Hooker Furnishings Balance Sheet Health
Financial Health criteria checks 6/6
Hooker Furnishings has a total shareholder equity of $226.0M and total debt of $22.9M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are $343.6M and $117.6M respectively. Hooker Furnishings's EBIT is $12.2M making its interest coverage ratio 7.8. It has cash and short-term investments of $43.2M.
Key information
10.1%
Debt to equity ratio
US$22.87m
Debt
Interest coverage ratio | 7.8x |
Cash | US$43.16m |
Equity | US$225.98m |
Total liabilities | US$117.61m |
Total assets | US$343.59m |
Recent financial health updates
Recent updates
Positive Sentiment Still Eludes Hooker Furnishings Corporation (NASDAQ:HOFT) Following 27% Share Price Slump
Apr 27Hooker Furnishings' (NASDAQ:HOFT) Solid Earnings Have Been Accounted For Conservatively
Apr 25Investors Could Be Concerned With Hooker Furnishings' (NASDAQ:HOFT) Returns On Capital
Apr 11Hooker 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 03Financial Position Analysis
Short Term Liabilities: HOFT's short term assets ($164.8M) exceed its short term liabilities ($41.4M).
Long Term Liabilities: HOFT's short term assets ($164.8M) exceed its long term liabilities ($76.2M).
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 13.6% to 10.1% over the past 5 years.
Debt Coverage: HOFT's debt is well covered by operating cash flow (242.5%).
Interest Coverage: HOFT's interest payments on its debt are well covered by EBIT (7.8x coverage).