HLNFF (High Liner Foods) Interest Coverage: 2.95 (As of Mar. 2026) — Near Median


HLNFF High Liner Foods Inc HLNFF
77 GF Score
Price $10.34
GF Value $11.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Liner Foods Interest Coverage?

High Liner Foods HLNFF 77 Interest Coverage is 2.95 as of Mar. 2026, which is 5% below its 10-year median of 3.11. GuruFocus rates HLNFF with a GF Score™ of 77/100 and a GF Value™ of $11.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,507 Consumer Packaged Goods companies, High Liner Foods ranks worse than 78.3% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. High Liner Foods's Operating Income for the three months ended in Mar. 2026 was $22 Mil. High Liner Foods's Interest Expense for the three months ended in Mar. 2026 was $-7 Mil. High Liner Foods's interest coverage for the quarter that ended in Mar. 2026 was 2.95. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for High Liner Foods's Interest Coverage or its related term are showing as below:

HLNFF' s Interest Coverage Range Over the Past 10 Years
Min: 2.11   Med: 3.11   Max: 4.54
Current: 2.52


HLNFF's Interest Coverage is ranked worse than
78.3% of 1507 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs HLNFF: 2.52

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


High Liner Foods  (OTCPK:HLNFF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


High Liner Foods Interest Coverage Related Terms


High Liner Foods Interest Coverage Historical Data

* Premium members only.

The historical data trend for High Liner Foods's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

High Liner Foods Interest Coverage Chart

High Liner Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 4.54 2.73 3.59 2.97

High Liner Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 5.21 2.95 1.52 2.67 2.95

HLNFF vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, High Liner Foods's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


High Liner Foods Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's Interest Coverage distribution charts can be found below:

* The bar in red indicates where High Liner Foods's Interest Coverage falls into.


HLNFF
77GF Score
High Liner Foods Inc HLNFF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

High Liner Foods Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

High Liner Foods's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, High Liner Foods's Interest Expense was $-21 Mil. Its Operating Income was $64 Mil. And its Long-Term Debt & Capital Lease Obligation was $286 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*63.536/-21.421
=2.97

High Liner Foods's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, High Liner Foods's Interest Expense was $-7 Mil. Its Operating Income was $22 Mil. And its Long-Term Debt & Capital Lease Obligation was $298 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*21.688/-7.34
=2.95

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.95 mean?
High Liner Foods (HLNFF) has a Interest Coverage of 2.95 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on High Liner Foods and its competitors. This is near median its historical median of 3.11. Over the past decade, High Liner Foods' Interest Coverage has ranged from 2.11 to 4.54. According to the industry distribution chart, High Liner Foods ranks #1180 out of 1507 companies in the Consumer Packaged Goods industry, placing it in the top 78.3%.
Is High Liner Foods' Interest Coverage too high?
High Liner Foods' current Interest Coverage of 2.95 is near median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 4.54. The Consumer Packaged Goods industry median Interest Coverage is 8.60. High Liner Foods' value of 2.95 is 65.7% below this industry median. Based on the distribution chart, High Liner Foods ranks #1180 out of 1507 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, High Liner Foods has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Liner Foods' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, High Liner Foods ranks #1180 out of 1507 companies for Interest Coverage. This places High Liner Foods in the lower half of its industry. The industry median Interest Coverage is 8.60. High Liner Foods' value of 2.95 is 65.7% below this benchmark. Historically, High Liner Foods' own Interest Coverage has ranged from 2.11 to 4.54 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 8.60, High Liner Foods has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Liner Foods's current Interest Coverage of 2.95 is 65.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on High Liner Foods and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Liner Foods's current Interest Coverage is 2.95, which is near median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Liner Foods stock overvalued right now?
Based on GuruFocus' analysis, High Liner Foods (HLNFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.91, compared to a current price of $10.34 — trading 13.2% below its estimated fair value. The current Interest Coverage is 2.95, which is near median its 10-year median of 3.11 and 65.7% below the Consumer Packaged Goods industry median of 8.60. High Liner Foods' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For High Liner Foods (HLNFF), the current Interest Coverage is 2.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is High Liner Foods (HLNFF) Overvalued in 2026?

Based on GuruFocus' analysis, High Liner Foods stock appears to be undervalued. The current stock price of $10.34 is trading 13.2% below its estimated GF Value™ of $11.91. GuruFocus considers High Liner Foods to be Modestly Undervalued.

Key valuation signals for HLNFF:

  • Interest Coverage: 2.95 (near median its 10-year median of 3.11)
  • GF Value™: $11.91 vs. price of $10.34 (13.2% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 65.7% below the Consumer Packaged Goods median (#1180 of 1507)

No single metric tells the full story. See the HLNFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Liner Foods Business Description

Other Exchanges 28Y:GermanyHLF:Canada
Address 100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0
High Liner Foods Inc is a Canadian company that is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company's retail branded products are sold throughout the United States and Canada under the High Liner, Sea Cuisine, Mrs. Paul's, Van de Kamp's, Fisher Boy, C.Wirthy, Mirabel, and Catch of the Day labels, and are available in grocery and club stores. It also sells branded products under the High Liner, Icelandic Seafood, Mirabel, and FPI labels to restaurants and institutions, and is a supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
77GF Score

Get the complete analysis for HLNFF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.34
Price
$11.91
GF Value