Hammond Historical Balance Sheet

HMM-A Stock

CAD 10.76 0.16 1.47%

Trend analysis of Hammond Manufacturing balance sheet accounts such as Other Current Liabilities of 17.5 M or Total Current Liabilities of 70.3 M provides information on Hammond Manufacturing's total assets, liabilities, and equity, which is the actual value of Hammond Manufacturing to its prevalent stockholders. By breaking down trends over time using Hammond Manufacturing balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Hammond Manufacturing latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hammond Manufacturing is a good buy for the upcoming year.

Hammond Manufacturing Inventory

70.93 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammond Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Hammond Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hammond Manufacturing at a specified time, usually calculated after every quarter, six months, or one year. Hammond Manufacturing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hammond Manufacturing and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hammond currently owns. An asset can also be divided into two categories, current and non-current.

Hammond Manufacturing Balance Sheet Chart

At this time, Hammond Manufacturing's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 24.8 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 892.6 K in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of Hammond Manufacturing assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hammond Manufacturing books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hammond Manufacturing balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hammond Manufacturing are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Hammond Manufacturing's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hammond Manufacturing current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammond Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	35.5M	48.4M	56.5M	59.3M
Total Assets	137.0M	168.0M	189.5M	199.0M

Short Long Term Debt Total Total Assets

Hammond Manufacturing balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Cash And Short Term Investments	Good Will	Cash	Current Deferred Revenue	Common Stock
Total Assets		0.98	0.87	0.99	0.99	1.0	0.79	0.97	0.26	0.99	-0.28	0.78	-0.72	0.88	0.99	0.58	-0.22	0.99	1.0	0.93	0.01	0.82	-0.3	0.81	0.04	-0.71
Short Long Term Debt Total	0.98		0.78	0.97	0.95	0.98	0.84	0.92	0.34	0.98	-0.17	0.77	-0.67	0.91	0.95	0.58	-0.1	0.99	0.96	0.94	-0.06	0.79	-0.23	0.79	0.14	-0.69
Other Current Liab	0.87	0.78		0.89	0.87	0.87	0.7	0.87	0.0	0.86	-0.45	0.76	-0.52	0.67	0.88	0.6	-0.42	0.85	0.86	0.78	-0.02	0.56	-0.36	0.52	0.01	-0.44
Total Current Liabilities	0.99	0.97	0.89		0.98	0.98	0.8	0.96	0.2	0.98	-0.32	0.77	-0.71	0.82	0.98	0.59	-0.26	0.98	0.98	0.96	-0.08	0.76	-0.32	0.74	0.07	-0.68
Total Stockholder Equity	0.99	0.95	0.87	0.98		0.98	0.73	0.99	0.16	0.98	-0.38	0.73	-0.79	0.82	0.99	0.57	-0.32	0.96	0.99	0.94	0.01	0.85	-0.38	0.83	0.01	-0.75
Property Plant And Equipment Net	1.0	0.98	0.87	0.98	0.98		0.82	0.96	0.29	1.0	-0.27	0.8	-0.68	0.9	0.97	0.62	-0.21	0.99	0.98	0.93	-0.01	0.79	-0.28	0.78	0.1	-0.66
