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Kraken Energy (Kraken Energy) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Kraken Energy Debt-to-Equity?

Kraken Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Kraken Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Kraken Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $18.28 Mil. Kraken Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Kraken Energy's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Kraken Energy was 0.06. The lowest was -0.04. And the median was 0.03.

UUSAF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Kraken Energy Debt-to-Equity Historical Data

The historical data trend for Kraken Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kraken Energy Debt-to-Equity Chart

Kraken Energy Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
- 0.05 - - -

Kraken Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Kraken Energy's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Kraken Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kraken Energy's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kraken Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kraken Energy's Debt-to-Equity falls into.



Kraken Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kraken Energy's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Kraken Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kraken Energy  (OTCPK:UUSAF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Kraken Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kraken Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kraken Energy (Kraken Energy) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 907, Vancouver, BC, CAN, V6E 2Y3
Kraken Energy Corp is a resource exploration company acquiring and exploring mineral properties. The company project portfolio includes Harts Point, Garfield Hills, Apex Uranium Mine, and Huber Hills. Its geographical segment comprises Canada and the USA.

Kraken Energy (Kraken Energy) Headlines