HNI Balance Sheet Health
Financial Health criteria checks 3/6
HNI has a total shareholder equity of $761.7M and total debt of $435.8M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $1.9B and $1.2B respectively. HNI's EBIT is $177.3M making its interest coverage ratio 7. It has cash and short-term investments of $34.5M.
Key information
57.2%
Debt to equity ratio
US$435.80m
Debt
| Interest coverage ratio | 7x |
| Cash | US$34.50m |
| Equity | US$761.70m |
| Total liabilities | US$1.17b |
| Total assets | US$1.93b |
Recent financial health updates
Is HNI (NYSE:HNI) A Risky Investment?
Nov 09
Here's Why HNI (NYSE:HNI) Can Manage Its Debt Responsibly
Aug 10Is HNI (NYSE:HNI) A Risky Investment?
Feb 06Does HNI (NYSE:HNI) Have A Healthy Balance Sheet?
Aug 28HNI (NYSE:HNI) Seems To Use Debt Quite Sensibly
May 18Recent updates
Is There An Opportunity With HNI Corporation's (NYSE:HNI) 46% Undervaluation?
Apr 05HNI: Insufficient Margin Of Safety Given Its Modest Growth Outlook
Feb 05Should You Investigate HNI Corporation (NYSE:HNI) At US$42.35?
Dec 23HNI Corporation: Good Execution And End-Markets Bottoming Should Drive Outperformance
Nov 20Is HNI (NYSE:HNI) A Risky Investment?
Nov 09Is There Now An Opportunity In HNI Corporation (NYSE:HNI)?
Sep 10HNI's (NYSE:HNI) Dividend Will Be $0.32
Aug 18HNI Corporation: Dividend Trends Post Q2 Earnings Beat
Aug 17Here's Why HNI (NYSE:HNI) Can Manage Its Debt Responsibly
Aug 10Upgrade: The Latest Revenue Forecasts For HNI Corporation (NYSE:HNI)
Jun 26HNI (NYSE:HNI) Is Paying Out A Dividend Of $0.32
Jun 02HNI And Kimball Tie-Up May Be MillerKnoll 2.0
May 31HNI (NYSE:HNI) Will Pay A Dividend Of $0.32
May 19Are Investors Undervaluing HNI Corporation (NYSE:HNI) By 46%?
Apr 27Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital
Mar 28HNI Non-GAAP EPS of $2.20, revenue of $568.9M
Feb 23HNI declares $0.32 dividend
Feb 14Is HNI (NYSE:HNI) A Risky Investment?
Feb 06An Intrinsic Calculation For HNI Corporation (NYSE:HNI) Suggests It's 45% Undervalued
Jan 09HNI: Moving To Neutral
Dec 19At US$27.39, Is HNI Corporation (NYSE:HNI) Worth Looking At Closely?
Dec 11Investors Could Be Concerned With HNI's (NYSE:HNI) Returns On Capital
Nov 11HNI declares $0.32 dividend
Nov 09HNI Non-GAAP EPS of $0.71 beats by $0.06, revenue of $598.8M misses by $43.49M
Oct 24HNI Corporation: Near-Term Headwinds, But Long-Term Prospects Look Good
Aug 29Does HNI (NYSE:HNI) Have A Healthy Balance Sheet?
Aug 28HNI declares $0.32 dividend
Aug 16An Intrinsic Calculation For HNI Corporation (NYSE:HNI) Suggests It's 34% Undervalued
Aug 15HNI's (NYSE:HNI) Returns On Capital Not Reflecting Well On The Business
Aug 03HNI FQ2 Non-GAAP EPS, revenue beats
Jul 28HNI Corporation sales Lamex office furniture business for $75M
Jul 20What Does HNI Corporation's (NYSE:HNI) Share Price Indicate?
Jul 05HNI's (NYSE:HNI) Shareholders Will Receive A Bigger Dividend Than Last Year
May 20HNI (NYSE:HNI) Seems To Use Debt Quite Sensibly
May 18HNI Corporation's Outperformance Should Continue
May 16HNI (NYSE:HNI) May Have Issues Allocating Its Capital
May 03Financial Position Analysis
Short Term Liabilities: HNI's short term assets ($535.9M) exceed its short term liabilities ($463.7M).
Long Term Liabilities: HNI's short term assets ($535.9M) do not cover its long term liabilities ($703.4M).
Debt to Equity History and Analysis
Debt Level: HNI's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: HNI's debt to equity ratio has increased from 31% to 57.2% over the past 5 years.
Debt Coverage: HNI's debt is well covered by operating cash flow (61.4%).
Interest Coverage: HNI's interest payments on its debt are well covered by EBIT (7x coverage).