Hagar hf Balance Sheet Health
Financial Health criteria checks 2/6
Hagar hf has a total shareholder equity of ISK28.2B and total debt of ISK17.1B, which brings its debt-to-equity ratio to 60.7%. Its total assets and total liabilities are ISK77.2B and ISK49.0B respectively. Hagar hf's EBIT is ISK8.0B making its interest coverage ratio 3. It has cash and short-term investments of ISK1.8B.
Key information
60.7%
Debt to equity ratio
Kr17.10b
Debt
| Interest coverage ratio | 3x |
| Cash | Kr1.83b |
| Equity | Kr28.19b |
| Total liabilities | Kr49.03b |
| Total assets | Kr77.21b |
Recent financial health updates
Does Hagar hf (ICE:HAGA) Have A Healthy Balance Sheet?
Jun 06
Hagar 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
Investors 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 (ISK21.1B) do not cover its short term liabilities (ISK25.9B).
Long Term Liabilities: HAGA's short term assets (ISK21.1B) do not cover its long term liabilities (ISK23.1B).
Debt to Equity History and Analysis
Debt Level: HAGA's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: HAGA's debt to equity ratio has increased from 53.6% to 60.7% over the past 5 years.
Debt Coverage: HAGA's debt is well covered by operating cash flow (50.8%).
Interest Coverage: HAGA's interest payments on its debt are well covered by EBIT (3x coverage).