High Liner Foods Incorporated

TSX:HLF Stock Report

Market Cap: CA$438.4m

High Liner Foods Balance Sheet Health

Financial Health criteria checks 4/6

High Liner Foods has a total shareholder equity of $385.9M and total debt of $242.0M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are $834.4M and $448.5M respectively. High Liner Foods's EBIT is $68.4M making its interest coverage ratio 2.6. It has cash and short-term investments of $7.3M.

Key information

62.7%

Debt to equity ratio

US$241.98m

Debt

Interest coverage ratio2.6x
CashUS$7.30m
EquityUS$385.86m
Total liabilitiesUS$448.54m
Total assetsUS$834.40m

Recent financial health updates

Recent updates

High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.13

May 23
High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.13

High Liner Foods (TSE:HLF) Has Announced That It Will Be Increasing Its Dividend To $0.13

Feb 27
High Liner Foods (TSE:HLF) Has Announced That It Will Be Increasing Its Dividend To $0.13

High Liner Foods' (TSE:HLF) Upcoming Dividend Will Be Larger Than Last Year's

Nov 13
High Liner Foods' (TSE:HLF) Upcoming Dividend Will Be Larger Than Last Year's

High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet

Jul 15
High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet

We Think Some Shareholders May Hesitate To Increase High Liner Foods Incorporated's (TSE:HLF) CEO Compensation

May 12
We Think Some Shareholders May Hesitate To Increase High Liner Foods Incorporated's (TSE:HLF) CEO Compensation

Read This Before Buying High Liner Foods Incorporated (TSE:HLF) For Its Dividend

Apr 14
Read This Before Buying High Liner Foods Incorporated (TSE:HLF) For Its Dividend

Is High Liner Foods (TSE:HLF) A Risky Investment?

Mar 30
Is High Liner Foods (TSE:HLF) A Risky Investment?

What Type Of Shareholders Make Up High Liner Foods Incorporated's (TSE:HLF) Share Registry?

Mar 17
What Type Of Shareholders Make Up High Liner Foods Incorporated's (TSE:HLF) Share Registry?

Independent Chairman Robert Pace Just Bought 7.1% More Shares In High Liner Foods Incorporated (TSE:HLF)

Mar 04
Independent Chairman Robert Pace Just Bought 7.1% More Shares In High Liner Foods Incorporated (TSE:HLF)

High Liner Foods (TSE:HLF) Shareholders Have Enjoyed A 39% Share Price Gain

Feb 22
High Liner Foods (TSE:HLF) Shareholders Have Enjoyed A 39% Share Price Gain

Is There An Opportunity With High Liner Foods Incorporated's (TSE:HLF) 48% Undervaluation?

Feb 09
Is There An Opportunity With High Liner Foods Incorporated's (TSE:HLF) 48% Undervaluation?

Should We Be Cautious About High Liner Foods Incorporated's (TSE:HLF) ROE Of 6.6%?

Jan 27
Should We Be Cautious About High Liner Foods Incorporated's (TSE:HLF) ROE Of 6.6%?

How Many High Liner Foods Incorporated (TSE:HLF) Shares Did Insiders Buy, In The Last Year?

Jan 12
How Many High Liner Foods Incorporated (TSE:HLF) Shares Did Insiders Buy, In The Last Year?

Should You Buy High Liner Foods Incorporated (TSE:HLF) For Its Dividend?

Dec 28
Should You Buy High Liner Foods Incorporated (TSE:HLF) For Its Dividend?

Do Institutions Own High Liner Foods Incorporated (TSE:HLF) Shares?

Dec 14
Do Institutions Own High Liner Foods Incorporated (TSE:HLF) Shares?

These 4 Measures Indicate That High Liner Foods (TSE:HLF) Is Using Debt Reasonably Well

Nov 30
These 4 Measures Indicate That High Liner Foods (TSE:HLF) Is Using Debt Reasonably Well

Investors Appear Satisfied With High Liner Foods Incorporated's (TSE:HLF) Prospects

Aug 12
Investors Appear Satisfied With High Liner Foods Incorporated's (TSE:HLF) Prospects

Financial Position Analysis

Short Term Liabilities: HLF's short term assets ($417.3M) exceed its short term liabilities ($163.4M).

Long Term Liabilities: HLF's short term assets ($417.3M) exceed its long term liabilities ($285.2M).


Debt to Equity History and Analysis

Debt Level: HLF's net debt to equity ratio (60.8%) is considered high.

Reducing Debt: HLF's debt to equity ratio has reduced from 139.2% to 62.7% over the past 5 years.

Debt Coverage: HLF's debt is well covered by operating cash flow (74.1%).

Interest Coverage: HLF's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.