Hafnia Balance Sheet Health
Financial Health criteria checks 6/6
Hafnia has a total shareholder equity of $2.3B and total debt of $562.2M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are $3.7B and $1.4B respectively. Hafnia's EBIT is $619.7M making its interest coverage ratio 17.8. It has cash and short-term investments of $188.1M.
Key information
24.67%
Debt to equity ratio
US$562.16m
Debt
| Interest coverage ratio | 17.8x |
| Cash | US$188.14m |
| Equity | US$2.28b |
| Total liabilities | US$1.42b |
| Total assets | US$3.70b |
Recent financial health updates
Is Hafnia (OB:HAFNI) A Risky Investment?
Apr 22
Is Hafnia (OB:HAFNI) Using Too Much Debt?
Jan 03Is Hafnia (OB:HAFNI) Using Too Much Debt?
Feb 23These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Safely
Nov 06Hafnia (OB:HAFNI) Has A Rock Solid Balance Sheet
Aug 05Hafnia (OB:HAFNI) Has A Pretty Healthy Balance Sheet
Apr 14Recent updates
Improved Earnings Required Before Hafnia Limited (OB:HAFNI) Stock's 26% Jump Looks Justified
May 10Is Hafnia (OB:HAFNI) A Risky Investment?
Apr 22The Market Doesn't Like What It Sees From Hafnia Limited's (OB:HAFNI) Earnings Yet As Shares Tumble 25%
Mar 05
Relocating To Singapore Could Improve Shipping Efficiency, But Analysts Expect Earnings To Decline
Redomiciliation to Singapore strengthens Hafnia's strategic position and potentially enhances revenue through operational efficiencies.Investors Shouldn't Overlook Hafnia's (OB:HAFNI) Impressive Returns On Capital
Jan 20Is Hafnia (OB:HAFNI) Using Too Much Debt?
Jan 03Hafnia Limited's (OB:HAFNI) Earnings Are Not Doing Enough For Some Investors
Oct 28Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital
Oct 07We Think Shareholders Will Probably Be Generous With Hafnia Limited's (OB:HAFNI) CEO Compensation
Jul 04Hafnia Limited's (OB:HAFNI) Share Price Is Matching Sentiment Around Its Earnings
Jun 21Why The 24% Return On Capital At Hafnia (OB:HAFNI) Should Have Your Attention
May 31Concerns Surrounding Hafnia's (OB:HAFNI) Performance
Mar 13Is Hafnia (OB:HAFNI) Using Too Much Debt?
Feb 23Insufficient Growth At Hafnia Limited (OB:HAFNI) Hampers Share Price
Feb 05Here's Why We Think Hafnia (OB:HAFNI) Might Deserve Your Attention Today
Jan 18Returns On Capital Are A Standout For Hafnia (OB:HAFNI)
Dec 31These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Safely
Nov 06Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital
Sep 28Is Hafnia Limited (OB:HAFNI) Trading At A 31% Discount?
Aug 23Hafnia (OB:HAFNI) Has A Rock Solid Balance Sheet
Aug 05Hafnia (OB:HAFNI) Is Very Good At Capital Allocation
Jun 12Some Hafnia Limited (OB:HAFNI) Analysts Just Made A Major Cut To Next Year's Estimates
May 20Hafnia Limited (OB:HAFNI) Shares Could Be 50% Below Their Intrinsic Value Estimate
May 16New Forecasts: Here's What Analysts Think The Future Holds For Hafnia Limited (OB:HAFNI)
Apr 25Hafnia (OB:HAFNI) Has A Pretty Healthy Balance Sheet
Apr 14Investors Will Want Hafnia's (OB:HAFNI) Growth In ROCE To Persist
Feb 25Financial Position Analysis
Short Term Liabilities: HAFNI's short term assets ($889.0M) exceed its short term liabilities ($724.5M).
Long Term Liabilities: HAFNI's short term assets ($889.0M) exceed its long term liabilities ($693.5M).
Debt to Equity History and Analysis
Debt Level: HAFNI's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: HAFNI's debt to equity ratio has reduced from 108.4% to 24.7% over the past 5 years.
Debt Coverage: HAFNI's debt is well covered by operating cash flow (163.5%).
Interest Coverage: HAFNI's interest payments on its debt are well covered by EBIT (17.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 00:04 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Hafnia Limited is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Gregory Lewis | BTIG |
| Hans Rettedal Christiansen | Danske Bank |