Highwood Asset Management Balance Sheet Health
Financial Health criteria checks 3/6
Highwood Asset Management has a total shareholder equity of CA$130.3M and total debt of CA$91.7M, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are CA$296.3M and CA$166.0M respectively. Highwood Asset Management's EBIT is CA$59.2M making its interest coverage ratio 5.3. It has cash and short-term investments of CA$6.4M.
Key information
70.4%
Debt to equity ratio
CA$91.66m
Debt
| Interest coverage ratio | 5.3x |
| Cash | CA$6.40m |
| Equity | CA$130.29m |
| Total liabilities | CA$165.99m |
| Total assets | CA$296.27m |
Recent financial health updates
No updates
Recent updates
Highwood Asset Management's (CVE:HAM) Attractive Earnings Are Not All Good News For Shareholders
Nov 22
Highwood Asset Management Ltd. (CVE:HAM) Might Not Be As Mispriced As It Looks
Jun 28Shareholders May Be More Conservative With Highwood Asset Management Ltd.'s (CVE:HAM) CEO Compensation For Now
May 24Highwood Asset Management's (CVE:HAM) Earnings Aren't As Good As They Appear
Apr 23Estimating The Intrinsic Value Of Highwood Asset Management Ltd. (CVE:HAM)
Apr 03Market Participants Recognise Highwood Asset Management Ltd.'s (CVE:HAM) Revenues
Feb 03Financial Position Analysis
Short Term Liabilities: HAM's short term assets (CA$39.3M) do not cover its short term liabilities (CA$60.3M).
Long Term Liabilities: HAM's short term assets (CA$39.3M) do not cover its long term liabilities (CA$105.7M).
Debt to Equity History and Analysis
Debt Level: HAM's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: HAM's debt to equity ratio has reduced from 154.5% to 70.4% over the past 5 years.
Debt Coverage: HAM's debt is well covered by operating cash flow (59.4%).
Interest Coverage: HAM's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:05 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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
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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
Highwood Asset Management Ltd. is covered by 6 analysts. 1 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 |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Laique Ahmad Amir Arif | ATB Capital Markets |
| Michael Mueller | Canaccord Genuity |