Kratos Defense & Security Solutions, Inc. Financial Ratios — WF5A

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	-10.03	-35.94	-12	-29.99	8.28	-22.8	-10.84	-0.68	2.29	10.62	-0.21	-3.92	-0.93	1.4	1.31
Return on Assets (%)	-2.76	-9.15	-2.98	-6.64	1.95	-6.53	-4.33	-0.34	1.14	5.79	-0.13	-2.35	-0.56	0.91	1
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	0.82	3.31	- -	0.02	- -	-1.21	1.74	1.49
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	1.78	3.03	- -	0.25	- -	0.52	1.21	0.88
Gross Margin (%)	26.78	26.54	24.23	23.51	24.62	22.24	26.12	27.46	26.48	27.18	27.74	25.16	25.9	25.28	22.86
EBITDA Margin (%)	10.86	0.86	7.65	4.94	3.2	0.83	1.69	7.83	10.19	8.47	7.71	4.23	7.31	7.12	6.3
Operating Margin (%)	5.88	4.78	1.42	0.94	-0.78	-1.48	2.07	5.55	5.74	4.24	3.66	0.51	3.04	2.61	2.06
Incremental Operating Margin (%)	5.63	1.68	27.42	5.92	11.61	2.52	33.39	148.3	6.93	- -	- -	- -	19.38	- -	- -
Pretax Margin (%)	-3.03	-11.81	-3.36	-9.41	-6.79	-9.56	-9.46	1.41	2.19	0.91	0.54	-3.67	1.07	2.33	2.52
Profit Margin (%)	-3.39	-11.8	-4.41	-10.22	3.01	-11.16	-7.08	-0.57	1.74	10.65	-0.25	-4.11	-0.86	1.43	1.63
Net Income to Common Margin (%)	-3.39	-11.8	-4.41	-10.22	3.01	-11.16	-7.08	-0.57	1.74	10.65	-0.25	-4.11	-0.86	1.43	1.63
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	52.87	30.57	- -	88.64	- -	78.38	38.49	35.29
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	-10.03	-35.94	-12	-29.99	8.28	-22.8	-10.84	-0.68	2.29	10.62	-0.21	-3.92	-0.93	1.4	1.31

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	656	650	645	657	445	432	294	294	343	349	340	302	321	282	146
ST Debt	2	2	1	1	1	1	1	- -	10	9	10	11	13	13	16
LT Debt	654	649	643	655	444	431	294	294	333	340	329	291	308	269	130
Total Debt/EBITDA	8.46	78.35	9.98	17.41	21.2	96	28.85	6.08	4.69	5.51	5.42	7.94	4.24	3.49	1.72
Net Debt/EBITDA	7.55	72.34	9.11	16.52	19.84	80.64	16.06	2.3	1.68	-1.26	-0.84	4.44	1.93	-1.91	-6.6
Total Debt/EBIT	22.23	-13.08	35.42	123.87	-98.91	-24	-24.52	9.65	9.02	11.89	12.17	-104.07	10.33	9.72	5.7
Net Debt/EBIT	19.83	-12.08	32.34	117.53	-92.58	-20.16	-13.65	3.66	3.22	-2.72	-1.89	-58.24	4.71	-5.33	-21.9
EBITDA to Interest Expense	1.51	0.13	1.39	0.96	0.58	0.13	0.35	2.24	3.11	2.68	2.64	2.08	3.49	5.32	8.84
EBITDA-CapEx/Interest Expense	1.51	0.13	1.39	0.96	0.58	0.13	0.35	2.24	3.11	2.68	2.64	2.08	3.49	5.32	8.84
EBIT to Interest Expense	0.82	0.7	0.26	0.18	-0.14	-0.23	0.43	1.59	1.75	1.34	1.25	0.25	1.45	1.95	2.89
Interest Expense	51	66	46	39	36	35	29	22	24	24	24	18	22	15	10
Common Equity/Total Assets	25.71	25.24	24.31	19.83	28.14	29.14	49.95	51.41	48.41	59.21	59.46	60.35	59.79	69.36	80.91
Long-Term Debt/Equity (%)	209.31	200.19	217.51	292.2	174.7	155.93	57.38	56.65	56.48	36.12	34.3	30.71	30.85	19.86	6.49
Long-Term Debt/Capital (%)	67.56	66.58	68.41	74.41	63.51	60.84	36.42	36.16	35.71	26.35	25.34	23.29	23.34	16.44	6.05
