High Liner Foods Financial Health
How is High Liner Foods's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: HLF's short term assets ($532.3M) exceed its short term liabilities ($284.1M).
Long Term Liabilities: HLF's short term assets ($532.3M) exceed its long term liabilities ($298.4M).
Debt to Equity History and Analysis
Debt Level: HLF's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: HLF's debt to equity ratio has reduced from 144.9% to 89.5% over the past 5 years.
Debt Coverage: HLF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HLF's interest payments on its debt are well covered by EBIT (4.5x coverage).