Kraken Robotics Balance Sheet Health
Financial Health criteria checks 4/6
Kraken Robotics has a total shareholder equity of CA$29.4M and total debt of CA$8.6M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CA$70.5M and CA$41.1M respectively. Kraken Robotics's EBIT is CA$2.9M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$791.0K.
Key information
29.2%
Debt to equity ratio
CA$8.58m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$791.00k |
| Equity | CA$29.39m |
| Total liabilities | CA$41.12m |
| Total assets | CA$70.51m |
Recent financial health updates
Recent updates
Kraken Robotics Inc.'s (CVE:PNG) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 01
Kraken 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 02Increases to CEO Compensation Might Be Put On Hold For Now at Kraken Robotics Inc. (CVE:PNG)
Jun 17Is Kraken Robotics Inc. (CVE:PNG) Trading At A 31% Discount?
May 29Analysts Are Optimistic We'll See A Profit From Kraken Robotics Inc. (CVE:PNG)
Feb 19Here's What We Learned About The CEO Pay At Kraken Robotics Inc. (CVE:PNG)
Dec 28Did Business Growth Power Kraken Robotics' (CVE:PNG) Share Price Gain of 281%?
Nov 23If You Had Bought Kraken Robotics (CVE:PNG) Stock Three Years Ago, You Could Pocket A 209% Gain Today
Jul 29
Financial Position Analysis
Short Term Liabilities: PNG's short term assets (CA$40.4M) exceed its short term liabilities (CA$37.6M).
Long Term Liabilities: PNG's short term assets (CA$40.4M) exceed its long term liabilities (CA$3.6M).
Debt to Equity History and Analysis
Debt Level: PNG's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: PNG's debt to equity ratio has increased from 26.3% to 29.2% over the past 5 years.
Debt Coverage: PNG's debt is well covered by operating cash flow (114.3%).
Interest Coverage: PNG's interest payments on its debt are not well covered by EBIT (1.7x coverage).