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Hargreaves Lansdown (Hargreaves Lansdown) Debt-to-EBITDA

: 0.03 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Hargreaves Lansdown's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.6 Mil. Hargreaves Lansdown's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.3 Mil. Hargreaves Lansdown's annualized EBITDA for the quarter that ended in Dec. 2023 was $481.0 Mil. Hargreaves Lansdown's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.03.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hargreaves Lansdown's Debt-to-EBITDA or its related term are showing as below:

HRGLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.06
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hargreaves Lansdown was 0.06. The lowest was 0.03. And the median was 0.06.

HRGLY's Debt-to-EBITDA is ranked better than
93.53% of 371 companies
in the Asset Management industry
Industry Median: 1.22 vs HRGLY: 0.03

Hargreaves Lansdown Debt-to-EBITDA Historical Data

The historical data trend for Hargreaves Lansdown's Debt-to-EBITDA 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 Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.06 0.05 0.06 0.03

Hargreaves Lansdown Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA 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 0.06 0.07 0.04 0.03 0.03

Competitive Comparison

For the Asset Management subindustry, Hargreaves Lansdown's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution

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

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



Hargreaves Lansdown Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hargreaves Lansdown's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.808 + 9.596) / 528.283
=0.03

Hargreaves Lansdown's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.57 + 7.342) / 481.012
=0.03

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Hargreaves Lansdown  (OTCPK:HRGLY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hargreaves Lansdown Debt-to-EBITDA Related Terms

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


Hargreaves Lansdown (Hargreaves Lansdown) Business Description

Traded in Other Exchanges
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. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.

Hargreaves Lansdown (Hargreaves Lansdown) Headlines

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