Hewlett Packard Enterprise Co (HPE)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 24,816,000 | 22,077,000 | 21,680,000 | 21,416,000 | 21,182,000 | 20,622,000 | 20,366,000 | 20,011,000 | 19,864,000 | 20,611,000 | 20,532,000 | 20,318,000 | 19,971,000 | 17,020,000 | 16,560,000 | 16,212,000 | 16,049,000 | 16,155,000 | 16,210,000 | 17,189,000 |
| Debt-to-capital ratio | 0.00 | 0.26 | 0.26 | 0.27 | 0.26 | 0.30 | 0.29 | 0.27 | 0.28 | 0.31 | 0.30 | 0.34 | 0.33 | 0.42 | 0.43 | 0.42 | 0.43 | 0.00 | 0.00 | 0.00 |
October 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $24,816,000K)
= 0.00
The debt-to-capital ratio of Hewlett Packard Enterprise Co has shown some fluctuations over the past few years. The ratio was consistently at 0.00 in the beginning and end of fiscal years 2020 and 2021, indicating no debt in relation to capital during those periods. From January 2022 to April 2023, the ratio increased steadily from 0.27 to 0.29, reaching a peak of 0.34 in January 2022, suggesting a higher proportion of debt relative to capital.
Subsequently, there was a slight decrease in the debt-to-capital ratio to 0.27 in July 2023, before rising again to 0.30 in October 2023. This pattern continued until January 2024, with the ratio peaking at 0.31. However, a slight decrease was observed in April 2024 to 0.26, before returning to 0.26 in July 2024.
The latest available data for October 2024 shows the debt-to-capital ratio at 0.00, which may indicate a decrease in debt levels relative to capital or a change in the capital structure of the company.
Overall, the trend in the debt-to-capital ratio of Hewlett Packard Enterprise Co has shown some variability, with periods of increase followed by slight decreases. It is important for investors and stakeholders to monitor these fluctuations to assess the company's leverage and financial risk.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Debt to Capital (Quarterly Data)