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 ratio | 10.9x |
Cash | US$39.80m |
Equity | US$227.79m |
Total liabilities | US$126.71m |
Total assets | US$354.50m |
Recent financial health updates
Recent updates
Hooker Furnishings: Facing Headwinds That Could Lead To Underperformance
Mar 10Hooker Furnishings: Temporary Headwinds Haven't Created An Attractive Buying Level
Feb 23The Market Lifts Hooker Furnishings Corporation (NASDAQ:HOFT) Shares 40% But It Can Do More
Dec 21Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.23
Dec 13Is There An Opportunity With Hooker Furnishings Corporation's (NASDAQ:HOFT) 24% Undervaluation?
Dec 06Hooker Furnishings' (NASDAQ:HOFT) Dividend Will Be Increased To $0.22
Mar 09Hooker Furnishings (NASDAQ:HOFT) Is Increasing Its Dividend To $0.22
Dec 10Hooker Furnishings Saved By Domestic Upholstery Contribution
Sep 23Hooker Furniture Q2 2023 Earnings Preview
Sep 07Why Hooker Furnishings Corporation (NASDAQ:HOFT) Could Be Worth Watching
May 28Hooker Furnishings: Weak Quarter, Net Cash 44% Of Market Cap; Strong Backlog
Apr 18Hooker Furnishings: Shopping For Value
Feb 23Hooker Furniture: Weak Quarter On Short-Term Issues, Backlog Up +300%, Dividend Raised To 3.5% Yield
Dec 10A Look At The Fair Value Of Hooker Furnishings Corporation (NASDAQ:HOFT)
Nov 30Hooker Furniture's (NASDAQ:HOFT) Solid Profits Have Weak Fundamentals
Sep 16Hooker Furniture: Second Quarter Sales Up Double Digits, Record Backlog, Stock Has Upside Of 100%
Sep 14Hooker Furniture: A Cheap Stock In An Overvalued Market
Sep 02Hooker Furniture: Record Results And Backlog, Earnings Beat Equals High Upside
Jun 11News Flash: Analysts Just Made A Meaningful Upgrade To Their Hooker Furniture Corporation (NASDAQ:HOFT) Forecasts
Jun 05Hooker Furniture EPS beats by $0.57, beats on revenue
Jun 04Could Hooker Furniture Corporation (NASDAQ:HOFT) Have The Makings Of Another Dividend Aristocrat?
Mar 30We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend
Mar 11If You Had Bought Hooker Furniture (NASDAQ:HOFT) Shares A Year Ago You'd Have Earned 116% Returns
Mar 08A Look At The Fair Value Of Hooker Furniture Corporation (NASDAQ:HOFT)
Feb 18Hooker Furnishings has a new CEO
Feb 04At US$30.13, Is It Time To Put Hooker Furniture Corporation (NASDAQ:HOFT) On Your Watch List?
Jan 31Have Hooker Furniture Corporation (NASDAQ:HOFT) Insiders Been Selling Their Stock?
Jan 13Does Hooker Furniture (NASDAQ:HOFT) Have A Healthy Balance Sheet?
Jan 03Results: Hooker Furniture Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Dec 13We Wouldn't Be Too Quick To Buy Hooker Furniture Corporation (NASDAQ:HOFT) Before It Goes Ex-Dividend
Dec 10Financial 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).