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Debt / Tangible Equity for HP Inc

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HPQ: HP Inc

HP Inc. provides personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies in the United States and internationally. The company operates through three segments: P...

29.05 USD
Price
USD
Fair Value
Upside
27.43 - 39.80
52-week range

Analysis

Benchmarks

Metric Usage: Debt / Tangible Equity

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debt_to_equity_tangible
Slug
number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Debt / Tangible Equity in the risk category include:

  • Debt / Equity, Adjusted - A ratio that measures the level of the debt relative to the book value of common equity plus the absolute value of treasury stock.
  • Cash Ratio - A strict ratio used to assess a company's short-term liquidity.
  • EBITDA Interest Coverage Ratio - A ratio used to assess a firm's ability to pay interest expenses based on EBITDA.
  • Cash / Total Capital - A ratio that measures the level of the cash relative to the market value of total capital.
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Debt / Tangible Equity

A ratio that measures the level of the debt relative to the book value of tangible common equity.

Definition of Debt / Tangible Equity

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A ratio that measures the level of the debt relative to the book value of tangible common equity.

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-577.2%-277.2%22.8%554.1%2006001,000

The chart above depicts the distribution of debt / tangible equity for companies operating in the Information Technology sector in the Developed economic region. Over 2,530 companies were considered in this analysis, and 2,429 had meaningful values. The average debt / tangible equity of companies in the sector is 10.9% with a standard deviation of 117.9%.

HP Inc's Debt / Tangible Equity of -99.8% ranks in the 10.3% percentile for the sector. The following table provides additional summary stats:

Debt / Tangible Equity In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,531
Included Constituents2,429
Min-570.5%
Max554.1%
Median6.2%
Mean10.9%
Standard Deviation117.9%

You can find companies with similar debt / tangible equity using this stock screener.

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