hipages Group Holdings (ASX:HPG) Debt-to-Equity : 0.27 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is hipages Group Holdings Debt-to-Equity?

hipages Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.52 Mil. hipages Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$8.94 Mil. hipages Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$38.72 Mil. hipages Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

ASX:HPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.34 Max: 0.4
Current: 0.27

During the past 4 years, the highest Debt-to-Equity Ratio of hipages Group Holdings was 0.40. The lowest was 0.23. And the median was 0.34.

ASX:HPG's Debt-to-Equity is ranked worse than
55.86% of 2202 companies
in the Software industry
Industry Median: 0.2 vs ASX:HPG: 0.27

hipages Group Holdings Debt-to-Equity Historical Data

The historical data trend for hipages Group 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.

hipages Group Holdings Debt-to-Equity Chart

hipages Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.24

0.37

0.34

hipages Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.40	0.37	0.36	0.34	0.27

Competitive Comparison of hipages Group Holdings's Debt-to-Equity

For the Software - Application subindustry, hipages Group 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.

hipages Group Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, hipages Group Holdings's Debt-to-Equity distribution charts can be found below:

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

hipages Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

hipages Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(2.149	+	9.563)	/	34.2
	=	0.34

hipages Group 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
	=	(1.52	+	8.938)	/	38.722
	=	0.27

hipages Group Holdings (ASX:HPG) 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.

hipages Group Holdings Debt-to-Equity Related Terms

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

hipages Group Holdings (ASX:HPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » hipages Group Holdings Ltd (ASX:HPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Pitt Street, Level 10, Sydney, NSW, AUS, 2000

Website

https://www.hipagesgroup.com.au

hipages Group Holdings Ltd is an online platform and software as a service provider that aims to connect tradies and consumers in order to resolve difficulties that come with organizing and coordinating home improvement jobs. The platform provides an efficient, technology-driven model to connect consumers with qualified tradies, and facilitates the management of other elements of the home improvement process, such as communication, payment, and ratings and recommendations. The company has two segments, Australia (hipages online tradie platform), and New Zealand (Builderscrack online tradie platform). The company generates the majority of its revenue from Australia.

hipages Group Holdings (ASX:HPG) Headlines

No Headlines