Humm Group (ASX:HUM) Debt-to-Equity : 8.15 (As of Jun. 2024)

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What is Humm Group Debt-to-Equity?

Humm Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$4,718.3 Mil. Humm Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.0 Mil. Humm Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$578.9 Mil. Humm Group's debt to equity for the quarter that ended in Jun. 2024 was 8.15.

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

ASX:HUM' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.99 Med: 3.63 Max: 8.15
Current: 8.15

During the past 13 years, the highest Debt-to-Equity Ratio of Humm Group was 8.15. The lowest was 2.99. And the median was 3.63.

ASX:HUM's Debt-to-Equity is ranked worse than
94.1% of 441 companies
in the Credit Services industry
Industry Median: 1.1 vs ASX:HUM: 8.15

Humm Group Debt-to-Equity Historical Data

The historical data trend for Humm Group'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.

Humm Group Debt-to-Equity Chart

Humm Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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3.94

3.20

4.85

6.44

8.15

Humm Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															4.85	5.51	6.44	7.86	8.15

Competitive Comparison of Humm Group's Debt-to-Equity

For the Credit Services subindustry, Humm Group'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.

Humm Group's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Humm Group's Debt-to-Equity distribution charts can be found below:

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

Humm Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Humm Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(4718.3	+	0)	/	578.9
	=	8.15

Humm Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(4718.3	+	0)	/	578.9
	=	8.15

Humm Group (ASX:HUM) 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.

Humm Group Debt-to-Equity Related Terms

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Humm Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Humm Group Ltd (ASX:HUM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Harrington Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.shophumm.com

Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.