Kraken Average Payables vs Pb Ratio Analysis

PNG Stock

CAD 2.78 0.02 0.71%

Kraken Robotics financial indicator trend analysis is infinitely more than just investigating Kraken Robotics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kraken Robotics is a good investment. Please check the relationship between Kraken Robotics Average Payables and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Kraken Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Average Payables vs Pb Ratio

Average Payables vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kraken Robotics Average Payables account and Pb Ratio. At this time, the significance of the direction appears to have very week relationship.

The correlation between Kraken Robotics' Average Payables and Pb Ratio is 0.29. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Kraken Robotics, assuming nothing else is changed. The correlation between historical values of Kraken Robotics' Average Payables and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Kraken Robotics are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Average Payables i.e., Kraken Robotics' Average Payables and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Pb Ratio

Most indicators from Kraken Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kraken Robotics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Kraken Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Kraken Robotics' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 814.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	25.6M	40.9M	69.6M	73.1M
Depreciation And Amortization	2.9M	4.8M	4.9M	5.2M

Total Revenue Depreciation And Amortization

Kraken Robotics fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Common Stock Shares Outstanding	Non Current Assets Total	Non Currrent Assets Other	Net Tangible Assets	Property Plant And Equipment Net	Inventory	Property Plant And Equipment Gross	Short Long Term Debt	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.99	0.99	0.7	-0.92	0.97	0.64	0.6	0.95	0.7	0.97	0.61	1.0	0.99	0.37	0.91	0.99	-0.14	0.93	0.99	0.98	0.98	0.92	0.93	0.83	0.99
Total Current Liabilities	0.99		0.96	0.71	-0.88	0.97	0.58	0.56	0.98	0.63	0.96	0.55	0.99	0.98	0.3	0.88	0.97	-0.21	0.89	0.99	0.95	0.99	0.96	0.97	0.78	0.96
Total Stockholder Equity	0.99	0.96		0.64	-0.91	0.96	0.65	0.6	0.93	0.67	0.96	0.61	0.97	0.99	0.36	0.91	0.97	-0.07	0.95	0.98	1.0	0.97	0.88	0.89	0.79	0.99
Net Debt	0.7	0.71	0.64		-0.49	0.72	0.01	0.0	0.74	0.59	0.54	0.27	0.73	0.61	-0.21	0.5	0.79	-0.41	0.42	0.76	0.66	0.76	0.79	0.79	0.73	0.6
Retained Earnings	-0.92	-0.88	-0.91	-0.49		-0.84	-0.81	-0.8	-0.81	-0.78	-0.9	-0.84	-0.91	-0.93	-0.6	-0.97	-0.88	-0.12	-0.96	-0.87	-0.91	-0.84	-0.76	-0.76	-0.83	-0.96
Accounts Payable	0.97	0.97	0.96	0.72	-0.84		0.48	0.48	0.98	0.6	0.94	0.53	0.96	0.96	0.18	0.88	0.95	-0.19	0.87	0.98	0.97	0.99	0.92	0.94	0.74	0.94
