Hewlett Packard Enterprise Co (HPE)
Debt-to-assets ratio
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 7,939,000 | 7,490,000 | 7,840,000 | 7,487,000 | 8,866,000 | 8,372,000 | 7,577,000 | 7,853,000 | 9,137,000 | 8,905,000 | 10,277,000 | 9,896,000 | 12,489,000 | 12,296,000 | 11,963,000 | 12,186,000 | — | — | — |
| Total assets | US$ in thousands | 71,262,000 | 60,852,000 | 59,711,000 | 58,602,000 | 57,153,000 | 56,415,000 | 55,549,000 | 55,591,000 | 57,123,000 | 57,675,000 | 56,324,000 | 57,873,000 | 57,699,000 | 56,437,000 | 54,132,000 | 53,451,000 | 54,015,000 | 58,239,000 | 54,515,000 | 52,244,000 |
| Debt-to-assets ratio | 0.00 | 0.13 | 0.13 | 0.13 | 0.13 | 0.16 | 0.15 | 0.14 | 0.14 | 0.16 | 0.16 | 0.18 | 0.17 | 0.22 | 0.23 | 0.22 | 0.23 | 0.00 | 0.00 | 0.00 |
October 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $71,262,000K
= 0.00
The debt-to-assets ratio of Hewlett Packard Enterprise Co has been relatively stable over the past five years, hovering around 0.13 to 0.23. A debt-to-assets ratio of 0.13 indicates that only 13% of the company's assets are financed by debt, while a ratio of 0.23 suggests that 23% of assets are funded through debt.
The ratio has shown some fluctuations, with a slight increase from 0.13 in January 2020 to 0.23 in July 2021 before decreasing to 0.22 in October 2021 and then further to 0.13 from April 2022 to July 2024. These changes may indicate variations in the company's debt management strategies and capital structure during this period.
Overall, the company has maintained a relatively low debt-to-assets ratio, indicating a conservative approach to debt utilization, which can be favorable in terms of financial stability and flexibility. However, it is essential to monitor the trend of this ratio in conjunction with other financial metrics to assess the company's overall financial health and risk.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Debt to Assets (Quarterly Data)