THPHF (Thinkpath) Shares Outstanding (Basic Average): 9.51 Mil (As of Sep. 2007)


What is Thinkpath Shares Outstanding (Basic Average)?

Thinkpath THPHF -99.00% Shares Outstanding (Basic Average) is 9.51 Mil as of Sep. 2007.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Thinkpath's average basic shares outstanding for the quarter that ended in Sep. 2007 was 9.51 Mil.

Thinkpath  (OTCPK:THPHF) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Thinkpath Shares Outstanding (Basic Average) Related Terms

Thinkpath Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Thinkpath's Shares Outstanding (Basic Average) 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.

Thinkpath Shares Outstanding (Basic Average) Chart

Thinkpath Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.14 2.72 4.37 7.37

Thinkpath Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
Shares Outstanding (Basic Average) 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 9.94 10.02 9.83 8.07 9.51

Thinkpath Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 9.51 Mil mean?
Thinkpath (THPHF) has a Shares Outstanding (Basic Average) of 9.51 Mil as of Sep. 2007. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Thinkpath and its competitors.
Is Thinkpath's Shares Outstanding (Basic Average) too high?
Thinkpath's current Shares Outstanding (Basic Average) is 9.51 Mil.
How does Thinkpath's Shares Outstanding (Basic Average) compare to TSSI and SWMM?
Thinkpath's Shares Outstanding (Basic Average) of 9.51 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Construction company?
A good Shares Outstanding (Basic Average) depends on the Construction industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Thinkpath and its competitors. Thinkpath's current Shares Outstanding (Basic Average) is 9.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkpath stock overvalued right now?
Thinkpath (THPHF) has a current Shares Outstanding (Basic Average) of 9.51 Mil. The current Shares Outstanding (Basic Average) is 9.51 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Thinkpath (THPHF), the current Shares Outstanding (Basic Average) is 9.51 Mil as of Sep. 2007. 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.

Thinkpath Business Description

Address 365 Evans Avenue, Suite 602, Toronto, ON, CAN, M8Z 1K2
Thinkpath Inc provides customized engineering solutions with a wide range of support services guaranteeing timely, efficient and cost-effective completion of projects in numerous and varied industries. The company's customized solutions include Engineering & Design Services, Technical Publishing & Documentation and On-site Engineering Support.