CPAH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
CPAH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
CounterPath's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $1.53 Mil. CounterPath's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2020 was $1.05 Mil. CounterPath's Total Stockholders Equity for the quarter that ended in Oct. 2020 was $4.03 Mil. CounterPath's debt to equity for the quarter that ended in Oct. 2020 was 0.64.
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 CounterPath's Debt-to-Equity or its related term are showing as below:
The historical data trend for CounterPath'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.
CounterPath Annual Data | |||||||||||||||||||||
Trend | Apr11 | Apr12 | Apr13 | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | - | - | - | 0.93 | 2.64 |
CounterPath Quarterly Data | ||||||||||||||||||||
Jan16 | Apr16 | Jul16 | Oct16 | Jan17 | Apr17 | Jul17 | Oct17 | Jan18 | Apr18 | Jul18 | Oct18 | Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | |
Debt-to-Equity | Get a 7-Day Free Trial | 2.90 | 3.03 | 2.64 | 0.98 | 0.64 |
For the Software - Application subindustry, CounterPath'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.
For the Software industry and Technology sector, CounterPath's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CounterPath's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
CounterPath's Debt to Equity Ratio for the fiscal year that ended in Apr. 2020 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (4.293 | + | 1.103) | / | 2.044 | |
= | 2.64 |
CounterPath's Debt to Equity Ratio for the quarter that ended in Oct. 2020 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1.527 | + | 1.052) | / | 4.028 | |
= | 0.64 |
* 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.
CounterPath (NAS:CPAH) 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.
Thank you for viewing the detailed overview of CounterPath's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Todd Carothers | officer: Chief Revenue Officer | 2323 HARTZELL STREET EVANSTON IL 60201 |
David Karp | officer: CEO and President | SUITE 300 - ONE BENTALL CENTRE 505 BURRARD STREET VANCOUVER A1 V7X 1M3 |
Srinivasa Janaswamy | officer: Interim VP Secretary Treasurer | 414 - 3575 EUCLID AVENUE VANCOUVER A1 V5R 6H5 |
Larry Timlick | director | 4750 THE GLEN WEST VANCOUVER A1 V7S 3C3 |
Chris Cooper | director | SUITE 2410, 650 WEST GEORGIA STREET VANCOUVER A1 V6B 4N7 |
Terence H Matthews | director, 10 percent owner, officer: Chairman | 350 LEGGET DRIVE KANATA ONTARIO CANADA A6 K2K 2W7 |
Steven Bruk | director, 10 percent owner | 3230 MATHERS AVENUE WEST VANCOUVER A1 V7V 2K5 |
Karen Bruk | 10 percent owner | 3230 MATHERS AVENUE WEST VANCOUVER A1 V7V 2K5 |
Karen Luk | officer: Vice President of Finance | 505 BURRARD STREET SUITE 300, ONE BENTALL CENTRE VANCOUVER A1 V7X 1M3 |
Owen Nicholas Matthews | director, officer: Vice Chairman | 1006 GOVERNMENT STREET VICTORIA A1 V8W 1X7 |
Donovan Jones | director, officer: President & CEO | SUITE 300, ONE BENTALL CENTRE 505 BURRARD STREET VANCOUVER A1 V7X 1M3 |
Covington Capital Corp. | 10 percent owner | SUITE 400, 87 FRONT STREET WEST TORONTO A6 M5E 1B8 |
Peter Charbonneau | director | 130 AGINCOURT ROAD OTTAWA A6 K2C 1J3 |
Covington Fund Ii Inc. | 10 percent owner | SUITE 400, 87 FRONT STREET WEST TORONTO A6 M5E 1B8 |
William Jin | director | 87 FRONT STREET EAST, SUITE 400 TORONTO A6 M5E 1B8 |
From GuruFocus
By ACCESSWIRE ACCESSWIRE • 03-01-2021
By Marketwired Marketwired • 12-30-2020
By PRNewswire PRNewswire • 01-20-2021
By Business Wire Business Wire • 12-09-2020
By ACCESSWIRE ACCESSWIRE • 09-01-2020
By PRNewswire PRNewswire • 12-15-2020
By Marketwired Marketwired • 12-08-2020
By ACCESSWIRE ACCESSWIRE • 02-23-2021
By ACCESSWIRE ACCESSWIRE • 12-07-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.