KTPPF (Katipult Technology) Debt-to-Equity: -0.92 (As of Sep. 2024)

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What is Katipult Technology Debt-to-Equity?

Katipult Technology KTPPF Debt-to-Equity is -0.92 as of Sep. 2024.

Katipult Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.09 Mil. Katipult Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.32 Mil. Katipult Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-3.71 Mil. Katipult Technology's debt to equity for the quarter that ended in Sep. 2024 was -0.92.

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

KTPPF's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Katipult Technology  (OTCPK:KTPPF) 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.

Katipult Technology Debt-to-Equity Related Terms

Katipult Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Katipult Technology'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.

Katipult Technology Debt-to-Equity Chart

Katipult Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial -3.03 -1.13 -1.98 -1.23 -1.04

Katipult Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.05 -1.04 -1.01 -1.02 -0.92

KTPPF vs CRM, INTU, NOW: Debt-to-Equity Comparison

For the Software - Application subindustry, Katipult Technology'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.

Katipult Technology Debt-to-Equity vs Software Industry

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

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


Katipult Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Katipult Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(2.999 + 0.991) / -3.839
=-1.04

Katipult Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
=(2.089 + 1.32) / -3.708
=-0.92

* 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 -0.92 mean?
Katipult Technology (KTPPF) has a Debt-to-Equity of -0.92 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Katipult Technology and its competitors.
Is Katipult Technology's Debt-to-Equity too high?
Katipult Technology's current Debt-to-Equity is -0.92.
How does Katipult Technology's Debt-to-Equity compare to CRM and INTU?
Katipult Technology's Debt-to-Equity of -0.92 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. 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 a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 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. 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 Katipult Technology and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katipult Technology's current Debt-to-Equity is -0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katipult Technology stock overvalued right now?
Katipult Technology (KTPPF) has a current Debt-to-Equity of -0.92. The current Debt-to-Equity is -0.92. 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 Katipult Technology (KTPPF), the current Debt-to-Equity is -0.92 as of Sep. 2024. 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.

Katipult Technology Business Description

Address 900-903 8th Avenue Sw, Suite 1600, Calgary, AB, CAN, T2P 0P7
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.