Hallenstein Glassons Holdings (NZSE:HLG) Debt-to-Equity : 0.74 (As of Jan. 2024)

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What is Hallenstein Glassons Holdings Debt-to-Equity?

Hallenstein Glassons Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NZ$25.4 Mil. Hallenstein Glassons Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was NZ$51.0 Mil. Hallenstein Glassons Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was NZ$102.9 Mil. Hallenstein Glassons Holdings's debt to equity for the quarter that ended in Jan. 2024 was 0.74.

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 Hallenstein Glassons Holdings's Debt-to-Equity or its related term are showing as below:

NZSE:HLG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 0.86 Max: 1.05
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Hallenstein Glassons Holdings was 1.05. The lowest was 0.74. And the median was 0.86.

NZSE:HLG's Debt-to-Equity is ranked worse than
56.69% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs NZSE:HLG: 0.74

Hallenstein Glassons Holdings Debt-to-Equity Historical Data

The historical data trend for Hallenstein Glassons Holdings'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.

Hallenstein Glassons Holdings Debt-to-Equity Chart

Hallenstein Glassons Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.98

0.86

0.79

Hallenstein Glassons Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.79	0.86	0.82	0.79	0.74

Competitive Comparison of Hallenstein Glassons Holdings's Debt-to-Equity

For the Apparel Retail subindustry, Hallenstein Glassons Holdings'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.

Hallenstein Glassons Holdings's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hallenstein Glassons Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hallenstein Glassons Holdings's Debt-to-Equity falls into.

Hallenstein Glassons Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hallenstein Glassons Holdings's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(25.147	+	51.178)	/	96.321
	=	0.79

Hallenstein Glassons Holdings'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
	=	(25.361	+	51.034)	/	102.936
	=	0.74

Hallenstein Glassons Holdings (NZSE:HLG) 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.

Hallenstein Glassons Holdings Debt-to-Equity Related Terms

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Hallenstein Glassons Holdings (NZSE:HLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hallenstein Glassons Holdings Ltd (NZSE:HLG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

235 - 237 Broadway, P.O. Box 91148, Level 3, Newmarket, Auckland, NZL, 1023

Website

https://www.hallensteinglasson.co.nz

Hallenstein Glassons Holdings Ltd along with its subsidiaries is engaged in retailing men's and women's apparel. Its operating segment includes Glassons New Zealand; Glassons Australia; Hallenstein; Property and others. The company generates maximum revenue from the Glassons New Zealand segment.