HKFoods Oyj Balance Sheet Health
Financial Health criteria checks 5/6
HKFoods Oyj has a total shareholder equity of €219.8M and total debt of €140.5M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are €591.0M and €371.2M respectively. HKFoods Oyj's EBIT is €23.2M making its interest coverage ratio 1.2. It has cash and short-term investments of €15.9M.
Key information
63.9%
Debt to equity ratio
€140.50m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €15.90m |
| Equity | €219.80m |
| Total liabilities | €371.20m |
| Total assets | €591.00m |
Recent financial health updates
Does HKScan Oyj (HEL:HKSAV) Have A Healthy Balance Sheet?
Dec 30
Does HKScan Oyj (HEL:HKSAV) Have A Healthy Balance Sheet?
Feb 12HKScan Oyj (HEL:HKSAV) Takes On Some Risk With Its Use Of Debt
Feb 22Recent updates
Does HKScan Oyj (HEL:HKSAV) Have A Healthy Balance Sheet?
Dec 30Does HKScan Oyj (HEL:HKSAV) Have A Healthy Balance Sheet?
Feb 12We Like These Underlying Return On Capital Trends At HKScan Oyj (HEL:HKSAV)
Nov 17HKScan Oyj (HEL:HKSAV) Is Increasing Its Dividend To €0.04
Mar 29HKScan Oyj's (HEL:HKSAV) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 13HKScan Oyj (HEL:HKSAV) Is Increasing Its Dividend To €0.04
Feb 27HKScan Oyj's (HEL:HKSAV) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 13Return Trends At HKScan Oyj (HEL:HKSAV) Aren't Appealing
Nov 30We Think You Should Be Aware Of Some Concerning Factors In HKScan Oyj's (HEL:HKSAV) Earnings
Jul 25HKScan Oyj (HEL:HKSAV) Is Finding It Tricky To Allocate Its Capital
Apr 29Are Dividend Investors Getting More Than They Bargained For With HKScan Oyj's (HEL:HKSAV) Dividend?
Mar 22HKScan Oyj (HEL:HKSAV) Takes On Some Risk With Its Use Of Debt
Feb 22Is HKScan Oyj (HEL:HKSAV) Popular Amongst Institutions?
Feb 01
HKScan Oyj's (HEL:HKSAV) Has Found A Path To Profitability
Jan 11How Much Did HKScan Oyj's(HEL:HKSAV) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 20Will HKScan Oyj's (HEL:HKSAV) Growth In ROCE Persist?
Nov 28Financial Position Analysis
Short Term Liabilities: HKFOODS's short term assets (€220.4M) exceed its short term liabilities (€191.9M).
Long Term Liabilities: HKFOODS's short term assets (€220.4M) exceed its long term liabilities (€179.3M).
Debt to Equity History and Analysis
Debt Level: HKFOODS's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: HKFOODS's debt to equity ratio has reduced from 80.7% to 63.9% 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: Whilst unprofitable HKFOODS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HKFOODS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.8% per year.