HNI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38 Mil. HNI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $540 Mil. HNI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $761 Mil.
HNI's debt to equity for the quarter that ended in Dec. 2023 was 0.76.
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 HNI's Debt-to-Equity or its related term are showing as below:
HNI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.46 Max: 0.76
Current: 0.76
During the past 13 years, the highest Debt-to-Equity Ratio of HNI was 0.76. The lowest was 0.40. And the median was 0.46.
HNI Debt-to-Equity Historical Data
The historical data trend for HNI'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.
|
HNI Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
0.44 |
0.43 |
0.47 |
0.49 |
0.76 |
|
HNI Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.49 |
0.51 |
1.05 |
0.88 |
0.76 |
Competitive Comparison
For the Business Equipment & Supplies subindustry, HNI'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.
HNI Debt-to-Equity Distribution
For the Industrial Products industry and Industrials sector, HNI's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where HNI's Debt-to-Equity falls into.
HNI Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
HNI's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
HNI's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.
HNI (HNI) Business Description
Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
Executives
| Steven M Bradford |
officer: Sr. VP, Gen. Counsel & Sec. |
408 EAST SECOND STREET, MUSCATINE IA 52761 |
| Jeffrey D Lorenger |
officer: VP, Gen. Counsel and Secretary |
408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761 |
| Vincent P Berger |
officer: President, Hearth & Home Tech |
7571 215TH STREET WEST, LAKEVILLE MN 55044 |
| Marshall H Bridges |
officer: VP and Chief Financial Officer |
408 EAST SECOND STREET, MUSCATINE IA 52761 |
| Michael J. Roch |
officer: CCO, WP & Health, Kimball Intl |
C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546 |
| Gregory A Meunier |
officer: Ex VP GL Ops, Kimball Intl |
1600 ROYAL ST, JASPER IN 47546 |
| Kourtney L Smith |
officer: COO, Kimball International |
1600 ROYAL STREET, JASPER IN 47549 |
| Larry B Porcellato |
director |
ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136 |
| Patrick D Hallinan |
director |
FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015 |
| Radhakrishna S Rao |
officer: Chief Info and Digital Officer |
600 EAST SECOND STREET, MUSCTAINE IA 52761 |
| Ronald V Waters |
director |
75 EAST ELM STREET, CHICAGO IL 60611 |
| Miguel M Calado |
director |
3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225 |
| Kurt A Tjaden |
officer: SVP HNI; President HNI Intl |
408 EAST SECOND STREET, MUSCATINE IA 52761 |
| Jason Dean Hagedorn |
officer: President, Allsteel Inc. |
600 EAST SECOND STREET, MUSCATINE IA 52761 |
| Donna D Meade |
officer: VP, Member Relations |
408 EAST SECOND STREET, MUSCATINE IA 52761 |
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