SOPV (Solar Park Initiatives) Debt-to-Equity: -0.34 (As of Jun. 2011)

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What is Solar Park Initiatives Debt-to-Equity?

Solar Park Initiatives SOPV -90.00% Debt-to-Equity is -0.34 as of Jun. 2011.

Solar Park Initiatives's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $0.02 Mil. Solar Park Initiatives's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $0.09 Mil. Solar Park Initiatives's Total Stockholders Equity for the quarter that ended in Jun. 2011 was $-0.31 Mil. Solar Park Initiatives's debt to equity for the quarter that ended in Jun. 2011 was -0.34.

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

SOPV's Debt-to-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 0.255
* Ranked among companies with meaningful Debt-to-Equity only.

Solar Park Initiatives  (OTCPK:SOPV) 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.

Solar Park Initiatives Debt-to-Equity Related Terms

Solar Park Initiatives Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Solar Park Initiatives'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.

Solar Park Initiatives Debt-to-Equity Chart

Solar Park Initiatives Annual Data
Trend Sep08 Sep09 Sep10
Debt-to-Equity
0.39 0.48 0.00

Solar Park Initiatives Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.00 0.00 -1.07 -0.34

SOPV vs ABCE, LIBE, SSOL: Debt-to-Equity Comparison

For the Solar subindustry, Solar Park Initiatives'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.

Solar Park Initiatives Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Park Initiatives's Debt-to-Equity distribution charts can be found below:

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


Solar Park Initiatives Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar Park Initiatives's Debt to Equity Ratio for the fiscal year that ended in Sep. 2010 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 + 0) / -0.071
=0.00

Solar Park Initiatives's Debt to Equity Ratio for the quarter that ended in Jun. 2011 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
=(0.016 + 0.089) / -0.313
=-0.34

* 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 -0.34 mean?
Solar Park Initiatives (SOPV) has a Debt-to-Equity of -0.34 as of Jun. 2011. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Solar Park Initiatives and its competitors.
Is Solar Park Initiatives' Debt-to-Equity too high?
Solar Park Initiatives' current Debt-to-Equity is -0.34.
How does Solar Park Initiatives' Debt-to-Equity compare to ABCE and LIBE?
Solar Park Initiatives' Debt-to-Equity of -0.34 can be compared against companies in the Semiconductors industry. The industry median Debt-to-Equity is 0.26. 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 910 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 Solar Park Initiatives and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Park Initiatives's current Debt-to-Equity is -0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Park Initiatives stock overvalued right now?
Solar Park Initiatives (SOPV) has a current Debt-to-Equity of -0.34. The current Debt-to-Equity is -0.34. 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 Solar Park Initiatives (SOPV), the current Debt-to-Equity is -0.34 as of Jun. 2011. 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.

Solar Park Initiatives Business Description

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518
Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.