Can HNI cover its short-term obligations?

Its current ratio is 1.39 — current assets exceed current liabilities.

Where does HNI's balance sheet data come from?

Every line is extracted from HNI's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

HNI HNI Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$80.3M-63.1%	$217.9M+953%	$20.7M-35.3%	$32M+51.7%	$21.1M-6.2%
Short-term investments	$6.8M+4.6%	$6.5M-12.2%	$7.4M+19.4%	$6.2M-3.1%	$6.4M0.0%
Restricted cash	$8.9M+1.1%	$8.8M—	——	——	——
Accounts receivable, net	$552.8M-3.2%	$571.1M+122%	$257.4M-12.0%	$292.4M+23.7%	$236.4M-4.8%
Inventories	$490.5M+3.2%	$475.3M+144%	$194.5M-10.2%	$216.5M+5.6%	$205M+5.5%
Raw materials	$310.7M0.0%	$310.7M+141%	$128.7M-1.9%	$131.2M+2.0%	$128.6M+7.6%
Finished goods	$232.3M+6.9%	$217.3M+85.3%	$117.3M-13.8%	$136M+9.7%	$124M+1.3%
Prepaid expenses and other current assets	$177.3M+17.5%	$150.9M+134%	$64.6M+23.5%	$52.3M+7.4%	$48.7M-11.3%
Contract assets	$4.9M+58.1%	$3.1M+6.9%	$2.9M0.0%	$2.9M+3.6%	$2.8M-12.5%
Total current assets	$1.3B-8.1%	$1.41B+160%	$542.9M-9.2%	$597.6M+12.9%	$529.3M+1.4%
Property and equipment, net	$1.05B-7.6%	$1.14B+122%	$513.4M-0.3%	$515M-0.8%	$519M-2.0%
Land	$97.7M-1.4%	$99.1M+71.8%	$57.7M+1.4%	$56.9M0.0%	$56.9M-2.7%
Buildings and improvements	$529.4M+0.1%	$529.1M+26.4%	$418.6M+1.7%	$411.8M+1.0%	$407.9M0.0%
Machinery and equipment	$1.08B-4.6%	$1.13B+69.7%	$665.1M+0.2%	$664.1M-0.3%	$666.4M-2.8%
Construction in progress	$53.7M-8.2%	$58.5M+87.5%	$31.2M+4.3%	$29.9M+12.8%	$26.5M+2.3%
Accumulated depreciation	$706.6M+4.2%	$678M+2.9%	$659.2M+1.8%	$647.6M+1.4%	$638.7M-1.5%
Operating lease right-of-use assets	$259.7M-5.4%	$274.5M+159%	$106M-7.2%	$114.2M-2.0%	$116.5M-4.4%
Goodwill	$835.4M-12.8%	$958M+117%	$442.1M0.0%	$442.1M0.0%	$442.1M0.0%
Intangible assets, net	$652.4M+53.3%	$425.5M+278%	$112.7M-5.5%	$119.3M-5.5%	$126.3M-5.1%
Deferred tax assets	$226.3M+25.1%	$180.9M+84.4%	$98.1M+51.4%	$64.8M-6.8%	$69.5M-2.9%
Other non-current assets	$57.6M+119%	$26.3M-2.2%	$26.9M-0.7%	$27.1M-0.4%	$27.2M-56.8%
Equity method investments	$50.2M+8.2%	$46.4M—	——	——	——
Long-term investments	$85.1M+56.4%	$54.4M—	——	——	——
Total assets	$4.77B-2.3%	$4.89B+165%	$1.84B-3.6%	$1.91B+2.9%	$1.86B-0.9%
Accounts payable	$820.5M-19.3%	$1.02B+174%	$371.5M+0.2%	$370.8M+6.3%	$348.8M-10.8%
Accrued expenses	$19.3M0.0%	$19.3M+222%	$6M+1.7%	$5.9M-3.3%	$6.1M+165%
Current portion of long-term debt	$18.3M+13.0%	$16.2M—	$0—	$0-100%	$50M-0.6%
Operating lease liabilities, current	$64.7M+0.5%	$64.4M+118%	$29.6M-6.9%	$31.8M+9.3%	$29.1M+3.6%
Finance Lease Liability, Current	$4M-4.8%	$4.2M-12.5%	$4.8M-2.0%	$4.9M-9.3%	$5.4M-3.6%
Other current liabilities	$7M—	——	$7M0.0%	$7M0.0%	$7M—
Total current liabilities	$936.1M-17.8%	$1.14B+179%	$409M-0.4%	$410.7M-7.4%	$443.7M-7.1%
Long-term debt	$1.43B+11.7%	$1.28B+294%	$324.2M-27.0%	$444.4M+25.3%	$354.7M+20.5%
Operating lease liabilities, non-current	$206.7M-8.0%	$224.6M+143%	$92.6M-6.0%	$98.5M-4.8%	$103.5M-5.6%
Finance lease liabilities	$7.1M-2.7%	$7.3M-11.0%	$8.2M+2.5%	$8M-9.1%	$8.8M-1.1%
