Hewlett Packard Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Hewlett Packard Enterprise has a total shareholder equity of $21.5B and total debt of $12.9B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are $58.6B and $37.1B respectively. Hewlett Packard Enterprise's EBIT is $2.4B making its interest coverage ratio 4.6. It has cash and short-term investments of $3.0B.
Key information
60.1%
Debt to equity ratio
US$12.90b
Debt
Interest coverage ratio | 4.6x |
Cash | US$2.99b |
Equity | US$21.47b |
Total liabilities | US$37.13b |
Total assets | US$58.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPE's short term assets ($20.2B) do not cover its short term liabilities ($22.6B).
Long Term Liabilities: HPE's short term assets ($20.2B) exceed its long term liabilities ($14.5B).
Debt to Equity History and Analysis
Debt Level: HPE's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: HPE's debt to equity ratio has reduced from 68.4% to 60.1% over the past 5 years.
Debt Coverage: HPE's debt is well covered by operating cash flow (41.2%).
Interest Coverage: HPE's interest payments on its debt are well covered by EBIT (4.6x coverage).