Hammond Power Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Hammond Power Solutions has a total shareholder equity of CA$263.0M and total debt of CA$13.2M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CA$431.5M and CA$168.5M respectively. Hammond Power Solutions's EBIT is CA$90.5M making its interest coverage ratio 87.6. It has cash and short-term investments of CA$48.1M.
Key information
5.0%
Debt to equity ratio
CA$13.20m
Debt
| Interest coverage ratio | 87.6x |
| Cash | CA$48.07m |
| Equity | CA$263.02m |
| Total liabilities | CA$168.51m |
| Total assets | CA$431.53m |
Recent financial health updates
We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt
Jun 18
Does 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 29Is Hammond Power Solutions (TSE:HPS.A) A Risky Investment?
Jul 01Recent updates
We 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 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 07Financial Position Analysis
Short Term Liabilities: HPS.A's short term assets (CA$319.7M) exceed its short term liabilities (CA$157.4M).
Long Term Liabilities: HPS.A's short term assets (CA$319.7M) exceed its long term liabilities (CA$11.1M).
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 27.7% to 5% over the past 5 years.
Debt Coverage: HPS.A's debt is well covered by operating cash flow (509.4%).
Interest Coverage: HPS.A's interest payments on its debt are well covered by EBIT (87.6x coverage).