HMN Financial (HMN Financial) Debt-to-Equity

: 0.12 (As of Dec. 2023)

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HMN Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. HMN Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.20 Mil. HMN Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $107.71 Mil. HMN Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HMN Financial's Debt-to-Equity or its related term are showing as below:

HMNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.12 Max: 0.13
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of HMN Financial was 0.13. The lowest was 0.09. And the median was 0.12.

HMNF's Debt-to-Equity is ranked better than
88.77% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs HMNF: 0.12

HMN Financial Debt-to-Equity Historical Data

The historical data trend for HMN Financial's Debt-to-Equity 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.

HMN Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.12

HMN Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																-	0.02	0.24	-	0.12

Competitive Comparison

For the Banks - Regional subindustry, HMN Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

HMN Financial Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, HMN Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HMN Financial's Debt-to-Equity falls into.

HMN Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HMN Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	13.2)	/	107.707
	=	0.12

HMN Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	13.2)	/	107.707
	=	0.12

HMN Financial (NAS:HMNF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

HMN Financial Debt-to-Equity Related Terms

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HMN Financial (HMN Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HMN Financial Inc (NAS:HMNF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 Civic Center Drive Northwest, Rochester, MN, USA, 55901

Website

https://www.justcallhome.com

HMN Financial Inc is a stock savings bank holding company of Home federal savings bank. The bank is engaged in community banking and operates retail banking and loan production facilities in Minnesota, Iowa, Wisconsin. It is involved in the business of attracting deposits from the general public and businesses and using such deposits to originate single-family residential, commercial real estate and multi-family mortgage loans as well as consumer, construction, and commercial business loans. The bank also invests in mortgage-backed and related securities, U.S. government agency obligations and other permissible investments. Its products and services include checking and savings accounts, cash deposits, online services, credit cards among others.

Executives

Bradley Krehbiel	other: EVP of subsidiary	RT 3 BOX 174, LAKE CITY MN 55041
Jeffrey Bolton	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
David Oeth	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Pamela Bishop	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Williams Barbara Butts	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Jon J Eberle	officer: Senior Vice President	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Wendy S Shannon	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Mark E Utz	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hugh C Smith	director	1016 CIVIC CENTER DR NW, ROCHESTER MN 55901
Sequoya S Borgman	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Michael A Bue	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hans K Zietlow	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Patricia S Simmons	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Malcolm W Mcdonald	director
Michael J Fogarty	director