Hiro Brands (ASX:HRO) Debt-to-Equity : -0.18 (As of Dec. 2021)

View and export this data going back to 2016. Start your Free Trial

What is Hiro Brands Debt-to-Equity?

Hiro Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$0.13 Mil. Hiro Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was A$0.00 Mil. Hiro Brands's Total Stockholders Equity for the quarter that ended in Dec. 2021 was A$-0.69 Mil. Hiro Brands's debt to equity for the quarter that ended in Dec. 2021 was -0.18.

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 Hiro Brands's Debt-to-Equity or its related term are showing as below:

ASX:HRO's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Hiro Brands Debt-to-Equity Historical Data

The historical data trend for Hiro Brands'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.

Hiro Brands Debt-to-Equity Chart

Hiro Brands Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Debt-to-Equity

Get a 7-Day Free Trial

0.39

0.61

1.65

-0.39

-1.88

Hiro Brands Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Debt-to-Equity	Get a 7-Day Free Trial								1.65	-0.43	-0.39	-0.18	-1.88

Competitive Comparison of Hiro Brands's Debt-to-Equity

For the Household & Personal Products subindustry, Hiro Brands'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.

Hiro Brands's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hiro Brands's Debt-to-Equity distribution charts can be found below:

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

Hiro Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hiro Brands's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
	=	(4.302	+	0)	/	-2.293
	=	-1.88

Hiro Brands's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(0.126	+	0)	/	-0.688
	=	-0.18

Hiro Brands (ASX:HRO) 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.

Hiro Brands Debt-to-Equity Related Terms

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

Hiro Brands (ASX:HRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hiro Brands Ltd (ASX:HRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dalmore Drive, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.hirobrands.com

Hiro Brands Ltd provides a range of trusted and quality home care, personal care and cosmetic care products. The consumer products manufacturing includes ranges in skin and sun care, cosmetics, personal care, household cleaning. The company also markets a wide range of colour cosmetics and an impressive portfolio of exclusive distributor brands. Hiro brands include Organic Choice, Aware Sensitive, Orange Power, MUD, Ulta3, Billie Goat, Trix, Medi Manager and Actizyme.

Hiro Brands (ASX:HRO) Headlines

No Headlines