Kraken Robotics Balance Sheet Health
Financial Health criteria checks 5/6
Kraken Robotics has a total shareholder equity of CA$32.1M and total debt of CA$11.6M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are CA$76.4M and CA$44.4M respectively. Kraken Robotics's EBIT is CA$8.8M making its interest coverage ratio 5.9. It has cash and short-term investments of CA$5.2M.
Key information
36.1%
Debt to equity ratio
CA$11.57m
Debt
Interest coverage ratio | 5.9x |
Cash | CA$5.17m |
Equity | CA$32.06m |
Total liabilities | CA$44.36m |
Total assets | CA$76.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRKN.F's short term assets (CA$44.1M) exceed its short term liabilities (CA$40.5M).
Long Term Liabilities: KRKN.F's short term assets (CA$44.1M) exceed its long term liabilities (CA$3.9M).
Debt to Equity History and Analysis
Debt Level: KRKN.F's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: KRKN.F's debt to equity ratio has increased from 4.7% to 36.1% over the past 5 years.
Debt Coverage: KRKN.F's debt is well covered by operating cash flow (72.9%).
Interest Coverage: KRKN.F's interest payments on its debt are well covered by EBIT (5.9x coverage).