Kraken Robotics

Kraken Robotics Interest Coverage

The Interest Coverage Ratio of Kraken Robotics (PNG.V) as of Nov 4, 2026 is 12.39. In the previous year, Interest Coverage Ratio was 2.70 — a change of 358.34% (higher).

Interest Coverage

12.39

YoY

358.34%

Last updated:

Interest Coverage Ratio of Kraken Robotics is 2024 12.39 . Interest Coverage Ratio of Kraken Robotics was 2023 2.70 . It decreases by 358.34% higher compared to the previous year.

The Kraken Robotics Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-4.93 CAD
Jan 1, 2018
-71.37 CAD
Jan 1, 2019
-13.35 CAD
Jan 1, 2020
-7.01 CAD
Jan 1, 2021
-1.84 CAD
Jan 1, 2022
-0.67 CAD
Jan 1, 2023
2.70 CAD
Jan 1, 2024
12.39 CAD
The Kraken Robotics Interest Coverage history
YEARInterest CoverageYoY
12.39+358.34%
2.70-502.23%
-0.67-63.53%
-1.84-73.71%
-7.01-47.48%
-13.35-81.30%
-71.37+1,346.44%
-4.93-96.14%
-127.94+23.31%
-103.76—

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Kraken Robotics Stock analysis

What does Kraken Robotics do? Kraken Robotics, Inc. generates revenue through its Products and Services segments. The Products segment sells underwater vehicle platforms, synthetic aperture sonar, and subsea power equipment, primarily featuring AquaPix MINSAS sensors, KATFISH systems, and SeaPower subsea battery systems. The Services segment offers robotics as a service (RaaS) solutions, including Sub-Bottom Imager, Acoustic Corer, KATFISH, and SeaVision services for underwater sonar and laser scanner equipment. Clients in the ocean exploration and subsea industries purchase these products and services to address challenges in underwater environments. The company's high-resolution three-dimensional (3D) acoustic imaging solutions are tailored for clients needing detailed underwater mapping and inspection. Products like AquaPix MINSAS sensors and SeaPower systems target commercial and industrial subsea applications, while RaaS services such as Sub-Bottom Imager and SeaVision support operations requiring real-time data collection. These offerings are marketed to clients in sectors requiring advanced underwater technology for exploration and maintenance. Kraken Robotics' revenue streams are driven by direct sales of hardware systems and recurring service contracts. The Products segment focuses on equipment sales, with AquaPix MINSAS sensors, KATFISH systems, and SeaPower batteries as key revenue generators. The Services segment provides ongoing support through RaaS, including Sub-Bottom Imager and SeaVision, which are used by clients for continuous underwater monitoring and data acquisition. Kraken Robotics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Kraken Robotics stock

Interest Coverage Ratio of Kraken Robotics is 12.39 in 2024.

Interest Coverage Ratio of Kraken Robotics changed from 2.70 to 12.39, representing a 358.34% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Kraken Robotics since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Kraken Robotics with sector peers and the industry average to assess whether it is attractive.

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Leverage — Kraken Robotics

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