Hafnia Financial Statements From 2010 to 2025

HAFN Stock   5.63  0.03  0.53%   
Hafnia's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hafnia's valuation are provided below:
Gross Profit
907.1 M
Profit Margin
0.2347
Market Capitalization
2.8 B
Enterprise Value Revenue
1.4078
Revenue
2.6 B
We have found one hundred twenty available fundamental trends for Hafnia Limited, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Hafnia's regular fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 30th of July 2025, Market Cap is likely to drop to about 2 B. In addition to that, Enterprise Value is likely to drop to about 3 B

Hafnia Total Revenue

3.01 Billion

Check Hafnia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hafnia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152.3 M, Interest Expense of 58.7 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.26 or PTB Ratio of 1.41. Hafnia financial statements analysis is a perfect complement when working with Hafnia Valuation or Volatility modules.
  
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Check out the analysis of Hafnia Correlation against competitors.

Hafnia Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.8 B3.7 B2.1 B
Slightly volatile
Short and Long Term Debt Total1.3 B1.1 B925.8 M
Slightly volatile
Total Current Liabilities379.8 M686.5 M240.6 M
Slightly volatile
Total Stockholder Equity1.4 B2.3 B937 M
Slightly volatile
Property Plant And Equipment Net2.2 B2.6 B1.7 B
Slightly volatile
Current Deferred Revenue2.1 M2.3 M1.7 M
Slightly volatile
Net Debt1.1 B927 M812.9 M
Slightly volatile
Accounts Payable203.1 M193.4 M56.5 M
Slightly volatile
Cash134.4 M195.3 M113 M
Slightly volatile
Non Current Assets Total2.3 B2.8 B1.7 B
Slightly volatile
Cash And Short Term Investments134.4 M195.3 M113 M
Slightly volatile
Net Receivables250.4 M487.7 M148.7 M
Slightly volatile
Common Stock Shares Outstanding358.3 M515.1 M246.8 M
Slightly volatile
Liabilities And Stockholders Equity2.8 B3.7 B2.1 B
Slightly volatile
Non Current Liabilities TotalB786 M781 M
Slightly volatile
Inventory98.9 M94.2 M29.9 M
Slightly volatile
Other Current Assets123.8 M123 M73.8 M
Slightly volatile
Total Liabilities1.4 B1.5 BB
Slightly volatile
Total Current Assets494.1 M900.1 M328.7 M
Slightly volatile
Short Term Debt225.7 M336.3 M147.4 M
Slightly volatile
Common Stock1.7 B1.6 B210 M
Slightly volatile
Intangible Assets484.5 K510 K2.8 M
Slightly volatile
Long Term Debt521.6 M322.8 M844.1 M
Slightly volatile
Capital Lease Obligations593.4 M546.9 M325.7 M
Slightly volatile
Net Invested Capital2.6 B2.8 B2.3 B
Pretty Stable
Long Term Investments56.6 M104.4 M23.8 M
Slightly volatile
Property Plant And Equipment GrossB3.9 B3.4 B
Slightly volatile
Short and Long Term Debt191.7 M252.6 M155.8 M
Slightly volatile
Capital Stock1.1 B1.1 B143.5 M
Slightly volatile
Net Working Capital212.9 M246.2 M92 M
Slightly volatile

Hafnia Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization152.3 M215.1 M105.2 M
Slightly volatile
Interest Expense58.7 M60.5 M41.5 M
Slightly volatile
Total RevenueB2.9 B940.5 M
Slightly volatile
Gross Profit892.1 M849.6 M272.4 M
Slightly volatile
Other Operating Expenses2.2 B2.1 B700.1 M
Slightly volatile
Cost Of Revenue2.1 BB668.2 M
Slightly volatile
Income Tax Expense3.2 M4.4 M2.3 M
Slightly volatile
Selling General Administrative53.1 M50.6 M15.1 M
Slightly volatile
Selling And Marketing Expenses36.6 M53.5 M30.5 M
Slightly volatile
Tax Provision5.4 M4.4 M3.5 M
Slightly volatile
Interest Income10 M16.3 M4.7 M
Slightly volatile
Reconciled Depreciation207.6 M215.1 M169.7 M
Slightly volatile

