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Highwater Ethanol LLC (Highwater Ethanol LLC) Debt-to-Equity : 0.02 (As of Jan. 2024)


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What is Highwater Ethanol LLC Debt-to-Equity?

Highwater Ethanol LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.2 Mil. Highwater Ethanol LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.7 Mil. Highwater Ethanol LLC's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $64.4 Mil. Highwater Ethanol LLC's debt to equity for the quarter that ended in Jan. 2024 was 0.01.

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 Highwater Ethanol LLC's Debt-to-Equity or its related term are showing as below:

HEOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.21   Max: 0.57
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Highwater Ethanol LLC was 0.57. The lowest was 0.01. And the median was 0.21.

HEOL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs HEOL: 0.02

Highwater Ethanol LLC Debt-to-Equity Historical Data

The historical data trend for Highwater Ethanol LLC'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.

Highwater Ethanol LLC Debt-to-Equity Chart

Highwater Ethanol LLC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.29 0.08 0.02 0.01

Highwater Ethanol LLC Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 0.02 0.02 0.02 0.01 0.02

Competitive Comparison of Highwater Ethanol LLC's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.


Highwater Ethanol LLC's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Highwater Ethanol LLC's Debt-to-Equity falls into.



Highwater Ethanol LLC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Highwater Ethanol LLC's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Highwater Ethanol LLC'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.


Highwater Ethanol LLC  (GREY:HEOL) 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.


Highwater Ethanol LLC Debt-to-Equity Related Terms

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


Highwater Ethanol LLC (Highwater Ethanol LLC) Business Description

Traded in Other Exchanges
N/A
Address
24500 US Highway 14, P.O. Box 96, Lamberton, MN, USA, 56152
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
Executives
Gerald R Forsythe director 600 N BUFFALO GROVE RD, BUFFALO GROVE IL 60089
Mark Warren Pankonin director 23620 COUNTY ROAD 4 LAMBERTON MN 56152
David Richard Eis officer: Governor 26116 GARDEN AVE WABASSO MN 56293
Lucas Grant Schneider officer: Chief Financial Officer 2858 LINDEN AVENUE SLAYTON MN 56172
Luke T Spalj other: Govenor 1360 POST OAK BLVD, STE 2100, HOUSTON TX 77056
Scott A Brittenham director 4400 E. BROADWAY SUITE 600 TUSCON AZ 85711
Rex Roehl director 600 NORTH BUFFALO GROVE ROAD, SUITE 300 BUFFALO GROVE IL 60089
Mark W Peterson officer: CFO 712 W VICTORY LANE SIOUX FALLS SD 57108
Jason Ray Fink director 3903 COVEY TR MINNETRISTA MN 55375
George Michael Goblish director 32866 DAYTON AVENUE VESTA MN 56292
Ronald Eric Jorgenson director 33689 CO ROAD 4 JEFFERS MN 56145
Brian D Kletscher director, officer: CEO 26161 140TH ST LAMBERTON MN 56152
Michael John Landuyt director 13526 CAMP AVENUE WALNUT GROVE MN 56180
Todd Allen Reif director 123 SAVANNAH HEIGHTS BLVD LYND MN 56175
Monica Rose Anderson director 2736 211TH STREET WALNUT GROVE MN 56180

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