Haverty Furniture Companies Balance Sheet Health
Financial Health criteria checks 6/6
Haverty Furniture Companies has a total shareholder equity of $306.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $640.5M and $333.8M respectively. Haverty Furniture Companies's EBIT is $54.5M making its interest coverage ratio -9. It has cash and short-term investments of $111.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -9x |
Cash | US$111.82m |
Equity | US$306.69m |
Total liabilities | US$333.84m |
Total assets | US$640.53m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HVT.A's short term assets ($241.0M) exceed its short term liabilities ($131.1M).
Long Term Liabilities: HVT.A's short term assets ($241.0M) exceed its long term liabilities ($202.7M).
Debt to Equity History and Analysis
Debt Level: HVT.A is debt free.
Reducing Debt: HVT.A had no debt 5 years ago.
Debt Coverage: HVT.A has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HVT.A has no debt, therefore coverage of interest payments is not a concern.