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Haivision Systems, Inc. (TSE:HAI)
TSX:HAI
Canadian Market

Haivision Systems (HAI) Ratios

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Haivision Systems Ratios

TSE:HAI's free cash flow for Q3 2025 was C$―. For the 2025 fiscal year, TSE:HAI's free cash flow was decreased by C$ and operating cash flow was C$―. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.49 1.57 1.37 2.48 1.49
Quick Ratio
1.14 1.07 0.90 2.11 1.26
Cash Ratio
0.29 0.22 0.13 1.10 0.62
Solvency Ratio
0.17 0.17 0.03 -0.18 0.23
Operating Cash Flow Ratio
0.17 0.40 -0.11 0.09 0.55
Short-Term Operating Cash Flow Coverage
0.80 2.70 -0.40 0.00 11.79
Net Current Asset Value
C$ 11.45MC$ 9.67MC$ 3.32MC$ 26.82MC$ 4.96M
Leverage Ratios
Debt-to-Assets Ratio
0.11 0.11 0.17 0.07 0.12
Debt-to-Equity Ratio
0.16 0.17 0.28 0.10 0.25
Debt-to-Capital Ratio
0.14 0.15 0.22 0.09 0.20
Long-Term Debt-to-Capital Ratio
0.01 0.02 0.03 0.00 0.08
Financial Leverage Ratio
1.53 1.53 1.65 1.38 2.09
Debt Service Coverage Ratio
0.96 1.40 0.23 -11.90 5.17
Interest Coverage Ratio
-4.00 0.71 -2.52 -11.72 23.64
Debt to Market Cap
0.06 0.07 0.20 0.00 0.01
Interest Debt Per Share
0.57 0.62 0.90 0.31 0.18
Net Debt to EBITDA
0.62 0.71 6.28 6.83 -0.82
Profitability Margins
Gross Profit Margin
73.26%70.49%68.68%74.87%76.70%
EBIT Margin
-3.03%0.88%-4.12%-5.84%9.82%
EBITDA Margin
4.33%7.91%2.43%-2.88%11.91%
Operating Profit Margin
-3.24%0.88%-2.26%-5.93%9.82%
Pretax Profit Margin
-3.84%-0.36%-5.01%-6.35%9.40%
Net Profit Margin
-0.79%-0.90%-4.93%-9.49%6.97%
Continuous Operations Profit Margin
-0.79%-0.90%-4.93%-9.49%6.97%
Net Income Per EBT
20.68%249.06%98.26%149.38%74.18%
EBT Per EBIT
118.70%-41.32%221.87%107.15%95.77%
Return on Assets (ROA)
-0.70%-0.88%-4.17%-7.17%9.24%
Return on Equity (ROE)
-1.03%-1.34%-6.86%-9.88%19.27%
Return on Capital Employed (ROCE)
-3.97%1.16%-2.74%-5.59%21.74%
Return on Invested Capital (ROIC)
-0.75%2.70%-2.37%-8.27%15.41%
Return on Tangible Assets
-1.15%-1.58%-7.69%-11.73%12.67%
Earnings Yield
-0.63%-1.22%-8.04%-3.92%1.66%
Efficiency Ratios
Receivables Turnover
4.17 5.36 4.71 4.75 6.36
Payables Turnover
2.85 4.67 3.78 3.42 3.52
Inventory Turnover
2.28 2.18 1.87 2.63 3.23
Fixed Asset Turnover
13.37 12.27 9.85 9.47 20.36
Asset Turnover
0.87 0.97 0.85 0.76 1.32
Working Capital Turnover Ratio
5.54 7.30 4.76 3.82 9.76
Cash Conversion Cycle
119.18 157.35 176.29 108.82 66.59
Days of Sales Outstanding
87.43 68.15 77.56 76.77 57.43
Days of Inventory Outstanding
159.78 167.41 195.23 138.70 112.87
Days of Payables Outstanding
128.02 78.21 96.50 106.65 103.70
Operating Cycle
247.20 235.56 272.79 215.47 170.29
Cash Flow Ratios
Operating Cash Flow Per Share
0.24 0.53 -0.18 0.08 0.31
Free Cash Flow Per Share
0.15 0.49 -0.21 0.05 0.30
CapEx Per Share
0.08 0.04 0.04 0.03 <0.01
Free Cash Flow to Operating Cash Flow
0.64 0.93 1.21 0.65 0.98
Dividend Paid and CapEx Coverage Ratio
2.80 11.80 -4.87 0.96 44.78
Capital Expenditure Coverage Ratio
2.80 11.80 -4.87 2.85 44.78
Operating Cash Flow Coverage Ratio
0.44 0.94 -0.20 0.26 1.84
Operating Cash Flow to Sales Ratio
0.05 0.11 -0.04 0.02 0.17
Free Cash Flow Yield
2.87%13.66%-7.95%0.64%3.89%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-159.20 -82.12 -12.44 -25.54 60.32
Price-to-Sales (P/S) Ratio
1.22 0.74 0.61 2.42 4.21
Price-to-Book (P/B) Ratio
1.69 1.10 0.85 2.52 11.63
Price-to-Free Cash Flow (P/FCF) Ratio
34.79 7.32 -12.59 155.86 25.70
Price-to-Operating Cash Flow Ratio
23.17 6.82 -15.17 101.23 25.12
Price-to-Earnings Growth (PEG) Ratio
1.10 1.04 0.39 0.08 1.02
Price-to-Fair Value
1.69 1.10 0.85 2.52 11.63
Enterprise Value Multiple
28.80 10.10 31.48 -77.15 34.50
Enterprise Value
153.70M 111.80M 96.24M 206.07M 341.51M
EV to EBITDA
28.80 10.10 31.48 -77.15 34.50
EV to Sales
1.25 0.80 0.77 2.23 4.11
EV to Free Cash Flow
35.56 7.87 -15.72 143.18 25.10
EV to Operating Cash Flow
22.84 7.33 -18.95 93.00 24.54
Tangible Book Value Per Share
1.28 1.04 0.77 1.44 0.29
Shareholders’ Equity Per Share
3.25 3.24 3.13 3.09 0.67
Tax and Other Ratios
Effective Tax Rate
0.79 -1.49 0.02 -0.49 0.26
Revenue Per Share
4.35 4.82 4.36 3.22 1.85
Net Income Per Share
-0.03 -0.04 -0.21 -0.31 0.13
Tax Burden
0.21 2.49 0.98 1.49 0.74
Interest Burden
1.27 -0.41 1.22 1.09 0.96
Research & Development to Revenue
0.23 0.21 0.23 0.20 0.23
SG&A to Revenue
0.15 0.15 0.14 0.32 0.13
Stock-Based Compensation to Revenue
0.02 0.02 0.02 0.18 0.00
Income Quality
-6.87 -12.05 0.82 -0.25 2.40
Currency in CAD