Heron Lake BioEnergy LLC (Heron Lake BioEnergy LLC) Debt-to-Equity : 0.47 (As of Jul. 2021)

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What is Heron Lake BioEnergy LLC Debt-to-Equity?

Heron Lake BioEnergy LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2021 was $3.1 Mil. Heron Lake BioEnergy LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2021 was $14.2 Mil. Heron Lake BioEnergy LLC's Total Stockholders Equity for the quarter that ended in Jul. 2021 was $36.9 Mil. Heron Lake BioEnergy LLC's debt to equity for the quarter that ended in Jul. 2021 was 0.47.

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 Heron Lake BioEnergy LLC's Debt-to-Equity or its related term are showing as below:

HLBYL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 2.69
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Heron Lake BioEnergy LLC was 2.69. The lowest was 0.02. And the median was 0.17.

HLBYL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs HLBYL: 0.02

Heron Lake BioEnergy LLC Debt-to-Equity Historical Data

The historical data trend for Heron Lake BioEnergy LLC'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.

Heron Lake BioEnergy LLC Debt-to-Equity Chart

Heron Lake BioEnergy LLC Annual Data

Trend

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.02

0.01

0.66

Heron Lake BioEnergy LLC Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.66	0.99	0.88	0.47

Competitive Comparison of Heron Lake BioEnergy LLC's Debt-to-Equity

For the Oil & Gas E&P subindustry, Heron Lake BioEnergy LLC'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.

Heron Lake BioEnergy LLC's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Heron Lake BioEnergy LLC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Heron Lake BioEnergy LLC's Debt-to-Equity falls into.

Heron Lake BioEnergy LLC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heron Lake BioEnergy LLC's Debt to Equity Ratio for the fiscal year that ended in Oct. 2020 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
	=	(13.529	+	8.243)	/	33.125
	=	0.66

Heron Lake BioEnergy LLC's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(3.063	+	14.174)	/	36.862
	=	0.47

Heron Lake BioEnergy LLC (GREY:HLBYL) 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.

Heron Lake BioEnergy LLC Debt-to-Equity Related Terms

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Heron Lake BioEnergy LLC (Heron Lake BioEnergy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Heron Lake BioEnergy LLC (GREY:HLBYL) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

91246 390th Avenue, Heron Lake, MN, USA, 56137-1375

Website

http://www.heronlakebioenergy.com

Heron Lake BioEnergy LLC owns and operates an ethanol plant near Heron Lake, Minnesota. It also produces and sells distillers grains with solubles and corn oil as co-products of ethanol production. It operates through two segments, Ethanol Production, and Natural Gas Pipeline. It derives a majority of revenue through the Ethanol Production segment which includes the company's operations at its ethanol plant, including the production and sale of ethanol and its co-products. The business activity is primarily functioned through the region of the United States.

Heron Lake BioEnergy LLC (Heron Lake BioEnergy LLC) Headlines

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