Hammond Power Solutions (Hammond Power Solutions) Total Assets : $304.4 Mil (As of Dec. 2023)

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What is Hammond Power Solutions Total Assets?

Hammond Power Solutions's Total Assets for the quarter that ended in Dec. 2023 was $304.4 Mil.

During the past 12 months, Hammond Power Solutions's average Total Assets Growth Rate was 29.60% per year. During the past 3 years, the average Total Assets Growth Rate was 26.80% per year. During the past 5 years, the average Total Assets Growth Rate was 13.50% per year. During the past 10 years, the average Total Assets Growth Rate was 5.10% per year.

During the past 13 years, Hammond Power Solutions's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was -6.40%. And the median was 9.85%.

Total Assets is connected with ROA %. Hammond Power Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was 20.44%. Total Assets is also linked to Revenue through Asset Turnover. Hammond Power Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.48.

Hammond Power Solutions Total Assets Historical Data

The historical data trend for Hammond Power Solutions's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hammond Power Solutions Total Assets Chart

Hammond Power Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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163.23

147.86

183.67

222.80

304.37

Hammond Power Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															222.80	239.10	255.43	276.23	304.37

Hammond Power Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hammond Power Solutions's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	171.719	+	132.651
	=	304.4

Hammond Power Solutions's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	171.719	+	132.651
	=	304.4

Hammond Power Solutions (OTCPK:HMDPF) Total Assets Explanation

Total Assets is connected with ROA %.

Hammond Power Solutions's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	59.34	/	( (276.226	+	304.37)	/ 2 )
	=	59.34	/	290.298
	=	20.44 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hammond Power Solutions's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	139.355	/	( (276.226	+	304.37)	/ 2 )
=	139.355	/	290.298
=	0.48

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hammond Power Solutions Total Assets Related Terms

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Hammond Power Solutions (Hammond Power Solutions) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hammond Power Solutions Inc (OTCPK:HMDPF) » Definitions » Total Assets

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T11:Germany HPS.A:Canada

Address

595 Southgate Drive, Guelph, ON, CAN, N1G 3W6

Website

https://www.hammondpowersolutions.com

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.

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