HF Foods Group Balance Sheet Health
Financial Health criteria checks 3/6
HF Foods Group has a total shareholder equity of $285.6M and total debt of $179.5M, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are $612.8M and $327.1M respectively. HF Foods Group's EBIT is $14.3M making its interest coverage ratio 0.9. It has cash and short-term investments of $11.4M.
Key information
62.8%
Debt to equity ratio
US$179.48m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$11.45m |
| Equity | US$285.61m |
| Total liabilities | US$327.14m |
| Total assets | US$612.75m |
Recent financial health updates
HF Foods Group (NASDAQ:HFFG) Use Of Debt Could Be Considered Risky
Sep 20
Health Check: How Prudently Does HF Foods Group (NASDAQ:HFFG) Use Debt?
Aug 16Is HF Foods Group (NASDAQ:HFFG) A Risky Investment?
Feb 10Recent updates
HF Foods Group (NASDAQ:HFFG) Use Of Debt Could Be Considered Risky
Sep 20HF Foods Group Inc. (NASDAQ:HFFG) Might Not Be As Mispriced As It Looks
Jul 02Investors 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 ($192.9M) exceed its short term liabilities ($163.1M).
Long Term Liabilities: HFFG's short term assets ($192.9M) exceed its long term liabilities ($164.0M).
Debt to Equity History and Analysis
Debt Level: HFFG's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: HFFG's debt to equity ratio has reduced from 108.6% to 62.8% 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: HFFG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HFFG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.