High Liner Foods Incorporated (HLF) - Net Assets

Latest as of September 2025: CA$413.28 Million CAD ≈ $298.96 Million USD

Based on the latest financial reports, High Liner Foods Incorporated (HLF) has net assets worth CA$413.28 Million CAD (≈ $298.96 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$941.26 Million ≈ $680.90 Million USD) and total liabilities (CA$527.99 Million ≈ $381.94 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HLF tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$413.28 Million
% of Total Assets 43.91%
Annual Growth Rate 16.07%
5-Year Change 39.42%
10-Year Change 102.34%
Growth Volatility 42.34

High Liner Foods Incorporated - Net Assets Trend (1993–2024)

This chart illustrates how High Liner Foods Incorporated's net assets have evolved over time, based on quarterly financial data. See how many days can High Liner Foods Incorporated fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for High Liner Foods Incorporated (1993–2024)

The table below shows the annual net assets of High Liner Foods Incorporated from 1993 to 2024. For live valuation and market cap data, see High Liner Foods Incorporated market cap and net worth.

Year Net Assets Change
2024-12-31 CA$405.73 Million
≈ $293.50 Million		 +5.15%
2023-12-31 CA$385.86 Million
≈ $279.12 Million		 +3.33%
2022-12-31 CA$373.42 Million
≈ $270.12 Million		 +12.30%
2021-12-31 CA$332.52 Million
≈ $240.54 Million		 +14.27%
2020-12-31 CA$291.00 Million
≈ $210.51 Million		 +8.51%
2019-12-31 CA$268.17 Million
≈ $193.99 Million		 +1.63%
2018-12-31 CA$263.86 Million
≈ $190.87 Million		 -1.86%
2017-12-31 CA$268.87 Million
≈ $194.49 Million		 +22.10%
2016-12-31 CA$220.20 Million
≈ $159.29 Million		 +9.82%
2015-12-31 CA$200.52 Million
≈ $145.05 Million		 +1.80%
2014-12-31 CA$196.97 Million
≈ $142.49 Million		 +6.67%
2013-12-31 CA$184.65 Million
≈ $133.57 Million		 +20.41%
2012-12-31 CA$153.35 Million
≈ $110.93 Million		 -3.45%
2011-12-31 CA$158.83 Million
≈ $114.89 Million		 +7.23%
2010-12-31 CA$148.11 Million
≈ $107.14 Million		 +0.71%
2009-12-31 CA$147.06 Million
≈ $106.38 Million		 +16.37%
2008-12-31 CA$126.37 Million
≈ $91.42 Million		 -4.37%
2007-12-31 CA$132.15 Million
≈ $95.60 Million		 +116.24%
2006-12-31 CA$61.12 Million
≈ $44.21 Million		 +2.20%
2005-12-31 CA$59.80 Million
≈ $43.26 Million		 -40.01%
2004-12-31 CA$99.68 Million
≈ $72.10 Million		 +6.48%
2003-12-31 CA$93.61 Million
≈ $67.72 Million		 +65.54%
2002-12-31 CA$56.55 Million
≈ $40.91 Million		 +10.05%
2001-12-31 CA$51.39 Million
≈ $37.17 Million		 +2.12%
2000-12-31 CA$50.32 Million
≈ $36.40 Million		 +4.26%
1999-12-31 CA$48.26 Million
≈ $34.91 Million		 -14.54%
1998-12-31 CA$56.48 Million
≈ $40.85 Million		 +179.65%
1997-12-31 CA$20.20 Million
≈ $14.61 Million		 +29.33%
1996-12-31 CA$15.62 Million
≈ $11.30 Million		 +17.02%
1995-12-31 CA$13.34 Million
≈ $9.65 Million		 +64.27%
1994-12-31 CA$8.12 Million
≈ $5.88 Million		 +103.40%
1993-12-31 CA$3.99 Million
≈ $2.89 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to High Liner Foods Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 42091197600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$338.78 Million 83.50%
Common Stock CA$85.55 Million 21.09%
Other Comprehensive Income CA$-34.07 Million -8.40%
Other Components CA$15.47 Million 3.81%
Total Equity CA$405.73 Million 100.00%

High Liner Foods Incorporated Competitors by Market Cap

The table below lists competitors of High Liner Foods Incorporated ranked by their market capitalization.

