Shares for Kraken Robotics Inc. (TSX-V:$PNG , OTC:$KRKNF) are have been rising for the last five sessions, with the stock rising 3.13% in that time period.
To delve further into how the company is doing, fundamental analysis will be useful. Fundamental analysis looks into market, industry, and stock conditions to see whether shares are correctly valued. Currently, Kraken Robotics has an annual EPS of -0.02. The EPS reveals how profitable a company is on a share-owner basis by dividing the total net income by shares outstanding.
It is also important to look at the Return on Equity, or ROE. Kraken Robotics’ ROE is sitting at -335.31. ROE measures the profits generated from the investments received from shareholders, revealing how effective the company is at turning shareholder investment into company profits. Having a high ROE usually means the company is doing well, whereas investors in a company with a lower ROE may want to look into why that is.
Return on Invested Capital, or ROIC, is calculated by dividing Net Income – Dividends by Total Capital Invested. ROIC also measures how effective the company is at using invested capital to generate income. A high ROIC reflects well on company management, with a low ROIC being less desirable. Currently, Kraken Robotics has an ROIC of -335.31.
Their current ROA, Return on Assets, is sitting at -98.53. ROA is a profitability ratio measuring net income that is generated from total company assets during any given period. It shows how quickly a company can turn its assets into profits by dividing the total net income by the average total assets. If the ROA is higher compared to that of companies in the same industry, this usually means that the company is able to effectively generate profits from their assets, meaning the lower the ROA, the lower that company’s profitability in assets is compared to other competing companies.
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