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Hempacco Co (Hempacco Co) Debt-to-Equity : 0.42 (As of Sep. 2023)


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What is Hempacco Co Debt-to-Equity?

Hempacco Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.55 Mil. Hempacco Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.17 Mil. Hempacco Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.95 Mil. Hempacco Co's debt to equity for the quarter that ended in Sep. 2023 was 0.42.

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 Hempacco Co's Debt-to-Equity or its related term are showing as below:

HPCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.42   Max: 1.02
Current: 0.42

During the past 3 years, the highest Debt-to-Equity Ratio of Hempacco Co was 1.02. The lowest was 0.05. And the median was 0.42.

HPCO's Debt-to-Equity is ranked worse than
59.46% of 37 companies
in the Tobacco Products industry
Industry Median: 0.26 vs HPCO: 0.42

Hempacco Co Debt-to-Equity Historical Data

The historical data trend for Hempacco Co'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.

Hempacco Co Debt-to-Equity Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.98 0.80 0.09

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.09 0.05 0.07 0.42

Competitive Comparison of Hempacco Co's Debt-to-Equity

For the Tobacco subindustry, Hempacco Co'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.

Hempacco Co's Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Debt-to-Equity distribution charts can be found below:

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


Hempacco Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hempacco Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(0.285 + 0.402) / 7.656
=0.09

Hempacco Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(3.552 + 0.171) / 8.951
=0.42

* 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.

Hempacco Co  (NAS:HPCO) 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.

Hempacco Co Debt-to-Equity Related Terms

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

Hempacco Co (Hempacco Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Hempacco Co Inc (NAS:HPCO) » Definitions » Debt-to-Equity
Comparable Companies
XXII VPRB KAVL CBDW GNLN CHUC PYYX PM MO LSE:BATS NSE:ITC TSE:2914 LSE:IMB XKRX:033780 ISX:HMSP HKSE:06969 ISX:GGRM DHA:BATBC CAI:EAST XPRA:TABAK
Traded in Other Exchanges
N/A
Address
9925 Airway Road, San Diego, CA, USA, 92154
Website
https://hempaccoinc.com
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.
Executives
Stuart W Titus director 2015 S. TUTTLE AVE A, SARASOTA FL 34239
Sandro Piancone director, 10 percent owner, officer: CEO & President 826 SCENIC TERRANCE PLACE, CHULA VISTA CA 92154
Neville Pearson officer: Chief Financial Officer 9925 AIRWAY ROAD, SAN DIEGO CA 92154
Miki Stephens director 9925 AIRWAY ROAD, SAN DIEGO CA 92154
Jerry Halamuda director 9925 AIRWAY ROAD, SAN DIEGO CA 92154