GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Canadian Phosphate Ltd (ASX:CP8) » Definitions » Debt-to-Equity

Canadian Phosphate (ASX:CP8) Debt-to-Equity : 0.09 (As of Dec. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Canadian Phosphate Debt-to-Equity?

Canadian Phosphate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.43 Mil. Canadian Phosphate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.46 Mil. Canadian Phosphate's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$10.36 Mil. Canadian Phosphate's debt to equity for the quarter that ended in Dec. 2024 was 0.09.

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

ASX:CP8' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.11
Current: 0.09

During the past 11 years, the highest Debt-to-Equity Ratio of Canadian Phosphate was 0.11. The lowest was 0.00. And the median was 0.03.

ASX:CP8's Debt-to-Equity is ranked better than
80.87% of 230 companies
in the Agriculture industry
Industry Median: 0.42 vs ASX:CP8: 0.09

Canadian Phosphate Debt-to-Equity Historical Data

The historical data trend for Canadian Phosphate'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.

Canadian Phosphate Debt-to-Equity Chart

Canadian Phosphate Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.04 0.11 0.09

Canadian Phosphate Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.04 0.05 0.11 0.10 0.09

Competitive Comparison of Canadian Phosphate's Debt-to-Equity

For the Agricultural Inputs subindustry, Canadian Phosphate'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.


Canadian Phosphate's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Canadian Phosphate's Debt-to-Equity distribution charts can be found below:

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


;
;

Canadian Phosphate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Canadian Phosphate's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Canadian Phosphate's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Canadian Phosphate  (ASX:CP8) 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.


Canadian Phosphate Debt-to-Equity Related Terms

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


Canadian Phosphate Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Canadian Phosphate Ltd is a miner, manufacturer, and distributor of rock phosphate fertilizer, focused on advancing its Wapiti and Fernie sedimentary rock phosphate projects in British Columbia, Canada. The company is organised into two operating segments based on geographical location, being Australian and North American operations. A majority of its revenue is generated from its North American operations, through the sale of phosphate fertilizers.

Canadian Phosphate Headlines

No Headlines