HPCO (Hempacco Co) Debt-to-Equity: -37.30 (As of Dec. 2023)

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What is Hempacco Co Debt-to-Equity?

Hempacco Co HPCO Debt-to-Equity is -37.30 as of Dec. 2023.

Hempacco Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.79 Mil. Hempacco Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.93 Mil. Hempacco Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.37 Mil. Hempacco Co's debt to equity for the quarter that ended in Dec. 2023 was -37.30.

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 Hempacco Co's Debt-to-Equity or its related term are showing as below:

HPCO's Debt-to-Equity is not ranked *
in the Tobacco Products industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

Hempacco Co  (OTCPK:HPCO) 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.

Hempacco Co Debt-to-Equity Related Terms

Hempacco Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Debt-to-Equity Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.98 0.80 0.09 -37.30

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.05 0.07 0.42 -37.30

HPCO vs PM, MO: Debt-to-Equity Comparison

For the Tobacco subindustry, Hempacco Co'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.

Hempacco Co Debt-to-Equity vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Debt-to-Equity distribution charts can be found below:

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


Hempacco Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hempacco Co'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
=(7.794 + 5.931) / -0.368
=-37.30

Hempacco Co's Debt to Equity Ratio for the quarter 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
=(7.794 + 5.931) / -0.368
=-37.30

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -37.30 mean?
Hempacco Co (HPCO) has a Debt-to-Equity of -37.30 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Debt-to-Equity too high?
Hempacco Co's current Debt-to-Equity is -37.30.
How does Hempacco Co's Debt-to-Equity compare to PM and MO?
Hempacco Co's Debt-to-Equity of -37.30 can be compared against companies in the Tobacco Products industry. The industry median Debt-to-Equity is 0.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Tobacco Products company?
The median Debt-to-Equity among Tobacco Products companies is 0.37, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hempacco Co and its competitors. For the Tobacco Products industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hempacco Co's current Debt-to-Equity is -37.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Debt-to-Equity of -37.30. The current Debt-to-Equity is -37.30. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hempacco Co (HPCO), the current Debt-to-Equity is -37.30 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.