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Parent Capital (TSXV:PAR.H) Debt-to-Equity : 0.00 (As of May. 2024)


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What is Parent Capital Debt-to-Equity?

Parent Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Parent Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Parent Capital's Total Stockholders Equity for the quarter that ended in May. 2024 was C$-0.13 Mil. Parent Capital's debt to equity for the quarter that ended in May. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Parent Capital was -0.09. The lowest was -0.45. And the median was -0.22.

TSXV:PAR.H's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.455
* Ranked among companies with meaningful Debt-to-Equity only.

Parent Capital Debt-to-Equity Historical Data

The historical data trend for Parent Capital'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.

* Premium members only.

Parent Capital Debt-to-Equity Chart

Parent Capital Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.34 - -

Parent Capital Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Competitive Comparison of Parent Capital's Debt-to-Equity

For the Oil & Gas E&P subindustry, Parent Capital'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.


Parent Capital's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parent Capital's Debt-to-Equity distribution charts can be found below:

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



Parent Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parent Capital's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Parent Capital's Debt to Equity Ratio for the quarter that ended in May. 2024 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.


Parent Capital  (TSXV:PAR.H) 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.


Parent Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Parent Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Parent Capital Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN
Parent Capital Corp, formerly Century Energy Ltd is a public resource company engaged in the evaluation, acquisition, exploration, and development of resource properties. The company operates in one reportable segment, being the resource industry. Its assets are located in Canada.

Parent Capital Headlines

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