How much debt does Hafnia have?
According to Hafnia's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Hafnia's total debt stands at $1.12B. This is broken down into:
- Long-term debt: $785.95M
- Short-term debt: $336.30M
The company's net debt, which accounts for cash and cash equivalents, is $926.98M. In terms of overall financial obligations, Hafnia's total liabilities amount to $1.47B.
Debt Ratios and Metrics
To better understand Hafnia's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.50 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 30.05% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 12.49% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 33.16% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Hafnia's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.12B
Long-term Debt
$785.95M
Short-term Debt
$336.30M
Net Debt
$926.98M
Total Liabilities
$1.47B
Interest Coverage
0.00
Debt to Equity Ratio
0.50
Debt Ratio
30.05%
Hafnia Historical Debt Metrics
Hafnia Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.12B | $785.95M | $336.30M | $926.98M | $1.47B | 0.50 | 30.05% | 0.00 | 12.49% | 33.16% |
| 2023 | $1.29B | $1.03B | $267.33M | $1.15B | $1.69B | 0.58 | 33.02% | 11.09 | 15.17% | 36.71% |
| 2022 | $1.78B | $1.46B | $320.12M | $1.50B | $1.94B | 0.88 | 45.00% | 8.15 | 23.72% | 46.91% |
| 2021 | $1.33B | $1.08B | $248.37M | $1.23B | $1.40B | 1.20 | 53.02% | -0.58 | 45.81% | 54.49% |
| 2020 | $1.31B | $1.14B | $179.10M | $1.21B | $1.40B | 1.14 | 51.39% | 4.83 | 46.26% | 53.24% |
| 2019 | $1.45B | $1.23B | $213.33M | $1.36B | $1.56B | 1.29 | 54.01% | 1.89 | 48.38% | 56.42% |
| 2018 | $689.98M | $613.04M | $76.94M | $637.52M | $743.00M | 1.21 | 52.51% | 0.61 | 51.77% | 54.71% |
| 2017 | $771.87M | $614.24M | $157.63M | $730.50M | $821.94M | 1.94 | 63.28% | 1.11 | 60.69% | 65.99% |
| 2016 | $544.52M | $496.80M | $47.71M | $449.03M | $557.97M | 1.38 | 46.88% | 1.34 | 55.73% | 57.98% |
Related Metrics
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