HP Inc (HPQ)
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 | 8,263,000 | 8,229,000 | 9,327,000 | 9,301,000 | 9,254,000 | 9,236,000 | 10,360,000 | 10,337,000 | 10,796,000 | 10,294,000 | 8,304,000 | 6,368,000 | 6,386,000 | 6,898,000 | 4,917,000 | 4,939,000 | 5,543,000 | 5,981,000 | 3,941,000 | 3,932,000 |
| Total stockholders’ equity | US$ in thousands | -1,323,000 | -1,392,000 | -916,000 | -1,640,000 | -1,069,000 | -2,245,000 | -2,593,000 | -3,827,000 | -3,025,000 | -2,376,000 | -1,960,000 | -2,328,000 | -1,644,000 | -3,942,000 | -3,360,000 | -3,235,000 | -2,275,000 | -1,986,000 | -743,000 | -1,634,000 |
| 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. In order to analyze the trend and evaluate this ratio, it would be necessary to calculate it using the formula:
Debt-to-Equity Ratio = Total Debt / Total Shareholders' Equity
Analyzing the debt-to-equity ratio over time can provide insights into HP Inc's capital structure and financial leverage. A high ratio may indicate that the company is relying more on debt to finance its operations, which could lead to higher financial risk. Conversely, a low ratio may imply a conservative financial approach with less reliance on debt.
It would be beneficial to calculate and track this ratio across multiple periods to observe any trends or significant changes in the company's financial position and risk profile. Additionally, benchmarking HP Inc's ratio against industry peers can provide further context for interpreting its financial health.
Peer comparison
Oct 31, 2024