Kraken Robotics Balance Sheet Health
Financial Health criteria checks 5/6
Kraken Robotics has a total shareholder equity of CA$34.8M and total debt of CA$11.2M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are CA$73.5M and CA$38.7M respectively. Kraken Robotics's EBIT is CA$11.9M making its interest coverage ratio 9.1. It has cash and short-term investments of CA$1.5M.
Key information
32.2%
Debt to equity ratio
CA$11.21m
Debt
Interest coverage ratio | 9.1x |
Cash | CA$1.53m |
Equity | CA$34.79m |
Total liabilities | CA$38.68m |
Total assets | CA$73.47m |
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 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 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 23Financial Position Analysis
Short Term Liabilities: PNG's short term assets (CA$41.7M) exceed its short term liabilities (CA$35.2M).
Long Term Liabilities: PNG's short term assets (CA$41.7M) exceed its long term liabilities (CA$3.5M).
Debt to Equity History and Analysis
Debt Level: PNG's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: PNG's debt to equity ratio has increased from 3.5% to 32.2% over the past 5 years.
Debt Coverage: PNG's debt is well covered by operating cash flow (40%).
Interest Coverage: PNG's interest payments on its debt are well covered by EBIT (9.1x coverage).