Hawaiian Holdings (Hawaiian Holdings) Debt-to-Equity

: 21.35 (As of Dec. 2023)

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Hawaiian Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $137 Mil. Hawaiian Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,900 Mil. Hawaiian Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $95 Mil. Hawaiian Holdings's debt to equity for the quarter that ended in Dec. 2023 was 21.35.

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

HA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 2.27 Max: 21.35
Current: 21.35

During the past 13 years, the highest Debt-to-Equity Ratio of Hawaiian Holdings was 21.35. The lowest was 0.68. And the median was 2.27.

HA's Debt-to-Equity is ranked worse than
99.21% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs HA: 21.35

Hawaiian Holdings Debt-to-Equity Historical Data

The historical data trend for Hawaiian 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.

Hawaiian Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.26

3.13

4.27

6.48

21.35

Hawaiian Holdings 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																6.48	9.06	9.28	11.45	21.35

Competitive Comparison

For the Airlines subindustry, Hawaiian 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.

Hawaiian Holdings Debt-to-Equity Distribution

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

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

Hawaiian Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hawaiian Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(137.242	+	1900.387)	/	95.425
	=	21.35

Hawaiian Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(137.242	+	1900.387)	/	95.425
	=	21.35

Hawaiian Holdings (NAS:HA) 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.

Hawaiian Holdings Debt-to-Equity Related Terms

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

Hawaiian Holdings (Hawaiian Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hawaiian Holdings Inc (NAS:HA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1HW:Germany 1HW:Germany

Address

3375 Koapaka Street, Suite G-350, Honolulu, HI, USA, 96819

Website

https://www.hawaiianairlines.com

Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific, Australia, New Zealand, and Asia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program.

Executives

Aaron J Alter	officer: Exec VP & Chief Legal Officer	3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Avi Mannis	officer: See Remarks	C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Brent Overbeek	officer: EVP. Chief Revenue Officer	C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Crystal Rose	director	47-460 WAIHEE PLACE, KANEOHE HI 96744
Daniel W. Akins	director	C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Richard N Zwern	director	3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Jonathan D. Snook	officer: Executive VP and COO	3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
William S Swelbar	director	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET SUITE G, HONOLULU HI 96819
Wendy A. Beck	director	C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Craig Vosburg	director	2000 PURCHASE STREET, PURCHASE NY 10577
Mark D. Schneider	director	C/O HAWAIIAN HOLDINGS INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Donald J Carty	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Shannon Lei Okinaka	officer: SVP and Interim CFO	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Theodoros Panagiotoulias	officer: SVP - Global Sales & Alliances	C/O HAWAIIAN AIRLINES INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
H Jayne Hrdlicka	director	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819