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 ratio | 2.6x |
Cash | US$7.30m |
Equity | US$385.86m |
Total liabilities | US$448.54m |
Total assets | US$834.40m |
Recent financial health updates
High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet
Jul 15Is High Liner Foods (TSE:HLF) A Risky Investment?
Mar 30These 4 Measures Indicate That High Liner Foods (TSE:HLF) Is Using Debt Reasonably Well
Nov 30Recent updates
High 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 27How Many High Liner Foods Incorporated (TSE:HLF) Shares Did Insiders Buy, In The Last Year?
Jan 12Should You Buy High Liner Foods Incorporated (TSE:HLF) For Its Dividend?
Dec 28Do Institutions Own High Liner Foods Incorporated (TSE:HLF) Shares?
Dec 14These 4 Measures Indicate That High Liner Foods (TSE:HLF) Is Using Debt Reasonably Well
Nov 30Investors Appear Satisfied With High Liner Foods Incorporated's (TSE:HLF) Prospects
Aug 12Financial 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).