High Liner Foods Balance Sheet Health
Financial Health criteria checks 5/6
High Liner Foods has a total shareholder equity of $409.8M and total debt of $218.0M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are $830.5M and $420.7M respectively. High Liner Foods's EBIT is $72.8M making its interest coverage ratio 3.3. It has cash and short-term investments of $9.6M.
Key information
53.2%
Debt to equity ratio
US$218.01m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$9.63m |
| Equity | US$409.80m |
| Total liabilities | US$420.67m |
| Total assets | US$830.47m |
Recent financial health updates
High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet
Jul 15
Is High Liner Foods (TSE:HLF) A Risky Investment?
Mar 30Recent updates
High Liner Foods' (TSE:HLF) Profits Appear To Have Quality Issues
Nov 16High Liner Foods (TSE:HLF) Is Increasing Its Dividend To $0.17
Nov 12High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.13
May 23High Liner Foods (TSE:HLF) Has Announced That It Will Be Increasing Its Dividend To $0.13
Feb 27High Liner Foods' (TSE:HLF) Upcoming Dividend Will Be Larger Than Last Year's
Nov 13High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet
Jul 15We Think Some Shareholders May Hesitate To Increase High Liner Foods Incorporated's (TSE:HLF) CEO Compensation
May 12Read This Before Buying High Liner Foods Incorporated (TSE:HLF) For Its Dividend
Apr 14Is High Liner Foods (TSE:HLF) A Risky Investment?
Mar 30What Type Of Shareholders Make Up High Liner Foods Incorporated's (TSE:HLF) Share Registry?
Mar 17Independent Chairman Robert Pace Just Bought 7.1% More Shares In High Liner Foods Incorporated (TSE:HLF)
Mar 04High Liner Foods (TSE:HLF) Shareholders Have Enjoyed A 39% Share Price Gain
Feb 22Is There An Opportunity With High Liner Foods Incorporated's (TSE:HLF) 48% Undervaluation?
Feb 09Should We Be Cautious About High Liner Foods Incorporated's (TSE:HLF) ROE Of 6.6%?
Jan 27
How Many High Liner Foods Incorporated (TSE:HLF) Shares Did Insiders Buy, In The Last Year?
Jan 12Financial Position Analysis
Short Term Liabilities: HLF's short term assets ($395.4M) exceed its short term liabilities ($148.7M).
Long Term Liabilities: HLF's short term assets ($395.4M) exceed its long term liabilities ($271.9M).
Debt to Equity History and Analysis
Debt Level: HLF's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: HLF's debt to equity ratio has reduced from 119.8% to 53.2% over the past 5 years.
Debt Coverage: HLF's debt is well covered by operating cash flow (62.8%).
Interest Coverage: HLF's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 21:32 |
| End of Day Share Price | 2025/01/14 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
High Liner Foods Incorporated is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Doug Cooper | Beacon Securities Limited |
| null null | BMO Capital Markets Equity Research |
| Nevan Yochim | BMO Capital Markets Equity Research |