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HAFN · NYSE · United States · Transportation Services
In shortHafnia Ltd is profitable, generates cash and carries moderate debt, with revenue growing (+7.4% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 28.1% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 27.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 34.5% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 23.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.38× | 48/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.50× | 84/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.82× | 91/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 15.38× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.17 | 79/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 34.2% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.27× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 3 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 3 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 22.1% | 29/100 |
| Operating margin volatility | 7.6% | 40/100 |
Weight in the score: 20%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 1,927 | 2,672 | 2,869 |
| Gross profit | 1,347 | 1,367 | 1,391 |
| Operating income | 823 | 858 | 806 |
| Interest expense | 91 | 77 | 52 |
| Pre-tax income | 758 | 800 | 778 |
| Income tax | 6.7 | 6.3 | 4.4 |
| Net income | 752 | 793 | 774 |
| Diluted EPS | $1.54 | $1.56 | $1.50 |
| Diluted shares (millions) | 489 | 509 | 515 |
4.17 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Aug 27, 2025