Hagar hf Balance Sheet Health
Financial Health criteria checks 3/6
Hagar hf has a total shareholder equity of ISK29.7B and total debt of ISK19.8B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are ISK83.9B and ISK54.2B respectively. Hagar hf's EBIT is ISK8.6B making its interest coverage ratio 2.9. It has cash and short-term investments of ISK6.7B.
Key information
66.7%
Debt to equity ratio
ISK 19.78b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ISK 6.73b |
| Equity | ISK 29.67b |
| Total liabilities | ISK 54.22b |
| Total assets | ISK 83.89b |
Recent financial health updates
We Think Hagar hf (ICE:HAGA) Can Stay On Top Of Its Debt
Dec 03
Does Hagar hf (ICE:HAGA) Have A Healthy Balance Sheet?
Jun 06Hagar hf (ICE:HAGA) Has A Somewhat Strained Balance Sheet
Mar 02We Think Hagar hf (ICE:HAGA) Can Stay On Top Of Its Debt
Nov 20
Recent updates
We Think Hagar hf (ICE:HAGA) Can Stay On Top Of Its Debt
Dec 03Investors Appear Satisfied With Hagar hf's (ICE:HAGA) Prospects
Dec 22Hagar hf's (ICE:HAGA) Returns On Capital Not Reflecting Well On The Business
Sep 09Estimating The Fair Value Of Hagar hf (ICE:HAGA)
Jul 13Hagar hf (ICE:HAGA) Might Be Having Difficulty Using Its Capital Effectively
Mar 15Does Hagar hf (ICE:HAGA) Have A Healthy Balance Sheet?
Jun 06Hagar hf's (ICE:HAGA) Returns On Capital Not Reflecting Well On The Business
Mar 23Hagar hf (ICE:HAGA) Has A Somewhat Strained Balance Sheet
Mar 02Hagar hf's (ICE:HAGA) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Feb 09Did You Miss Hagar hf's (ICE:HAGA) 51% Share Price Gain?
Jan 14Will Hagar hf (ICE:HAGA) Multiply In Value Going Forward?
Dec 12We Think Hagar hf (ICE:HAGA) Can Stay On Top Of Its Debt
Nov 20Financial Position Analysis
Short Term Liabilities: HAGA's short term assets (ISK27.6B) exceed its short term liabilities (ISK27.2B).
Long Term Liabilities: HAGA's short term assets (ISK27.6B) exceed its long term liabilities (ISK27.0B).
Debt to Equity History and Analysis
Debt Level: HAGA's net debt to equity ratio (44%) is considered high.
Reducing Debt: HAGA's debt to equity ratio has increased from 52.4% to 66.7% over the past 5 years.
Debt Coverage: HAGA's debt is well covered by operating cash flow (50.1%).
Interest Coverage: HAGA's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 13:30 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hagar hf is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.