Kraken Robotics Inc (PNG) - Net Assets
Based on the latest financial reports, Kraken Robotics Inc (PNG) has net assets worth CA$235.85 Million CAD (≈ $170.61 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$301.54 Million ≈ $218.13 Million USD) and total liabilities (CA$65.69 Million ≈ $47.52 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Kraken Robotics Inc (PNG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$235.85 Million |
| % of Total Assets | 78.21% |
| Annual Growth Rate | 60.67% |
| 5-Year Change | 660.3% |
| 10-Year Change | 12471.99% |
| Growth Volatility | 433.89 |
Kraken Robotics Inc - Net Assets Trend (2008–2024)
This chart illustrates how Kraken Robotics Inc's net assets have evolved over time, based on quarterly financial data. Also explore Kraken Robotics Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kraken Robotics Inc (2008–2024)
The table below shows the annual net assets of Kraken Robotics Inc from 2008 to 2024. For live valuation and market cap data, see Kraken Robotics Inc (PNG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$121.73 Million ≈ $88.06 Million |
+279.72% |
| 2023-12-31 | CA$32.06 Million ≈ $23.19 Million |
+35.53% |
| 2022-12-31 | CA$23.66 Million ≈ $17.11 Million |
-14.30% |
| 2021-12-31 | CA$27.60 Million ≈ $19.97 Million |
+72.39% |
| 2020-12-31 | CA$16.01 Million ≈ $11.58 Million |
+65.69% |
| 2019-12-31 | CA$9.66 Million ≈ $6.99 Million |
+16.46% |
| 2018-12-31 | CA$8.30 Million ≈ $6.00 Million |
+1449.73% |
| 2017-12-31 | CA$535.41K ≈ $387.31K |
-30.67% |
| 2016-12-31 | CA$772.23K ≈ $558.62K |
-20.25% |
| 2015-12-31 | CA$968.30K ≈ $700.46K |
+1051.38% |
| 2014-12-31 | CA$84.10K ≈ $60.84K |
-26.93% |
| 2013-12-31 | CA$115.10K ≈ $83.26K |
-32.81% |
| 2012-12-31 | CA$171.31K ≈ $123.92K |
-21.90% |
| 2011-12-31 | CA$219.33K ≈ $158.66K |
-18.43% |
| 2010-12-31 | CA$268.89K ≈ $194.51K |
+18982.87% |
| 2009-12-31 | CA$-1.42K ≈ $-1.03K |
-102.31% |
| 2008-12-31 | CA$61.73K ≈ $44.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Kraken Robotics Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 165873200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$123.43 Million | 101.39% |
| Total Equity | CA$121.73 Million | 100.00% |
Kraken Robotics Inc Competitors by Market Cap
The table below lists competitors of Kraken Robotics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Furong Technology Co Ltd
SHG:603327
|
$1.65 Billion |
|
Global Partners LP
NYSE:GLP
|
$1.65 Billion |
|
JiangXi Tianxin Pharm Co Ltd
SHG:603235
|
$1.65 Billion |
|
PLUXEE NV
PA:PLX
|
$1.65 Billion |
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.65 Billion |
|
Visionox Technology Inc
SHE:002387
|
$1.65 Billion |
|
Mister Car Wash, Inc. Common Stock
NYSE:MCW
|
$1.65 Billion |
|
Celltrion Pharm Inc
KQ:068760
|
$1.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kraken Robotics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,059,000 to 121,735,000, a change of 89,676,000 (279.7%).
- Net income of 20,089,000 contributed positively to equity growth.
- New share issuances of 67,004,000 increased equity.
- Other comprehensive income increased equity by 510,000.
- Other factors increased equity by 2,073,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$20.09 Million | +16.5% |
| Share Issuances | CA$67.00 Million | +55.04% |
| Other Comprehensive Income | CA$510.00K | +0.42% |
| Other Changes | CA$2.07 Million | +1.7% |
| Total Change | CA$- | 279.72% |
Book Value vs Market Value Analysis
This analysis compares Kraken Robotics Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 16.08x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CA$0.00 | CA$7.45 | x |
| 2011-12-31 | CA$0.09 | CA$7.45 | x |
| 2012-12-31 | CA$0.07 | CA$7.45 | x |
| 2013-12-31 | CA$0.05 | CA$7.45 | x |
| 2014-12-31 | CA$0.04 | CA$7.45 | x |
| 2015-12-31 | CA$0.01 | CA$7.45 | x |
| 2016-12-31 | CA$0.01 | CA$7.45 | x |
| 2017-12-31 | CA$0.01 | CA$7.45 | x |
| 2018-12-31 | CA$0.07 | CA$7.45 | x |
| 2019-12-31 | CA$0.07 | CA$7.45 | x |
| 2020-12-31 | CA$0.11 | CA$7.45 | x |
| 2021-12-31 | CA$0.15 | CA$7.45 | x |
| 2022-12-31 | CA$0.12 | CA$7.45 | x |
| 2023-12-31 | CA$0.16 | CA$7.45 | x |
| 2024-12-31 | CA$0.46 | CA$7.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kraken Robotics Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.01%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.34x
- Recent ROE (16.50%) is above the historical average (-63.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-76.25K |
| 2011 | -22.60% | 0.00% | 0.00x | 1.13x | CA$-71.50K |
| 2012 | -28.03% | 0.00% | 0.00x | 1.22x | CA$-65.15K |
| 2013 | -48.83% | -9.76% | 4.73x | 1.06x | CA$-67.72K |
| 2014 | -36.86% | -1.32% | 24.15x | 1.16x | CA$-39.41K |
| 2015 | -205.76% | -105.23% | 0.93x | 2.11x | CA$-2.09 Million |
| 2016 | -183.91% | -62.62% | 1.04x | 2.83x | CA$-1.50 Million |
| 2017 | -328.02% | -49.70% | 0.67x | 9.82x | CA$-1.81 Million |
| 2018 | -35.81% | -42.52% | 0.48x | 1.76x | CA$-3.65 Million |
| 2019 | -31.08% | -19.83% | 0.84x | 1.87x | CA$-3.97 Million |
| 2020 | -34.57% | -45.09% | 0.35x | 2.17x | CA$-7.14 Million |
| 2021 | -12.81% | -13.80% | 0.39x | 2.37x | CA$-6.30 Million |
| 2022 | -17.94% | -10.37% | 0.57x | 3.02x | CA$-6.61 Million |
| 2023 | 17.30% | 7.97% | 0.91x | 2.38x | CA$2.34 Million |
| 2024 | 16.50% | 22.01% | 0.56x | 1.34x | CA$7.92 Million |
Industry Comparison
This section compares Kraken Robotics Inc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $8,879,467
- Average return on equity (ROE) among peers: -27.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kraken Robotics Inc (PNG) | CA$235.85 Million | 0.00% | 0.28x | $1.65 Billion |
| Eddy Smart Home Solutions Ltd (EDY) | $245.74K | -0.72% | 0.02x | $8.20 Million |
| JEMTEC Inc (JTC) | $2.91 Million | -9.98% | 0.05x | $2.63 Million |
| Nanalysis Scientific Corp (NSCI) | $23.48 Million | -71.48% | 1.29x | $12.04 Million |
About Kraken Robotics Inc
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally. It operates in two segments, Products, and Services. … Read more