The company maintains a conservative financial profile with a debt-to-equity ratio of 0.57 and a robust current ratio of 2.53 as of 2025Q2, providing a stable foundation for ongoing operations.
| Total Current Assets | 327.51M | 353.37M | 323.23M | 218.96M | 153.4M | 206.73M | 128.66M | 129.64M |
| Cash & Short-Term Investments | 258.47M | 274.78M | 254.72M | 152.91M | 93.89M | 129.46M | 55.13M | 36.33M |
| Cash Only | 258.47M | 274.78M | 254.72M | 152.91M | 93.88M | 92.88M | 51.56M | 36.33M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 14K | 36.57M | 3.56M | 0 |
| Accounts Receivable | 26.63M | 35.65M | 30.75M | 29.32M | 11.9M | 41.22M | 45.85M | 78.32M |
| Days Sales Outstanding | 13.15 | 15.46 | 14.4 | 15.57 | 7.75 | 48.17 | 75.58 | 122.63 |
| Inventory | 35.14M | 37.52M | 31.52M | 29.76M | 25.98M | 33.41M | 12.11M | 7.5M |
| Days Inventory Outstanding | 21.37 | 21.02 | 21.13 | 22.46 | 23.44 | 45.33 | 23.68 | 13.85 |
| Other Current Assets | 2.99M | -33 | 2.85M | 3.09M | 3.67M | 930K | 6.15M | 80.49M |
| Total Non-Current Assets | 374.93M | 392.51M | 361.2M | 357.92M | 422.72M | 419.99M | 472.93M | 267.67M |
| Property, Plant & Equipment | 348.84M | 364.48M | 337.42M | 336.37M | 398.73M | 397M | 447.81M | 255.49M |
| Fixed Asset Turnover | 2.38x | 2.31x | 2.31x | 2.04x | 1.41x | 0.79x | 0.49x | 0.91x |
| Goodwill | 0 | 0 | 0 | 0 | 1.12M | 0 | 0 | 0 |
| Intangible Assets | 272K | 311K | 278K | 402K | 1.94M | 375K | 398K | 294K |
| Long-Term Investments | 0 | 1.96M | 0 | 0 | 0 | 4.24M | 0 | 0 |
| Other Non-Current Assets | 21.43M | 21.03M | 19.71M | 19.16M | 19.91M | 18.23M | 24.65M | 11.86M |
| Total Assets | 702.44M | 745.88M | 684.42M | 576.88M | 576.11M | 626.73M | 601.59M | 397.31M |
| Asset Turnover | 1.18x | 1.13x | 1.14x | 1.19x | 0.97x | 0.50x | 0.37x | 0.59x |
| Asset Growth % | 67.44% | 8.98% | 18.64% | 0.13% | -8.08% | 4.18% | 51.41% | - |
| Total Current Liabilities | 129.5M | 146.83M | 128.57M | 128.57M | 117.23M | 596.62M | 452.73M | 298.17M |
| Accounts Payable | 32.27M | 36.34M | 30.71M | 34.38M | 32.31M | 26.55M | 22.22M | 18.92M |
| Days Payables Outstanding | 20.27 | 20.36 | 20.58 | 25.94 | 29.15 | 36.03 | 43.45 | 34.94 |
| Short-Term Debt | 0 | 45.66M | 0 | 0 | 75K | 521.1M | 370.96M | 234.68M |
| Deferred Revenue (Current) | 39.59M | 10.66M | 9.67M | 8.31M | 3.79M | 2.8M | 0 | 0 |
| Other Current Liabilities | 2.6M | 1.48M | 1.94M | 1.61M | 723K | 27.69M | 2.57M | 2.35M |
| Current Ratio | 2.53x | 2.41x | 2.51x | 1.70x | 1.31x | 0.35x | 0.28x | 0.43x |
| Quick Ratio | 2.26x | 2.15x | 2.27x | 1.47x | 1.09x | 0.29x | 0.26x | 0.41x |
| Cash Conversion Cycle | 14.26 | 16.12 | 14.94 | 12.09 | 2.04 | 57.48 | 55.81 | 101.54 |
| Total Non-Current Liabilities | 198.04M | 207.41M | 194.2M | 176.19M | 216.84M | 217.29M | 215.83M | 109.8M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 521K | 688K | 864K | 0 |
| Capital Lease Obligations | 669.73M | 183.14M | 171.22M | 163.95M | 201.69M | 206.54M | 206.11M | 104.52M |
| Deferred Tax Liabilities | 31.01M | 6.18M | 7.5M | 1.35M | 3.61M | 1.13M | 958K | 104K |
| Other Non-Current Liabilities | 12.96M | 15.18M | 12.49M | 7.8M | 10.6M | 8.94M | 7.9M | 5.18M |
| Total Liabilities | 327.53M | 354.24M | 322.76M | 304.76M | 334.07M | 813.91M | 668.55M | 407.97M |
| Total Debt | 215.24M | 228.8M | 212.63M | 202.94M | 242.3M | 728.32M | 607.75M | 358.77M |
| Net Debt | -43.23M | -45.98M | -42.09M | 50.04M | 148.42M | 635.44M | 556.18M | 322.44M |
| Debt / Equity | 0.57x | 0.58x | 0.59x | 0.75x | 1.00x | - | - | - |
| Debt / EBITDA | 0.84x | 1.84x | 0.88x | 0.96x | 1.45x | 11.47x | 12.81x | 9.46x |
| Net Debt / EBITDA | -0.17x | -0.37x | -0.18x | 0.24x | 0.89x | 10.01x | 11.72x | 8.50x |
| Interest Coverage | 4.48x | 5.32x | 2.72x | 1.92x | 0.39x | -3.14x | -2.97x | -2.32x |
