HRGG (Heritage NOLA Bancorp) Beginning Cash Position: $6.16 Mil (As of Mar. 2020)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Heritage NOLA Bancorp Beginning Cash Position?

Heritage NOLA Bancorp HRGG Beginning Cash Position is $6.16 Mil as of Mar. 2020.

Heritage NOLA Bancorp's Beginning Cash Position for the quarter that ended in Mar. 2020 was $6.16 Mil.

Heritage NOLA Bancorp's quarterly Beginning Cash Position increased from Sep. 2019 ($3.73 Mil) to Dec. 2019 ($4.03 Mil) and increased from Dec. 2019 ($4.03 Mil) to Mar. 2020 ($6.16 Mil).

Heritage NOLA Bancorp's annual Beginning Cash Position increased from Dec. 2017 ($3.43 Mil) to Dec. 2018 ($4.04 Mil) and increased from Dec. 2018 ($4.04 Mil) to Dec. 2019 ($4.42 Mil).

Heritage NOLA Bancorp Beginning Cash Position Related Terms

Heritage NOLA Bancorp Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Heritage NOLA Bancorp's Beginning Cash Position 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.

Heritage NOLA Bancorp Beginning Cash Position Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Beginning Cash Position
0.00 3.43 4.04 4.42

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Beginning Cash Position 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 4.42 6.38 3.73 4.03 6.16

Heritage NOLA Bancorp Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $6.16 Mil mean?
Heritage NOLA Bancorp (HRGG) has a Beginning Cash Position of $6.16 Mil as of Mar. 2020. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Heritage NOLA Bancorp and its competitors.
Is Heritage NOLA Bancorp's Beginning Cash Position too high?
Heritage NOLA Bancorp's current Beginning Cash Position is $6.16 Mil.
How does Heritage NOLA Bancorp's Beginning Cash Position compare to SSBP and IOFB?
Heritage NOLA Bancorp's Beginning Cash Position of $6.16 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Heritage NOLA Bancorp and its competitors. Heritage NOLA Bancorp's current Beginning Cash Position is $6.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage NOLA Bancorp stock overvalued right now?
Heritage NOLA Bancorp (HRGG) has a current Beginning Cash Position of $6.16 Mil. The current Beginning Cash Position is $6.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Heritage NOLA Bancorp (HRGG), the current Beginning Cash Position is $6.16 Mil as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Heritage NOLA Bancorp Business Description

Address 205 North Columbia Street, Covington, LA, USA, 70433
Heritage NOLA Bancorp Inc is a banking company. Its services include personal banking, business banking, and loan facilities. The bank offers deposits, personal loans, mobile and online banking, trade finance, interest checking, foreign exchange, merchant, and other banking services.