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HF Foods Group (HF Foods Group) Debt-to-Equity : 0.72 (As of Mar. 2024)


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What is HF Foods Group Debt-to-Equity?

HF Foods Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $75 Mil. HF Foods Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $131 Mil. HF Foods Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $287 Mil. HF Foods Group's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HF Foods Group's Debt-to-Equity or its related term are showing as below:

HFFG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.71   Max: 1.2
Current: 0.72

During the past 7 years, the highest Debt-to-Equity Ratio of HF Foods Group was 1.20. The lowest was 0.16. And the median was 0.71.

HFFG's Debt-to-Equity is ranked worse than
55.56% of 279 companies
in the Retail - Defensive industry
Industry Median: 0.62 vs HFFG: 0.72

HF Foods Group Debt-to-Equity Historical Data

The historical data trend for HF Foods Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HF Foods Group Debt-to-Equity Chart

HF Foods Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.16 0.55 0.66 0.77 0.71

HF Foods Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.72 0.68 0.71 0.72

Competitive Comparison of HF Foods Group's Debt-to-Equity

For the Food Distribution subindustry, HF Foods Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HF Foods Group's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, HF Foods Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HF Foods Group's Debt-to-Equity falls into.



HF Foods Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HF Foods Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

HF Foods Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HF Foods Group  (NAS:HFFG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


HF Foods Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of HF Foods Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


HF Foods Group (HF Foods Group) Business Description

Traded in Other Exchanges
N/A
Address
6325 South Rainbow Boulevard, Suite 420, Las Vegas, NV, USA, 89118
HF Foods Group Inc is an Asian food service distributor that markets and distributes fresh produce, seafood, frozen and dry food, and non-food products to Asian restaurants and other food service customers throughout the United States. The Company's business consists of one operating segment; HF Group, which operates solely in the United States. The Company's customer base consists of Chinese and Asian restaurants, and it provides sales and service support to customers who mainly converse in Mandarin or Chinese dialects.
Executives
Xiao Mou Zhang director, officer: Chief Executive Officer 6001 W. MARKET STREET, GREENSBORO NC 27409
Prudence H Chiang director 6325 S RAINBOW BLVD STE 420, LAS VEGAS NV 89118
Valerie Chase director SOUTH 6325 RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Xi Lin officer: Chief Operating Officer 6001 W. MARKET STREET, GREENSBORO NC 27409
Russell T. Libby director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Christine Chang officer: See Remarks 19319 ARENTH AVENUE, CITY OF INDUSTRY CA 91748
Hong Wang director 5811 WILDROSE DRIVE, GREENSBORO NC 27410
Carlos Antonio Rodriguez officer: Chief Financial Officer 6325 SOUTH RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Jose Maroto director 6325 SOUTH RAINBOW BOULEVARD, SUITE 420, LAS VEGAS NV 89118
Kong Hian Lee officer: Chief Financial Officer 19319 ARENTH AVENUE, CITY OF INDUSTRY CA 91748
Spot Light Investments, Llc 10 percent owner 6001 W. MARKET STREET, GREENSBORO NC 27409
Ren Hua Zheng director 2 DANDY DRIVE, COS COB CT 06807
Caixuan Xu officer: Chief Financial Officer 6001 W. MARKET ST, GREENSBORO NC 27409
Zhehui Ni director ROOM 1704, BUILDING #16, NO. 58 AOMEN ROAD, SHANGHAI F4 200061
Irrevocable Trust For Raymond Ni 10 percent owner 6001 WEST MARKET STREET, GREENSBORO NC 27409

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