High Liner Foods Incorporated

Toronto Stock Exchange HLF.TO

High Liner Foods Incorporated Interest Coverage Ratio for the year ending December 31, 2023: 2.25

High Liner Foods Incorporated Interest Coverage Ratio is 2.25 for the year ending December 31, 2023, a -53.88% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

High Liner Foods Incorporated Interest Coverage Ratio for the year ending December 31, 2022 was 4.87, a 8.69% change year over year.
High Liner Foods Incorporated Interest Coverage Ratio for the year ending December 31, 2021 was 4.48, a 48.52% change year over year.
High Liner Foods Incorporated Interest Coverage Ratio for the year ending December 31, 2020 was 3.02, a 78.58% change year over year.
High Liner Foods Incorporated Interest Coverage Ratio for the year ending December 31, 2019 was 1.69, a -16.68% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Toronto Stock Exchange: HLF.TO

High Liner Foods Incorporated

CEO	Mr. Paul A. Jewer F.C.A., FCPA, ICD.D
IPO Date	Aug. 13, 1996
Location	Canada
Headquarters	100 Battery Point
Employees	1,202
Sector	Consumers Staples
Industries Frozen Foods

Description

High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America. The company provides a range of frozen seafood products, including raw fillets and shellfish, cooked shellfish; and value added products, which include sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks, including High Liner, Fisher Boy, Sea Cuisine, Catch of the Day, C.Wirthy & Co., High Liner Foodservice, Mirabel, Icelandic Seafood, and FPI brands. It sells its products directly, as well as through distributors to retail and club stores; and through foodservice distributors to hotels, restaurants, and healthcare and educational organizations. The company was founded in 1899 and is headquartered in Lunenburg, Canada.

Key trends

Past 5 years