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Hingham Institution forvings (Hingham Institution forvings) Equity-to-Asset : 0.09 (As of Jun. 2023)


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What is Hingham Institution forvings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hingham Institution forvings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $399.85 Mil. Hingham Institution forvings's Total Assets for the quarter that ended in Jun. 2023 was $4,310.73 Mil. Therefore, Hingham Institution forvings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.09.

The historical rank and industry rank for Hingham Institution forvings's Equity-to-Asset or its related term are showing as below:

HIFS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.1
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Hingham Institution forvings was 0.10. The lowest was 0.08. And the median was 0.09.

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

Hingham Institution forvings Equity-to-Asset Historical Data

The historical data trend for Hingham Institution forvings'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.

Hingham Institution forvings Equity-to-Asset Chart

Hingham Institution forvings 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 0.10 0.10 0.10 0.09 0.09

Hingham Institution forvings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 Hingham Institution forvings's Equity-to-Asset

For the Banks - Regional subindustry, Hingham Institution forvings'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.


Hingham Institution forvings's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hingham Institution forvings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hingham Institution forvings's Equity-to-Asset falls into.



Hingham Institution forvings 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.

Hingham Institution forvings'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
=407.62/4483.947
=0.09

Hingham Institution forvings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=399.853/4310.727
=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.


Hingham Institution forvings  (NAS:HIFS) 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%.


Hingham Institution forvings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hingham Institution forvings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hingham Institution forvings (Hingham Institution forvings) Business Description

Traded in Other Exchanges
Address
55 Main Street, Hingham, MA, USA, 02043
Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.

Hingham Institution forvings (Hingham Institution forvings) Headlines

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