Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HP's Total Stockholders Equity for the quarter that ended in Apr. 2022 was $-1,898 Mil. HP's Total Assets for the quarter that ended in Apr. 2022 was $39,901 Mil.
Therefore, HP's Equity to Asset Ratio for the quarter that ended in Apr. 2022 was -0.05.
The historical rank and industry rank for HP's Equity-to-Asset or its related term are showing as below:
HPQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19 Med: 0.44 Max: 0.7
Current: -0.05
During the past 13 years, the highest Equity to Asset Ratio of HP was 0.70. The lowest was -0.19. And the median was 0.44.
HPQ's Equity-to-Asset is ranked worse than 97.33% of 2393
companies
in the Hardware industry
Industry Median: 0.55
vs HPQ: -0.05
HP Equity-to-Asset Historical Data
The historical data trend for HP'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.
HP Annual Data
Trend
Oct12
Oct13
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Equity-to-Asset
-0.10
-0.02
-0.04
-0.06
-0.04
HP Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Equity-to-Asset
-0.10
-0.11
-0.04
-0.06
-0.05
Competitive Comparison
For the Computer Hardware subindustry, HP'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.
HP Equity-to-Asset Distribution
For the Hardware industry and Technology sector, HP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HP's Equity-to-Asset falls into.
HP 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.
HP's Equity to Asset Ratio for the fiscal year that ended in Oct. 2021 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.
HP (NYSE:HPQ) 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%.
HP Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of HP's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
HP Inc. is a leading provider of computers, printers, and printer supplies. The company's three operating business segments are its personal systems, containing notebooks, desktops, and workstations; and its printing segment which contains supplies, consumer hardware, and commercial hardware; and corporate investments. In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise and the Palo Alto, California-based company sells on a global scale.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.32(0.93%) Volume: 1,969,643 11:50AM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NYSE:HPQ has been successfully added to your 
