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: 0.36 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

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-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															-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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.785	+	0.59)	/	-0.092
	=	-14.95

HNO International's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(0.785	+	0.59)	/	-0.489
	=	-2.81

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HNO International Inc (OTCPK:HNOI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562

Website

https://www.hnointernational.com

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

HNO International (HNO International) Headlines

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