Hewlett Packard Enterprise Co (HPE)
Debt-to-equity ratio
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 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 | 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 | 17,098,000 | 17,533,000 | 18,198,000 |
| Debt-to-equity ratio | 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 | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,840,000K ÷ $21,416,000K
= 0.37
The debt-to-equity ratio of Hewlett Packard Enterprise Co has been relatively stable over the past eight quarters, ranging from 0.58 to 0.67. This ratio indicates the proportion of the company's total debt to its shareholders' equity. A lower ratio suggests that the company relies less on debt financing and is considered less risky, while a higher ratio may indicate higher financial risk.
In the most recent quarter (Q1 2024), the debt-to-equity ratio was 0.60, which shows a moderate level of leverage compared to previous quarters. This suggests that the company may have increased its debt levels slightly to finance its operations or growth initiatives. However, it is important to note that the ratio has remained within a relatively narrow range, indicating a consistent capital structure strategy.
Overall, Hewlett Packard Enterprise Co's debt-to-equity ratio reflects a balanced approach to financing its operations, with a moderate level of debt relative to equity. Investors and stakeholders typically monitor this ratio to assess the company's financial health and risk profile.
Peer comparison
Jan 31, 2024
See also:
Hewlett Packard Enterprise Co Debt to Equity (Quarterly Data)