184.3M+8.5%	$164.4M+7.3%	$166.4M+28.3%	$157.8M+20.1%
Cash & Equivalents	$75.5M-3.8%	$72.0M0.0%	$66.0M+16.7%	$76.3M+58.2%	$78.4M+41.0%	$72.0M+36.9%	$56.5M+159.5%	$48.2M+77.7%
Inventory	$84.9M+7.8%	$85.4M+19.4%	$82.1M+4.3%	$78.4M-7.1%	$78.8M-10.9%	$71.6M-3.0%	$78.7M-1.9%	$84.3M+5.8%
Goodwill	$30.3M0.0%	$30.3M0.0%	$30.3M0.0%	$30.3M0.0%	$30.3M0.0%	$30.3M	$30.3M	$30.3M
Total Liabilities	$109.6M-2.8%	$112.0M+16.7%	$108.2M+8.3%	$123.1M+33.8%	$112.8M+1.7%	$95.9M-2.8%	$99.9M+100.1%	$92.0M+100.1%
Current Liabilities	$47.4M-4.0%	$47.8M+40.7%	$45.8M+11.9%	$57.0M+53.5%	$49.4M-0.4%	$34.0M-8.8%	$40.9M-37.9%	$37.2M-46.3%
Non-Current Liabilities	$62.2M-1.8%	$64.1M+3.5%	$62.4M+5.9%	$66.1M+11.1%	$63.4M+3.4%	$61.9M+0.9%	$59.0M+82046.2%	$59.5M+81714.6%
Long-Term Debt	$9.4M+0.1%	$9.6M-0.2%	$9.5M+35.2%	$9.3M+28.0%	$9.4M+26.8%	$9.6M+103.0%	$7.1M+42.1%	$7.3M+45.8%
Total Equity	$269.1M+3.7%	$265.2M+3.9%	$260.0M+3.5%	$252.0M+0.3%	$259.5M+6.3%	$255.3M+7.1%	$251.2M-99.9%	$251.2M-99.9%
Retained Earnings	-$17.1M+33.7%	-$20.6M+30.2%	-$25.9M+22.4%	-$33.3M+12.0%	-$25.7M+36.0%	-$29.5M+34.7%	-$33.4M+31.1%	-$37.8M+24.8%

Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.

KMDA Cash Flow Statement

KMDA quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Operating Cash Flow	$25.5M-46.4%	$47.6M+1003.0%	$4.3M-84.9%	$28.6M+424.1%	-$8.8M-146.2%	$19.1M-30.7%	$27.6M+161.4%	$10.5M+192.3%	$3.6M+90.2%	$1.9M+113.6%	-$14.0M
Depreciation & Amortization	$14.9M+8.0%	$13.8M+8.6%	$12.7M+4.6%	$12.2M+116.7%	$5.6M+14.5%	$4.9M+8.4%	$4.5M+22.0%	$3.7M+5.1%	$3.5M+0.6%	$3.5M+8.5%	$3.2M
Investing Cash Flow	-$9.8M+8.4%	-$10.7M-83.8%	-$5.8M-54.4%	-$3.8M+93.8%	-$61.0M-365.1%	-$13.1M-2227.5%	-$564K+89.1%	-$5.2M+66.8%	-$15.6M-1053.5%	$1.6M-85.5%	$11.3M
Financing Cash Flow	-$18.3M-31.9%	-$13.9M-161.3%	$22.7M+342.7%	-$9.3M-150.3%	$18.6M-20.4%	$23.4M+1627.1%	-$1.5M-160.6%	-$587K-103.8%	$15.3M+928.2%	$1.5M+123.4%	-$6.4M
Dividends Paid	$11.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K	Q1'2510-Q	Q4'2420-F	Q3'246-K	Q2'246-K	Q1'2410-Q
Operating Cash Flow	$7.6M-27.2%	$10.4M-53.1%	$8.0M-42.6%	-$513K-150.3%	$10.4M+135.8%	$22.2M+2311.8%	$14.0M+668.0%	$1.0M+135.8%
Depreciation & Amortization	$3.8M-7.3%	$3.8M+16.0%	$3.7M+16.0%	$3.6M+11.6%	$4.1M+27.8%	$3.2M+2.0%	$3.2M+0.8%	$3.2M+3.7%
Investing Cash Flow	-$2.8M+5.1%	-$3.6M-69.0%	-$2.0M+33.1%	-$1.5M+45.6%	-$2.9M-48.2%	-$2.1M-22.8%	-$3.0M-187.1%	-$2.7M-145.4%
Financing Cash Flow	-$1.2M-66.5%	-$754K+84.2%	-$16.1M-501.9%	-$293K+94.9%	-$708K-695.0%	-$4.8M-115.3%	-$2.7M+54.3%	-$5.7M-99.2%
Dividends Paid	$0	$0	$11.5M	N/A	N/A	N/A	N/A	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Share Buybacks.

