Discontinued — last reported Q3 '23
Financial Services — Total Assets
Hewlett Packard Enterprise Financial Services — Total Assets decreased by 1.8% to $14.54B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 2.0%, from $14.84B to $14.54B. Over 2 years (FY 2021 to FY 2023), Financial Services — Total Assets shows relatively stable performance with a 0.3% CAGR.
Analysis
How to read this metric
An increase suggests growth in financing activity and customer adoption of flexible payment models, while a decrease may indicate a contraction in the leasing portfolio or a shift toward direct sales. High asset levels require careful monitoring of credit risk and residual value management for leased equipment.
Detailed definition
This metric represents the total value of assets held within the financial services business segment, which provides lea...
Peer comparison
Comparable to captive finance divisions at other large technology hardware vendors, where asset growth is typically benchmarked against total segment revenue and credit loss provisions.
hpe_segment_financial_services_assetsHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.43B | $14.65B | $14.95B | $14.71B | $14.34B | $14.74B | $14.84B | $14.94B | $14.66B | $14.80B | $14.54B |
| QoQ Change | — | +1.5% | +2.0% | -1.6% | -2.5% | +2.8% | +0.7% | +0.7% | -1.9% | +1.0% | -1.8% |
| YoY Change | — | — | — | — | -0.6% | +0.6% | -0.8% | +1.5% | +2.2% | +0.4% | -2.0% |
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Frequently Asked Questions
- What is Hewlett Packard Enterprise's financial services — total assets?
- Hewlett Packard Enterprise (HPE) reported financial services — total assets of $14.54B in Q3 2023.
- How has Hewlett Packard Enterprise's financial services — total assets changed year-over-year?
- Hewlett Packard Enterprise's financial services — total assets decreased by 2.0% year-over-year, from $14.84B to $14.54B.
- What is the long-term trend for Hewlett Packard Enterprise's financial services — total assets?
- Over 2 years (2021 to 2023), Hewlett Packard Enterprise's financial services — total assets has grown at a 0.3% compound annual growth rate (CAGR), from $58.64B to $58.94B.
- What does financial services — total assets mean?
- The total value of financing and leasing assets managed by the company's financial services division to support customer technology purchases.