Helios Technologies (Helios Technologies) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Helios Technologies Debt-to-Equity?

Helios Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $23.2 Mil. Helios Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $498.1 Mil. Helios Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $854.6 Mil. Helios Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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 Helios Technologies's Debt-to-Equity or its related term are showing as below:

HLIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.6 Max: 0.76
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Helios Technologies was 0.76. The lowest was 0.43. And the median was 0.60.

HLIO's Debt-to-Equity is ranked worse than
72.37% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs HLIO: 0.61

Helios Technologies Debt-to-Equity Historical Data

The historical data trend for Helios Technologies'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.

Helios Technologies Debt-to-Equity Chart

Helios Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.76

0.63

0.56

0.61

Helios Technologies 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	Get a 7-Day Free Trial															0.56	0.65	0.65	0.65	0.61

Competitive Comparison of Helios Technologies's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Helios Technologies'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.

Helios Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Helios Technologies's Debt-to-Equity distribution charts can be found below:

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

Helios Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Helios Technologies'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
	=	(23.2	+	498.1)	/	854.6
	=	0.61

Helios Technologies'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
	=	(23.2	+	498.1)	/	854.6
	=	0.61

Helios Technologies (NYSE:HLIO) 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.

Helios Technologies Debt-to-Equity Related Terms

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

Helios Technologies (Helios Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Helios Technologies Inc (NYSE:HLIO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SH7:Germany

Address

7456 16th Street E, Sarasota, FL, USA, 34243

Website

https://www.heliostechnologies.com

Helios Technologies Inc is a United States-based industrial technology company that develops, manufactures, and markets solutions for the hydraulics and electronics markets. It operates under two business segments: Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic cartridge valves, hydraulic quick release couplings as well as engineers complete hydraulic systems. The Electronics segment designs and manufactures customized electronic controls systems and displays for a variety of end markets including industrial and mobile, recreational and health and wellness.

Executives

Sean Bagan	officer: Chief Financial Officer	C/O HELIOS TECHNOLOGIES, INC., 7456 16TH STREET EAST, SARASOTA FL 34243
Philippe Lemaitre	director	7456 16TH STREET EAST, SARASOTA FL 34243
Frederick Joseph Martich	officer: Pres. of Hydraulics, Americas	C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Lee Francis Wichlacz	officer: President, Electronics	C/O HELIOS TECHNOLOGIES, INC., 7456 16TH ST E, SARASOTA FL 34243
Diana Sacchi	director	2227 WELBILT BLVD, NEW PORT RICHEY FL 34655
Marc A Greenberg	officer: General Counsel and Secretary	7456 16TH STREET EAST, SARASOTA FL 34243
Melanie M Nealis	officer: Chief Legal & Compliance Offic	7456 16TH STREET EAST, SARASOTA FL 34243
Marc Bertoneche	director	7456 16TH STREET EAST, SARASOTA FL 33316
Tricia L Fulton	officer: Chief Financial Officer	7456 16TH STREET EAST, SARASOTA FL 34243
Matteo Arduini	officer: Officer	7456 16TH STREET EAST, SARASOTA FL 34243
Jason Lemar Morgan	officer: President, CVT	1500 WEST UNIVERSITY PKWY, SARASOTA FL 34243
Josef Matosevic	officer: President and CEO	1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Cary Chenanda	director	7456 16TH STREET EAST, SARASOTA FL 34243
Gregory C Yadley	director	101 E. KENNEDY BLVD., SUITE 2800, TAMPA FL 33602
Alexander Schuetz	director	7456 16TH STREET EAST, SARASOTA FL 34243