Stock Analysis on Net
Stock Analysis on Net

Hewlett Packard Enterprise Co. (NYSE:HPE)

$22.49

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

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Hewlett Packard Enterprise Co., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019 Oct 31, 2018
Notes payable and short-term borrowings
Accounts payable
Employee compensation and benefits
Taxes on earnings
Deferred revenue
Accrued restructuring
Sales and marketing programs
Value-added and property taxes
Collateral payable
Current operating lease liabilities
Warranty
Contract manufacturer liabilities
Other
Other accrued liabilities
Current liabilities
Long-term debt
Deferred revenue
Non-current operating lease liabilities
Pension, post-retirement, and post-employment
Deferred tax liabilities
Taxes on earnings
Other
Other non-current liabilities
Non-current liabilities
Total liabilities
Common stock, $0.01 par value
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Total HPE stockholders’ equity
Non-controlling interests
Total stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).

Liabilities
The total liabilities show a relatively stable trend overall, starting at US$34,219 million in 2018, peaking at US$37,919 million in 2020, and subsequently declining to US$35,915 million in 2023. Current liabilities have generally increased from US$17,198 million in 2018 to a peak of US$23,174 million in 2022, before slightly reducing to US$21,882 million in 2023. Within current liabilities, notes payable and short-term borrowings demonstrate an increasing trend with some fluctuations, peaking at US$4,868 million in 2023. Accounts payable similarly rose to US$8,717 million in 2022 before declining to US$7,136 million in 2023.
Employee compensation and benefits have fluctuated, with a high of US$1,778 million in 2021 and a lower figure in 2022 at US$1,401 million, followed by a rebound to US$1,724 million in 2023. Deferred revenue in both current and non-current categories shows a modest but steady increase over the period, reaching US$3,658 million and US$3,281 million respectively by 2023. Notably, collateral payable, current operating lease liabilities, and contract manufacturer liabilities appear only from 2021 onwards, showing variable amounts with no clear trend due to limited data points.
Other accrued liabilities increased steadily to US$4,625 million by 2022 but fell to US$4,161 million in 2023. Long-term debt shows a downward trend from US$12,186 million in 2020 to US$7,487 million in 2023, indicating a reduction in long-term borrowing. Pension, post-retirement, and post-employment liabilities decreased significantly from US$1,856 million in 2020 to US$841 million in 2023. Deferred tax liabilities and other non-current liabilities have fluctuated but generally decreased towards the end of the period.
Equity
Total stockholders’ equity experienced a decline from US$21,274 million in 2018 to a low of US$16,096 million in 2020, followed by a recovery that brought it back to US$21,238 million in 2023. The accumulated deficit decreased from -US$5,899 million in 2018 to -US$3,946 million in 2023, suggesting improving profitability or other positive adjustments. Accumulated other comprehensive loss showed a worsening trend until 2020 but improved somewhat afterward, ending slightly lower in 2023 compared to 2018. Additional paid-in capital declined marginally over the period, indicating limited new capital contributions.
Overall financial position
The total liabilities and stockholders’ equity remained broadly steady, with figures fluctuating between approximately US$51 billion and US$57 billion throughout the years. Despite some volatility in liabilities and equity components, the company maintained a balanced capital structure. The long-term debt reduction and recovery in equity suggest efforts towards strengthening the financial base, while fluctuations in current liabilities and accrued items indicate operational adjustments or changing working capital needs. Employee-related costs and taxes on earnings have remained relatively stable or slightly declined, reflecting possible control over operating expenses and tax planning.