HF Foods Group Balance Sheet Health
Financial Health criteria checks 5/6
HF Foods Group has a total shareholder equity of $288.0M and total debt of $172.7M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are $596.5M and $308.5M respectively. HF Foods Group's EBIT is $10.2M making its interest coverage ratio 0.8. It has cash and short-term investments of $15.2M.
Key information
60.0%
Debt to equity ratio
US$172.73m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$15.23m |
| Equity | US$287.98m |
| Total liabilities | US$308.54m |
| Total assets | US$596.52m |
Recent financial health updates
Health Check: How Prudently Does HF Foods Group (NASDAQ:HFFG) Use Debt?
Aug 16
Is HF Foods Group (NASDAQ:HFFG) A Risky Investment?
Feb 10Recent updates
Investors Give HF Foods Group Inc. (NASDAQ:HFFG) Shares A 26% Hiding
Mar 12Health Check: How Prudently Does HF Foods Group (NASDAQ:HFFG) Use Debt?
Aug 16Is HF Foods Group (NASDAQ:HFFG) A Risky Investment?
Feb 10HF Foods Group's (NASDAQ:HFFG) Solid Earnings May Rest On Weak Foundations
Feb 10HF Foods receives Nasdaq notice for delisting; requests hearing
Oct 05HF Foods receives additional Nasdaq non-compliance letter
Aug 17HF Foods Group reports Q2 results
Aug 10HF Foods appoints Carlos Rodriguez as CFO
Jul 14HF Foods Group (NASDAQ:HFFG) Has A Somewhat Strained Balance Sheet
Jan 22HF Foods Group reports Q3 results
Nov 09Financial Position Analysis
Short Term Liabilities: HFFG's short term assets ($178.8M) exceed its short term liabilities ($143.3M).
Long Term Liabilities: HFFG's short term assets ($178.8M) exceed its long term liabilities ($165.3M).
Debt to Equity History and Analysis
Debt Level: HFFG's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: HFFG's debt to equity ratio has reduced from 66% to 60% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HFFG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HFFG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.3% per year.