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HRGLF (Hargreaves Lansdown) Debt-to-Equity : 0.01 (As of Jun. 2024)


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What is Hargreaves Lansdown Debt-to-Equity?

Hargreaves Lansdown's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5.6 Mil. Hargreaves Lansdown's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5.3 Mil. Hargreaves Lansdown's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $1,037.0 Mil. Hargreaves Lansdown's debt to equity for the quarter that ended in Jun. 2024 was 0.01.

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 Hargreaves Lansdown's Debt-to-Equity or its related term are showing as below:

HRGLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.04
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Hargreaves Lansdown was 0.04. The lowest was 0.01. And the median was 0.03.

HRGLF's Debt-to-Equity is ranked better than
99.9% of 974 companies
in the Asset Management industry
Industry Median: 0.19 vs HRGLF: 0.01

Hargreaves Lansdown Debt-to-Equity Historical Data

The historical data trend for Hargreaves Lansdown'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.

Hargreaves Lansdown Debt-to-Equity Chart

Hargreaves Lansdown Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.03 0.02 0.01

Hargreaves Lansdown 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.02 0.01 0.01

Competitive Comparison of Hargreaves Lansdown's Debt-to-Equity

For the Asset Management subindustry, Hargreaves Lansdown'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.


Hargreaves Lansdown's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hargreaves Lansdown's Debt-to-Equity distribution charts can be found below:

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


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Hargreaves Lansdown Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hargreaves Lansdown's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Hargreaves Lansdown's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Hargreaves Lansdown  (OTCPK:HRGLF) 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.


Hargreaves Lansdown Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Hargreaves Lansdown's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Hargreaves Lansdown Business Description

Traded in Other Exchanges
N/A
Address
Anchor Road, One College Square South, Bristol, GBR, BS1 5HL
Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. There is only one segment, being the direct wealth management service administering investments in ISA, SIPP and Fund & Share accounts, and providing cash management services for individuals and corporates in the United Kingdom The company's clients mostly comprise individual investors and corporate clients. It mainly earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue.

Hargreaves Lansdown Headlines