Cash	0.64	0.58	0.65	0.01	-0.81	0.48		0.95	0.44	0.61	0.7	0.7	0.63	0.68	0.93	0.69	0.58	0.13	0.81	0.55	0.62	0.51	0.42	0.42	0.58	0.72
Cash And Short Term Investments	0.6	0.56	0.6	0.0	-0.8	0.48	0.95		0.41	0.67	0.66	0.77	0.6	0.64	0.9	0.7	0.54	0.09	0.76	0.52	0.58	0.48	0.37	0.38	0.6	0.68
Net Receivables	0.95	0.98	0.93	0.74	-0.81	0.98	0.44	0.41		0.5	0.93	0.44	0.95	0.95	0.12	0.84	0.93	-0.17	0.83	0.96	0.93	0.98	0.97	0.97	0.69	0.91
Non Current Liabilities Total	0.7	0.63	0.67	0.59	-0.78	0.6	0.61	0.67	0.5		0.58	0.84	0.71	0.65	0.54	0.7	0.75	-0.13	0.65	0.67	0.69	0.61	0.52	0.52	0.92	0.71
Other Current Assets	0.97	0.96	0.96	0.54	-0.9	0.94	0.7	0.66	0.93	0.58		0.56	0.95	0.99	0.43	0.89	0.92	-0.15	0.95	0.95	0.96	0.95	0.88	0.89	0.69	0.96
Other Stockholder Equity	0.61	0.55	0.61	0.27	-0.84	0.53	0.7	0.77	0.44	0.84	0.56		0.61	0.62	0.63	0.83	0.59	0.25	0.71	0.55	0.62	0.5	0.37	0.37	0.74	0.69
Total Liab	1.0	0.99	0.97	0.73	-0.91	0.96	0.63	0.6	0.95	0.71	0.95	0.61		0.98	0.36	0.89	0.99	-0.19	0.91	0.99	0.96	0.98	0.94	0.95	0.84	0.97
Total Current Assets	0.99	0.98	0.99	0.61	-0.93	0.96	0.68	0.64	0.95	0.65	0.99	0.62	0.98		0.4	0.93	0.96	-0.09	0.96	0.97	0.98	0.97	0.9	0.91	0.77	0.99
Other Current Liab	0.37	0.3	0.36	-0.21	-0.6	0.18	0.93	0.9	0.12	0.54	0.43	0.63	0.36	0.4		0.45	0.31	0.11	0.57	0.27	0.34	0.22	0.13	0.13	0.41	0.45
Common Stock Shares Outstanding	0.91	0.88	0.91	0.5	-0.97	0.88	0.69	0.7	0.84	0.7	0.89	0.83	0.89	0.93	0.45		0.86	0.15	0.94	0.87	0.92	0.85	0.76	0.76	0.77	0.95
Non Current Assets Total	0.99	0.97	0.97	0.79	-0.88	0.95	0.58	0.54	0.93	0.75	0.92	0.59	0.99	0.96	0.31	0.86		-0.21	0.87	0.99	0.96	0.98	0.93	0.94	0.88	0.95
Non Currrent Assets Other	-0.14	-0.21	-0.07	-0.41	-0.12	-0.19	0.13	0.09	-0.17	-0.13	-0.15	0.25	-0.19	-0.09	0.11	0.15	-0.21		0.09	-0.22	-0.09	-0.24	-0.28	-0.32	-0.08	0.0
Net Tangible Assets	0.93	0.89	0.95	0.42	-0.96	0.87	0.81	0.76	0.83	0.65	0.95	0.71	0.91	0.96	0.57	0.94	0.87	0.09		0.88	0.94	0.87	0.76	0.77	0.72	0.97
Property Plant And Equipment Net	0.99	0.99	0.98	0.76	-0.87	0.98	0.55	0.52	0.96	0.67	0.95	0.55	0.99	0.97	0.27	0.87	0.99	-0.22	0.88		0.98	1.0	0.94	0.96	0.81	0.96
Inventory	0.98	0.95	1.0	0.66	-0.91	0.97	0.62	0.58	0.93	0.69	0.96	0.62	0.96	0.98	0.34	0.92	0.96	-0.09	0.94	0.98		0.97	0.87	0.88	0.8	0.98
Property Plant And Equipment Gross	0.98	0.99	0.97	0.76	-0.84	0.99	0.51	0.48	0.98	0.61	0.95	0.5	0.98	0.97	0.22	0.85	0.98	-0.24	0.87	1.0	0.97		0.96	0.97	0.77	0.95
Short Long Term Debt	0.92	0.96	0.88	0.79	-0.76	0.92	0.42	0.37	0.97	0.52	0.88	0.37	0.94	0.9	0.13	0.76	0.93	-0.28	0.76	0.94	0.87	0.96		1.0	0.72	0.86
Short Term Debt	0.93	0.97	0.89	0.79	-0.76	0.94	0.42	0.38	0.97	0.52	0.89	0.37	0.95	0.91	0.13	0.76	0.94	-0.32	0.77	0.96	0.88	0.97	1.0		0.71	0.87
Intangible Assets	0.83	0.78	0.79	0.73	-0.83	0.74	0.58	0.6	0.69	0.92	0.69	0.74	0.84	0.77	0.41	0.77	0.88	-0.08	0.72	0.81	0.8	0.77	0.72	0.71		0.81
Common Stock	0.99	0.96	0.99	0.6	-0.96	0.94	0.72	0.68	0.91	0.71	0.96	0.69	0.97	0.99	0.45	0.95	0.95	0.0	0.97	0.96	0.98	0.95	0.86	0.87	0.81

