HESAY (Hermes International) Debt-to-Equity : 0.15 (As of Jun. 2024)

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What is Hermes International Debt-to-Equity?

Hermes International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $329 Mil. Hermes International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2,018 Mil. Hermes International's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $16,202 Mil. Hermes International's debt to equity for the quarter that ended in Jun. 2024 was 0.14.

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 Hermes International's Debt-to-Equity or its related term are showing as below:

HESAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.25
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Hermes International was 0.25. The lowest was 0.01. And the median was 0.15.

HESAY's Debt-to-Equity is ranked better than
81.06% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs HESAY: 0.15

Hermes International Debt-to-Equity Historical Data

The historical data trend for Hermes International'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.

Hermes International Debt-to-Equity Chart

Hermes International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.23

0.19

0.16

0.14

Hermes International 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															0.20	0.16	0.15	0.14	0.15

Competitive Comparison of Hermes International's Debt-to-Equity

For the Luxury Goods subindustry, Hermes International'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.

Hermes International's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hermes International's Debt-to-Equity distribution charts can be found below:

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

Hermes International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hermes International's Debt to Equity Ratio for the fiscal year 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
	=	(316.249	+	1930.207)	/	16579.062
	=	0.14

Hermes International'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
	=	(329.386	+	2018.299)	/	16202.368
	=	0.14

Hermes International (OTCPK:HESAY) 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.

Hermes International Debt-to-Equity Related Terms

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Hermes International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HESAF:USA RMS:Mexico RMSp:UK 0HV2:UK RMS:France HMI:Germany

Address

24 rue du Faubourg Saint Honore, Paris, FRA, 75008

Website

https://www.hermes.com

Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around 40% of revenue; clothes and accessories (29% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally.