Haynes International (Haynes International) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Haynes International Debt-to-Equity?

Haynes International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Haynes International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $110.1 Mil. Haynes International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $442.1 Mil. Haynes International's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Haynes International's Debt-to-Equity or its related term are showing as below:

HAYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.27
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Haynes International was 0.27. The lowest was 0.00. And the median was 0.01.

HAYN's Debt-to-Equity is ranked better than
54.37% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs HAYN: 0.25

Haynes International Debt-to-Equity Historical Data

The historical data trend for Haynes International's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Haynes International Debt-to-Equity Chart

Haynes International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.01

0.20

0.27

Haynes International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.27	0.24	0.27	0.25

Competitive Comparison of Haynes International's Debt-to-Equity

For the Metal Fabrication subindustry, Haynes International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Haynes International's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haynes International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haynes International's Debt-to-Equity falls into.

Haynes International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haynes International's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.302	+	115.205)	/	434.324
	=	0.27

Haynes International's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	110.141)	/	442.056
	=	0.25

Haynes International (NAS:HAYN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Haynes International Debt-to-Equity Related Terms

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Haynes International (Haynes International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haynes International Inc (NAS:HAYN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HYVN:Germany

Address

1020 West Park Avenue, Kokomo, IN, USA, 46904-9013

Website

https://www.haynesintl.com

Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.

Executives

Lee M Pike	officer: VP - Research and Technology	1020 WEST PARK AVENUE, KOKOMO IN 46904
Susan Perry	officer: VP, HUMAN RESOURCES	1020 WEST PARK AVENUE, KOKOMO IN 46904
Brian R Shelton	director	67 GLENMOOR DRIVE, ENGLEWOOD CO 80113
Alicia B Masse	director	1020 WEST PARK AVENUE, PO BOX 9013, KOKOMO IN 46904-9013
Scott R Pinkham	officer: V.P. - Manufacturing Planning	1020 WEST PARK AVENUE, KOKOMO IN 46904
Losch Marlin C Iii	officer: V.P. - International Sales	14634 BEACON BOULEVARD, CARMEL IN 46032
Van Bibber David Sean	officer: Controller, Chief Acctng Oficr	C/O HAYNES INTERNATIONAL, INC., 1020 WEST PARK AVE., P.O. BOX 9013, KOKOMO IN 46904
Angela Kohlheim	officer: General Counsel	1020 WEST PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Venkat Ishwar	officer: VP - Technology	1020 WEST PARK AVENUE, KOKOMO IN 46904
Donald C Campion	director	3747 LOCH BEND DR., COMMERCE MI 48382
Michael L Shor	director, officer: President and CEO	CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
David L Strobel	officer: VP Operations	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Janice Catherine Wilken	officer: VP-General Counsel & Secretary	1020 W. PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Robert Getz	director	830 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10022
Larry O Spencer	director	2000 N M-63, BENTON HARBOR MI 49022