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
6.0%
Debt to equity ratio
CA$16.16m
Debt
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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMDP.F's short term assets (CA$331.2M) exceed its short term liabilities (CA$167.9M).
Long Term Liabilities: HMDP.F's short term assets (CA$331.2M) exceed its long term liabilities (CA$15.2M).
Debt to Equity History and Analysis
Debt Level: HMDP.F has more cash than its total debt.
Reducing Debt: HMDP.F's debt to equity ratio has reduced from 27.3% to 6% over the past 5 years.
Debt Coverage: HMDP.F's debt is well covered by operating cash flow (386.4%).
Interest Coverage: HMDP.F's interest payments on its debt are well covered by EBIT (80.2x coverage).