Hammond Manufacturing Company Limited (HMFAF)

HMFAF Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	24.71	8.89	0.94	4.07	2.79
Cash & Short-Term Investments	24.71	8.89	0.94	4.07	2.79
Cash Growth	177.95%	843.74%	-76.85%	46.10%	287.34%
Accounts Receivable	31.8	30.35	28.5	26.9	17.54
Other Receivables	0.79	1.3	1.51	0.32	3.01
Receivables	32.59	31.66	30.01	27.22	20.54
Inventory	66.65	67.77	63.27	45.52	42.06
Prepaid Expenses	2.13	1.89	1.86	1.72	1.86
Total Current Assets	126.09	110.21	96.08	78.53	67.25
Property, Plant & Equipment	86.29	77.2	69.71	56.14	50.75
Long-Term Investments	0.99	0.93	0.82	0.84	0.86
Goodwill	0.12	0.11	0.11	0.11	0.12
Other Intangible Assets	0.16	0.21	0.18	0.23	0.15
Long-Term Deferred Charges	0.1	0.06	0.06	0.08	0.08
Other Long-Term Assets	1.04	1.04	1.04	1.04	1.04
Total Assets	214.79	189.76	168.01	136.98	120.26
Accounts Payable	11.1	8.5	8.21	10.22	7
Accrued Expenses	0.22	0.14	0.11	0.09	0.06
Short-Term Debt	0.28	0.43	14.45	1	2.69
Current Portion of Long-Term Debt	36.24	38.43	13.96	14.55	15.09
Current Portion of Leases	3.32	2.44	2.59	2.96	2.81
Current Income Taxes Payable	3.18	0.41	2.48	-	1.3
Other Current Liabilities	15.71	16.8	21.62	16.93	10.29
Total Current Liabilities	70.04	67.13	63.42	45.74	39.23
Long-Term Debt	4.9	6.3	8.24	6.13	1.86
Long-Term Leases	11.99	8.86	9.16	10.91	13.28
Long-Term Deferred Tax Liabilities	7.87	7.99	5.21	5.06	4.05
Other Long-Term Liabilities	0.15	0.15	0.15	0.15	0.15
Total Liabilities	95.25	90.76	86.46	68.28	58.71
Common Stock	10.25	10.25	10.25	10.25	10.25
Additional Paid-In Capital	0.29	0.29	0.29	0.29	0.29
Retained Earnings	103.37	85.67	67.59	56.27	49.02
Comprehensive Income & Other	5.63	2.79	3.41	1.88	1.98
Shareholders' Equity	119.54	99	81.55	68.69	61.54
Total Liabilities & Equity	214.79	189.76	168.01	136.98	120.26
Total Debt	56.73	56.45	48.39	35.53	35.72
Net Cash (Debt)	-32.02	-47.56	-47.45	-31.46	-32.93
Net Cash Per Share	-2.82	-4.20	-4.19	-2.78	-2.91
Filing Date Shares Outstanding	11.33	11.33	11.33	11.33	11.33
Total Common Shares Outstanding	11.33	11.33	11.33	11.33	11.33
Working Capital	56.04	43.08	32.67	32.79	28.02
Book Value Per Share	10.55	8.73	7.19	6.06	5.43
Tangible Book Value	119.25	98.68	81.25	68.35	61.28
Tangible Book Value Per Share	10.52	8.71	7.17	6.03	5.41
Land	51.22	44.91	40.78	26.61	22.36
Machinery	95.02	89.96	76.33	69.47	63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.