GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thinkpath Inc (GREY:THPHF) » Definitions » Debt-to-Equity

Thinkpath (Thinkpath) Debt-to-Equity : -2.34 (As of Sep. 2007)


View and export this data going back to 1999. Start your Free Trial

What is Thinkpath Debt-to-Equity?

Thinkpath's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2007 was $4.20 Mil. Thinkpath's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2007 was $1.08 Mil. Thinkpath's Total Stockholders Equity for the quarter that ended in Sep. 2007 was $-2.26 Mil. Thinkpath's debt to equity for the quarter that ended in Sep. 2007 was -2.34.

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 Thinkpath's Debt-to-Equity or its related term are showing as below:

THPHF's Debt-to-Equity is not ranked *
in the Construction industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Thinkpath Debt-to-Equity Historical Data

The historical data trend for Thinkpath'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.

Thinkpath Debt-to-Equity Chart

Thinkpath Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.61 0.19 0.68 -1.37

Thinkpath Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 Premium Member Only 2.38 -1.37 -1.20 -1.25 -2.34

Competitive Comparison of Thinkpath's Debt-to-Equity

For the Engineering & Construction subindustry, Thinkpath'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.


Thinkpath's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thinkpath's Debt-to-Equity distribution charts can be found below:

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



Thinkpath Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thinkpath's Debt to Equity Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Thinkpath's Debt to Equity Ratio for the quarter that ended in Sep. 2007 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.


Thinkpath  (GREY:THPHF) 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.


Thinkpath Debt-to-Equity Related Terms

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


Thinkpath (Thinkpath) Business Description

Traded in Other Exchanges
N/A
Address
365 Evans Avenue, Suite 602, Toronto, ON, CAN, M8Z 1K2
Thinkpath Inc provides customized engineering solutions with a wide range of support services guaranteeing timely, efficient and cost-effective completion of projects in numerous and varied industries. The company's customized solutions include Engineering & Design Services, Technical Publishing & Documentation and On-site Engineering Support.

Thinkpath (Thinkpath) Headlines

No Headlines