Kraken Robotics Stock Current Ratio
| PNG Stock | CAD 2.70 0.08 2.88% |
Kraken Robotics fundamentals help investors to digest information that contributes to Kraken Robotics' financial success or failures. It also enables traders to predict the movement of Kraken Stock. The fundamental analysis module provides a way to measure Kraken Robotics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kraken Robotics stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.09 | 1.03 |
Kraken | Current Ratio |
Kraken Robotics Company Current Ratio Analysis
Kraken Robotics' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Kraken Robotics Current Ratio | 1.34 X |
Most of Kraken Robotics' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kraken Robotics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kraken Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Kraken Robotics is extremely important. It helps to project a fair market value of Kraken Stock properly, considering its historical fundamentals such as Current Ratio. Since Kraken Robotics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Kraken Robotics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Kraken Robotics' interrelated accounts and indicators.
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Kraken Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Kraken Robotics has a Current Ratio of 1.34 times. This is 52.65% lower than that of the Electronic Equipment, Instruments & Components sector and 66.08% lower than that of the Information Technology industry. The current ratio for all Canada stocks is 37.96% higher than that of the company.
Kraken Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kraken Robotics' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kraken Robotics could also be used in its relative valuation, which is a method of valuing Kraken Robotics by comparing valuation metrics of similar companies.Kraken Robotics is currently under evaluation in current ratio category among its peers.
Kraken Robotics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kraken Robotics from analyzing Kraken Robotics' financial statements. These drivers represent accounts that assess Kraken Robotics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kraken Robotics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 41.0M | 88.3M | 86.6M | 114.7M | 133.9M | 140.6M | |
| Enterprise Value | 36.4M | 88.1M | 78.7M | 122.7M | 144.9M | 152.2M |
Kraken Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 735.18 M | ||||
| Shares Outstanding | 262.55 M | ||||
| Shares Owned By Insiders | 8.87 % | ||||
| Shares Owned By Institutions | 10.09 % | ||||
| Number Of Shares Shorted | 679.47 K | ||||
| Price To Earning | (6.85) X | ||||
| Price To Book | 12.39 X | ||||
| Price To Sales | 7.94 X | ||||
| Revenue | 69.58 M | ||||
| Gross Profit | 11.32 M | ||||
| EBITDA | 11.56 M | ||||
| Net Income | 5.55 M | ||||
| Cash And Equivalents | 2.11 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 16.2 M | ||||
| Debt To Equity | 0.36 % | ||||
| Current Ratio | 1.34 X | ||||
| Book Value Per Share | 0.15 X | ||||
| Cash Flow From Operations | 7.9 M | ||||
| Short Ratio | 4.63 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 2.92 | ||||
| Number Of Employees | 262 | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 729.89 M | ||||
| Total Asset | 76.42 M | ||||
| Retained Earnings | (21.79 M) | ||||
| Working Capital | 3.61 M | ||||
| Net Asset | 76.42 M |
About Kraken Robotics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kraken Robotics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kraken Robotics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kraken Robotics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Kraken Stock Analysis
When running Kraken Robotics' price analysis, check to measure Kraken Robotics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kraken Robotics is operating at the current time. Most of Kraken Robotics' value examination focuses on studying past and present price action to predict the probability of Kraken Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kraken Robotics' price. Additionally, you may evaluate how the addition of Kraken Robotics to your portfolios can decrease your overall portfolio volatility.