Hewlett Packard Enterprise Co (HPE)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 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 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 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 | 0.00 | 0.00 | 0.00 |
| 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 |
| Financial leverage ratio | 2.74 | 2.70 | 2.74 | 2.73 | 2.78 | 2.88 | 2.80 | 2.74 | 2.85 | 2.89 | 3.32 | 3.27 | 3.30 | 3.37 | 3.61 | 3.36 | 3.04 | 3.03 | 2.90 | 2.81 |
The solvency ratios of Hewlett Packard Enterprise Co provide insights into the company's ability to meet its long-term financial obligations. The debt-to-assets ratio has remained relatively stable around 0.22 to 0.24 over the past eight quarters, indicating that the company is utilizing a reasonable level of debt to finance its assets.
The debt-to-capital and debt-to-equity ratios show a similar trend, with slight fluctuations, but generally staying within a range of 0.37 to 0.40 and 0.58 to 0.67, respectively. These ratios suggest that Hewlett Packard Enterprise Co has been managing its debt levels in relation to its capital and equity positions, maintaining a balance between debt and equity financing.
The financial leverage ratio, which measures the company's overall debt levels relative to its equity, has shown some variability over the period, ranging from 2.70 to 2.88. This ratio highlights the extent to which Hewlett Packard Enterprise Co is reliant on debt financing to support its operations and growth.
Overall, the solvency ratios of Hewlett Packard Enterprise Co indicate a consistent approach to managing its debt levels and financial structure, with a focus on maintaining a healthy balance between debt and equity financing to support its long-term obligations.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 12.11 | 20.09 | 6.68 | 5.90 | 2.37 | 2.11 | 4.00 | 3.74 | 7.90 | 5.36 | 5.72 | 3.59 | -1.90 | -1.53 | -0.02 | -0.05 | 0.52 | 0.51 | 0.53 | 1.22 |
It appears that the table provided does not contain the specific data for Hewlett Packard Enterprise Co's interest coverage ratio in the mentioned quarters. Without this information, a comprehensive analysis of the interest coverage ratio trend for the company cannot be conducted. To perform a thorough assessment of Hewlett Packard Enterprise Co's interest coverage, one would need access to the data points related to earnings before interest and taxes (EBIT) and the interest expense for each quarter in question. This information is essential for calculating the interest coverage ratio, which indicates a company's ability to meet its interest obligations. Without the necessary details, a detailed analysis of Hewlett Packard Enterprise Co's interest coverage trend is not feasible.
See also:
Hewlett Packard Enterprise Co Solvency Ratios (Quarterly Data)