Hansard Global (Hansard Global) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is Hansard Global Debt-to-Equity?

Hansard Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.25 Mil. Hansard Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.29 Mil. Hansard Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27.85 Mil. Hansard Global's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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 Hansard Global's Debt-to-Equity or its related term are showing as below:

HNRDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.13
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Hansard Global was 0.13. The lowest was 0.09. And the median was 0.11.

HNRDF's Debt-to-Equity is ranked better than
64.75% of 383 companies
in the Insurance industry
Industry Median: 0.25 vs HNRDF: 0.13

Hansard Global Debt-to-Equity Historical Data

The historical data trend for Hansard Global'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.

Hansard Global Debt-to-Equity Chart

Hansard Global Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.12

0.11

0.10

0.13

Hansard Global Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.10	0.09	0.13	0.13

Competitive Comparison of Hansard Global's Debt-to-Equity

For the Insurance - Life subindustry, Hansard Global'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.

Hansard Global's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hansard Global's Debt-to-Equity distribution charts can be found below:

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

Hansard Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hansard Global's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.253	+	3.409)	/	27.525
	=	0.13

Hansard Global's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.253	+	3.291)	/	27.848
	=	0.13

Hansard Global (OTCPK:HNRDF) 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.

Hansard Global Debt-to-Equity Related Terms

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

Hansard Global (Hansard Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hansard Global PLC (OTCPK:HNRDF) » Definitions » Debt-to-Equity

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HSDl:UK HSD:UK

Address

55 Athol Street, Box 192, Douglas, IMN, IM99 1QL

Website

https://www.hansard.com

Hansard Global PLC is a holding company. Its activities include the transaction of life assurance business and related activities. Its only operating segment being the distribution and servicing of long-term investment products. Geographically, it derives a majority of revenue from the Isle of Man and also has a presence in the Republic of Ireland and the Bahamas. It focuses on helping financial advisors and institutions to provide their clients with saving and investment products in secure life assurance wrappers to meet long-term savings and investment objectives.

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