Net Debt	0.79	0.84	0.7	0.8	0.73	0.82		0.7	0.41	0.82	-0.07	0.9	-0.21	0.8	0.76	0.72	-0.05	0.84	0.75	0.74	-0.13	0.44	-0.13	0.44	0.3	-0.21
Retained Earnings	0.97	0.92	0.87	0.96	0.99	0.96	0.7		0.09	0.96	-0.47	0.7	-0.8	0.78	0.99	0.58	-0.41	0.94	0.98	0.93	-0.01	0.85	-0.47	0.81	0.01	-0.74
Accounts Payable	0.26	0.34	0.0	0.2	0.16	0.29	0.41	0.09		0.29	0.68	0.5	0.13	0.6	0.14	0.01	0.7	0.35	0.22	0.07	0.49	0.23	0.54	0.3	-0.13	-0.07
Non Current Assets Total	0.99	0.98	0.86	0.98	0.98	1.0	0.82	0.96	0.29		-0.26	0.8	-0.67	0.9	0.97	0.62	-0.2	1.0	0.98	0.92	0.0	0.79	-0.27	0.78	0.1	-0.66
Non Currrent Assets Other	-0.28	-0.17	-0.45	-0.32	-0.38	-0.27	-0.07	-0.47	0.68	-0.26		0.0	0.45	0.09	-0.4	-0.42	1.0	-0.19	-0.31	-0.4	0.35	-0.21	0.91	-0.11	-0.12	0.19
Net Receivables	0.78	0.77	0.76	0.77	0.73	0.8	0.9	0.7	0.5	0.8	0.0		-0.19	0.82	0.73	0.58	0.03	0.82	0.76	0.62	0.19	0.51	0.0	0.51	0.04	-0.22
Common Stock Shares Outstanding	-0.72	-0.67	-0.52	-0.71	-0.79	-0.68	-0.21	-0.8	0.13	-0.67	0.45	-0.19		-0.46	-0.76	-0.19	0.37	-0.65	-0.76	-0.79	0.02	-0.87	0.45	-0.84	0.15	0.96
Non Current Liabilities Total	0.88	0.91	0.67	0.82	0.82	0.9	0.8	0.78	0.6	0.9	0.09	0.82	-0.46		0.81	0.5	0.14	0.92	0.85	0.71	0.21	0.72	-0.02	0.74	0.07	-0.53
Inventory	0.99	0.95	0.88	0.98	0.99	0.97	0.76	0.99	0.14	0.97	-0.4	0.73	-0.76	0.81		0.58	-0.34	0.96	0.99	0.95	-0.06	0.8	-0.41	0.77	0.03	-0.71
Other Current Assets	0.58	0.58	0.6	0.59	0.57	0.62	0.72	0.58	0.01	0.62	-0.42	0.58	-0.19	0.5	0.58		-0.42	0.58	0.55	0.57	-0.21	0.28	-0.39	0.24	0.31	-0.08
Other Stockholder Equity	-0.22	-0.1	-0.42	-0.26	-0.32	-0.21	-0.05	-0.41	0.7	-0.2	1.0	0.03	0.37	0.14	-0.34	-0.42		-0.13	-0.24	-0.34	0.36	-0.13	0.9	-0.03	-0.14	0.1
Total Liab	0.99	0.99	0.85	0.98	0.96	0.99	0.84	0.94	0.35	1.0	-0.19	0.82	-0.65	0.92	0.96	0.58	-0.13		0.98	0.91	0.02	0.78	-0.22	0.77	0.07	-0.66
Total Current Assets	1.0	0.96	0.86	0.98	0.99	0.98	0.75	0.98	0.22	0.98	-0.31	0.76	-0.76	0.85	0.99	0.55	-0.24	0.98		0.94	0.03	0.84	-0.33	0.83	-0.01	-0.75
Short Term Debt	0.93	0.94	0.78	0.96	0.94	0.93	0.74	0.93	0.07	0.92	-0.4	0.62	-0.79	0.71	0.95	0.57	-0.34	0.91	0.94		-0.21	0.78	-0.41	0.75	0.15	-0.75
Intangible Assets	0.01	-0.06	-0.02	-0.08	0.01	-0.01	-0.13	-0.01	0.49	0.0	0.35	0.19	0.02	0.21	-0.06	-0.21	0.36	0.02	0.03	-0.21		0.23	0.36	0.27	-0.52	-0.09
Cash And Short Term Investments	0.82	0.79	0.56	0.76	0.85	0.79	0.44	0.85	0.23	0.79	-0.21	0.51	-0.87	0.72	0.8	0.28	-0.13	0.78	0.84	0.78	0.23		-0.23	1.0	-0.16	-0.9
Good Will	-0.3	-0.23	-0.36	-0.32	-0.38	-0.28	-0.13	-0.47	0.54	-0.27	0.91	0.0	0.45	-0.02	-0.41	-0.39	0.9	-0.22	-0.33	-0.41	0.36	-0.23		-0.15	-0.06	0.22
Cash	0.81	0.79	0.52	0.74	0.83	0.78	0.44	0.81	0.3	0.78	-0.11	0.51	-0.84	0.74	0.77	0.24	-0.03	0.77	0.83	0.75	0.27	1.0	-0.15		-0.18	-0.89
Current Deferred Revenue	0.04	0.14	0.01	0.07	0.01	0.1	0.3	0.01	-0.13	0.1	-0.12	0.04	0.15	0.07	0.03	0.31	-0.14	0.07	-0.01	0.15	-0.52	-0.16	-0.06	-0.18		0.21
Common Stock	-0.71	-0.69	-0.44	-0.68	-0.75	-0.66	-0.21	-0.74	-0.07	-0.66	0.19	-0.22	0.96	-0.53	-0.71	-0.08	0.1	-0.66	-0.75	-0.75	-0.09	-0.9	0.22	-0.89	0.21

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Hammond Manufacturing Account Relationship Matchups