Long-Term Debt/Total Assets (%)	53.81	50.53	52.89	57.94	49.16	45.44	28.66	29.13	28.05	21.73	20.72	18.76	18.87	13.78	5.25
Total Debt/Equity (%)	209.82	200.65	217.95	292.69	175.1	156.3	57.54	56.65	58.16	37.07	35.35	31.85	32.19	20.84	7.3
Total Debt/Capital (%)	67.72	66.74	68.55	74.53	63.65	60.98	36.52	36.16	36.77	27.04	26.12	24.16	24.35	17.25	6.81
Total Debt/Total Assets (%)	53.94	50.65	52.99	58.04	49.27	45.54	28.74	29.13	28.89	22.3	21.36	19.45	19.69	14.45	5.91
Net Debt to Equity	187.14	185.25	198.99	277.71	163.89	131.3	32.02	21.47	20.79	-8.49	-5.49	17.83	14.67	-11.43	-28.08
Net Debt/Capital (%)	65.08	64.88	66.52	73.52	62.1	56.77	24.26	17.68	16.14	-8.79	-5.55	14.46	11.75	-11.85	-35.45
EBITDA	78	8	65	38	21	5	10	48	73	63	63	38	76	81	85
EBITDA-CapEx	78	8	65	38	21	5	10	48	73	63	63	38	76	81	85
Operating Income (Loss)	42	46	12	7	-5	-8	13	34	41	32	30	5	32	30	28

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.33	0.18	0.22	0.15	0.17	0.35	0.69	1.11	0.94	1.93	1.58	0.35	0.25	1.11	1.8
Current Ratio	1.97	1.63	1.71	1.65	1.86	1.9	2.5	3	2.86	3.87	3.43	2.49	2.03	2.94	4.06
Quick Ratio	1.49	1.16	1.29	1.12	1.39	1.54	1.81	2.55	2.39	3.3	2.87	1.75	1.37	2.2	3.27
CFO/Avg Current Liab	0.02	0.22	0.08	0.03	-0.14	-0.07	-0.14	0.06	0.17	0.25	0.17	-0.11	0.25	0.17	-0.14
Common Equity/Total Assets	25.71	25.24	24.31	19.83	28.14	29.14	49.95	51.41	48.41	59.21	59.46	60.35	59.79	69.36	80.91
Long-Term Debt/Equity (%)	209.31	200.19	217.51	292.2	174.7	155.93	57.38	56.65	56.48	36.12	34.3	30.71	30.85	19.86	6.49
Long-Term Debt/Capital (%)	67.56	66.58	68.41	74.41	63.51	60.84	36.42	36.16	35.71	26.35	25.34	23.29	23.34	16.44	6.05
Long-Term Debt/Total Assets (%)	53.81	50.53	52.89	57.94	49.16	45.44	28.66	29.13	28.05	21.73	20.72	18.76	18.87	13.78	5.25
Total Debt/Equity (%)	209.82	200.65	217.95	292.69	175.1	156.3	57.54	56.65	58.16	37.07	35.35	31.85	32.19	20.84	7.3
Total Debt/Capital (%)	67.72	66.74	68.55	74.53	63.65	60.98	36.52	36.16	36.77	27.04	26.12	24.16	24.35	17.25	6.81
Total Debt/Total Assets (%)	53.94	50.65	52.99	58.04	49.27	45.54	28.74	29.13	28.89	22.3	21.36	19.45	19.69	14.45	5.91
CFO/Total Liabilities	0.28	5.58	2.23	0.73	-4.14	-1.95	-5.4	2.12	5.03	7.48	5.61	-4.25	10.28	8.32	-8.94
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	5.65	7.36	5.94	5.76	6.2	5.53	6.88	8.9	9.61	8.31	8.59	9.01	8.86	9.23	9.54
Days Sales Outstanding	64.55	49.56	61.49	63.38	58.85	65.97	53.03	40.99	37.98	43.91	42.5	40.49	41.21	39.53	38.25
Inventory Turnover	10.2	8.33	7.57	9.57	9.62	7.59	8.54	9.36	9.78	7.65	6.78	6.19	5.46	5.34	5.93
Days Inventory Outstanding	35.79	43.81	48.19	38.15	37.95	48.07	42.75	39	37.33	47.69	53.81	58.96	66.9	68.41	61.54
Accounts Payable Turnover	12.15	11.02	8.52	10.45	10.84	8.34	10.05	10.97	10.79	10.34	11.28	13.11	13.28	11.78	14.05
Accounts Payable Turnover Days	30.05	33.11	42.84	34.93	33.67	43.76	36.31	33.26	33.82	35.3	32.35	27.84	27.49	30.97	25.98
