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Heico (HEI.A) Debt-to-Asset : 0.30 (As of Jul. 2024)


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What is Heico Debt-to-Asset?

Heico's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $4 Mil. Heico's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $2,255 Mil. Heico's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jul. 2024 was $7,422 Mil. Heico's debt to asset for the quarter that ended in Jul. 2024 was 0.30.

Heico Debt-to-Asset Historical Data

The historical data trend for Heico's Debt-to-Asset 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.

Heico Debt-to-Asset Chart

Heico Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.21 0.07 0.07 0.35

Heico Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Debt-to-Asset 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 0.22 0.35 0.34 0.32 0.30

Competitive Comparison of Heico's Debt-to-Asset

For the Aerospace & Defense subindustry, Heico's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Heico's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Heico's Debt-to-Asset falls into.


Heico Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Heico's Debt-to-Asset for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(38.304 + 2460.277) / 7195.063
=0.35

Heico's Debt-to-Asset for the quarter that ended in Jul. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(4.208 + 2254.889) / 7422.436
=0.30

* 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.

Heico  (NYSE:HEI.A) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Heico Debt-to-Asset Related Terms

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Heico Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heico Corp (NYSE:HEI.A) » Definitions » Debt-to-Asset
Comparable Companies
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Traded in Other Exchanges
HEI:USA 0J46:UK HC1A:Germany HC1:Germany HC1:Germany H1EI34:Brazil
Address
3000 Taft Street, Hollywood, FL, USA, 33021
Website
https://www.heico.com
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.