CounterPath Financials

Based on the key indicators obtained from CounterPath's historical financial statements, CounterPath is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze CounterPath financials for your investing period. You should be able to track the changes in CounterPath individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past CounterPath Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CounterPath's financial statements are interrelated, with each one affecting the others. For example, an increase in CounterPath's assets may result in an increase in income on the income statement.
Evaluating CounterPath's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of CounterPath's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the CounterPath's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
CounterPath has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for CounterPath stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, CounterPath's odds of distress score SHOULD NOT be confused with the real chance of CounterPath filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as CounterPath is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include CounterPath's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in CounterPath's official financial statements usually reflect CounterPath's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CounterPath. For example, before you start analyzing numbers published by CounterPath accountants, it's critical to develop an understanding of what CounterPath's liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of CounterPath's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CounterPath's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CounterPath's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CounterPath. Please utilize our Beneish M Score to check the likelihood of CounterPath's management manipulating its earnings.

CounterPath Company Summary

CounterPath competes with Anterix, Cementos Pacasmayo, Digi International, Skyline, and Chart Industries. CounterPath Corporation designs, develops, and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications services over Internet protocol based networks in North America and internationally. The company was founded in 2002 and is headquartered in Vancouver, Canada. Counterpath Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 72 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS22228P3029
Business AddressOne Bentall Centre
SectorTechnology
IndustrySoftware—Application
BenchmarkNYSE Composite
Websitewww.counterpath.com
Phone604 320 3344
CurrencyUSD - US Dollar
You should never invest in CounterPath without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CounterPath Stock, because this is throwing your money away. Analyzing the key information contained in CounterPath's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

CounterPath Key Financial Ratios

Generally speaking, CounterPath's financial ratios allow both analysts and investors to convert raw data from CounterPath's financial statements into concise, actionable information that can be used to evaluate the performance of CounterPath over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CounterPath reports annually and quarterly.

CounterPath Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CounterPath's current stock value. Our valuation model uses many indicators to compare CounterPath value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CounterPath competition to find correlations between indicators driving CounterPath's intrinsic value. More Info.
CounterPath is number one stock in return on equity category among related companies. It is the top company in total debt category among related companies making up about  104,369  of Total Debt per Return On Equity. . Comparative valuation analysis is a catch-all model that can be used if you cannot value CounterPath by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CounterPath's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CounterPath's earnings, one of the primary drivers of an investment's value.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the CounterPath information on this page should be used as a complementary analysis to other CounterPath's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in CounterPath Stock

If you are still planning to invest in CounterPath check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CounterPath's history and understand the potential risks before investing.
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