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Harland & Wolff Group Holdings (LSE:HARL) Debt-to-Equity : -1.47 (As of Jun. 2023)


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What is Harland & Wolff Group Holdings Debt-to-Equity?

Harland & Wolff Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £98.30 Mil. Harland & Wolff Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £19.22 Mil. Harland & Wolff Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £-79.87 Mil. Harland & Wolff Group Holdings's debt to equity for the quarter that ended in Jun. 2023 was -1.47.

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 Harland & Wolff Group Holdings's Debt-to-Equity or its related term are showing as below:

LSE:HARL' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.74   Med: 0.12   Max: 10.39
Current: -1.47

During the past 13 years, the highest Debt-to-Equity Ratio of Harland & Wolff Group Holdings was 10.39. The lowest was -1.74. And the median was 0.12.

LSE:HARL's Debt-to-Equity is not ranked
in the Aerospace & Defense industry.
Industry Median: 0.44 vs LSE:HARL: -1.47

Harland & Wolff Group Holdings Debt-to-Equity Historical Data

The historical data trend for Harland & Wolff Group Holdings'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.

Harland & Wolff Group Holdings Debt-to-Equity Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 0.09 0.90 -1.74

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 0.90 1.08 10.39 -1.74 -1.47

Competitive Comparison of Harland & Wolff Group Holdings's Debt-to-Equity

For the Aerospace & Defense subindustry, Harland & Wolff Group Holdings'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.


Harland & Wolff Group Holdings's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Harland & Wolff Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Harland & Wolff Group Holdings's Debt-to-Equity falls into.



Harland & Wolff Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Harland & Wolff Group Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Harland & Wolff Group Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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.


Harland & Wolff Group Holdings Debt-to-Equity Related Terms

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Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines