HP Balance Sheet Health

Financial Health criteria checks 2/6

HP has a total shareholder equity of $-1.1B and total debt of $9.5B, which brings its debt-to-equity ratio to -890.1%. Its total assets and total liabilities are $37.0B and $38.1B respectively. HP's EBIT is $4.2B making its interest coverage ratio 8.8. It has cash and short-term investments of $3.2B.

Key information

-890.1%

Debt to equity ratio

US$9.52b

Debt

Interest coverage ratio8.8x
CashUS$3.23b
Equity-US$1.07b
Total liabilitiesUS$38.07b
Total assetsUS$37.00b

Recent financial health updates

No updates

Recent updates

Returns On Capital At HP (NYSE:HPQ) Paint A Concerning Picture

Feb 18
Returns On Capital At HP (NYSE:HPQ) Paint A Concerning Picture

HP Inc.: A Promising Investment In The Evolving PC And Printing Industry

Feb 06

HP Inc.: With Dividend Increase And PC Strength, Some Green Shoots Are Emerging (Rating Upgrade)

Jan 18

HP Inc.: FY24 Growth Outlook Positive

Jan 02

HP Inc.: Warren Buffett Is Selling Ahead Of The Generative AI Supercycle

Dec 13

HP Inc. Q4 Earnings: Painful Slowdown With Likely A Slow Turnaround

Nov 28

HP (NYSE:HPQ) Is Paying Out A Larger Dividend Than Last Year

Nov 22
HP (NYSE:HPQ) Is Paying Out A Larger Dividend Than Last Year

Are Investors Undervaluing HP Inc. (NYSE:HPQ) By 34%?

Nov 21
Are Investors Undervaluing HP Inc. (NYSE:HPQ) By 34%?

Should You Investigate HP Inc. (NYSE:HPQ) At US$26.84?

Nov 03
Should You Investigate HP Inc. (NYSE:HPQ) At US$26.84?

HP Inc.: Attractive Growth Tailwinds And Capital Return Story

Oct 17

HP (NYSE:HPQ) Will Be Hoping To Turn Its Returns On Capital Around

Oct 16
HP (NYSE:HPQ) Will Be Hoping To Turn Its Returns On Capital Around

HP Inc. Highlights PC Design Innovation

Oct 10

HP Inc: A Value Trap To Avoid In This High Interest Environment (Ratings Downgrade)

Sep 10

HP Inc.: The Subscription Model Is The Future

Aug 31

An Intrinsic Calculation For HP Inc. (NYSE:HPQ) Suggests It's 29% Undervalued

Aug 18
An Intrinsic Calculation For HP Inc. (NYSE:HPQ) Suggests It's 29% Undervalued

HP Inc: Debt Clouds Dividend Safety Amidst Slow Recovery

Aug 07

Is Now An Opportune Moment To Examine HP Inc. (NYSE:HPQ)?

Jul 31
Is Now An Opportune Moment To Examine HP Inc. (NYSE:HPQ)?

HP (NYSE:HPQ) Will Want To Turn Around Its Return Trends

Jul 10
HP (NYSE:HPQ) Will Want To Turn Around Its Return Trends

HP Inc.: A Buffett-Style Dividend Bargain

Jul 04

HP Inc.: A Model Of Dependability

May 29

An Intrinsic Calculation For HP Inc. (NYSE:HPQ) Suggests It's 22% Undervalued

May 14
An Intrinsic Calculation For HP Inc. (NYSE:HPQ) Suggests It's 22% Undervalued

At US$29.47, Is It Time To Put HP Inc. (NYSE:HPQ) On Your Watch List?

Apr 25
At US$29.47, Is It Time To Put HP Inc. (NYSE:HPQ) On Your Watch List?

Investors Should Be Encouraged By HP's (NYSE:HPQ) Returns On Capital

Mar 23
Investors Should Be Encouraged By HP's (NYSE:HPQ) Returns On Capital

We Think You Can Look Beyond HP's (NYSE:HPQ) Lackluster Earnings

Mar 08
We Think You Can Look Beyond HP's (NYSE:HPQ) Lackluster Earnings

HP Will Become A Utility, And That's Fine

Feb 26

HP's (NYSE:HPQ) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 09
HP's (NYSE:HPQ) Shareholders Will Receive A Bigger Dividend Than Last Year

HP Inc.: Undervalued With Big Share Buybacks

Jan 21

HP's (NYSE:HPQ) Dividend Will Be Increased To $0.2625

Jan 15
HP's (NYSE:HPQ) Dividend Will Be Increased To $0.2625

HP declares $0.2625 dividend

Jan 11

Is HP Inc. (NYSE:HPQ) Trading At A 38% Discount?

Dec 31
Is HP Inc. (NYSE:HPQ) Trading At A 38% Discount?

HP Inc.: How To Speed Up And Be 'Future Ready'

Dec 20

HP files for mixed shelf offering

Dec 06

Financial Position Analysis

Short Term Liabilities: HPQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: HPQ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: HPQ has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: HPQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: HPQ's debt is well covered by operating cash flow (37.5%).

Interest Coverage: HPQ's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


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