Hooker Furnishings Corporation

NasdaqGS:HOFT Stock Report

Market Cap: US$244.6m

Hooker Furnishings Balance Sheet Health

Financial Health criteria checks 6/6

Hooker Furnishings has a total shareholder equity of $227.8M and total debt of $23.2M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are $354.5M and $126.7M respectively. Hooker Furnishings's EBIT is $12.8M making its interest coverage ratio 10.9. It has cash and short-term investments of $39.8M.

Key information

10.2%

Debt to equity ratio

US$23.22m

Debt

Interest coverage ratio10.9x
CashUS$39.80m
EquityUS$227.79m
Total liabilitiesUS$126.71m
Total assetsUS$354.50m

Recent financial health updates

Recent updates

Hooker Furnishings: Facing Headwinds That Could Lead To Underperformance

Mar 10

Hooker Furnishings: Temporary Headwinds Haven't Created An Attractive Buying Level

Feb 23

The Market Lifts Hooker Furnishings Corporation (NASDAQ:HOFT) Shares 40% But It Can Do More

Dec 21
The Market Lifts Hooker Furnishings Corporation (NASDAQ:HOFT) Shares 40% But It Can Do More

Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.23

Dec 13
Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.23

Is There An Opportunity With Hooker Furnishings Corporation's (NASDAQ:HOFT) 24% Undervaluation?

Dec 06
Is There An Opportunity With Hooker Furnishings Corporation's (NASDAQ:HOFT) 24% Undervaluation?

Hooker Furnishings' (NASDAQ:HOFT) Dividend Will Be Increased To $0.22

Mar 09
Hooker Furnishings' (NASDAQ:HOFT) Dividend Will Be Increased To $0.22

Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.22

Dec 10
Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.22

Hooker Furnishings Saved By Domestic Upholstery Contribution

Sep 23

Hooker Furniture Q2 2023 Earnings Preview

Sep 07

Why Hooker Furnishings Corporation (NASDAQ:HOFT) Could Be Worth Watching

May 28
Why Hooker Furnishings Corporation (NASDAQ:HOFT) Could Be Worth Watching

Hooker Furnishings: Weak Quarter, Net Cash 44% Of Market Cap; Strong Backlog

Apr 18

Hooker Furnishings: Shopping For Value

Feb 23

Hooker Furniture: Weak Quarter On Short-Term Issues, Backlog Up +300%, Dividend Raised To 3.5% Yield

Dec 10

A Look At The Fair Value Of Hooker Furnishings Corporation (NASDAQ:HOFT)

Nov 30
A Look At The Fair Value Of Hooker Furnishings Corporation (NASDAQ:HOFT)

Hooker Furniture's (NASDAQ:HOFT) Solid Profits Have Weak Fundamentals

Sep 16
Hooker Furniture's (NASDAQ:HOFT) Solid Profits Have Weak Fundamentals

Hooker Furniture: Second Quarter Sales Up Double Digits, Record Backlog, Stock Has Upside Of 100%

Sep 14

Hooker Furniture: A Cheap Stock In An Overvalued Market

Sep 02

Hooker Furniture: Record Results And Backlog, Earnings Beat Equals High Upside

Jun 11

News Flash: Analysts Just Made A Meaningful Upgrade To Their Hooker Furniture Corporation (NASDAQ:HOFT) Forecasts

Jun 05
News Flash: Analysts Just Made A Meaningful Upgrade To Their Hooker Furniture Corporation (NASDAQ:HOFT) Forecasts

Hooker Furniture EPS beats by $0.57, beats on revenue

Jun 04

Could Hooker Furniture Corporation (NASDAQ:HOFT) Have The Makings Of Another Dividend Aristocrat?

Mar 30
Could Hooker Furniture Corporation (NASDAQ:HOFT) Have The Makings Of Another Dividend Aristocrat?

We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend

Mar 11
We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend

If You Had Bought Hooker Furniture (NASDAQ:HOFT) Shares A Year Ago You'd Have Earned 116% Returns

Mar 08
If You Had Bought Hooker Furniture (NASDAQ:HOFT) Shares A Year Ago You'd Have Earned 116% Returns

A Look At The Fair Value Of Hooker Furniture Corporation (NASDAQ:HOFT)

Feb 18
A Look At The Fair Value Of Hooker Furniture Corporation (NASDAQ:HOFT)

Hooker Furnishings has a new CEO

Feb 04

At US$30.13, Is It Time To Put Hooker Furniture Corporation (NASDAQ:HOFT) On Your Watch List?

Jan 31
At US$30.13, Is It Time To Put Hooker Furniture Corporation (NASDAQ:HOFT) On Your Watch List?

Have Hooker Furniture Corporation (NASDAQ:HOFT) Insiders Been Selling Their Stock?

Jan 13
Have Hooker Furniture Corporation (NASDAQ:HOFT) Insiders Been Selling Their Stock?

Does Hooker Furniture (NASDAQ:HOFT) Have A Healthy Balance Sheet?

Jan 03
Does Hooker Furniture (NASDAQ:HOFT) Have A Healthy Balance Sheet?

Results: Hooker Furniture Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Dec 13
Results: Hooker Furniture Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend

Dec 10
We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend

Financial Position Analysis

Short Term Liabilities: HOFT's short term assets ($173.0M) exceed its short term liabilities ($46.6M).

Long Term Liabilities: HOFT's short term assets ($173.0M) exceed its long term liabilities ($80.1M).


Debt to Equity History and Analysis

Debt Level: HOFT has more cash than its total debt.

Reducing Debt: HOFT's debt to equity ratio has reduced from 15% to 10.2% over the past 5 years.

Debt Coverage: HOFT's debt is well covered by operating cash flow (293.7%).

Interest Coverage: HOFT's interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet


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