Hafnia Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow135.2 M222.5 M123.4 M
Slightly volatile
Depreciation151.4 M215.1 M104.6 M
Slightly volatile
Capital Expenditures47.1 M49.6 M120.9 M
Pretty Stable
Total Cash From Operating Activities1.1 BB314.8 M
Slightly volatile
End Period Cash Flow155.1 M283.6 M124.8 M
Slightly volatile
Stock Based Compensation2.3 MM1.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.940.99041.7725
Pretty Stable
Dividend Yield0.260.24630.1129
Pretty Stable
PTB Ratio1.411.25581.3132
Slightly volatile
Days Sales Outstanding47.8662.050946.2616
Slightly volatile
Book Value Per Share5.944.435410.0836
Slightly volatile
Operating Cash Flow Per Share2.122.01991.4786
Pretty Stable
Stock Based Compensation To Revenue0.00170.0010.0012
Slightly volatile
Capex To Depreciation0.220.23061.4845
Slightly volatile
PB Ratio1.411.25581.3132
Slightly volatile
EV To Sales1.251.31363.4462
Slightly volatile
Inventory Turnover20.3721.443543.0121
Very volatile
Days Of Inventory On Hand11.917.021413.1914
Slightly volatile
Payables Turnover9.9210.43845.5165
Slightly volatile
Sales General And Administrative To Revenue0.01030.01760.0097
Slightly volatile
Average Inventory93.6 M89.1 M28.2 M
Slightly volatile
Capex To Revenue0.01640.01730.3089
Slightly volatile
Cash Per Share0.690.38281.4547
Slightly volatile
POCF Ratio2.622.75759.2003
Pretty Stable
Payout Ratio1.450.90422.1466
Slightly volatile
Capex To Operating Cash Flow0.04570.04811.0444
Slightly volatile
Days Payables Outstanding24.6434.968520.4827
Slightly volatile
EV To Operating Cash Flow3.473.657216.5764
Very volatile
Intangibles To Total Assets1.0E-41.0E-40.0028
Slightly volatile
Current Ratio1.021.3111.5259
Slightly volatile
Tangible Book Value Per Share5.914.434410.0017
Slightly volatile
Receivables Turnover8.465.882310.1909
Slightly volatile
Graham Number6.3412.30597.7423
Slightly volatile
Shareholders Equity Per Share5.184.43547.3407
Slightly volatile
Debt To Equity0.470.4961.1791
Slightly volatile
Capex Per Share0.09240.09721.5608
Slightly volatile
Average Receivables310.7 M527.2 M217.1 M
Slightly volatile
Revenue Per Share2.995.62374.3936
Slightly volatile
Interest Debt Per Share2.22.31889.5566
Slightly volatile
Debt To Assets0.530.30050.4771
Pretty Stable
Short Term Coverage Ratios4.284.07972.2088
Slightly volatile
Operating Cycle59.7679.072359.453
Slightly volatile
Price Book Value Ratio1.411.25581.3132
Slightly volatile
Days Of Payables Outstanding24.6434.968520.4827
Slightly volatile
Dividend Payout Ratio1.450.90422.1466
Slightly volatile
Price To Operating Cash Flows Ratio2.622.75759.2003
Pretty Stable
Company Equity Multiplier2.511.65082.545
Slightly volatile
Long Term Debt To Capitalization0.120.12490.4415
Slightly volatile
Total Debt To Capitalization0.560.33160.5397
Slightly volatile
Debt Equity Ratio0.470.4961.1791
Slightly volatile
Quick Ratio0.941.17391.4383
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.081.37481.0117
Slightly volatile
Net Income Per E B T0.780.99430.8329
Slightly volatile
Cash Ratio0.530.28440.8925
Slightly volatile
Cash Conversion Cycle35.1244.103838.9703
Slightly volatile
Operating Cash Flow Sales Ratio0.220.35920.2937
Pretty Stable
Days Of Inventory Outstanding11.917.021413.1914
Slightly volatile
Days Of Sales Outstanding47.8662.050946.2616
Slightly volatile
Cash Flow Coverage Ratios0.960.91810.2819
Slightly volatile
Price To Book Ratio1.411.25581.3132
Slightly volatile
Fixed Asset Turnover1.161.10010.4365
Slightly volatile
Capital Expenditure Coverage Ratio21.8120.77354.1966
Slightly volatile
Price Cash Flow Ratio2.622.75759.2003
Pretty Stable
Debt Ratio0.530.30050.4771
Pretty Stable
Cash Flow To Debt Ratio0.960.91810.2819
Slightly volatile
Price Sales Ratio0.940.99041.7725
Pretty Stable
Asset Turnover0.810.7680.3397
Slightly volatile
Gross Profit Margin0.180.29620.2101
Pretty Stable
Price Fair Value1.411.25581.3132
Slightly volatile

Hafnia Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB3.3 B1.7 B
Slightly volatile
Enterprise ValueB4.4 B2.6 B
Slightly volatile

Hafnia Fundamental Market Drivers

Forward Price Earnings9.0827
Cash And Short Term Investments195.3 M

About Hafnia Financial Statements

Hafnia investors utilize fundamental indicators, such as revenue or net income, to predict how Hafnia Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.3 M2.1 M
Total Revenue2.9 BB
Cost Of RevenueB2.1 B
Sales General And Administrative To Revenue 0.02  0.01 
Capex To Revenue 0.02  0.02 
Revenue Per Share 5.62  2.99 
Ebit Per Revenue 0.28  0.15 

Pair Trading with Hafnia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hafnia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hafnia will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hafnia Stock

  0.79SB Safe BulkersPairCorr
  0.63SB-PC Safe BulkersPairCorr

Moving against Hafnia Stock

  0.76HMR Heidmar Maritime Holdings Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Hafnia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hafnia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hafnia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hafnia Limited to buy it.
The correlation of Hafnia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hafnia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hafnia Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hafnia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Hafnia Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hafnia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hafnia Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hafnia Limited Stock:
Check out the analysis of Hafnia Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hafnia. If investors know Hafnia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hafnia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.915
Earnings Share
1.2
Revenue Per Share
5.184
Quarterly Revenue Growth
(0.30)
The market value of Hafnia Limited is measured differently than its book value, which is the value of Hafnia that is recorded on the company's balance sheet. Investors also form their own opinion of Hafnia's value that differs from its market value or its book value, called intrinsic value, which is Hafnia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hafnia's market value can be influenced by many factors that don't directly affect Hafnia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hafnia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hafnia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hafnia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.