Stock Analysis on Net

Hewlett Packard Enterprise Co. (NYSE:HPE)

This company has been moved to the archive! The financial data has not been updated since June 5, 2024.

Analysis of Solvency Ratios 
Quarterly Data

Microsoft Excel

Solvency Ratios (Summary)

Hewlett Packard Enterprise Co., solvency ratios (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Debt Ratios
Debt to equity 0.52 0.60 0.58 0.65 0.66 0.65 0.63 0.67 0.66 0.69 0.67 0.95 0.96 0.97 0.99 1.20 1.03 0.81 0.81 0.72 0.68 0.68 0.57 0.52 0.58 0.58
Debt to capital 0.34 0.37 0.37 0.39 0.40 0.39 0.39 0.40 0.40 0.41 0.40 0.49 0.49 0.49 0.50 0.55 0.51 0.45 0.45 0.42 0.41 0.40 0.36 0.34 0.37 0.37
Debt to assets 0.19 0.22 0.22 0.24 0.24 0.23 0.22 0.24 0.24 0.24 0.23 0.29 0.29 0.29 0.30 0.33 0.31 0.27 0.27 0.25 0.24 0.24 0.22 0.21 0.23 0.23
Financial leverage 2.75 2.74 2.70 2.74 2.73 2.78 2.88 2.80 2.74 2.85 2.89 3.32 3.27 3.30 3.37 3.61 3.36 3.04 3.03 2.90 2.81 2.83 2.61 2.46 2.50 2.57

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Hewlett Packard Enterprise Co. debt to equity ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Hewlett Packard Enterprise Co. debt to capital ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Hewlett Packard Enterprise Co. debt to assets ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Hewlett Packard Enterprise Co. financial leverage ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Debt to Equity

Hewlett Packard Enterprise Co., debt to equity calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Notes payable and short-term borrowings 3,767 4,957 4,868 4,486 5,004 5,349 4,612 4,743 4,596 3,795 3,552 3,736 3,531 3,727 3,755 5,727 5,162 4,510 4,425 2,207 2,114 2,073 2,005 2,326 3,855 3,915
Long-term debt 7,490 7,840 7,487 8,866 8,372 7,577 7,853 9,137 8,905 10,277 9,896 12,489 12,296 11,963 12,186 13,730 11,553 9,362 9,395 10,453 10,332 10,280 10,136 9,963 9,970 10,040
Total debt 11,257 12,797 12,355 13,352 13,376 12,926 12,465 13,880 13,501 14,072 13,448 16,225 15,827 15,690 15,941 19,457 16,715 13,872 13,820 12,660 12,446 12,353 12,141 12,289 13,825 13,955
 
Total HPE stockholders’ equity 21,680 21,416 21,182 20,622 20,366 20,011 19,864 20,611 20,532 20,318 19,971 17,020 16,560 16,212 16,049 16,155 16,210 17,189 17,098 17,533 18,198 18,293 21,239 23,426 23,932 23,951
Solvency Ratio
Debt to equity1 0.52 0.60 0.58 0.65 0.66 0.65 0.63 0.67 0.66 0.69 0.67 0.95 0.96 0.97 0.99 1.20 1.03 0.81 0.81 0.72 0.68 0.68 0.57 0.52 0.58 0.58
Benchmarks
Debt to Equity, Competitors2
Apple Inc. 1.41 1.46 1.79 1.81 1.76 1.96 2.37 2.06 1.78 1.71 1.98 1.89 1.76 1.69 1.72 1.56 1.40 1.21 1.19 1.12 1.06 0.97
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.25 0.17 0.19 0.20 0.21 0.22 0.24 0.23 0.29 0.22 0.28 0.29 0.37 0.38 0.38 0.45 0.45 0.54 0.73 0.64 0.63 0.58
Super Micro Computer Inc. 0.12 0.07 0.15 0.11 0.09 0.15 0.42 0.43 0.27 0.25 0.09 0.08 0.04 0.03 0.03 0.03 0.02 0.02 0.03 0.02 0.05 0.09

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Debt to equity = Total debt ÷ Total HPE stockholders’ equity
= 11,257 ÷ 21,680 = 0.52

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity. Hewlett Packard Enterprise Co. debt to equity ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.

Debt to Capital

Hewlett Packard Enterprise Co., debt to capital calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Notes payable and short-term borrowings 3,767 4,957 4,868 4,486 5,004 5,349 4,612 4,743 4,596 3,795 3,552 3,736 3,531 3,727 3,755 5,727 5,162 4,510 4,425 2,207 2,114 2,073 2,005 2,326 3,855 3,915
Long-term debt 7,490 7,840 7,487 8,866 8,372 7,577 7,853 9,137 8,905 10,277 9,896 12,489 12,296 11,963 12,186 13,730 11,553 9,362 9,395 10,453 10,332 10,280 10,136 9,963 9,970 10,040
Total debt 11,257 12,797 12,355 13,352 13,376 12,926 12,465 13,880 13,501 14,072 13,448 16,225 15,827 15,690 15,941 19,457 16,715 13,872 13,820 12,660 12,446 12,353 12,141 12,289 13,825 13,955
Total HPE stockholders’ equity 21,680 21,416 21,182 20,622 20,366 20,011 19,864 20,611 20,532 20,318 19,971 17,020 16,560 16,212 16,049 16,155 16,210 17,189 17,098 17,533 18,198 18,293 21,239 23,426 23,932 23,951
Total capital 32,937 34,213 33,537 33,974 33,742 32,937 32,329 34,491 34,033 34,390 33,419 33,245 32,387 31,902 31,990 35,612 32,925 31,061 30,918 30,193 30,644 30,646 33,380 35,715 37,757 37,906
Solvency Ratio
Debt to capital1 0.34 0.37 0.37 0.39 0.40 0.39 0.39 0.40 0.40 0.41 0.40 0.49 0.49 0.49 0.50 0.55 0.51 0.45 0.45 0.42 0.41 0.40 0.36 0.34 0.37 0.37
Benchmarks
Debt to Capital, Competitors2
Apple Inc. 0.59 0.59 0.64 0.64 0.64 0.66 0.70 0.67 0.64 0.63 0.66 0.65 0.64 0.63 0.63 0.61 0.58 0.55 0.54 0.53 0.52 0.49
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.20 0.14 0.16 0.17 0.18 0.18 0.19 0.19 0.23 0.18 0.22 0.22 0.27 0.28 0.28 0.31 0.31 0.35 0.42 0.39 0.39 0.37
Super Micro Computer Inc. 0.11 0.06 0.13 0.10 0.09 0.13 0.30 0.30 0.21 0.20 0.08 0.07 0.04 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.05 0.08

