Hammond Power Solutions Inc.
DB:T11 Stock Report
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 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
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Investor sentiment deteriorates as stock falls 16% Nov 06
Third quarter 2024 earnings released: EPS: CA$1.37 (vs CA$1.21 in 3Q 2023) Oct 30
Chair of the Board recently sold €43m worth of stock Sep 29
Hammond Power Solutions Inc. has completed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Sep 29 Hammond Power Solutions Inc. has completed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Sep 27
Hammond Power Solutions Inc. has filed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Sep 26
Hammond Power Solutions Inc. has filed a Follow-on Equity Offering in the amount of CAD 56.95749 million. Sep 25
Investor sentiment improves as stock rises 16% Sep 20
Second quarter dividend of CA$0.28 announced Sep 16
Investor sentiment improves as stock rises 18% Aug 01
Second quarter 2024 earnings released: EPS: CA$1.98 (vs CA$1.12 in 2Q 2023) Jul 26
Investor sentiment improves as stock rises 16% Jul 01
Upcoming dividend of CA$0.28 per share Jun 11
Investor sentiment deteriorates as stock falls 22% May 07
Now 23% overvalued after recent price rise May 03
Hammond Power Solutions Inc. to Report Q2, 2024 Results on Jul 25, 2024 May 03
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend, Payable on June 25, 2024 Apr 30
First quarter 2024 earnings released: EPS: CA$0.67 (vs CA$1.32 in 1Q 2023) Apr 30
Investor sentiment deteriorates as stock falls 17% Apr 22
New minor risk - Share price stability Apr 18
New major risk - Revenue and earnings growth Apr 11
Dividend of CA$0.28 announced Apr 01
Full year 2023 earnings released: EPS: CA$5.33 (vs CA$3.79 in FY 2022) Mar 28
Hammond Power Solutions Inc. Increases Quarterly Cash Dividend, Payable on June 25, 2024 Mar 28
Upcoming dividend of CA$0.15 per share Mar 13
Third quarter dividend of CA$0.15 announced Mar 10
Hammond Power Solutions Inc. Declares Quarterly Dividend, Payable on March 28, 2024 Mar 06 Hammond Power Solutions Inc. to Report Q2, 2024 Results on Jun 25, 2024 Hammond Power Solutions Inc., Annual General Meeting, May 09, 2024 Feb 23
Now 25% overvalued after recent price rise Feb 12 Hammond Power Solutions Inc. Announces Chief Operations Officer Changes Feb 02
Now 22% overvalued after recent price rise Jan 20
Independent Lead Director recently sold €553k worth of stock Dec 18
Hammond Power Solutions Inc. Declares Quarterly Cash Dividend, Payable on December 15, 2023 Dec 01
Independent Lead Director recently sold €967k worth of stock Nov 09
Investor sentiment improves as stock rises 22% Nov 02
Third quarter 2023 earnings released: EPS: CA$1.21 (vs CA$0.97 in 3Q 2022) Oct 27
Investor sentiment improves as stock rises 16% Oct 13 Hammond Power Solutions Increases Quarterly Cash Dividend, Payable on September 22, 2023 Sep 06
Independent Director recently sold €205k worth of stock Aug 08
Second quarter 2023 earnings released: EPS: CA$1.12 (vs CA$0.55 in 2Q 2022) Aug 02
Financial Position Analysis
Short Term Liabilities: T11's short term assets (CA$331.2M) exceed its short term liabilities (CA$167.9M).
Long Term Liabilities: T11's short term assets (CA$331.2M) exceed its long term liabilities (CA$15.2M).
Debt to Equity History and Analysis
Debt Level: T11 has more cash than its total debt.
Reducing Debt: T11's debt to equity ratio has reduced from 27.3% to 6% over the past 5 years.
Debt Coverage: T11's debt is well covered by operating cash flow (386.4%).
Interest Coverage: T11's interest payments on its debt are well covered by EBIT (80.2x coverage).
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