Hammond Manufacturing Company

Hammond Manufacturing Company Interest Coverage

The Interest Coverage Ratio of Hammond Manufacturing Company (HMM.A.TO) as of Nov 5, 2026 is 9.25. In the previous year, Interest Coverage Ratio was 9.29 — a change of -0.40% (lower).

Interest Coverage

9.25

YoY

-0.40%

Last updated:

Interest Coverage Ratio of Hammond Manufacturing Company is 2024 9.25 . Interest Coverage Ratio of Hammond Manufacturing Company was 2023 9.29 . It decreases by -0.40% lower compared to the previous year.

The Hammond Manufacturing Company Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
14.75 CAD
Jan 1, 2018
2.96 CAD
Jan 1, 2019
6.82 CAD
Jan 1, 2020
7.83 CAD
Jan 1, 2021
7.57 CAD
Jan 1, 2022
5.97 CAD
Jan 1, 2023
9.29 CAD
Jan 1, 2024
9.25 CAD
The Hammond Manufacturing Company Interest Coverage history
YEARInterest CoverageYoY
9.25-0.40%
9.29+55.53%
5.97-21.14%
7.57-3.36%
7.83+14.89%
6.82+130.22%
2.96-79.92%
14.75+514.58%
2.40-45.45%
4.40-40.34%
7.38—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Hammond Manufacturing Company Stock analysis

What does Hammond Manufacturing Company do? The Hammond Manufacturing Company Ltd is a company specialized in the production of electronic components and housings. The company was founded in 1917 in Guelph, Ontario, Canada, by Oliver S. Hammond. It has since become a global manufacturer of housings and electronic components. Hammond's original business model was to manufacture electric instruments, such as organs. However, over the years, the company shifted its focus to housings and components and became a leading manufacturer in this field. In 1936, Hammond produced the world's first metal housing for electrical devices, laying the foundation for its current business. Today, Hammond offers a wide range of products, ranging from small housings for electronic components to large server housings. The company operates in multiple business areas and provides products for various industries, including telecommunications, information technology, entertainment electronics, and the automotive industry. Hammond's product range includes housings in various shapes, sizes, and materials, including steel, aluminum, and plastic. The housings are available in numerous standard sizes but can also be custom-made according to customer specifications. Hammond also offers a wide range of accessories, including switches, knobs, handles, fans, and connectors. An important area of Hammond's business is the production of transformers and chokes. These products are essential in many different applications, such as power supply and audio electronics. Hammond produces a wide range of transformers and chokes in standard and custom designs. The company also has a division specialized in custom manufacturing solutions. This division offers tailor-made products and solutions specifically designed to meet the requirements of customers in various industries. Hammond is headquartered in Canada but also has production facilities in the United States and the United Kingdom. The company also has distribution partners and representatives in many other countries. Hammond is an ISO 9001 certified company and maintains strict quality control systems to ensure its products meet the highest standards. Overall, Hammond Manufacturing has earned an excellent reputation as a manufacturer of high-quality housings and electronic components. The company has a long history in this field and is now a leading manufacturer of housings and components in many different industries. The wide product range, including custom solutions, as well as the global presence, make Hammond an important partner for customers around the world. Hammond Manufacturing Company is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hammond Manufacturing Company stock

Interest Coverage Ratio of Hammond Manufacturing Company is 9.25 in 2024.

Interest Coverage Ratio of Hammond Manufacturing Company changed from 9.29 to 9.25, representing a -0.40% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hammond Manufacturing Company since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Hammond Manufacturing Company with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Leverage — Hammond Manufacturing Company

All Key Metrics — Hammond Manufacturing Company