GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Horizon Bancorp (IN) (NAS:HBNC) » Definitions » Equity-to-Asset
中文

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Equity-to-Asset : 0.09 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Horizon Bancorp (IN) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Horizon Bancorp (IN)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $718.8 Mil. Horizon Bancorp (IN)'s Total Assets for the quarter that ended in Dec. 2023 was $7,940.5 Mil. Therefore, Horizon Bancorp (IN)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for Horizon Bancorp (IN)'s Equity-to-Asset or its related term are showing as below:

HBNC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Horizon Bancorp (IN) was 0.13. The lowest was 0.09. And the median was 0.11.

HBNC's Equity-to-Asset is ranked better than
50.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs HBNC: 0.09

Horizon Bancorp (IN) Equity-to-Asset Historical Data

The historical data trend for Horizon Bancorp (IN)'s Equity-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.

Horizon Bancorp (IN) Equity-to-Asset Chart

Horizon Bancorp (IN) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.12 0.10 0.09 0.09

Horizon Bancorp (IN) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-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 0.09 0.09 0.09 0.09 0.09

Competitive Comparison of Horizon Bancorp (IN)'s Equity-to-Asset

For the Banks - Regional subindustry, Horizon Bancorp (IN)'s Equity-to-Asset, along with its competitors' market caps and Equity-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.


Horizon Bancorp (IN)'s Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Horizon Bancorp (IN)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Horizon Bancorp (IN)'s Equity-to-Asset falls into.



Horizon Bancorp (IN) Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Horizon Bancorp (IN)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=718.812/7940.485
=0.09

Horizon Bancorp (IN)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=718.812/7940.485
=0.09

* 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.


Horizon Bancorp (IN)  (NAS:HBNC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Horizon Bancorp (IN) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Horizon Bancorp (IN)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Horizon Bancorp (IN) (Horizon Bancorp (IN)) Business Description

Traded in Other Exchanges
N/A
Address
515 Franklin Street, Michigan City, IN, USA, 46360
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. In addition, the company provides advances, loans, term loans, overdrafts for various business purposes such as business expansion, purchasing machinery and equipment, business mortgaged and others. The company has one principal business segment, commercial banking. Revenue generated by the company mainly consists of dividends received.
Executives
Susan D Aaron director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Todd A. Etzler officer: Executive Vice President & GC 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Vanessa Peterson Williams director 999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Craig M Dwight officer: Chief Executive Officer 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Thomas M Prame officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Noe S Najera officer: EVP, Sr. Retail & Mort Lending 515 FRANKLIN ST, MICHIGAN CITY IN 46360
Julie Scheck Freigang director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Michele M. Magnuson director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
James D Neff officer: President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Kathie A Deruiter officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Lynn Kerber officer: EVP & SCCO 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Dennis Kuhn officer: Executive Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Steven William Reed director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Peter L Pairitz director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360
Eric P. Blackhurst director 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

Horizon Bancorp (IN) (Horizon Bancorp (IN)) Headlines

From GuruFocus

Horizon Bancorp (IN) (HBNC) Reports Q3 2023 Earnings

By GuruFocus Research 10-25-2023