Hubbell (Hubbell) Debt-to-Asset : 0.33 (As of Mar. 2024)

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What is Hubbell Debt-to-Asset?

Hubbell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $252 Mil. Hubbell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,011 Mil. Hubbell's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $6,862 Mil. Hubbell's debt to asset for the quarter that ended in Mar. 2024 was 0.33.

Hubbell Debt-to-Asset Historical Data

The historical data trend for Hubbell's Debt-to-Asset 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.

Hubbell Debt-to-Asset Chart

Hubbell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.34

0.33

0.29

0.33

Hubbell Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.29	0.28	0.27	0.33	0.33

Competitive Comparison of Hubbell's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Hubbell's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Hubbell's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hubbell's Debt-to-Asset falls into.

Hubbell Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hubbell's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(148	+	2142)	/	6914
	=	0.33

Hubbell's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(252.4	+	2011.2)	/	6862.1
	=	0.33

Hubbell (NYSE:HUBB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Hubbell Debt-to-Asset Related Terms

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

Hubbell (Hubbell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (NYSE:HUBB) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

HUEC:Germany

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

Executives

John F Malloy	director	2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Del Nero Jonathan M.	officer: Vice President, Controller	C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Alyssa R Flynn	officer: Chief Human Resources Officer	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
William R Sperry	officer: Executive VP and CFO	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gerben Bakker	officer: Group Vice President	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Mark Eugene Mikes	officer: President Electrical Solutions	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gregory Gumbs	officer: President, Utility Solutions	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Debra L. Dial	director	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Carlos M Cardoso	director	STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Anthony Guzzi	director	301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Allan Connolly	officer: Group President, Power Systems	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais	officer: Vice President Human Resources	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rhett Anthony Hernandez	director	40 WATERVIEW DRIVE, SHELTON CT 06484
David G Nord	officer: Senior VP & CFO	UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Joseph Anthony Capozzoli	officer: VP and Corporate Controller	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484