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Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) Debt-to-Equity : 1.27 (As of Dec. 2023)


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What is Hyster-Yale Materials Handling Debt-to-Equity?

Hyster-Yale Materials Handling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $253 Mil. Hyster-Yale Materials Handling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $241 Mil. Hyster-Yale Materials Handling's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $390 Mil. Hyster-Yale Materials Handling's debt to equity for the quarter that ended in Dec. 2023 was 1.27.

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 Hyster-Yale Materials Handling's Debt-to-Equity or its related term are showing as below:

HY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.52   Max: 2.71
Current: 1.27

During the past 13 years, the highest Debt-to-Equity Ratio of Hyster-Yale Materials Handling was 2.71. The lowest was 0.07. And the median was 0.52.

HY's Debt-to-Equity is ranked worse than
86.7% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.41 vs HY: 1.27

Hyster-Yale Materials Handling Debt-to-Equity Historical Data

The historical data trend for Hyster-Yale Materials Handling'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.

Hyster-Yale Materials Handling Debt-to-Equity Chart

Hyster-Yale Materials Handling Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.47 1.45 2.71 1.27

Hyster-Yale Materials Handling 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.19 1.87 1.68 1.27

Competitive Comparison of Hyster-Yale Materials Handling's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Hyster-Yale Materials Handling'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.


Hyster-Yale Materials Handling's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster-Yale Materials Handling's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hyster-Yale Materials Handling's Debt-to-Equity falls into.



Hyster-Yale Materials Handling Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hyster-Yale Materials Handling's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hyster-Yale Materials Handling'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.


Hyster-Yale Materials Handling  (NYSE:HY) 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.


Hyster-Yale Materials Handling Debt-to-Equity Related Terms

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


Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) Business Description

Traded in Other Exchanges
Address
5875 Landerbrook Drive, Suite 300, Cleveland, OH, USA, 44124-4069
Hyster-Yale Materials Handling Inc designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks and the products are market under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company operates through three geographical regions namely: the Americas, EMEA, JAPIC, of which Americas region accounts for the larger share of the revenue.
Executives
Susan Sichel other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Batcheler Colleen director ONE CONAGRA DRIVE, OMAHA NE 68102
Martha S Kelly other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Scott Minder officer: SVP & Chief Financial Officer 5875 LANDERBROOK, SUITE 300, CLEVELAND OH 44124
Jon C Taylor officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Gregory Breier officer: Vice President-Tax 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD OH 44124
Patric Schroeter officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Butler John C Jr other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Chairman 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Victoire G Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin director, other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124