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Hingham Institution forvings (Hingham Institution forvings) Liabilities-to-Assets : 0.91 (As of Jun. 2023)


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What is Hingham Institution forvings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Hingham Institution forvings's Total Liabilities for the quarter that ended in Jun. 2023 was $3,910.87 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 Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.91.


Hingham Institution forvings Liabilities-to-Assets Historical Data

The historical data trend for Hingham Institution forvings's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Hingham Institution forvings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.90 0.90 0.91 0.91

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
Liabilities-to-Assets 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 0.91 0.91 0.91 0.91 0.91

Competitive Comparison of Hingham Institution forvings's Liabilities-to-Assets

For the Banks - Regional subindustry, Hingham Institution forvings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

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

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



Hingham Institution forvings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Hingham Institution forvings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=4076.327/4483.947
=0.91

Hingham Institution forvings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=3910.874/4310.727
=0.91

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Hingham Institution forvings Liabilities-to-Assets Related Terms

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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