Hargreaves Services (Hargreaves Services) Debt-to-Equity : 0.15 (As of Nov. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Hargreaves Services Debt-to-Equity?

Hargreaves Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $18.5 Mil. Hargreaves Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $17.3 Mil. Hargreaves Services's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $245.9 Mil. Hargreaves Services's debt to equity for the quarter that ended in Nov. 2023 was 0.15.

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 Hargreaves Services's Debt-to-Equity or its related term are showing as below:

HGRVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.31 Max: 0.66
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Hargreaves Services was 0.66. The lowest was 0.08. And the median was 0.31.

HGRVF's Debt-to-Equity is ranked better than
82.99% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs HGRVF: 0.15

Hargreaves Services Debt-to-Equity Historical Data

The historical data trend for Hargreaves Services'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.

Hargreaves Services Debt-to-Equity Chart

Hargreaves Services Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

Get a 7-Day Free Trial

0.31

0.36

0.08

0.10

0.18

Hargreaves Services Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.10	0.16	0.18	0.15

Competitive Comparison of Hargreaves Services's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.

Hargreaves Services's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Debt-to-Equity distribution charts can be found below:

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

Hargreaves Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hargreaves Services's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(19.365	+	26.016)	/	251.189
	=	0.18

Hargreaves Services's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(18.549	+	17.256)	/	245.914
	=	0.15

Hargreaves Services (OTCPK:HGRVF) 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.

Hargreaves Services Debt-to-Equity Related Terms

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

Hargreaves Services (Hargreaves Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hargreaves Services PLC (OTCPK:HGRVF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HSP.GB:UK HSP:UK

Address

West Terrace, Esh Winning, Durham, GBR, DH7 9PT

Website

https://www.hsgplc.co.uk

Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (Hargreaves Services) Headlines

No Headlines