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 11,257 ÷ 32,937 = 0.34

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Hewlett Packard Enterprise Co. debt to capital ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.

Debt to Assets

Hewlett Packard Enterprise Co., debt to assets calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Notes payable and short-term borrowings 3,767 4,957 4,868 4,486 5,004 5,349 4,612 4,743 4,596 3,795 3,552 3,736 3,531 3,727 3,755 5,727 5,162 4,510 4,425 2,207 2,114 2,073 2,005 2,326 3,855 3,915
Long-term debt 7,490 7,840 7,487 8,866 8,372 7,577 7,853 9,137 8,905 10,277 9,896 12,489 12,296 11,963 12,186 13,730 11,553 9,362 9,395 10,453 10,332 10,280 10,136 9,963 9,970 10,040
Total debt 11,257 12,797 12,355 13,352 13,376 12,926 12,465 13,880 13,501 14,072 13,448 16,225 15,827 15,690 15,941 19,457 16,715 13,872 13,820 12,660 12,446 12,353 12,141 12,289 13,825 13,955
 
Total assets 59,711 58,602 57,153 56,415 55,549 55,591 57,123 57,675 56,324 57,873 57,699 56,437 54,132 53,451 54,015 58,239 54,515 52,244 51,803 50,760 51,140 51,758 55,493 57,513 59,876 61,619
Solvency Ratio
Debt to assets1 0.19 0.22 0.22 0.24 0.24 0.23 0.22 0.24 0.24 0.24 0.23 0.29 0.29 0.29 0.30 0.33 0.31 0.27 0.27 0.25 0.24 0.24 0.22 0.21 0.23 0.23
Benchmarks
Debt to Assets, Competitors2
Apple Inc. 0.31 0.31 0.32 0.33 0.33 0.32 0.34 0.36 0.34 0.32 0.36 0.37 0.36 0.32 0.35 0.36 0.34 0.32 0.32 0.34 0.33 0.31
Arista Networks Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cisco Systems Inc. 0.11 0.08 0.08 0.09 0.09 0.10 0.10 0.10 0.12 0.10 0.12 0.12 0.15 0.15 0.15 0.18 0.18 0.20 0.25 0.24 0.25 0.24
Super Micro Computer Inc. 0.07 0.04 0.08 0.06 0.06 0.08 0.19 0.18 0.12 0.11 0.04 0.04 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.03 0.05

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 11,257 ÷ 59,711 = 0.19

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Hewlett Packard Enterprise Co. debt to assets ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level.

Financial Leverage

Hewlett Packard Enterprise Co., financial leverage calculation (quarterly data)

Microsoft Excel
Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018
Selected Financial Data (US$ in millions)
Total assets 59,711 58,602 57,153 56,415 55,549 55,591 57,123 57,675 56,324 57,873 57,699 56,437 54,132 53,451 54,015 58,239 54,515 52,244 51,803 50,760 51,140 51,758 55,493 57,513 59,876 61,619
Total HPE stockholders’ equity 21,680 21,416 21,182 20,622 20,366 20,011 19,864 20,611 20,532 20,318 19,971 17,020 16,560 16,212 16,049 16,155 16,210 17,189 17,098 17,533 18,198 18,293 21,239 23,426 23,932 23,951
Solvency Ratio
Financial leverage1 2.75 2.74 2.70 2.74 2.73 2.78 2.88 2.80 2.74 2.85 2.89 3.32 3.27 3.30 3.37 3.61 3.36 3.04 3.03 2.90 2.81 2.83 2.61 2.46 2.50 2.57
Benchmarks
Financial Leverage, Competitors2
Apple Inc. 4.55 4.77 5.67 5.56 5.34 6.11 6.96 5.79 5.20 5.30 5.56 5.13 4.87 5.35 4.96 4.39 4.09 3.80 3.74 3.34 3.23 3.17
Arista Networks Inc. 1.38 1.34 1.38 1.39 1.40 1.42 1.39 1.41 1.45 1.47 1.44 1.41 1.41 1.42 1.43 1.43 1.43 1.44 1.45 1.36 1.36 1.39
Cisco Systems Inc. 2.19 2.18 2.30 2.31 2.31 2.31 2.36 2.30 2.39 2.25 2.36 2.34 2.44 2.49 2.50 2.56 2.54 2.69 2.91 2.64 2.51 2.40
Super Micro Computer Inc. 1.76 1.89 1.86 1.81 1.69 2.03 2.25 2.41 2.26 2.14 2.05 1.90 1.78 1.69 1.80 1.89 1.80 1.75 1.79 1.76 1.93 1.99

Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31).

1 Q2 2024 Calculation
Financial leverage = Total assets ÷ Total HPE stockholders’ equity
= 59,711 ÷ 21,680 = 2.75

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity. Hewlett Packard Enterprise Co. financial leverage ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.