Hewlett Packard Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Hewlett Packard Enterprise has a total shareholder equity of $22.1B and total debt of $11.9B, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are $60.9B and $38.7B respectively. Hewlett Packard Enterprise's EBIT is $2.3B making its interest coverage ratio 2.7. It has cash and short-term investments of $3.1B.
Key information
53.7%
Debt to equity ratio
US$11.89b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$3.11b |
| Equity | US$22.13b |
| Total liabilities | US$38.72b |
| Total assets | US$60.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H1PE34's short term assets ($22.4B) do not cover its short term liabilities ($23.9B).
Long Term Liabilities: H1PE34's short term assets ($22.4B) exceed its long term liabilities ($14.9B).
Debt to Equity History and Analysis
Debt Level: H1PE34's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: H1PE34's debt to equity ratio has reduced from 72.2% to 53.7% over the past 5 years.
Debt Coverage: H1PE34's debt is well covered by operating cash flow (43.4%).
Interest Coverage: H1PE34's interest payments on its debt are not well covered by EBIT (2.7x coverage).