Huadi International Group Balance Sheet Health
Financial Health criteria checks 5/6
Huadi International Group has a total shareholder equity of $74.7M and total debt of $11.5M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are $103.0M and $28.3M respectively. Huadi International Group's EBIT is $2.5M making its interest coverage ratio 8.3. It has cash and short-term investments of $20.2M.
Key information
15.4%
Debt to equity ratio
US$11.52m
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$20.19m |
| Equity | US$74.68m |
| Total liabilities | US$28.33m |
| Total assets | US$103.01m |
Recent financial health updates
Recent updates
Huadi International Group (NASDAQ:HUDI) Will Want To Turn Around Its Return Trends
Nov 16
Huadi International Group's (NASDAQ:HUDI) Profits Appear To Have Quality Issues
Sep 08Estimating The Intrinsic Value Of Huadi International Group Co., Ltd. (NASDAQ:HUDI)
May 01Capital Allocation Trends At Huadi International Group (NASDAQ:HUDI) Aren't Ideal
Oct 05There Are Reasons To Feel Uneasy About Huadi International Group's (NASDAQ:HUDI) Returns On Capital
Jun 27Huadi International Is Small Player In A Consolidating Industry
Feb 19Huadi's Year Of The Tiger Starts With A Roar, But Destined To End On A Whimper?
Feb 03Investors Could Be Concerned With Huadi International Group's (NASDAQ:HUDI) Returns On Capital
Jan 27Huadi International Group Looks Overvalued Based On Fundamentals
Nov 02A Look At The Fair Value Of Huadi International Group Co., Ltd. (NASDAQ:HUDI)
Jul 16Little Excitement Around Huadi International Group Co., Ltd.'s (NASDAQ:HUDI) Earnings
Apr 30Financial Position Analysis
Short Term Liabilities: HUDI's short term assets ($80.2M) exceed its short term liabilities ($22.6M).
Long Term Liabilities: HUDI's short term assets ($80.2M) exceed its long term liabilities ($5.7M).
Debt to Equity History and Analysis
Debt Level: HUDI has more cash than its total debt.
Reducing Debt: HUDI's debt to equity ratio has reduced from 289.9% to 15.4% over the past 5 years.
Debt Coverage: HUDI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HUDI's interest payments on its debt are well covered by EBIT (8.3x coverage).