Alphinat (TSXV:NPA.H) Debt-to-Equity : -0.18 (As of May. 2023)

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What is Alphinat Debt-to-Equity?

Alphinat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was C$0.09 Mil. Alphinat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was C$0.05 Mil. Alphinat's Total Stockholders Equity for the quarter that ended in May. 2023 was C$-0.78 Mil. Alphinat's debt to equity for the quarter that ended in May. 2023 was -0.18.

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

TSXV:NPA.H' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.06 Med: -0.65 Max: -0.12
Current: -0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Alphinat was -0.12. The lowest was -1.06. And the median was -0.65.

TSXV:NPA.H's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs TSXV:NPA.H: -0.18

Alphinat Debt-to-Equity Historical Data

The historical data trend for Alphinat'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.

Alphinat Debt-to-Equity Chart

Alphinat Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Debt-to-Equity

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-0.54

-0.37

-0.48

-0.47

-0.25

Alphinat Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Debt-to-Equity	Get a 7-Day Free Trial															-0.31	-0.25	-0.25	-0.25	-0.18

Competitive Comparison of Alphinat's Debt-to-Equity

For the Software - Application subindustry, Alphinat'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.

Alphinat's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Alphinat's Debt-to-Equity distribution charts can be found below:

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

Alphinat Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alphinat's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 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
	=	(0.084	+	0.117)	/	-0.792
	=	-0.25

Alphinat's Debt to Equity Ratio for the quarter that ended in May. 2023 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
	=	(0.091	+	0.052)	/	-0.781
	=	-0.18

Alphinat (TSXV:NPA.H) 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.

Alphinat Debt-to-Equity Related Terms

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

Alphinat (TSXV:NPA.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alphinat Inc (TSXV:NPA.H) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5

Website

https://www.alphinat.com

Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.

Alphinat (TSXV:NPA.H) Headlines

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