Cash Conversion Cycle	70.29	60.25	66.85	66.6	63.13	70.28	59.47	46.73	41.49	56.31	63.97	71.61	80.62	76.97	73.81
Inventory to Cash Days	28.76	5.76	13.3	25.23	20.9	17.9	10.28	1.99	0.64	-3.78	-11.31	-18.47	-25.68	-28.89	-23.28
Inventories	77	94	75	47	56	55	49	47	61	81	92	126	156	162	188
Raw Materials	47	51	46	32	35	34	36	35	39	47	59	74	78	90	109
Work In Process	26	37	24	13	19	22	11	10	20	30	29	51	73	68	72
Finished Goods	7	7	5	3	3	1	2	2	2	4	5	1	5	4	7
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	70	49	56	34	29	69	131	183	173	381	349	81	73	329	561
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	15	15	15	11	23	- -	- -
+ Total Debt	656	650	645	657	445	432	294	294	343	349	340	302	321	282	146
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	969	974	941	881	699	708	806	814	932	1,289	1,300	1,249	1,320	1,635	2,142
Total Debt/Capital (%)	67.72	66.74	68.55	74.53	63.65	60.98	36.52	36.16	36.77	27.04	26.12	24.16	24.35	17.25	6.81
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	714	969	844	763	657	542	603	618	718	748	812	898	1,037	1,136	1,347
TTM EBITDA	78	8	65	38	21	5	10	48	73	63	63	38	76	81	85
TTM Operating Income	42	46	12	7	-5	-8	13	34	41	32	30	5	32	30	28
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	21	46	- -	38	- -	70	59	-36
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	21	46	- -	38	- -	70	59	-36

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	32	57	57	58	59	74	103	104	107	123	124	126	129	151	169
Diluted Weighted Avg Shares	27	47	57	58	59	61	90	106	109	119	128	127	130	151	165
Basic Weighted Avg Shares	27	47	57	58	59	61	90	104	106	116	125	127	130	149	163
Revenue per Share	26.05	20.67	14.86	13.25	11.19	8.84	6.74	5.95	6.77	6.47	6.51	7.09	7.95	7.63	8.28
EBITDA per Share	2.83	0.18	1.14	0.65	0.36	0.07	0.11	0.47	0.69	0.55	0.5	0.3	0.58	0.54	0.52
Operating Income per Share	1.53	0.99	0.21	0.13	-0.09	-0.13	0.14	0.33	0.39	0.27	0.24	0.04	0.24	0.2	0.17
Basic EPS, GAAP	-0.88	-2.44	-0.65	-1.35	0.34	-0.99	-0.48	-0.03	0.12	0.69	-0.02	-0.29	-0.07	0.11	0.14
Basic EPS from Cont Ops	-0.86	-2.41	-0.52	-1.31	-0.57	-0.94	-0.52	0.04	0.1	0.7	- -	-0.26	0.02	0.11	0.14
Diluted EPS, GAAP	-0.88	-2.44	-0.65	-1.35	0.34	-0.99	-0.48	-0.03	0.11	0.67	-0.02	-0.29	-0.07	0.11	0.13
Diluted EPS from Cont Ops	-0.86	-2.41	-0.52	-1.31	-0.57	-0.94	-0.52	0.04	0.1	0.68	- -	-0.26	0.02	0.11	0.13
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.09	1.14	0.36	0.11	-0.46	-0.21	-0.31	0.1	0.28	0.4	0.28	-0.2	0.5	0.33	-0.26
Free Cash Flow per Basic Share	0.09	1.14	0.36	0.11	-0.46	-0.21	-0.31	0.1	0.28	0.4	0.28	-0.2	0.5	0.33	-0.26
Cash & Equivalents per Share	2.15	0.87	0.98	0.58	0.48	0.93	1.26	1.76	1.62	3.09	2.82	0.65	0.56	2.18	3.32
Book Value per Share	9.64	5.72	5.18	3.88	4.3	3.74	4.95	5	5.38	7.52	7.62	7.43	7.55	8.96	11.82
Tangible Book Value per Share	-11.83	-6.68	-6.49	-5.34	-4.49	-3.27	0.62	0.75	0.74	3.24	3.29	2.56	2.66	4.83	7.97