HAFNHafnia Limited

$7.76

Is it safe?

Can HAFN take a bad year?

Hafnia Limited carries $713M of net debt at 0.83× EBITDA: a load its earnings can carry.

$713M

Net debt · as at Q2 2025 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.83×

Net debt / EBITDA

Interest cover
11.7×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
39%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ2 2025
$1.03B
Cash and short-term investments
$313M
Net debt
$713M
EBITDA, trailing twelve months
$863M
Operating profit, trailing twelve months
$654M
Debt / equity
0.45×
Total debt / EBITDA
1.19×
Annualised volatilitytwo years of daily moves
39%
Worst drawdown on file
−50%
Below its 52-week high
−15%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.