BackJohn Hancock Preferred Income Fund III Overview
John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III Debt to Equity

John Hancock Preferred Income Fund III (HPS) has a debt-to-equity ratio of 0.59, above the sector sector average of 0.14.

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Debt to Equity

0.59

Debt to Equity

0.59

Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.

Debt to Equity (Comparison Companies)

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Debt to Equity History

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Debt to Equity Comparison

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John Hancock Preferred Income Fund III (HPS) FAQ

As of the most recent data, HPS shows a debt-to-equity ratio of 0.59. That is above the sector sector average of 0.14. Scroll down for historical charts and peer comparison views.

The its sector sector average debt-to-equity ratio is about 0.14. John Hancock Preferred Income Fund III is at 0.59, which is higher that average. That is roughly 318.4% above the sector mean. Use the comparison chart on this page to see how HPS stacks up against individual peers as well.

Investors watch HPS's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. John Hancock Preferred Income Fund III's latest reading is 0.59. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.

Besides this debt-to-equity ratio page, Stockcircle has John Hancock Preferred Income Fund III's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently 0.59) with ownership activity and broader fundamentals.