Highway Holdings annual debt-to-equity ratio
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Highway Holdings Debt-to-Equity Ratio Growth & History (HIHO)
Highway Holdings's debt-to-equity ratio was 0.64 for fiscal 2026.
View full Highway Holdings company overviewHighway Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.64 | 0.52 | +399.14% |
| 2025 | 2025-03-31 | 0.13 | −0.08 | −38.28% |
| 2024 | 2024-03-31 | 0.21 | −0.04 | −16.43% |
| 2023 | 2023-03-31 | 0.25 | 0.12 | +93.32% |
| 2022 | 2022-03-31 | 0.13 | −0.00 | −0.85% |
| 2021 | 2021-03-31 | 0.13 | 0.01 | +11.81% |
| 2020 | 2020-03-31 | 0.12 | 0.09 | +412.38% |
| 2019 | 2019-03-31 | 0.02 | 0.02 | — |
| 2018 | 2018-03-31 | 0.00 | 0.00 | — |
| 2017 | 2017-03-31 | 0.00 | 0.00 | — |
| 2016 | 2016-03-31 | 0.00 | 0.00 | — |
| 2015 | 2015-03-31 | 0.00 | 0.00 | — |
| 2014 | 2014-03-31 | 0.00 | −0.01 | — |
| 2013 | 2013-03-31 | 0.01 | −0.02 | −70.32% |
| 2012 | 2012-03-31 | 0.03 | −0.04 | −58.53% |
| 2011 | 2011-03-31 | 0.08 | — | — |
Highway Holdings quarterly debt-to-equity ratio
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.59 | — | — |
| Q4 2026 | 2026-03-31 | 0.64 | 0.52 | +399.14% |
| Q3 2026 | 2025-12-31 | 0.05 | — | — |
| Q2 2026 | 2025-09-30 | 0.08 | — | — |
| Q4 2025 | 2025-03-31 | 0.13 | −0.08 | −38.28% |
| Q4 2024 | 2024-03-31 | 0.21 | −0.04 | −16.43% |
| Q4 2023 | 2023-03-31 | 0.25 | 0.12 | +93.32% |
| Q4 2022 | 2022-03-31 | 0.13 | −0.00 | −0.85% |
| Q4 2021 | 2021-03-31 | 0.13 | 0.01 | +11.81% |
| Q4 2020 | 2020-03-31 | 0.12 | 0.09 | +412.38% |
| Q4 2019 | 2019-03-31 | 0.02 | 0.02 | — |
| Q4 2018 | 2018-03-31 | 0.00 | 0.00 | — |
| Q4 2017 | 2017-03-31 | 0.00 | 0.00 | — |
| Q4 2016 | 2016-03-31 | 0.00 | 0.00 | — |
| Q4 2015 | 2015-03-31 | 0.00 | 0.00 | — |
| Q4 2014 | 2014-03-31 | 0.00 | −0.01 | — |
| Q4 2013 | 2013-03-31 | 0.01 | −0.02 | −70.32% |
| Q4 2012 | 2012-03-31 | 0.03 | — | — |
Highway Holdings debt-to-equity ratio trends
Over the last five fiscal years, Highway Holdings's debt-to-equity ratio increased from 0.13 to 0.64, a change of 0.51. The latest reported quarter, Q1 2027, shows 0.59.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Highway Holdings source filings ↗