HF Foods Group Balance Sheet Health
Financial Health criteria checks 3/6
HF Foods Group has a total shareholder equity of $285.6M and total debt of $179.5M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are $612.8M and $327.1M respectively. HF Foods Group's EBIT is $14.3M making its interest coverage ratio 0.9. It has cash and short-term investments of $11.4M.
Key information
62.8%
Debt to equity ratio
US$179.48m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$11.45m |
| Equity | US$285.61m |
| Total liabilities | US$327.14m |
| Total assets | US$612.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3GX's short term assets ($192.9M) exceed its short term liabilities ($163.1M).
Long Term Liabilities: 3GX's short term assets ($192.9M) exceed its long term liabilities ($164.0M).
Debt to Equity History and Analysis
Debt Level: 3GX's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 3GX's debt to equity ratio has reduced from 108.6% to 62.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3GX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3GX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.