HAL Trust (XAMS:HAL) Debt-to-Equity : 0.35 (As of Dec. 2023)

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What is HAL Trust Debt-to-Equity?

HAL Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,661 Mil. HAL Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,178 Mil. HAL Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €13,676 Mil. HAL Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.35.

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 HAL Trust's Debt-to-Equity or its related term are showing as below:

XAMS:HAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.48 Max: 0.85
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of HAL Trust was 0.85. The lowest was 0.35. And the median was 0.48.

XAMS:HAL's Debt-to-Equity is ranked worse than
62.34% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs XAMS:HAL: 0.35

HAL Trust Debt-to-Equity Historical Data

The historical data trend for HAL Trust'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.

HAL Trust Debt-to-Equity Chart

HAL Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.52

0.39

0.48

0.35

HAL Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.43	0.48	0.42	0.35

Competitive Comparison of HAL Trust's Debt-to-Equity

For the Asset Management subindustry, HAL Trust'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.

HAL Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HAL Trust's Debt-to-Equity distribution charts can be found below:

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

HAL Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HAL Trust's Debt to Equity Ratio for the fiscal year 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
	=	(1660.9	+	3178.2)	/	13675.6
	=	0.35

HAL Trust'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
	=	(1660.9	+	3178.2)	/	13675.6
	=	0.35

HAL Trust (XAMS:HAL) 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.

HAL Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of HAL Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

HAL Trust (XAMS:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HAL Trust (XAMS:HAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HALFF:USA 0K9V:UK HA4:Germany

Address

Johan van Walbeeckplein 11A, Willemstad, CUW

Website

https://www.halholding.com

HAL Trust is the sole shareholder of HAL Holding N.V., an investment portfolio company with holdings primarily located in the Netherlands. The company seeks to build value through activist participation in its acquisitions and commits capital without a predetermined investment horizon. It operates through unquoted; quoted minority interests; real estate; and liquid portfolio segments. The unquoted and quoted minority interest segments are the top two contributing segments to the trust's revenue. Over half of the trust's revenue is generated on the European continent.