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Parkit Enterprise (Parkit Enterprise) Net Debt Paydown Yield % : -51.77% (As of May. 15, 2024)


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What is Parkit Enterprise Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Parkit Enterprise's Net Debt Paydown Yield % was -51.77%.


Parkit Enterprise Net Debt Paydown Yield % Historical Data

The historical data trend for Parkit Enterprise's Net Debt Paydown Yield % 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.

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Parkit Enterprise Net Debt Paydown Yield % Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -14.67 -71.39

Parkit Enterprise Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % 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 -33.25 -45.01 -69.98 -71.39 -51.46

Competitive Comparison of Parkit Enterprise's Net Debt Paydown Yield %

For the Real Estate Services subindustry, Parkit Enterprise's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Parkit Enterprise's Net Debt Paydown Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Parkit Enterprise's Net Debt Paydown Yield % falls into.



Parkit Enterprise Net Debt Paydown Yield % Calculation

Parkit Enterprise's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 68.96-122.97 )/101.863701
=-53.03 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Parkit Enterprise  (OTCPK:PKTEF) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Parkit Enterprise Net Debt Paydown Yield % Related Terms

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Parkit Enterprise (Parkit Enterprise) Business Description

Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

Parkit Enterprise (Parkit Enterprise) Headlines

From GuruFocus

Parkit Enterprise Announces AGSM Results

By GlobeNewswire GlobeNewswire 06-21-2022

Parkit Enterprise Releases Q1 2018 Results

By Marketwired Marketwired 03-29-2018

Parkit Appoints Avi Geller as Interim CEO

By PRNewswire PRNewswire 10-30-2018

Parkit Enterprise Releases Q3 2018 Results

By PRNewswire PRNewswire 10-05-2018

Parkit Announces Management Changes

By PRNewswire PRNewswire 09-17-2019

Parkit Enterprise Releases Q1 2018 Results

By GlobeNewswire GlobeNewswire 03-28-2018

Parkit Enterprise Releases Q1 2019 Results

By PRNewswire PRNewswire 03-30-2019