Hammond Manufacturing balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	111.4M	120.3M	137.0M	168.0M	189.5M	199.0M
Short Long Term Debt Total	36.6M	35.7M	35.5M	48.4M	56.5M	59.3M
Other Current Liab	10.0M	10.3M	17.0M	21.7M	16.6M	17.5M
Total Current Liabilities	42.5M	39.2M	45.7M	63.4M	66.9M	70.3M
Total Stockholder Equity	54.7M	61.5M	68.7M	81.5M	99.0M	103.9M
Property Plant And Equipment Net	46.1M	50.8M	56.1M	69.7M	77.2M	81.1M
Net Debt	35.8M	32.9M	31.5M	47.5M	47.6M	24.6M
Retained Earnings	41.8M	49.0M	56.3M	67.6M	85.7M	90.0M
Accounts Payable	6.6M	7.0M	10.2M	8.2M	8.5M	6.6M
Non Current Assets Total	48.4M	53.0M	58.4M	71.9M	79.6M	83.5M
Net Receivables	19.1M	20.5M	27.2M	30.0M	31.7M	18.0M
Liabilities And Stockholders Equity	111.4M	120.3M	137.0M	168.0M	189.5M	199.0M
Non Current Liabilities Total	14.2M	19.5M	22.5M	23.0M	23.6M	24.8M
Inventory	41.4M	42.1M	45.5M	63.3M	67.6M	70.9M
Other Current Assets	1.8M	1.9M	1.7M	1.9M	1.9M	1.3M
Total Liab	56.7M	58.7M	68.3M	86.5M	90.5M	95.1M
Total Current Assets	63.1M	67.2M	78.5M	96.1M	110.0M	115.5M
Short Term Debt	25.8M	20.6M	18.5M	31.0M	41.3M	43.4M
Intangible Assets	200K	233K	314K	238K	271K	243.4K
Accumulated Other Comprehensive Income	2.4M	2.0M	1.9M	3.4M	2.8M	1.6M
Cash And Short Term Investments	719K	2.8M	4.1M	942K	8.9M	9.3M
Cash	719K	2.8M	4.1M	942K	8.9M	9.3M
Other Liab	3.3M	4.4M	5.5M	5.6M	6.5M	4.2M
Net Tangible Assets	54.5M	61.3M	68.3M	81.3M	93.4M	66.5M
Net Invested Capital	77.8M	81.2M	90.4M	118.2M	144.2M	104.2M
Long Term Investments	846K	864K	836K	823K	929K	919.1K
Short Long Term Debt	23.0M	17.8M	15.5M	28.4M	38.9M	26.1M
Net Working Capital	20.5M	28.0M	32.8M	32.7M	43.1M	31.2M
Property Plant Equipment	46.1M	50.8M	56.1M	69.7M	80.2M	53.2M

Pair Trading with Hammond Manufacturing

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hammond Manufacturing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hammond Manufacturing will appreciate offsetting losses from the drop in the long position's value.

Moving against Hammond Stock

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Pair Corr

The ability to find closely correlated positions to Hammond Manufacturing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hammond Manufacturing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hammond Manufacturing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hammond Manufacturing to buy it.

The correlation of Hammond Manufacturing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hammond Manufacturing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hammond Manufacturing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Hammond Manufacturing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Hammond Stock Analysis

When running Hammond Manufacturing's price analysis, check to measure Hammond Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hammond Manufacturing is operating at the current time. Most of Hammond Manufacturing's value examination focuses on studying past and present price action to predict the probability of Hammond Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Manufacturing's price. Additionally, you may evaluate how the addition of Hammond Manufacturing to your portfolios can decrease your overall portfolio volatility.

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Hammond Historical Balance Sheet

Hammond Manufacturing Inventory

70.93 Million

About Hammond Balance Sheet Analysis

Hammond Manufacturing Balance Sheet Chart

Total Assets

Total Current Liabilities

Hammond Manufacturing balance sheet Correlations

Hammond Manufacturing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hammond Manufacturing balance sheet Accounts

Pair Trading with Hammond Manufacturing

Moving against Hammond Stock

Additional Tools for Hammond Stock Analysis

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Property Plant And Equipment Net	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Assets Total
Other Stockholder Equity	+ 1.0	Non Currrent Assets Other
Cash	+ 1.0	Cash And Short Term Investments

Common Stock	- 0.9	Cash And Short Term Investments
Common Stock	- 0.89	Cash
Cash And Short Term Investments	- 0.87	Common Stock Shares Outstanding
Cash	- 0.84	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.8	Retained Earnings
Short Term Debt	- 0.79	Common Stock Shares Outstanding