Kraken Energy Balance Sheet Health
Financial Health criteria checks 4/6
Kraken Energy has a total shareholder equity of CA$24.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.4M and CA$906.1K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$3.03m |
Equity | CA$24.52m |
Total liabilities | CA$906.13k |
Total assets | CA$25.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UUSA's short term assets (CA$3.7M) exceed its short term liabilities (CA$906.1K).
Long Term Liabilities: UUSA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UUSA is debt free.
Reducing Debt: UUSA has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UUSA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UUSA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 76.6% each year