Company Market Cap
Sunplus Innovation Technology Inc.
TWO:5236
 $306.25 Million
Bravo Mining Corp
V:BRVO
 $306.35 Million
Gedik Yatirim Menkul Degerler AS
IS:GEDIK
 $306.40 Million
Fujian Cement Inc
SHG:600802
 $306.45 Million
Shenzhen Capol International & Associates Co Ltd
SHE:002949
 $306.09 Million
Parag Milk Foods Limited
NSE:PARAGMILK
 $306.06 Million
Tenax Therapeutics Inc
NASDAQ:TENX
 $305.96 Million
Rana Gruber AS
OL:RANA
 $305.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in High Liner Foods Incorporated's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 385,856,000 to 405,729,000, a change of 19,873,000 (5.2%).
  • Net income of 60,164,000 contributed positively to equity growth.
  • Dividend payments of 13,553,000 reduced retained earnings.
  • Share repurchases of 9,449,000 reduced equity.
  • Other comprehensive income decreased equity by 10,694,000.
  • Other factors decreased equity by 6,595,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$60.16 Million +14.83%
Dividends Paid CA$13.55 Million -3.34%
Share Repurchases CA$9.45 Million -2.33%
Other Comprehensive Income CA$-10.69 Million -2.64%
Other Changes CA$-6.59 Million -1.63%
Total Change CA$- 5.15%

Book Value vs Market Value Analysis

This analysis compares High Liner Foods Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.10x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 51.42x to 1.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CA$0.29 CA$14.69 x
1994-12-31 CA$0.47 CA$14.69 x
1995-12-31 CA$0.70 CA$14.69 x
1996-12-31 CA$0.90 CA$14.69 x
1997-12-31 CA$1.13 CA$14.69 x
1998-12-31 CA$2.96 CA$14.69 x
1999-12-31 CA$2.18 CA$14.69 x
2000-12-31 CA$2.27 CA$14.69 x
2001-12-31 CA$2.40 CA$14.69 x
2002-12-31 CA$2.32 CA$14.69 x
2003-12-31 CA$4.19 CA$14.69 x
2004-12-31 CA$3.97 CA$14.69 x
2005-12-31 CA$2.83 CA$14.69 x
2006-12-31 CA$2.95 CA$14.69 x
2007-12-31 CA$6.24 CA$14.69 x
2008-12-31 CA$3.47 CA$14.69 x
2009-12-31 CA$4.00 CA$14.69 x
2010-12-31 CA$4.56 CA$14.69 x
2011-12-31 CA$5.18 CA$14.69 x
2012-12-31 CA$4.96 CA$14.69 x
2013-12-31 CA$5.92 CA$14.69 x
2014-12-31 CA$6.29 CA$14.69 x
2015-12-31 CA$6.41 CA$14.69 x
2016-12-31 CA$7.06 CA$14.69 x
2017-12-31 CA$8.27 CA$14.69 x
2018-12-31 CA$7.85 CA$14.69 x
2019-12-31 CA$7.84 CA$14.69 x
2020-12-31 CA$8.43 CA$14.69 x
2021-12-31 CA$9.47 CA$14.69 x
2022-12-31 CA$10.65 CA$14.69 x
2023-12-31 CA$11.37 CA$14.69 x
2024-12-31 CA$13.30 CA$14.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently High Liner Foods Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 14.83%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.27%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 2.09x
  • Recent ROE (14.83%) is above the historical average (-13.83%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 -801.89% -15.51% 2.00x 25.85x CA$-32.42 Million
1994 60.71% 2.70% 1.69x 13.37x CA$4.05 Million
1995 32.37% 2.20% 1.74x 8.44x CA$2.84 Million
1996 17.16% 1.38% 1.76x 7.06x CA$1.07 Million
1997 29.76% 3.09% 1.94x 4.97x CA$3.99 Million
1998 7.48% 2.23% 1.21x 2.78x CA$-1.42 Million
1999 -5.87% -1.36% 1.38x 3.14x CA$-7.66 Million
2000 8.50% 2.05% 1.51x 2.75x CA$-752.32K
2001 7.56% 2.07% 1.37x 2.66x CA$-1.26 Million
2002 11.50% 3.16% 1.56x 2.33x CA$850.66K
2003 37.73% 15.62% 1.65x 1.46x CA$25.96 Million
2004 6.81% 3.03% 1.61x 1.39x CA$-3.18 Million
2005 -58.27% -16.17% 2.02x 1.78x CA$-40.82 Million
2006 6.08% 1.65% 2.31x 1.59x CA$-2.40 Million
2007 5.57% 2.65% 0.92x 2.30x CA$-5.85 Million
2008 9.11% 2.30% 1.81x 2.18x CA$-1.13 Million
2009 12.57% 3.15% 2.06x 1.94x CA$3.78 Million
2010 13.35% 3.39% 1.77x 2.23x CA$4.96 Million
2011 11.75% 2.76% 0.98x 4.33x CA$2.78 Million
2012 1.44% 0.23% 1.49x 4.12x CA$-13.13 Million
2013 16.98% 3.31% 1.40x 3.67x CA$12.89 Million
2014 15.38% 2.88% 1.49x 3.58x CA$10.60 Million
2015 14.75% 2.95% 1.45x 3.46x CA$9.53 Million
2016 14.66% 3.38% 1.39x 3.11x CA$10.26 Million
2017 11.77% 3.00% 1.16x 3.38x CA$4.77 Million
2018 6.36% 1.60% 1.25x 3.17x CA$-9.61 Million
2019 3.84% 1.09% 1.15x 3.06x CA$-16.53 Million
2020 9.90% 3.48% 1.07x 2.67x CA$-298.20K
2021 12.71% 4.83% 1.06x 2.49x CA$9.00 Million
2022 14.66% 5.12% 1.07x 2.69x CA$17.39 Million
2023 8.21% 2.93% 1.29x 2.16x CA$-6.91 Million
2024 14.83% 6.27% 1.13x 2.09x CA$19.59 Million

