Hamilton Thorne Balance Sheet Health
Financial Health criteria checks 3/6
Hamilton Thorne has a total shareholder equity of $64.7M and total debt of $21.6M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are $109.3M and $44.6M respectively. Hamilton Thorne's EBIT is $727.7K making its interest coverage ratio 0.5. It has cash and short-term investments of $9.7M.
Key information
33.4%
Debt to equity ratio
US$21.59m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$9.73m |
| Equity | US$64.65m |
| Total liabilities | US$44.63m |
| Total assets | US$109.28m |
Recent financial health updates
These 4 Measures Indicate That Hamilton Thorne (CVE:HTL) Is Using Debt Reasonably Well
Aug 15
Is Hamilton Thorne (CVE:HTL) Using Too Much Debt?
Mar 30These 4 Measures Indicate That Hamilton Thorne (CVE:HTL) Is Using Debt Safely
Oct 05Is Hamilton Thorne (CVE:HTL) A Risky Investment?
Apr 12We Think Hamilton Thorne (CVE:HTL) Can Stay On Top Of Its Debt
Dec 12
Here's Why Hamilton Thorne (CVE:HTL) Can Manage Its Debt Responsibly
Aug 24Recent updates
These 4 Measures Indicate That Hamilton Thorne (CVE:HTL) Is Using Debt Reasonably Well
Aug 15At CA$1.40, Is Hamilton Thorne Ltd. (CVE:HTL) Worth Looking At Closely?
May 25Is Hamilton Thorne (CVE:HTL) Using Too Much Debt?
Mar 30These 4 Measures Indicate That Hamilton Thorne (CVE:HTL) Is Using Debt Safely
Oct 05Should You Think About Buying Hamilton Thorne Ltd. (CVE:HTL) Now?
Jun 10Hamilton Thorne (CVE:HTL) Will Be Hoping To Turn Its Returns On Capital Around
May 15Is Hamilton Thorne (CVE:HTL) A Risky Investment?
Apr 12Estimating The Fair Value Of Hamilton Thorne Ltd. (CVE:HTL)
Mar 15When Should You Buy Hamilton Thorne Ltd. (CVE:HTL)?
Mar 01Has Hamilton Thorne (CVE:HTL) Got What It Takes To Become A Multi-Bagger?
Feb 01Announcing: Hamilton Thorne (CVE:HTL) Stock Soared An Exciting 590% In The Last Five Years
Jan 19Are Insiders Selling Hamilton Thorne Ltd. (CVE:HTL) Stock?
Jan 06What Did Hamilton Thorne's (CVE:HTL) CEO Take Home Last Year?
Dec 24We Think Hamilton Thorne (CVE:HTL) Can Stay On Top Of Its Debt
Dec 12Is It Time To Consider Buying Hamilton Thorne Ltd. (CVE:HTL)?
Nov 30A Look At The Fair Value Of Hamilton Thorne Ltd. (CVE:HTL)
Nov 17Here's Why Hamilton Thorne (CVE:HTL) Can Manage Its Debt Responsibly
Aug 24Is Now An Opportune Moment To Examine Hamilton Thorne Ltd. (CVE:HTL)?
Aug 10At CA$1.43, Is Hamilton Thorne Ltd. (CVE:HTL) Worth Looking At Closely?
Aug 10A Look At The Intrinsic Value Of Hamilton Thorne Ltd. (CVE:HTL)
Jul 27Financial Position Analysis
Short Term Liabilities: HTL's short term assets ($34.7M) exceed its short term liabilities ($17.0M).
Long Term Liabilities: HTL's short term assets ($34.7M) exceed its long term liabilities ($27.6M).
Debt to Equity History and Analysis
Debt Level: HTL's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: HTL's debt to equity ratio has increased from 28.9% to 33.4% over the past 5 years.
Debt Coverage: HTL's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: HTL's interest payments on its debt are not well covered by EBIT (0.5x coverage).