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Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Equity-to-Asset : 0.37 (As of Jan. 2024)


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What is Hewlett Packard Enterprise Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hewlett Packard Enterprise Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $21,416 Mil. Hewlett Packard Enterprise Co's Total Assets for the quarter that ended in Jan. 2024 was $58,602 Mil. Therefore, Hewlett Packard Enterprise Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.37.

The historical rank and industry rank for Hewlett Packard Enterprise Co's Equity-to-Asset or its related term are showing as below:

HPE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.37   Max: 0.59
Current: 0.37

During the past 12 years, the highest Equity to Asset Ratio of Hewlett Packard Enterprise Co was 0.59. The lowest was 0.28. And the median was 0.37.

HPE's Equity-to-Asset is ranked worse than
79.35% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs HPE: 0.37

Hewlett Packard Enterprise Co Equity-to-Asset Historical Data

The historical data trend for Hewlett Packard Enterprise Co's Equity-to-Asset 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.

Hewlett Packard Enterprise Co Equity-to-Asset Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.30 0.35 0.35 0.37

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset 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 0.36 0.37 0.37 0.37 0.37

Competitive Comparison of Hewlett Packard Enterprise Co's Equity-to-Asset

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Hewlett Packard Enterprise Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's Equity-to-Asset falls into.



Hewlett Packard Enterprise Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Hewlett Packard Enterprise Co's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=21182/57153
=0.37

Hewlett Packard Enterprise Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=21416/58602
=0.37

* 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.


Hewlett Packard Enterprise Co  (NYSE:HPE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Hewlett Packard Enterprise Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hewlett Packard Enterprise Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hewlett Packard Enterprise Co (Hewlett Packard Enterprise Co) Business Description

Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
Executives
Jeremy Cox officer: SVP Controller and CTO 3000 HANOVER STREET, PALO ALTO CA 94304
Phil Mottram officer: President, Intelligent Edge 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Kirt P Karros officer: SVP, Finance & Treasurer 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130
Justin Hotard officer: SVP, GM, HPC and AI 11445 COMPAQ CENTER DRIVE WEST, HOUSTON TX 77070
Neil B Macdonald officer: SVP, GM of Compute 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Fidelma Russo officer: EVP, GM, HC and CTO C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
John F Schultz officer: EVP, COLO C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Gerri Gold officer: EVP, Pres & CEO Financial Serv 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Alan Richard May officer: EVP, Chief People Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Antonio F Neri officer: President and CEO 3000 HANOVER STREET, PALO ALTO CA 94304
Black Thomas E Jr officer: SVP, GM of Storage 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Tarek Robbiati officer: EVP & CFO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Jean M. Hobby director 10000 WEHRLE DRIVE, CLARENCE NY 14031
Frank A Damelio director C/O PFIZER INC., 235 EAST 42ND ST., NEW YORK NY 10017