| Total Equity | 374.91M | 391.64M | 361.66M | 272.12M | 242.04M | -187.18M | -66.97M | -10.66M |
| Equity Growth % | 111.22% | 8.29% | 32.9% | 12.43% | 229.31% | -179.5% | -528.24% | - |
| Book Value per Share | 5.77 | 6.45 | 0.63 | 0.49 | 0.43 | -0.34 | -0.12 | -0.02 |
| Total Shareholders' Equity | 373.36M | 390.1M | 360.03M | 270.09M | 239.81M | -187.18M | -66.97M | -10.66M |
| Common Stock | 3K | 3K | 3K | 3K | 3K | 50.92M | 33.85M | 29.21M |
| Retained Earnings | 0 | -178.49M | 0 | 0 | 0 | -246.8M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -177.24M | 18M | -190.57M | -224.4M | -254.68M | 8.7M | 0 | 0 |
| Minority Interest | 1.55M | 1.54M | 1.63M | 2.04M | 2.23M | 0 | 0 | 0 |
High capital intensity requirements
According to recent financial filings, total assets have grown from $567.1 million in 2024Q1 to $702.4 million by 2025Q2, reflecting a consistent, albeit moderating, expansionary phase as the company scales its international footprint while maintaining a relatively stable equity base of $373.4 million.
The steady increase in total assets suggests that the company is actively deploying capital into its global restaurant network. Investors should monitor whether this asset growth translates into proportional revenue gains, as the current trajectory indicates a potential shift toward a more capital-intensive operational model.
As reported in quarterly balance sheets, the company maintains a debt-to-equity ratio of 0.57 as of 2025Q2, indicating a conservative capital structure that provides significant financial flexibility compared to industry peers who often carry higher debt loads to fund rapid unit expansion.
The modest leverage profile suggests that the company is not overly reliant on external financing to sustain its current operations. This positioning may serve as a critical buffer against rising interest rates, though it warrants further investigation into whether this conservatism limits the pace of future growth.
Based on the provided data, the current ratio has improved from 1.79 in 2024Q1 to 2.53 in 2025Q2, signaling a robust liquidity position that provides a substantial cushion against short-term operational shocks or unexpected volatility in global restaurant demand.
The accumulation of cash reserves, which reached $258.5 million in the most recent quarter, appears to prioritize financial stability over aggressive capital return. This liquidity profile suggests the company is well-prepared to navigate potential supply chain disruptions or inflationary pressures on input costs.
As indicated by the latest balance sheet, net property, plant, and equipment (PPE) accounts for $348.8 million of the $702.4 million total asset base, underscoring the company's reliance on physical restaurant infrastructure to deliver its high-touch, labor-intensive service model.
The heavy concentration in PPE highlights the capital-intensive nature of the business, which may limit long-term return on invested capital if unit-level economics do not improve. Analysts should monitor the depreciation trends of these assets to ensure they align with the company's long-term growth strategy.
Quick answers to the most common questions about buying HDL stock.
As of 2025, SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares (HDL) had total assets of $745.9M including $353.4M in current assets.
SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares (HDL) carries total debt of $228.8M, offset by $274.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares (HDL) has total shareholders' equity (book value) of $390.1M ($6.45 book value per share). Book value represents the net worth of the company belonging to common stock holders.
SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares (HDL) reported a current ratio of 2.41x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.