Click cells to compare fundamentals

Kraken Robotics Account Relationship Matchups

Kraken Robotics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.1M	34.8M	65.5M	71.4M	76.4M	80.2M
Total Current Liabilities	6.3M	14.7M	25.4M	39.9M	40.5M	42.5M
Total Stockholder Equity	9.7M	16.0M	27.6M	23.7M	32.1M	33.7M
Net Debt	(166.2K)	(7.9M)	8.5M	8M	6.4M	6.7M
Retained Earnings	(14.8M)	(20.3M)	(23.1M)	(27.3M)	(21.8M)	(20.7M)
Accounts Payable	3.6M	4.7M	10.7M	11.2M	17.2M	18.0M
Cash	2.1M	12.9M	6.8M	8.3M	5.2M	2.9M
Cash And Short Term Investments	2.1M	12.9M	6.8M	8.3M	5.2M	3.1M
Net Receivables	5.1M	3.2M	8.9M	16.6M	20.4M	21.5M
Liabilities And Stockholders Equity	18.1M	34.8M	65.5M	71.4M	77.7M	81.6M
Non Current Liabilities Total	2.2M	4.1M	12.5M	7.8M	3.9M	2.8M
Other Current Assets	431.5K	1.4M	1.1M	1.6M	1.9M	2.0M
Other Stockholder Equity	2.2M	2.5M	3.2M	2.7M	1.7M	1.5M
Total Liab	8.4M	18.8M	37.9M	47.7M	44.4M	46.6M
Total Current Assets	13.5M	25.6M	31.7M	37.8M	44.1M	46.3M
Other Current Liab	4.9K	8.8M	3.9M	4.5M	148K	140.6K
Common Stock Shares Outstanding	147.1M	151.9M	182.5M	201.2M	206.5M	216.8M
Accumulated Other Comprehensive Income	(363.0K)	(119.6K)	85.1K	(552K)	(510K)	(484.5K)
Non Current Assets Total	4.6M	9.2M	33.7M	33.5M	32.3M	34.0M
Non Currrent Assets Other	4.6M	1.1M	288.0K	23K	(1.0K)	(950.95)
Net Tangible Assets	5.5M	8.2M	14.6M	12.8M	14.8M	15.5M
Property Plant And Equipment Net	3.2M	6.7M	18.7M	19.3M	22.9M	24.1M
Inventory	5.9M	8.1M	15.0M	11.4M	16.5M	17.3M
Property Plant And Equipment Gross	4.0M	8.1M	22.2M	26.1M	33.2M	34.8M
Intangible Assets	1.1M	1.0M	7.5M	6.0M	4.5M	2.5M
Common Stock	22.6M	33.9M	47.4M	48.8M	52.7M	55.3M
Property Plant Equipment	3.2M	6.7M	18.7M	19.3M	22.9M	24.1M
Current Deferred Revenue	2.4M	8.8M	4.6M	11.8M	10.8M	5.8M
Short Long Term Debt Total	1.9M	5.0M	15.3M	16.3M	16.2M	17.0M
Net Invested Capital	10.1M	17.4M	38.3M	36.0M	43.6M	24.3M
Net Working Capital	7.2M	10.9M	6.4M	(2.0M)	3.6M	3.4M
Long Term Debt	392.4K	646.5K	5.5M	938K	1.1M	1.6M
Good Will	347.4K	372.9K	7.3M	7.3M	4.5M	3.7M
Capital Stock	22.6M	33.9M	47.4M	48.8M	52.7M	41.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC