Hill (TSXV:HILL) Debt-to-Equity : 3.72 (As of Mar. 2024)

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What is Hill Debt-to-Equity?

Hill's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.08 Mil. Hill's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.56 Mil. Hill's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.71 Mil. Hill's debt to equity for the quarter that ended in Mar. 2024 was 3.72.

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

TSXV:HILL' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.82 Med: 1.08 Max: 4.56
Current: 3.72

During the past 8 years, the highest Debt-to-Equity Ratio of Hill was 4.56. The lowest was -3.82. And the median was 1.08.

TSXV:HILL's Debt-to-Equity is ranked worse than
96.94% of 98 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.255 vs TSXV:HILL: 3.72

Hill Debt-to-Equity Historical Data

The historical data trend for Hill'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.

Hill Debt-to-Equity Chart

Hill Annual Data

Trend

Apr16

Apr17

Apr18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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4.56

0.55

0.88

1.55

Hill Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.01	1.55	2.03	2.58	3.72

Competitive Comparison of Hill's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Hill'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.

Hill's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hill's Debt-to-Equity distribution charts can be found below:

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

Hill Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hill's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.168	+	2.361)	/	1.634
	=	1.55

Hill's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.082	+	2.555)	/	0.709
	=	3.72

Hill (TSXV:HILL) 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.

Hill Debt-to-Equity Related Terms

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Hill Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hill Inc (TSXV:HILL) » Definitions » Debt-to-Equity

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HSEEF:USA

Address

2410 Lucknow Drive, Unit No. 31, Mississauga, ON, CAN, L5S 1V1

Website

https://www.hillincorporated.com

Hill Inc utilizes technologies to provide innovative cannabis solutions and non-alcoholic beverage products globally. It is currently developing the platform for North American distribution around its DehydraTECH patent portfolio for product development, licensing, and B2B sales of cannabis ingredients.

Executives

Matthew Jewell

Senior Officer