Hafnia Balance Sheet Health
Financial Health criteria checks 5/6
Hafnia has a total shareholder equity of $2.4B and total debt of $587.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $3.9B and $1.5B respectively. Hafnia's EBIT is $790.8M making its interest coverage ratio 16.3. It has cash and short-term investments of $128.9M.
Key information
24.9%
Debt to equity ratio
US$587.55m
Debt
| Interest coverage ratio | 16.3x |
| Cash | US$128.92m |
| Equity | US$2.36b |
| Total liabilities | US$1.54b |
| Total assets | US$3.90b |
Recent financial health updates
Is Hafnia (OB:HAFNI) Using Too Much Debt?
Feb 23
These 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 14Is Hafnia (OB:HAFNI) A Risky Investment?
Dec 30Hafnia (OB:HAFNI) Has A Somewhat Strained Balance Sheet
Sep 02Recent updates
We 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 25Is Hafnia (OB:HAFNI) A Risky Investment?
Dec 30Some Analysts Just Cut Their Hafnia Limited (OB:HAFNI) Estimates
Dec 09Hafnia Limited (OB:HAFNI) Shares Could Be 23% Below Their Intrinsic Value Estimate
Nov 22Hafnia's (OB:HAFNI) Returns On Capital Are Heading Higher
Oct 31Hafnia (OB:HAFNI) Has A Somewhat Strained Balance Sheet
Sep 02Analysts Just Made A Massive Upgrade To Their Hafnia Limited (OB:HAFNI) Forecasts
Aug 11Upgrade: Analysts Just Made A Notable Increase To Their Hafnia Limited (OB:HAFNI) Forecasts
May 26Is Hafnia Limited (OB:HAFNI) Trading At A 50% Discount?
May 18Some Investors May Be Worried About Hafnia's (OB:HAFNI) Returns On Capital
Apr 20Here's What's Concerning About Hafnia's (OB:HAFNI) Returns On Capital
Nov 18Hafnia (OB:HAFNI) Is Experiencing Growth In Returns On Capital
Jul 20These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Reasonably Well
Apr 29Financial Position Analysis
Short Term Liabilities: HAFNI's short term assets ($939.0M) exceed its short term liabilities ($597.0M).
Long Term Liabilities: HAFNI's short term assets ($939.0M) do not cover its long term liabilities ($944.9M).
Debt to Equity History and Analysis
Debt Level: HAFNI's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: HAFNI's debt to equity ratio has reduced from 124.4% to 24.9% over the past 5 years.
Debt Coverage: HAFNI's debt is well covered by operating cash flow (162.6%).
Interest Coverage: HAFNI's interest payments on its debt are well covered by EBIT (16.3x coverage).