Hewlett Packard Enterprise Co (HPE)
Debt-to-equity 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-equity ratio | 0.00 | 0.36 | 0.35 | 0.37 | 0.35 | 0.43 | 0.41 | 0.38 | 0.40 | 0.44 | 0.43 | 0.51 | 0.50 | 0.73 | 0.74 | 0.74 | 0.76 | 0.00 | 0.00 | 0.00 |
October 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $24,816,000K
= 0.00
The debt-to-equity ratio of Hewlett Packard Enterprise Co has fluctuated over the past few years, indicating changes in the company's capital structure and financial leverage. The ratio was consistently at 0.00 for the periods ending in January 2020, April 2020, July 2020, and October 2020, suggesting that the company had no debt during those periods.
Subsequently, there was a significant increase in the ratio starting from January 2021, reaching a peak of 0.76 by October 2021. This uptrend in the ratio suggests that the company began taking on more debt relative to its equity, potentially to finance growth, investments, or operations.
From October 2021 to January 2023, the debt-to-equity ratio fluctuated between 0.50 to 0.38, indicating some variability in the company's debt levels and equity financing mix. However, the ratio remained relatively stable in this range, suggesting a certain level of consistency in the company's capital structure during this period.
The ratio increased again from January 2023 to October 2024, ranging from 0.35 to 0.44, indicating another shift towards higher debt levels relative to equity. This increase could reflect strategic decisions by the company to utilize debt financing for various purposes.
Overall, the fluctuations in Hewlett Packard Enterprise Co's debt-to-equity ratio show changes in the company's leverage and financing strategies over the analyzed periods. Investors and stakeholders may need to monitor these trends to assess the company's financial risk and how it manages its capital structure going forward.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Debt to Equity (Quarterly Data)