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Prospect Park Capital (XCNQ:PPK) Debt-to-Equity : 0.02 (As of Jun. 2022)


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What is Prospect Park Capital Debt-to-Equity?

Prospect Park Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$0.05 Mil. Prospect Park Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was C$0.00 Mil. Prospect Park Capital's Total Stockholders Equity for the quarter that ended in Jun. 2022 was C$3.41 Mil. Prospect Park Capital's debt to equity for the quarter that ended in Jun. 2022 was 0.02.

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 Prospect Park Capital's Debt-to-Equity or its related term are showing as below:

XCNQ:PPK's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Prospect Park Capital Debt-to-Equity Historical Data

The historical data trend for Prospect Park Capital'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.

Prospect Park Capital Debt-to-Equity Chart

Prospect Park Capital Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only - - - 1.18 -

Prospect Park Capital Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - 0.02 0.02 0.02

Competitive Comparison of Prospect Park Capital's Debt-to-Equity

For the Software - Application subindustry, Prospect Park Capital'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.


Prospect Park Capital's Debt-to-Equity Distribution in the Software Industry

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

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



Prospect Park Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prospect Park Capital's Debt to Equity Ratio for the fiscal year that ended in Sep. 2021 is calculated as

Prospect Park Capital's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Prospect Park Capital  (XCNQ:PPK) 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.


Prospect Park Capital Debt-to-Equity Related Terms

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Prospect Park Capital (XCNQ:PPK) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 6000, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E2
Website
Prospect Park Capital Corp is a technology issuer focused on highly scalable business-to-consumer communication platforms. It connects service providers with customers in the areas of health and education.

Prospect Park Capital (XCNQ:PPK) Headlines

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