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Hammond Power Solutions (Hammond Power Solutions) Debt-to-Asset : 0.10 (As of Mar. 2024)


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What is Hammond Power Solutions Debt-to-Asset?

Hammond Power Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $22.0 Mil. Hammond Power Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.4 Mil. Hammond Power Solutions's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $312.3 Mil. Hammond Power Solutions's debt to asset for the quarter that ended in Mar. 2024 was 0.10.


Hammond Power Solutions Debt-to-Asset Historical Data

The historical data trend for Hammond Power Solutions's Debt-to-Asset 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.

* Premium members only.

Hammond Power Solutions Debt-to-Asset Chart

Hammond Power Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.13 0.12 0.06 0.09

Hammond Power Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.09 0.09 0.10

Competitive Comparison of Hammond Power Solutions's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Hammond Power Solutions's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hammond Power Solutions's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hammond Power Solutions's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hammond Power Solutions's Debt-to-Asset falls into.



Hammond Power Solutions Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hammond Power Solutions's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(18.529 + 9.072) / 304.37
=0.09

Hammond Power Solutions's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.035 + 8.412) / 312.336
=0.10

* 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.


Hammond Power Solutions  (OTCPK:HMDPF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Hammond Power Solutions Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Hammond Power Solutions's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hammond Power Solutions (Hammond Power Solutions) Business Description

Traded in Other Exchanges
Address
595 Southgate Drive, Guelph, ON, CAN, N1G 3W6
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.

Hammond Power Solutions (Hammond Power Solutions) Headlines

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