Kelt Exploration (2KE) Ratios
Kelt Exploration Ratios
DE:2KE's free cash flow for Q2 2026 was $-32.46M. For the 2026 fiscal year, DE:2KE's free cash flow was decreased by $-137.36M and operating cash flow was $104.90M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.00 | 0.76 | 0.83 | 1.28 | 0.66 |
| Quick Ratio | 1.00 | 0.76 | 0.81 | 1.28 | 0.66 |
| Cash Ratio | 0.00 | 0.00 | 0.16 | 0.00 | 0.01 |
| Solvency Ratio | 0.54 | 0.48 | 0.83 | 1.22 | 1.09 |
| Operating Cash Flow Ratio | 3.10 | 2.23 | 3.10 | 3.50 | 2.09 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 126.37 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -375.62M | $ -316.39M | $ -180.48M | $ -115.13M | $ -140.05M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.11 | 0.08 | 0.00 | 0.01 | 0.00 |
| Debt-to-Equity Ratio | 0.16 | 0.10 | 0.00 | 0.01 | 0.00 |
| Debt-to-Capital Ratio | 0.14 | 0.09 | 0.00 | 0.01 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.14 | 0.09 | 0.00 | 0.01 | 0.00 |
| Financial Leverage Ratio | 1.40 | 1.36 | 1.26 | 1.25 | 1.26 |
| Debt Service Coverage Ratio | 22.77 | 35.76 | 162.67 | 190.99 | 472.61 |
| Interest Coverage Ratio | 4.46 | 18.36 | 94.09 | 167.15 | 179.20 |
| Debt to Market Cap | 0.12 | 0.08 | 0.00 | 0.01 | 0.00 |
| Interest Debt Per Share | 0.97 | 0.58 | 0.01 | 0.07 | 0.01 |
| Net Debt to EBITDA | 0.65 | 0.53 | -0.05 | 0.04 | 0.01 |
| Profitability Margins | |||||
| Gross Profit Margin | 15.39% | 28.71% | 32.43% | 50.31% | 38.47% |
| EBIT Margin | 20.41% | 14.27% | 26.53% | 34.51% | 42.98% |
| EBITDA Margin | 59.72% | 44.47% | 55.36% | 53.85% | 72.42% |
| Operating Profit Margin | 10.82% | 14.40% | 28.24% | 39.79% | 24.89% |
| Pretax Profit Margin | 17.99% | 13.48% | 26.23% | 34.27% | 42.84% |
| Net Profit Margin | 13.50% | 9.70% | 19.70% | 25.88% | 36.07% |
| Continuous Operations Profit Margin | 13.50% | 9.70% | 19.70% | 25.88% | 36.07% |
| Net Income Per EBT | 75.08% | 71.92% | 75.10% | 75.53% | 84.20% |
| EBT Per EBIT | 166.17% | 93.64% | 92.87% | 86.13% | 172.10% |
| Return on Assets (ROA) | 3.94% | 3.13% | 6.82% | 14.07% | 12.51% |
| Return on Equity (ROE) | 5.53% | 4.27% | 8.57% | 17.61% | 15.81% |
| Return on Capital Employed (ROCE) | 3.34% | 4.97% | 10.54% | 23.45% | 9.42% |
| Return on Invested Capital (ROIC) | 2.50% | 3.57% | 7.91% | 17.70% | 7.93% |
| Return on Tangible Assets | 3.94% | 3.13% | 6.82% | 14.07% | 12.51% |
| Earnings Yield | 4.13% | 3.28% | 7.87% | 16.58% | 12.56% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.27 | 7.95 | 8.70 | 8.01 | 7.44 |
| Payables Turnover | 5.06 | 4.15 | 3.46 | 3.66 | 2.69 |
| Inventory Turnover | 0.00 | 0.00 | 122.93 | 0.00 | 0.00 |
| Fixed Asset Turnover | 0.31 | 0.34 | 0.37 | 0.60 | 0.37 |
| Asset Turnover | 0.29 | 0.32 | 0.35 | 0.54 | 0.35 |
| Working Capital Turnover Ratio | -41.98 | -25.04 | 96.31 | -725.87 | 1526.57 |
| Cash Conversion Cycle | -21.92 | -42.03 | -60.47 | -54.21 | -86.61 |
| Days of Sales Outstanding | 50.18 | 45.91 | 41.98 | 45.54 | 49.07 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 2.97 | 0.00 | 0.00 |
| Days of Payables Outstanding | 72.09 | 87.94 | 105.42 | 99.75 | 135.67 |
| Operating Cycle | 50.18 | 45.91 | 44.94 | 45.54 | 49.07 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.33 | 1.06 | 1.48 | 1.60 | 0.85 |
| Free Cash Flow Per Share | -0.25 | -0.63 | 0.00 | -0.06 | -0.33 |
| Dividend Paid and CapEx Coverage Ratio | 0.84 | 0.63 | 1.00 | 0.96 | 0.72 |
| Capital Expenditure Coverage Ratio | 0.84 | 0.63 | 1.00 | 0.96 | 0.72 |
| Operating Cash Flow Coverage Ratio | 1.46 | 1.88 | 194.39 | 24.78 | 74.01 |
| Operating Cash Flow to Sales Ratio | 0.57 | 0.45 | 0.65 | 0.50 | 0.50 |
| Free Cash Flow Yield | -3.22% | -8.94% | 0.06% | -1.21% | -6.88% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 23.97 | 30.52 | 12.71 | 6.03 | 7.96 |
| Price-to-Sales (P/S) Ratio | 3.27 | 2.96 | 2.50 | 1.56 | 2.87 |
| Price-to-Book (P/B) Ratio | 1.34 | 1.30 | 1.09 | 1.06 | 1.26 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -31.03 | -11.18 | 1734.64 | -82.83 | -14.53 |
| Price-to-Operating Cash Flow Ratio | 5.77 | 6.63 | 3.86 | 3.13 | 5.70 |
| Price-to-Earnings Growth (PEG) Ratio | 0.61 | -0.62 | -0.28 | 0.17 | -0.06 |
| Enterprise Value Multiple | 6.12 | 7.19 | 4.47 | 2.94 | 3.97 |
| Enterprise Value | 1.71B | 1.50B | 1.08B | 969.64M | 911.46M |
| EV to EBITDA | 6.12 | 7.19 | 4.47 | 2.94 | 3.97 |
| EV to Sales | 3.65 | 3.20 | 2.47 | 1.58 | 2.88 |
| EV to Free Cash Flow | -34.71 | -12.07 | 1714.19 | -83.89 | -14.55 |
| EV to Operating Cash Flow | 6.46 | 7.16 | 3.81 | 3.17 | 5.71 |
| Tangible Book Value Per Share | 5.73 | 5.38 | 5.25 | 4.72 | 3.83 |
| Shareholders’ Equity Per Share | 5.73 | 5.38 | 5.25 | 4.72 | 3.83 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.28 | 0.25 | 0.24 | 0.16 |
| Revenue Per Share | 2.35 | 2.37 | 2.28 | 3.21 | 1.68 |
| Net Income Per Share | 0.32 | 0.23 | 0.45 | 0.83 | 0.61 |
| Tax Burden | 0.75 | 0.72 | 0.75 | 0.76 | 0.84 |
| Interest Burden | 0.88 | 0.95 | 0.99 | 0.99 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.05 | 0.05 | 0.02 | 0.08 | 0.12 |
| Stock-Based Compensation to Revenue | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Income Quality | 4.19 | 4.60 | 3.29 | 1.93 | 1.40 |
Currency in CAD