What is the debt of Hagerty this year?
Hagerty has a debt level of 22.35 USD this year.
Hagerty Debt 2024
Hagerty Debt
22.35 USD
Ticker
HGTY
ISIN
US4051661092
In 2024, Hagerty's total debt was 22.35 USD, a 70.64% change from the 13.1 USD total debt recorded in the previous year.
Hagerty Aktienanalyse
What does Hagerty do?
Hagerty ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Hagerty's Debt Structure
Hagerty's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Hagerty's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Hagerty’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Hagerty’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Hagerty stock
What was the debt of Hagerty compared to the previous year?
The debt of Hagerty has increased by 70.64% compared to the previous year increased.
What are the consequences of high debt for investors in Hagerty?
High debt can pose a risk for investors of Hagerty, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Hagerty?
Low debt means that Hagerty has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Hagerty affect the company?
An increase in debt of Hagerty can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Hagerty affect the company?
A reduction in debt of Hagerty can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Hagerty?
Some factors that can influence the debt of Hagerty include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Hagerty so important for investors?
The debts of Hagerty are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Hagerty take to change the debt?
To change the debt, Hagerty can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Hagerty pay?
Over the past 12 months, Hagerty paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Hagerty is expected to pay a dividend of 0 USD.
What is the dividend yield of Hagerty?
The current dividend yield of Hagerty is .
When does Hagerty pay dividends?
Hagerty pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Hagerty?
Hagerty paid dividends every year for the past 0 years.
What is the dividend of Hagerty?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Hagerty located?
Hagerty is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Hagerty kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Hagerty from 10/15/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/15/2024.
When did Hagerty pay the last dividend?
The last dividend was paid out on 10/15/2024.
What was the dividend of Hagerty in the year 2023?
In the year 2023, Hagerty distributed 0 USD as dividends.
In which currency does Hagerty pay out the dividend?
The dividends of Hagerty are distributed in USD.
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Andere Kennzahlen von Hagerty
Our stock analysis for Hagerty Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hagerty Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.