Industry Comparison

This section compares High Liner Foods Incorporated's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $180,700,588
  • Average return on equity (ROE) among peers: -42.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
High Liner Foods Incorporated (HLF) CA$413.28 Million -801.89% 1.28x $306.21 Million
Astron Connect Inc (AST) $1.54 Million -113.91% 0.21x $656.93K
Else Nutrition Holdings Inc (BABY) $6.72 Million -232.24% 1.39x $676.57K
BioNeutra Global Corp (BGA) $10.64 Million 48.04% 0.30x $1.01 Million
Burcon NutraScience Corporation (BU) $3.79 Million -90.69% 0.06x $19.65 Million
Canyon Creek Food Company Ltd (CYF) $-31.97 Million 0.00% 0.00x $702.98K
Inter Rock Minerals Inc (IRO) $1.22 Million 61.37% 12.97x $16.48 Million
Jamieson Wellness Inc (JWEL) $-33.05 Million 0.00% 0.00x $1.14 Billion
Lifeist Wellness Inc (LFST) $4.07 Million -35.50% 0.26x $1.33 Million
Maple Leaf Foods Inc. (MFI) $1.66 Billion -18.75% 1.67x $2.78 Billion

About High Liner Foods Incorporated

TO:HLF Canada Packaged Foods
Market Cap
$306.21 Million
CA$423.30 Million CAD
Market Cap Rank
#14827 Global
#438 in Canada
Share Price
CA$14.69
Change (1 day)
-0.27%
52-Week Range
CA$13.18 - CA$18.71
All Time High
CA$21.01
Categories
Companies in Canada Packaged Foods
About

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, and cooked shellfish; and value-added products, such as sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks under High Liner, Fisher Boy, Sea Cuisine, C… Read more