KMDA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KMDA quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Net Margin	11.2%+2.2pp	9.0%+3.2pp	5.8%+7.6pp	-1.8%+0.4pp	-2.1%-15.0pp	12.9%-4.6pp	17.5%-2.0pp	19.5%+12.8pp	6.7%+15.4pp	-8.7%+7.4pp	-16.1%
Return on Equity	7.5%+1.9pp	5.6%+2.2pp	3.4%+4.7pp	-1.3%-0.1pp	-1.3%-10.8pp	9.6%-6.8pp	16.4%-3.4pp	19.8%+12.1pp	7.7%+17.8pp	-10.1%+5.5pp	-15.5%
Return on Assets	5.3%+1.4pp	3.9%+1.6pp	2.3%+3.0pp	-0.7%0.0pp	-0.7%-8.8pp	8.1%-4.7pp	12.8%-3.3pp	16.1%+10.5pp	5.7%+12.4pp	-6.8%	N/A
Current Ratio	4.07+0.3x	3.73+0.3x	3.43+1.6x	1.84-0.6x	2.41-4.7x	7.13+2.7x	4.38-0.3x	4.70+1.4x	3.30+0.5x	2.83	N/A
Debt-to-Equity	0.040.0x	0.040.0x	0.03-0.8x	0.83+0.8x	0.02-0.2x	0.18-0.1x	0.28+0.1x	0.23-0.1x	0.36-0.1x	0.49	N/A
Asset Turnover	0.480.0x	0.430.0x	0.400.0x	0.40+0.1x	0.33-0.3x	0.63-0.1x	0.73-0.1x	0.830.0x	0.84+0.1x	0.78	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K	Q1'2510-Q	Q4'2420-F	Q3'246-K	Q2'246-K	Q1'2410-Q
Net Margin	8.0%-1.8pp	11.3%+2.0pp	16.5%+6.1pp	9.0%+2.7pp	9.8%+4.9pp	9.3%+0.7pp	10.4%+5.6pp	6.3%+12.2pp
Return on Equity	1.3%-0.1pp	2.0%+0.5pp	2.8%+1.1pp	1.6%+0.6pp	1.5%-0.6pp	1.5%+0.2pp	1.8%+1.8pp	0.9%+0.9pp
Return on Assets	0.9%-0.1pp	1.4%+0.3pp	2.0%+0.7pp	1.1%+0.4pp	1.0%-0.4pp	1.1%+0.1pp	1.3%+0.7pp	0.7%+1.3pp
Current Ratio	4.07+0.3x	4.03-0.8x	4.00-0.1x	3.30-0.9x	3.73+0.3x	4.84+0.7x	4.07+2.1x	4.25+2.3x
Debt-to-Equity	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.030.0x	0.030.0x
Asset Turnover	0.120.0x	0.120.0x	0.120.0x	0.120.0x	0.10-0.2x	0.120.0x	0.120.0x	0.110.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Kamada Ltd KMDA	FY2025	$180.5M	$20.2M	11.2%	$461.7M	—
Eton Pharmaceutcials, Inc. ETON	FY2025	$80.0M	-$4.6M	-5.8%	$1.6B	51/100
Emergent Biosolutions, Inc. EBS	FY2025	$742.9M	$52.6M	7.1%	$324.6M	36/100
Evolus, Inc. EOLS	FY2025	$297.2M	-$51.6M	-17.4%	$471.6M	34/100
Canopy Growth Corporation CGC	FY2026	N/A	-$189.0M	N/A	$370.3M	—
Aquestive Therapeutics, Inc. AQST	FY2025	$44.5M	-$83.8M	N/A	$571.1M	35/100

Where Kamada Ltd Ranks

Frequently Asked Questions

What is Kamada Ltd's annual revenue?

Kamada Ltd (KMDA) reported $180.5M in total revenue for fiscal year 2025. This represents a 12.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Kamada Ltd's revenue growing?

Kamada Ltd (KMDA) revenue grew by 12.1% year-over-year, from $161.0M to $180.5M in fiscal year 2025.

Is Kamada Ltd profitable?

Yes, Kamada Ltd (KMDA) reported a net income of $20.2M in fiscal year 2025, with a net profit margin of 11.2%.

How much debt does Kamada Ltd have?

As of fiscal year 2025, Kamada Ltd (KMDA) had $75.5M in cash and equivalents against $9.4M in long-term debt.

What is Kamada Ltd's net profit margin?

Kamada Ltd (KMDA) had a net profit margin of 11.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Kamada Ltd's return on equity (ROE)?

Kamada Ltd (KMDA) has a return on equity of 7.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Kamada Ltd's operating cash flow?

Kamada Ltd (KMDA) generated $25.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Kamada Ltd's total assets?

Kamada Ltd (KMDA) had $378.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Kamada Ltd have outstanding?

Kamada Ltd (KMDA) had 58M shares outstanding as of fiscal year 2025.

What is Kamada Ltd's current ratio?

Kamada Ltd (KMDA) had a current ratio of 4.07 as of fiscal year 2025, which is generally considered healthy.

What is Kamada Ltd's debt-to-equity ratio?

Kamada Ltd (KMDA) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Kamada Ltd's return on assets (ROA)?

Kamada Ltd (KMDA) had a return on assets of 5.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Kamada Ltd's P/E ratio?

Kamada Ltd (KMDA) trades at 22.9x earnings, its market capitalization divided by net income of $20.2M net income, FY2025. The market capitalization is $461.7M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Kamada Ltd's price-to-sales ratio?

Kamada Ltd (KMDA) trades at 2.6x sales, its market capitalization divided by revenue of $180.5M revenue, FY2025. The market capitalization is $461.7M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Kamada Ltd's Piotroski F-Score?

Kamada Ltd (KMDA) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Kamada Ltd's earnings high quality?

Kamada Ltd (KMDA) has an earnings quality ratio of 1.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.