Other non-current liabilities	$195.9M-11.1%	$220.4M+193%	$75.1M+0.7%	$74.6M+0.7%	$74.1M+1.6%
Total liabilities	$3B-1.7%	$3.05B+203%	$1.01B-8.5%	$1.1B+4.4%	$1.05B+1.9%
Total stockholders' equity	$1.77B-3.4%	$1.84B+120%	$835.9M+3.1%	$811M+0.9%	$803.6M-4.3%
Total liabilities and stockholders' equity	$4.77B-2.3%	$4.89B+165%	$1.84B-3.6%	$1.91B+2.9%	$1.86B-0.9%
Allowance for Doubtful Accounts	$2M+81.8%	$1.1M-38.9%	$1.8M+5.9%	$1.7M-10.5%	$1.9M-5.0%
Allowance for Doubtful Accounts Receivable (Current)	$2M+81.8%	$1.1M-38.9%	$1.8M+5.9%	$1.7M-10.5%	$1.9M-5.0%
Percentage of Inventory on LIFO Basis	73%+12.0%	61%-35.0%	96%0.0%	96%+1.0%	95%+4.0%
Inventory LIFO Reserve	$52.6M-0.2%	$52.7M+2.3%	$51.5M+1.8%	$50.6M+6.5%	$47.5M0.0%
Accumulated Goodwill Impairment Losses	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M-17.7%
Contract Assets, Non-Current	$57.6M+119%	$26.3M-2.2%	$26.9M-0.7%	$27.1M-0.4%	$27.2M+3.8%
Cost Method Investments - Original Cost	$34.9M+336%	$8M—	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$333.8M-4.0%	$347.6M+442%	$64.1M+3.6%	$61.9M0.0%	$61.9M-1.7%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$55.6M—	——	$8.9M0.0%	$8.9M0.0%	$8.9M—
Finite Lived Intangible Assets - Gross	$1.01B+35.4%	$745M+115%	$346.1M+0.1%	$345.9M-0.1%	$346.4M-0.1%
Goodwill and Intangible Assets, Net	$1.82B+6.9%	$1.7B+182%	$603.9M-1.1%	$610.6M-1.1%	$617.5M-1.1%
Indefinite-Lived Intangible Assets	$333M+4.4%	$319.1M+550%	$49.1M0.0%	$49.1M0.0%	$49.1M0.0%
Indefinite-Lived Intangible Assets, Gross	$333M+4.4%	$319.1M+550%	$49.1M0.0%	$49.1M0.0%	$49.1M0.0%
Indefinite-Lived Research and Development Assets	$333M+4.4%	$319.1M+550%	$49.1M0.0%	$49.1M0.0%	$49.1M0.0%
Indefinite-Lived Trademarks	$333M+4.4%	$319.1M+550%	$49.1M0.0%	$49.1M0.0%	$49.1M0.0%
Net Investment in Lease	$259.7M-5.4%	$274.5M+159%	$106M-7.2%	$114.2M-2.0%	$116.5M-4.4%
Intangible assets — net	$652.4M+53.3%	$425.5M+278%	$112.7M-5.5%	$119.3M-5.5%	$126.3M-5.1%
Goodwill and intangible assets, net	$1.82B+6.9%	$1.7B+182%	$603.9M-1.1%	$610.6M-1.1%	$617.5M-1.1%
Investments	$85.1M+56.4%	$54.4M—	——	——	——
Investments	$8.9M—	——	——	——	$2.4M—
Machinery and equipment	$1.08B-4.6%	$1.13B+69.7%	$665.1M+0.2%	$664.1M-0.3%	$666.4M-2.8%
Operating lease right-of-use assets	$259.7M-5.4%	$274.5M+159%	$106M-7.2%	$114.2M-2.0%	$116.5M-4.4%
Other non-current assets	$333.8M-4.0%	$347.6M+442%	$64.1M+3.6%	$61.9M0.0%	$61.9M-1.7%
Property, plant and equipment at cost	$1.76B-3.2%	$1.82B+54.8%	$1.17B+0.9%	$1.16B+0.4%	$1.16B-1.7%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$6.8M+4.6%	$6.5M-12.2%	$7.4M+19.4%	$6.2M-3.1%	$6.4M0.0%
Operating Lease Right-of-Use Assets in Other Assets	$259.7M-5.4%	$274.5M+159%	$106M-7.2%	$114.2M-2.0%	$116.5M-4.4%
Other Investments	$34.9M+336%	$8M—	——	——	——
Software and Technology Licenses, Net	$333.8M-4.0%	$347.6M+442%	$64.1M+3.6%	$61.9M0.0%	$61.9M-1.7%
Accounts payable and other current liabilities (Note 11)	$820.5M-19.3%	$1.02B+174%	$371.5M+0.2%	$370.8M+6.3%	$348.8M-10.8%
Other accrued liabilities	$28.7M-24.9%	$38.2M+1,173%	$3M-3.2%	$3.1M+6.9%	$2.9M+26.1%
