International Parkside Products (TSXV:IPD) Debt-to-Equity : 0.45 (As of Jan. 2024)

View and export this data going back to 1983. Start your Free Trial

What is International Parkside Products Debt-to-Equity?

International Parkside Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.11 Mil. International Parkside Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.08 Mil. International Parkside Products's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$0.43 Mil. International Parkside Products's debt to equity for the quarter that ended in Jan. 2024 was 0.45.

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 International Parkside Products's Debt-to-Equity or its related term are showing as below:

TSXV:IPD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.42 Max: 0.7
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of International Parkside Products was 0.70. The lowest was 0.26. And the median was 0.42.

TSXV:IPD's Debt-to-Equity is ranked worse than
57.83% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs TSXV:IPD: 0.45

International Parkside Products Debt-to-Equity Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products Debt-to-Equity Chart

International Parkside Products Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

0.37

0.50

0.31

0.42

0.70

International Parkside Products Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.45	0.50	0.70	0.65	0.45

Competitive Comparison of International Parkside Products's Debt-to-Equity

For the Specialty Chemicals subindustry, International Parkside Products'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.

International Parkside Products's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where International Parkside Products's Debt-to-Equity falls into.

International Parkside Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Parkside Products's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.168	+	0.098)	/	0.379
	=	0.70

International Parkside Products's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.112	+	0.078)	/	0.425
	=	0.45

International Parkside Products (TSXV:IPD) 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.

International Parkside Products Debt-to-Equity Related Terms

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

International Parkside Products (TSXV:IPD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Parkside Products Inc (TSXV:IPD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1

Website

https://www.lenspen.com

International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.

Executives

Murray Keating

10% Security Holder

International Parkside Products (TSXV:IPD) Headlines

No Headlines