Hour Loop (Hour Loop) Debt-to-Equity : 0.90 (As of Mar. 2024)

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What is Hour Loop Debt-to-Equity?

Hour Loop's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.8 Mil. Hour Loop's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.2 Mil. Hour Loop's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $5.5 Mil. Hour Loop's debt to equity for the quarter that ended in Mar. 2024 was 0.90.

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 Hour Loop's Debt-to-Equity or its related term are showing as below:

HOUR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.9 Max: 15.73
Current: 0.9

During the past 5 years, the highest Debt-to-Equity Ratio of Hour Loop was 15.73. The lowest was 0.01. And the median was 0.90.

HOUR's Debt-to-Equity is ranked worse than
62.87% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs HOUR: 0.90

Hour Loop Debt-to-Equity Historical Data

The historical data trend for Hour Loop'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.

Hour Loop Debt-to-Equity Chart

Hour Loop Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.21

0.02

0.77

1.10

Hour Loop Quarterly Data
	Dec19	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												0.94	1.05	1.03	1.10	0.90

Competitive Comparison of Hour Loop's Debt-to-Equity

For the Internet Retail subindustry, Hour Loop'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.

Hour Loop's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hour Loop's Debt-to-Equity distribution charts can be found below:

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

Hour Loop Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hour Loop's Debt to Equity Ratio for the fiscal year 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
	=	(0.735	+	4.173)	/	4.453
	=	1.10

Hour Loop's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.77	+	4.194)	/	5.538
	=	0.90

Hour Loop (NAS:HOUR) 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.

Hour Loop Debt-to-Equity Related Terms

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

Hour Loop (Hour Loop) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hour Loop Inc (NAS:HOUR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 164th Avenue North East, Redmond, WA, USA, 98052-7615

Website

https://www.hourloop.com

Hour Loop Inc is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market, and sell products. Hour Loop predominantly operates through online retail channels such as Amazon, Walmart, and Hourloop.com. The Company, as an Internet marketplace seller, sells products in multiple categories, including home/garden decor, toys, kitchenware, apparel, and electronics.

Executives

Hillary Hui-chong Bui	director	C/O HOUR LOOP, INC. 8201 164TH AVE. NE, REDMOND WA 98052-7615
Sau Kuen Yu	director, 10 percent owner, officer: Senior Vice President	C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Rahul Ray Ratan	officer: Chief Financial Officer	C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Sam Lai	director, 10 percent owner, officer: Chief Executive Officer	C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Michael Minkin Lenner	director	C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Douglas Ian Branch	director	C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Minghui Gao	director	C/O HOUR LOOP, INC., 8201 164TH AVE NE, #200, REDMOND WA 98052-7615

Hour Loop (Hour Loop) Headlines

From GuruFocus

Hour Loop, Inc. Announces Pricing of $6.0 Million Initial Public Offering

By GlobeNewswire GlobeNewswire • 01-06-2022

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By GlobeNewswire • 08-09-2023

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By GuruFocusNews GuruFocusNews • 01-27-2022

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By GuruFocusNews GuruFocusNews • 02-22-2022

Hour Loop, Inc. Announces Closing of $6.9 Million Initial Public Offering and Full Exercise of Underwriter's Over-Allotment Option

By GuruFocusNews GuruFocusNews • 01-11-2022

UPDATE: Hour Loop Expands Operations with Multiple New Offices in Taiwan

By GuruFocusNews GuruFocusNews • 02-23-2022

Hour Loop Reports Second Quarter 2023 Results

By Marketwired • 08-09-2023

Hour Loop, Inc. Announces Pricing of $6.0 Million Initial Public Offering

By GuruFocusNews GuruFocusNews • 01-06-2022