Hammond Power Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Hammond Power Solutions has a total shareholder equity of CA$271.2M and total debt of CA$16.2M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CA$454.3M and CA$183.1M respectively. Hammond Power Solutions's EBIT is CA$93.7M making its interest coverage ratio 80.2. It has cash and short-term investments of CA$49.1M.
Key information
6.0%
Debt to equity ratio
CA$16.16m
Debt
| Interest coverage ratio | 80.2x |
| Cash | CA$49.08m |
| Equity | CA$271.17m |
| Total liabilities | CA$183.12m |
| Total assets | CA$454.29m |
Recent financial health updates
These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well
Dec 08
We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt
Jun 18Does Hammond Power Solutions (TSE:HPS.A) Have A Healthy Balance Sheet?
Jan 23We Think Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt With Ease
Oct 29Recent updates
Investors Should Be Encouraged By Hammond Power Solutions' (TSE:HPS.A) Returns On Capital
Dec 20These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well
Dec 08Here's Why We Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today
Nov 26Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Sep 25We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt
Jun 18We Like Hammond Power Solutions' (TSE:HPS.A) Returns And Here's How They're Trending
May 27Why We're Not Concerned Yet About Hammond Power Solutions Inc.'s (TSE:HPS.A) 32% Share Price Plunge
May 13Hammond Power Solutions Inc. Just Missed Earnings - But Analysts Have Updated Their Models
May 03Additional Considerations Required While Assessing Hammond Power Solutions' (TSE:HPS.A) Strong Earnings
Apr 04Subdued Growth No Barrier To Hammond Power Solutions Inc. (TSE:HPS.A) With Shares Advancing 26%
Mar 29Hammond Power Solutions (TSE:HPS.A) Is Investing Its Capital With Increasing Efficiency
Feb 24Does Hammond Power Solutions (TSE:HPS.A) Have A Healthy Balance Sheet?
Jan 23Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Larger Dividend Than Last Year
Sep 11Does Hammond Power Solutions (TSE:HPS.A) Deserve A Spot On Your Watchlist?
Jun 07Why The 32% Return On Capital At Hammond Power Solutions (TSE:HPS.A) Should Have Your Attention
Mar 31Here's Why Hammond Power Solutions (TSE:HPS.A) Has Caught The Eye Of Investors
Mar 06We Think Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt With Ease
Oct 29Calculating The Fair Value Of Hammond Power Solutions Inc. (TSE:HPS.A)
Oct 05Financial Position Analysis
Short Term Liabilities: HPS.A's short term assets (CA$331.2M) exceed its short term liabilities (CA$167.9M).
Long Term Liabilities: HPS.A's short term assets (CA$331.2M) exceed its long term liabilities (CA$15.2M).
Debt to Equity History and Analysis
Debt Level: HPS.A has more cash than its total debt.
Reducing Debt: HPS.A's debt to equity ratio has reduced from 27.3% to 6% over the past 5 years.
Debt Coverage: HPS.A's debt is well covered by operating cash flow (386.4%).
Interest Coverage: HPS.A's interest payments on its debt are well covered by EBIT (80.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:32 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hammond Power Solutions Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Al Nagaraj | Byron Capital Markets |
| Matthew Lee | Canaccord Genuity |