Kraken Robotics Balance Sheet Health
Financial Health criteria checks 4/6
Kraken Robotics has a total shareholder equity of CA$58.9M and total debt of CA$16.5M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CA$101.2M and CA$42.3M respectively. Kraken Robotics's EBIT is CA$13.4M making its interest coverage ratio 6.9. It has cash and short-term investments of CA$14.9M.
Key information
28.0%
Debt to equity ratio
CA$16.52m
Debt
| Interest coverage ratio | 6.9x |
| Cash | CA$14.94m |
| Equity | CA$58.91m |
| Total liabilities | CA$42.26m |
| Total assets | CA$101.17m |
Recent financial health updates
Recent updates
Kraken Robotics Inc.'s (CVE:PNG) 47% Jump Shows Its Popularity With Investors
Nov 10
Is Now The Time To Look At Buying Kraken Robotics Inc. (CVE:PNG)?
Sep 14An Intrinsic Calculation For Kraken Robotics Inc. (CVE:PNG) Suggests It's 37% Undervalued
Aug 28Kraken Robotics Inc. (CVE:PNG) Doing What It Can To Lift Shares
Aug 13Kraken Robotics Inc.'s (CVE:PNG) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 01Kraken Robotics' (CVE:PNG) Returns On Capital Are Heading Higher
Jan 13Kraken Robotics (CVE:PNG) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Dec 04Investors Still Aren't Entirely Convinced By Kraken Robotics Inc.'s (CVE:PNG) Revenues Despite 26% Price Jump
Oct 26Kraken Robotics (CVE:PNG) Has A Pretty Healthy Balance Sheet
Oct 06Returns Are Gaining Momentum At Kraken Robotics (CVE:PNG)
Mar 14News Flash: Analysts Just Made A Captivating Upgrade To Their Kraken Robotics Inc. (CVE:PNG) Forecasts
Dec 09Analysts Are Upgrading Kraken Robotics Inc. (CVE:PNG) After Its Latest Results
Dec 02Financial Position Analysis
Short Term Liabilities: PNG's short term assets (CA$67.6M) exceed its short term liabilities (CA$24.4M).
Long Term Liabilities: PNG's short term assets (CA$67.6M) exceed its long term liabilities (CA$17.9M).
Debt to Equity History and Analysis
Debt Level: PNG's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: PNG's debt to equity ratio has increased from 3.5% to 28% over the past 5 years.
Debt Coverage: PNG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PNG's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kraken Robotics Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gabriel Leung | Beacon Securities Limited |
| Douglas Taylor | Canaccord Genuity |
| Nicholas Boychuk | Cormark Securities Inc. |