CPXWF (Capital Power) Debt-to-Equity: 1.46 (As of Mar. 2026) — 27% Above Median

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CPXWF Capital Power Corp CPXWF
70 GF Score
Price $51.33
GF Value $28.52
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is Capital Power Debt-to-Equity?

Capital Power CPXWF -0.39% 70 Debt-to-Equity is 1.46 as of Mar. 2026, which is 27% above its 10-year median of 1.15. GuruFocus rates CPXWF with a GF Score™ of 70/100 and a GF Value™ of $28.52 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Capital Power ranks worse than 66.84% on this metric.

Capital Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $540 Mil. Capital Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4,574 Mil. Capital Power's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3,503 Mil. Capital Power's debt to equity for the quarter that ended in Mar. 2026 was 1.46.

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

CPXWF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54   Med: 1.15   Max: 1.58
Current: 1.46

During the past 13 years, the highest Debt-to-Equity Ratio of Capital Power was 1.58. The lowest was 0.54. And the median was 1.15.

CPXWF's Debt-to-Equity is ranked worse than
66.84% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs CPXWF: 1.46

Capital Power  (OTCPK:CPXWF) 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.


Capital Power Debt-to-Equity Related Terms


Capital Power Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Capital Power'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.

Capital Power Debt-to-Equity Chart

Capital Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.58 1.52 1.12 1.42

Capital Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.09 1.46 1.36 1.42 1.46

CPXWF vs CEG, VST, NRG: Debt-to-Equity Comparison

For the Utilities - Independent Power Producers subindustry, Capital Power'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.


Capital Power Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's Debt-to-Equity distribution charts can be found below:

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


CPXWF
70GF Score
Capital Power Corp CPXWF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Capital Power's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Capital Power's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.46 mean?
Capital Power (CPXWF) has a Debt-to-Equity of 1.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Capital Power and its competitors. This is 27% above median its historical median of 1.15. Over the past decade, Capital Power's Debt-to-Equity has ranged from 0.54 to 1.58. According to the industry distribution chart, Capital Power ranks #264 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 66.8%.
Is Capital Power's Debt-to-Equity too high?
Capital Power's current Debt-to-Equity of 1.46 is 27% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.58. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. Capital Power's value of 1.46 is 71.8% above this industry median. Based on the distribution chart, Capital Power ranks #264 out of 395 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Capital Power has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Power's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Capital Power ranks #264 out of 395 companies for Debt-to-Equity. This places Capital Power in the lower half of its industry. The industry median Debt-to-Equity is 0.85. Capital Power's value of 1.46 is 71.8% above this benchmark. Historically, Capital Power's own Debt-to-Equity has ranged from 0.54 to 1.58 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.85, Capital Power has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Capital Power's current Debt-to-Equity of 1.46 is 71.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Capital Power and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Power's current Debt-to-Equity is 1.46, which is 27% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Power stock overvalued right now?
Based on GuruFocus' analysis, Capital Power (CPXWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.52, compared to a current price of $51.33 — trading 80% above its estimated fair value. The current Debt-to-Equity is 1.46, which is 27% above median its 10-year median of 1.15 and 71.8% above the Utilities - Independent Power Producers industry median of 0.85. Capital Power's overall GF Score™ is 70/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Capital Power (CPXWF), the current Debt-to-Equity is 1.46 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Capital Power (CPXWF) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Power stock appears to be overvalued. The current stock price of $51.33 is trading 80% above its estimated GF Value™ of $28.52. GuruFocus considers Capital Power to be Significantly Overvalued.

Key valuation signals for CPXWF:

  • Debt-to-Equity: 1.46 (27% above median its 10-year median of 1.15)
  • GF Value™: $28.52 vs. price of $51.33 (80% above fair value)
  • GF Score™: 70/100 with 15 warning signs
  • Industry Position: 71.8% above the Utilities - Independent Power Producers median (#264 of 395)

No single metric tells the full story. See the CPXWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital Power Business Description

Address 10423 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
70GF Score

Get the complete analysis for CPXWF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.33
Price
$28.52
GF Value