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
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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 15:29 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/28 |
| 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
Hammond Power Solutions Inc. is covered by 6 analysts. 3 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 |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Al Nagaraj | Byron Capital Markets |
| Matthew Lee | Canaccord Genuity |