HNI Balance Sheet Health
Financial Health criteria checks 3/6
HNI has a total shareholder equity of $788.1M and total debt of $462.4M, which brings its debt-to-equity ratio to 58.7%. Its total assets and total liabilities are $1.9B and $1.2B respectively. HNI's EBIT is $216.8M making its interest coverage ratio 6.7. It has cash and short-term investments of $33.5M.
Key information
58.7%
Debt to equity ratio
US$462.40m
Debt
| Interest coverage ratio | 6.7x |
| Cash | US$33.50m |
| Equity | US$788.10m |
| Total liabilities | US$1.15b |
| Total assets | US$1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HO9's short term assets ($568.1M) exceed its short term liabilities ($474.2M).
Long Term Liabilities: HO9's short term assets ($568.1M) do not cover its long term liabilities ($678.5M).
Debt to Equity History and Analysis
Debt Level: HO9's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: HO9's debt to equity ratio has increased from 54.1% to 58.7% over the past 5 years.
Debt Coverage: HO9's debt is well covered by operating cash flow (59.4%).
Interest Coverage: HO9's interest payments on its debt are well covered by EBIT (6.7x coverage).