High Liner Foods (TSX:HLF) Interest Expense: C$-33 Mil (TTM As of Mar. 2026)

What is High Liner Foods Interest Expense?

High Liner Foods TSX:HLF -0.68% 81 Interest Expense is C$-33 Mil as of Mar. 2026. GuruFocus rates TSX:HLF with a GF Score™ of 81/100 and a GF Value™ of C$17.20 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. High Liner Foods's interest expense for the three months ended in Mar. 2026 was C$ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$-33 Mil.

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. High Liner Foods's Operating Income for the three months ended in Mar. 2026 was C$ 30 Mil. High Liner Foods's Interest Expense for the three months ended in Mar. 2026 was C$ -10 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. 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 (TSX:HLF) Interest Expense Explanation

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 Expense for the three months ended in Mar. 2026 was C$-10 Mil. Its Operating Income for the three months ended in Mar. 2026 was C$30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was C$409 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	29.756	/	-10.07
	=	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.

High Liner Foods Interest Expense Historical Data

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The historical data trend for High Liner Foods's Interest Expense can be seen below:

High Liner Foods Interest Expense Chart

High Liner Foods Annual Data

Trend

Dec16

Dec17

Dec18

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Dec25

Interest Expense

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-18.05

-23.11

-33.12

-28.57

-29.55

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 Expense	Get a 7-Day Free Trial															-6.75	-7.80	-8.65	-6.57	-10.07

81GF Score

High Liner Foods Inc TSX:HLF

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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High Liner Foods Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-33 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of C$-33 Mil mean?

High Liner Foods (TSX:HLF) has a Interest Expense of C$-33 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on High Liner Foods and its competitors.

Is High Liner Foods' Interest Expense too high?

High Liner Foods' current Interest Expense is C$-33 Mil. Overall, High Liner Foods has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does High Liner Foods' Interest Expense compare to KHC and GIS?

High Liner Foods' Interest Expense of C$-33 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Consumer Packaged Goods company?

A good Interest Expense depends on the Consumer Packaged Goods industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on High Liner Foods and its competitors. High Liner Foods's current Interest Expense is C$-33 Mil. 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 (TSX:HLF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$17.20, compared to a current price of C$14.54 — trading 15.5% below its estimated fair value. The current Interest Expense is C$-33 Mil. High Liner Foods' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For High Liner Foods (TSX:HLF), the current Interest Expense is C$-33 Mil 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 (TSX:HLF) Overvalued in 2026?

Based on GuruFocus' analysis, High Liner Foods stock appears to be undervalued. The current stock price of C$14.54 is trading 15.5% below its estimated GF Value™ of C$17.20. GuruFocus considers High Liner Foods to be Modestly Undervalued.

Key valuation signals for TSX:HLF:

Interest Expense: C$-33 Mil
GF Value™: C$17.20 vs. price of C$14.54 (15.5% below fair value)
GF Score™: 81/100 with 4 warning signs

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

High Liner Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XCNQ:HBFG TSX:BOIL NEOE:CZZL TSX:SWP TSXV:FRSH XCNQ:STIF XCNQ:NPRA TSX:BU TSXV:IRO XCNQ:BPC XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Other Exchanges HLNFF:USA 28Y:Germany

Address 100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0

Website https://www.highlinerfoods.com

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.

81GF Score

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

C$14.54

Price

C$17.20

GF Value

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