HP Inc (HPQ)
Debt-to-equity ratio
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 8,263,000 | 9,254,000 | 10,796,000 | 6,386,000 | 5,543,000 |
| Total stockholders’ equity | US$ in thousands | -1,323,000 | -1,069,000 | -3,025,000 | -1,644,000 | -2,275,000 |
| Debt-to-equity ratio | — | — | — | — | — |
October 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $8,263,000K ÷ $-1,323,000K
= —
The debt-to-equity ratio for HP Inc is not provided in the table. The debt-to-equity ratio is a measure of a company's financial leverage, indicating the proportion of debt financing compared to equity financing. A higher debt-to-equity ratio typically suggests higher financial risk, as it shows that the company is relying more on debt to finance its operations. On the other hand, a lower ratio indicates lower risk and a stronger financial position. Without the specific values for each year, it is difficult to assess HP Inc's debt-to-equity ratio trend over the years to evaluate its financial leverage and risk profile. It would be beneficial to obtain the actual values to conduct a detailed analysis of the company's capital structure.
Peer comparison
Oct 31, 2024