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HNO International (HNO International) Debt-to-Equity : -2.81 (As of Jan. 2024)


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What is HNO International Debt-to-Equity?

HNO International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.79 Mil. HNO International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.59 Mil. HNO International's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.49 Mil. HNO International's debt to equity for the quarter that ended in Jan. 2024 was -2.81.

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 HNO International's Debt-to-Equity or its related term are showing as below:

HNOI' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.95   Med: -1.95   Max: 4.81
Current: -2.81

During the past 7 years, the highest Debt-to-Equity Ratio of HNO International was 4.81. The lowest was -14.95. And the median was -1.95.

HNOI's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.38 vs HNOI: -2.81

HNO International Debt-to-Equity Historical Data

The historical data trend for HNO 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.

HNO International Debt-to-Equity Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial - - - -1.09 -14.95

HNO International Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.09 N/A 4.81 -14.95 -2.81

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

For the Financial Data & Stock Exchanges subindustry, HNO 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.


HNO International's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HNO International's Debt-to-Equity distribution charts can be found below:

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



HNO International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

HNO International's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


HNO International  (OTCPK:HNOI) 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.


HNO International Debt-to-Equity Related Terms

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


HNO International (HNO International) Business Description

Traded in Other Exchanges
N/A
Address
41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.
Executives
Hossein Haririnia director, officer: Treasurer 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller officer: President, CEO and Secretary 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens director, 10 percent owner 42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker director 3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2

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