Restructuring Reserve	$14.4M+9.9%	$13.1M+1,538%	$800K—	——	——
Standard Product Warranty Accrual	$48.8M+1.2%	$48.2M+166%	$18.1M+5.2%	$17.2M+1.8%	$16.9M-3.4%
Supplier Finance Program Obligations	$25.8M-1.1%	$26.1M-10.6%	$29.2M-6.1%	$31.1M+8.4%	$28.7M-8.0%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$22.8M-6.2%	$24.3M+2,109%	$1.1M-8.3%	$1.2M-7.7%	$1.3M-7.1%
Total debt	$1.73B+8.4%	$1.59B+247%	$459.4M-21.8%	$587.6M+6.5%	$551.5M+11.0%
Cumulative Gross Losses and Impairments	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M-17.7%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	——	$0—	——	——	——
Cumulative Cost Basis	$1.76B-3.2%	$1.82B+54.8%	$1.17B+0.9%	$1.16B+0.4%	$1.16B-1.7%
Accounts Receivable, Allowance for Credit Loss	$2M+81.8%	$1.1M-38.9%	$1.8M+5.9%	$1.7M-10.5%	$1.9M-5.0%
Construction work in progress	$53.7M-8.2%	$58.5M+87.5%	$31.2M+4.3%	$29.9M+12.8%	$26.5M+2.3%
Contract liability, customer deposits	$101.2M-1.7%	$102.9M+208%	$33.4M+3.1%	$32.4M-4.7%	$34M-19.2%
Less: unamortized debt issuance costs	$500K—	——	$400K0.0%	$400K0.0%	$400K—
Deferred Finance Costs Noncurrent Gross	$1.8M—	——	$300K0.0%	$300K-25.0%	$400K—
Deferred income taxes	$226.3M+25.1%	$180.9M+84.4%	$98.1M+51.4%	$64.8M-6.8%	$69.5M-2.9%
Equity method investments (Note 11)	$50.2M+8.2%	$46.4M—	——	——	——
Current maturities of long-term debt	$4M-4.8%	$4.2M-12.5%	$4.8M-2.0%	$4.9M-9.3%	$5.4M-3.6%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$10.9M-3.5%	$11.3M-11.0%	$12.7M0.0%	$12.7M-9.3%	$14M-2.1%
Finite-Lived Intangible Assets, Accumulated Amortization	$356.1M+11.5%	$319.5M+36.9%	$233.4M+3.0%	$226.5M+2.9%	$220.1M+2.9%
2028	$76.6M—	——	$17.5M+1.2%	$17.3M0.0%	$17.3M—
2030	$55.6M—	——	$8.9M0.0%	$8.9M0.0%	$8.9M—
Remainder of 2026	$89.1M—	——	$6.9M-75.7%	$28.4M0.0%	$28.4M—
2027	$85M—	——	$23.8M+1.3%	$23.5M0.0%	$23.5M—
2029	$55.8M—	——	$9.1M+1.1%	$9M0.0%	$9M—
Gross Carrying Amount	$1.01B+35.4%	$745M+115%	$346.1M+0.1%	$345.9M-0.1%	$346.4M-0.1%
Goodwill, Gross	$900.1M-12.0%	$1.02B+102%	$506.8M0.0%	$506.8M0.0%	$506.8M-2.7%
Goodwill accumulated impairment losses	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M0.0%	$64.7M-17.7%
Guarantor obligations, current carrying value	$7M—	——	$7M0.0%	$7M0.0%	$7M—
Trademarks	$333M+4.4%	$319.1M+550%	$49.1M0.0%	$49.1M0.0%	$49.1M0.0%
FIFO inventory allowance	$11M+13.4%	$9.7M-13.4%	$11.2M-3.4%	$11.6M+1.8%	$11.4M-5.8%
Work-in-process and raw materials	$310.7M0.0%	$310.7M+141%	$128.7M-1.9%	$131.2M+2.0%	$128.6M+7.6%
Restructuring Reserve	$14.4M+9.9%	$13.1M+1,538%	$800K—	——	——
Standard Product Warranty Accrual	$48.8M+1.2%	$48.2M+166%	$18.1M+5.2%	$17.2M+1.8%	$16.9M-3.4%
Remainder of Fiscal Year 2024	$89.1M—	——	$6.9M-75.7%	$28.4M0.0%	$28.4M—
Remainder of Fiscal Year 2025	$89.1M—	——	$6.9M-75.7%	$28.4M0.0%	$28.4M—

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Questions, answered.

Can HNI cover its short-term obligations?: Its current ratio is 1.39 — current assets exceed current liabilities.
Where does HNI's balance sheet data come from?: Every line is extracted from HNI's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.