HMC Capital (ASX:HMC) Debt-to-Equity : 0.15 (As of Dec. 2024)

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What is HMC Capital Debt-to-Equity?

HMC Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$130.4 Mil. HMC Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$124.5 Mil. HMC Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$1,697.5 Mil. HMC Capital's debt to equity for the quarter that ended in Dec. 2024 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 HMC Capital's Debt-to-Equity or its related term are showing as below:

ASX:HMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: 0.69
Current: 0.15

During the past 6 years, the highest Debt-to-Equity Ratio of HMC Capital was 0.69. The lowest was 0.00. And the median was 0.18.

ASX:HMC's Debt-to-Equity is ranked better than
92.74% of 716 companies
in the REITs industry
Industry Median: 0.79 vs ASX:HMC: 0.15

HMC Capital Debt-to-Equity Historical Data

The historical data trend for HMC Capital'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.

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HMC Capital Debt-to-Equity Chart

HMC Capital Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.69

0.36

0.01

0.09

0.17

HMC Capital Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial							0.19	0.09	0.14	0.17	0.15

Competitive Comparison of HMC Capital's Debt-to-Equity

For the REIT - Diversified subindustry, HMC Capital'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.

HMC Capital's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HMC Capital's Debt-to-Equity distribution charts can be found below:

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

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HMC Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HMC Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(200	+	2)	/	1222.9
	=	0.17

HMC Capital's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(130.4	+	124.5)	/	1697.5
	=	0.15

HMC Capital (ASX:HMC) 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.

HMC Capital Debt-to-Equity Related Terms

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HMC Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HMC Capital Ltd (ASX:HMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HMCLF:USA

Address

1 Macquarie Place, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Real Estate which comprises of HMC Capital managed HomeCo Daily Needs REIT, HealthCo Healthcare and Wellness REIT, HMC Wholesale Healthcare Fund and the Last Mile Logistics Fund; Private Equity which includes the HMC Capital Partners Fund I, a high conviction strategic stakes fund; and Corporate properties which includes unallocated costs and Capital Solutions activities which includes short term investments undertaken relating to non-HMC managed funds. It generates maximum revenue from the Real Estate segment. The company portfolio comprises mainly retail and services centers.