HON (Honeywell International) Debt-to-Equity : 1.77 (As of Sep. 2024)

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What is Honeywell International Debt-to-Equity?

Honeywell International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4,895 Mil. Honeywell International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $25,934 Mil. Honeywell International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $17,406 Mil. Honeywell International's debt to equity for the quarter that ended in Sep. 2024 was 1.77.

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

HON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 1.01 Max: 1.77
Current: 1.77

During the past 13 years, the highest Debt-to-Equity Ratio of Honeywell International was 1.77. The lowest was 0.49. And the median was 1.01.

HON's Debt-to-Equity is ranked worse than
85.57% of 499 companies
in the Conglomerates industry
Industry Median: 0.57 vs HON: 1.77

Honeywell International Debt-to-Equity Historical Data

The historical data trend for Honeywell 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.

Honeywell International Debt-to-Equity Chart

Honeywell International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.90

1.32

1.11

1.23

1.36

Honeywell International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.18	1.36	1.54	1.65	1.77

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

For the Conglomerates subindustry, Honeywell 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.

Honeywell International's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Honeywell International's Debt-to-Equity distribution charts can be found below:

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

Honeywell International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Honeywell 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
	=	(4077	+	17459)	/	15856
	=	1.36

Honeywell International's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4895	+	25934)	/	17406
	=	1.77

Honeywell International (NAS:HON) 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.

Honeywell International Debt-to-Equity Related Terms

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Honeywell International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (NAS:HON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HON:Mexico 1HON:Italy ALDB:Germany ALD:Germany ALD:Germany ALD:Germany ALD:Germany HON:Canada HONB34:Brazil HON:Argentina

Address

855 South Mint Street, Charlotte, NC, USA, 28202

Website

https://www.honeywell.com

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.

Executives

Darius Adamczyk	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
James E Currier	officer: President & CEO, Aerospace	855 S. MINT STREET, CHARLOTTE NC 28202
Vimal Kapur	officer: President & CEO, HBT	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 07950
Billal Hammoud	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
George Koutsaftes	officer: President and CEO, SPS	855 S. MINT STREET, CHARLOTTE NC 28202
Karen Mattimore	officer: SrVP, HR and Communications	300 SOUTH TRYON STR, CHARLOTTE NC 28202
Lucian Boldea	officer: President and CEO, PMT	855 S. MINT STREET, CHARLOTTE NC 28202
Robin Watson	director	855 S. MINT STREET, CHARLOTTE NC 28202
Gregory P Lewis	officer: SVP & Chief Financial Officer	C/O HONEYWELL INTERNATIONAL INC., 300 SOUTH TRYON STREET, CHARLOTTE NC 28202
Kevin Dehoff	officer: President and CEO, HCE	855 S. MINT STREET, CHARLOTTE NC 28202
Rose Lee	director	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Que Dallara	officer: Pres/CEO -Connected Enterprise	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Doug Wright	officer: President & CEO, HBT	855 S. MINT STREET, CHARLOTTE NC 28202
D Scott Davis	director	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajeev Gautam	officer: Pres. and CEO, PMT	C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202