GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson Far East Income Ltd (LSE:HFEL) » Definitions » Debt-to-Equity

Henderson Far Eastome (LSE:HFEL) Debt-to-Equity : 0.10 (As of Feb. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Henderson Far Eastome Debt-to-Equity?

Henderson Far Eastome's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £0.00 Mil. Henderson Far Eastome's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was £35.58 Mil. Henderson Far Eastome's Total Stockholders Equity for the quarter that ended in Feb. 2024 was £368.58 Mil. Henderson Far Eastome's debt to equity for the quarter that ended in Feb. 2024 was 0.10.

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 Henderson Far Eastome's Debt-to-Equity or its related term are showing as below:

LSE:HFEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.11
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Henderson Far Eastome was 0.11. The lowest was 0.02. And the median was 0.07.

LSE:HFEL's Debt-to-Equity is ranked better than
68.45% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:HFEL: 0.10

Henderson Far Eastome Debt-to-Equity Historical Data

The historical data trend for Henderson Far Eastome'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.

Henderson Far Eastome Debt-to-Equity Chart

Henderson Far Eastome Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.02 0.06 0.04 0.08

Henderson Far Eastome Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.08 0.04 0.09 0.08 0.10

Competitive Comparison of Henderson Far Eastome's Debt-to-Equity

For the Asset Management subindustry, Henderson Far Eastome'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.


Henderson Far Eastome's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Henderson Far Eastome's Debt-to-Equity falls into.



Henderson Far Eastome Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henderson Far Eastome's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Henderson Far Eastome's Debt to Equity Ratio for the quarter that ended in Feb. 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.


Henderson Far Eastome  (LSE:HFEL) 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.


Henderson Far Eastome Debt-to-Equity Related Terms

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


Henderson Far Eastome (LSE:HFEL) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Far East Income Ltd is a closed end investment company. Its investment objective is to provide investors with a high level of dividends as well as capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese, and Indian stock markets. The company mainly invests in listed equities including preference shares, debt, convertible securities, warrants and other equity related securities as well as in unlisted securities which invest in collective investment schemes. It may use derivatives and other instruments to enhance income and to protect the value of the portfolio. The company's majority of its revenue comprises interest income and dividend income earned from an investment portfolio.

Henderson Far Eastome (LSE:HFEL) Headlines

No Headlines