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Hillenbrand (Hillenbrand) Debt-to-Equity : 1.33 (As of Mar. 2024)


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What is Hillenbrand Debt-to-Equity?

Hillenbrand's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20 Mil. Hillenbrand's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,172 Mil. Hillenbrand's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,651 Mil. Hillenbrand's debt to equity for the quarter that ended in Mar. 2024 was 1.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Hillenbrand's Debt-to-Equity or its related term are showing as below:

HI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 1.03   Max: 1.99
Current: 1.33

During the past 13 years, the highest Debt-to-Equity Ratio of Hillenbrand was 1.99. The lowest was 0.42. And the median was 1.03.

HI's Debt-to-Equity is ranked worse than
91.31% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs HI: 1.33

Hillenbrand Debt-to-Equity Historical Data

The historical data trend for Hillenbrand's Debt-to-Equity 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.

Hillenbrand Debt-to-Equity Chart

Hillenbrand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 1.58 1.09 1.19 1.29

Hillenbrand Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.86 1.29 1.26 1.33

Competitive Comparison of Hillenbrand's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Hillenbrand's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hillenbrand's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillenbrand's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hillenbrand's Debt-to-Equity falls into.



Hillenbrand Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hillenbrand's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Hillenbrand's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Hillenbrand  (NYSE:HI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Hillenbrand Debt-to-Equity Related Terms

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


Hillenbrand (Hillenbrand) Business Description

Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.
Executives
Daniel C. Hillenbrand director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen officer: Sr VP, Chief Financial Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan officer: Senior Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko officer: Sr. VP and President MTS 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips officer: See Remarks 6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted officer: Sr. VP Strategy & Corp Dev ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid officer: Senior Vice President ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke officer: VP, CAO ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel officer: Senior Vice President HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor officer: Sr. Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney director HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni officer: VP & Chief Information Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado officer: VP, Global Supply Management ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006