HP (HPQ) LT-Debt-to-Total-Asset : 0.21 (As of Jan. 2025)

View and export this data going back to 1957. Start your Free Trial

What is HP LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. HP's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.21.

HP's long-term debt to total assets ratio declined from Jan. 2024 (0.28) to Jan. 2025 (0.21). It may suggest that HP is progressively becoming less dependent on debt to grow their business.

HP LT-Debt-to-Total-Asset Historical Data

The historical data trend for HP's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

HP Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.30

0.27

0.23

HP Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.27	0.24	0.23	0.21

HP LT-Debt-to-Total-Asset Calculation

HP's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	9050	/	39909
	=	0.23

HP's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	8273	/	38930
	=	0.21

HP (NYSE:HPQ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

HP LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of HP's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

HP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HP Inc (NYSE:HPQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HPQ:Mexico 1HPQ:Italy 7HPd:UK 0J2E:UK 7HP:Germany HPQB34:Brazil HPQ:Austria HPQ:Argentina

Address

1501 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.hp.com

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the US. HP completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

Executives

Kristen M Ludgate	officer: Chief People Officer	3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Alex Cho	officer: President, Personal Systems	HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Enrique Lores	officer: President, PSS	3000 HANOVER STREET, PALO ALTO CA 94304
Robert R Bennett	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David P. Mcquarrie	officer: Chief Commercial Officer	C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
David W Meline	director	3M COMPANY, 3M OFFICE OF GENERAL COUNSEL, ST PAUL MN 55144-1000
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Marie Myers	officer: Global Controller, HFS & PAO	3000 HANOVER STREET, PALO ALTO CA 94304
Subra Suresh	director	HP, 1501 PAGE MILL RD BLDG 5, PALO ALTO CA 94036
Shumeet Banerji	director	C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Jonathan P Faust	officer: Global Controller	C/O HP INC, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Tuan Tran	officer: Pres Imaging Prtng & Solutions	1501 PAGE MILL ROAD, PALO ALTO CA 94304
Julie M Jacobs	officer: Chief Legal Officer and GC	22000 AOL WAY, DULLES VA 20166
Rucker Kim K.w.	director	KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Richard L Clemmer	director	P O BOX 34552, LAS VEGAS NV 89129