Kraken Energy Balance Sheet Health
Financial Health criteria checks 4/6
Kraken Energy has a total shareholder equity of CA$24.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$24.2M and CA$120.8K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.48m |
| Equity | CA$24.05m |
| Total liabilities | CA$120.77k |
| Total assets | CA$24.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F2C's short term assets (CA$1.6M) exceed its short term liabilities (CA$120.8K).
Long Term Liabilities: F2C has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: F2C is debt free.
Reducing Debt: F2C 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: F2C has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: F2C has less than a year of cash runway if free cash flow continues to reduce at historical rates of 63.1% each year