Hammond Power Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Hammond Power Solutions has a total shareholder equity of CA$238.3M and total debt of CA$23.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CA$422.8M and CA$184.4M respectively. Hammond Power Solutions's EBIT is CA$74.4M making its interest coverage ratio 55.6. It has cash and short-term investments of CA$53.9M.
Key information
9.6%
Debt to equity ratio
CA$22.98m
Debt
| Interest coverage ratio | 55.6x |
| Cash | CA$53.87m |
| Equity | CA$238.34m |
| Total liabilities | CA$184.44m |
| Total assets | CA$422.78m |
Recent financial health updates
Does Hammond Power Solutions (TSE:HPS.A) Have A Healthy Balance Sheet?
Jan 23
We Think Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt With Ease
Oct 29Is Hammond Power Solutions (TSE:HPS.A) A Risky Investment?
Jul 01Is Hammond Power Solutions (TSE:HPS.A) A Risky Investment?
Mar 10Recent updates
Additional 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 05Here's Why Hammond Power Solutions (TSE:HPS.A) Has Caught The Eye Of Investors
Jul 18Is There An Opportunity With Hammond Power Solutions Inc.'s (TSE:HPS.A) 23% Undervaluation?
Jun 03Hammond Power Solutions (TSE:HPS.A) Is Increasing Its Dividend To CA$0.10
May 07Results: Hammond Power Solutions Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
May 06Hammond Power Solutions (TSE:HPS.A) Is Due To Pay A Dividend Of CA$0.085
Mar 10Hammond Power Solutions (TSE:HPS.A) Has Affirmed Its Dividend Of CA$0.085
Sep 10Is Hammond Power Solutions (TSE:HPS.A) A Risky Investment?
Jul 01Hammond Power Solutions' (TSE:HPS.A) Dividend Will Be CA$0.085
Jun 12Here's Why I Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today
Jun 07Here's What To Make Of Hammond Power Solutions' (TSE:HPS.A) Decelerating Rates Of Return
Apr 30Hammond Power Solutions' (TSE:HPS.A) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 01Is Hammond Power Solutions Inc. (TSE:HPS.A) An Attractive Dividend Stock?
Mar 25Is It Smart To Buy Hammond Power Solutions Inc. (TSE:HPS.A) Before It Goes Ex-Dividend?
Mar 12Is Hammond Power Solutions (TSE:HPS.A) A Risky Investment?
Mar 10Hammond Power Solutions (TSE:HPS.A) Has Compensated Shareholders With A Respectable 85% Return On Their Investment
Feb 25Financial Position Analysis
Short Term Liabilities: HPS.A's short term assets (CA$316.7M) exceed its short term liabilities (CA$172.5M).
Long Term Liabilities: HPS.A's short term assets (CA$316.7M) exceed its long term liabilities (CA$11.9M).
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 31% to 9.6% over the past 5 years.
Debt Coverage: HPS.A's debt is well covered by operating cash flow (264.8%).
Interest Coverage: HPS.A's interest payments on its debt are well covered by EBIT (55.6x coverage).