Kraken Non Current Liabilities Total vs Net Receivables Analysis

PNG Stock  CAD 2.33  0.06  2.64%   
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 Non Current Liabilities Total and its Net Receivables 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.

Non Current Liabilities Total vs Net Receivables

Non Current Liabilities Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kraken Robotics Non Current Liabilities Total account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kraken Robotics' Non Current Liabilities Total and Net Receivables is 0.5. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Receivables 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' Non Current Liabilities Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Kraken Robotics are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Liabilities Total i.e., Kraken Robotics' Non Current Liabilities Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Net Receivables

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 Revenue25.6M40.9M69.6M73.1M
Depreciation And Amortization2.9M4.8M4.9M5.2M

Kraken Robotics fundamental ratios Correlations

0.990.990.7-0.920.970.640.60.950.70.970.611.00.990.370.910.99-0.140.930.990.980.980.920.930.830.99
0.990.960.71-0.880.970.580.560.980.630.960.550.990.980.30.880.97-0.210.890.990.950.990.960.970.780.96
0.990.960.64-0.910.960.650.60.930.670.960.610.970.990.360.910.97-0.070.950.981.00.970.880.890.790.99
0.70.710.64-0.490.720.010.00.740.590.540.270.730.61-0.210.50.79-0.410.420.760.660.760.790.790.730.6
-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
0.970.970.960.72-0.840.480.480.980.60.940.530.960.960.180.880.95-0.190.870.980.970.990.920.940.740.94
0.640.580.650.01-0.810.480.950.440.610.70.70.630.680.930.690.580.130.810.550.620.510.420.420.580.72
0.60.560.60.0-0.80.480.950.410.670.660.770.60.640.90.70.540.090.760.520.580.480.370.380.60.68
0.950.980.930.74-0.810.980.440.410.50.930.440.950.950.120.840.93-0.170.830.960.930.980.970.970.690.91
0.70.630.670.59-0.780.60.610.670.50.580.840.710.650.540.70.75-0.130.650.670.690.610.520.520.920.71
0.970.960.960.54-0.90.940.70.660.930.580.560.950.990.430.890.92-0.150.950.950.960.950.880.890.690.96
0.610.550.610.27-0.840.530.70.770.440.840.560.610.620.630.830.590.250.710.550.620.50.370.370.740.69
1.00.990.970.73-0.910.960.630.60.950.710.950.610.980.360.890.99-0.190.910.990.960.980.940.950.840.97
0.990.980.990.61-0.930.960.680.640.950.650.990.620.980.40.930.96-0.090.960.970.980.970.90.910.770.99
0.370.30.36-0.21-0.60.180.930.90.120.540.430.630.360.40.450.310.110.570.270.340.220.130.130.410.45
0.910.880.910.5-0.970.880.690.70.840.70.890.830.890.930.450.860.150.940.870.920.850.760.760.770.95
0.990.970.970.79-0.880.950.580.540.930.750.920.590.990.960.310.86-0.210.870.990.960.980.930.940.880.95
-0.14-0.21-0.07-0.41-0.12-0.190.130.09-0.17-0.13-0.150.25-0.19-0.090.110.15-0.210.09-0.22-0.09-0.24-0.28-0.32-0.080.0
0.930.890.950.42-0.960.870.810.760.830.650.950.710.910.960.570.940.870.090.880.940.870.760.770.720.97
0.990.990.980.76-0.870.980.550.520.960.670.950.550.990.970.270.870.99-0.220.880.981.00.940.960.810.96
0.980.951.00.66-0.910.970.620.580.930.690.960.620.960.980.340.920.96-0.090.940.980.970.870.880.80.98
0.980.990.970.76-0.840.990.510.480.980.610.950.50.980.970.220.850.98-0.240.871.00.970.960.970.770.95
0.920.960.880.79-0.760.920.420.370.970.520.880.370.940.90.130.760.93-0.280.760.940.870.961.00.720.86
0.930.970.890.79-0.760.940.420.380.970.520.890.370.950.910.130.760.94-0.320.770.960.880.971.00.710.87
0.830.780.790.73-0.830.740.580.60.690.920.690.740.840.770.410.770.88-0.080.720.810.80.770.720.710.81
0.990.960.990.6-0.960.940.720.680.910.710.960.690.970.990.450.950.950.00.970.960.980.950.860.870.81
Click cells to compare fundamentals

Kraken Robotics Account Relationship Matchups

Kraken Robotics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1M34.8M65.5M71.4M76.4M80.2M
Total Current Liabilities6.3M14.7M25.4M39.9M40.5M42.5M
Total Stockholder Equity9.7M16.0M27.6M23.7M32.1M33.7M
Net Debt(166.2K)(7.9M)8.5M8M6.4M6.7M
Retained Earnings(14.8M)(20.3M)(23.1M)(27.3M)(21.8M)(20.7M)
Accounts Payable3.6M4.7M10.7M11.2M17.2M18.0M
Cash2.1M12.9M6.8M8.3M5.2M2.9M
Cash And Short Term Investments2.1M12.9M6.8M8.3M5.2M3.1M
Net Receivables5.1M3.2M8.9M16.6M20.4M21.5M
Liabilities And Stockholders Equity18.1M34.8M65.5M71.4M77.7M81.6M
Non Current Liabilities Total2.2M4.1M12.5M7.8M3.9M2.8M
Other Current Assets431.5K1.4M1.1M1.6M1.9M2.0M
Other Stockholder Equity2.2M2.5M3.2M2.7M1.7M1.5M
Total Liab8.4M18.8M37.9M47.7M44.4M46.6M
Total Current Assets13.5M25.6M31.7M37.8M44.1M46.3M
Other Current Liab4.9K8.8M3.9M4.5M148K140.6K
Common Stock Shares Outstanding147.1M151.9M182.5M201.2M206.5M216.8M
Accumulated Other Comprehensive Income(363.0K)(119.6K)85.1K(552K)(510K)(484.5K)
Non Current Assets Total4.6M9.2M33.7M33.5M32.3M34.0M
Non Currrent Assets Other4.6M1.1M288.0K23K(1.0K)(950.95)
Net Tangible Assets5.5M8.2M14.6M12.8M14.8M15.5M
Property Plant And Equipment Net3.2M6.7M18.7M19.3M22.9M24.1M
Inventory5.9M8.1M15.0M11.4M16.5M17.3M
Property Plant And Equipment Gross4.0M8.1M22.2M26.1M33.2M34.8M
Intangible Assets1.1M1.0M7.5M6.0M4.5M2.5M
Common Stock22.6M33.9M47.4M48.8M52.7M55.3M
Property Plant Equipment3.2M6.7M18.7M19.3M22.9M24.1M
Current Deferred Revenue2.4M8.8M4.6M11.8M10.8M5.8M
Short Long Term Debt Total1.9M5.0M15.3M16.3M16.2M17.0M
Net Invested Capital10.1M17.4M38.3M36.0M43.6M24.3M
Net Working Capital7.2M10.9M6.4M(2.0M)3.6M3.4M
Long Term Debt392.4K646.5K5.5M938K1.1M1.6M
Good Will347.4K372.9K7.3M7.3M4.5M3.7M
Capital Stock22.6M33.9M47.4M48.8M52.7M41.0M

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.