Heritage Commerce (Heritage Commerce) Debt-to-Equity

: 0.06 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

Heritage Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Heritage Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39.5 Mil. Heritage Commerce's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $672.9 Mil. Heritage Commerce's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Heritage Commerce's Debt-to-Equity or its related term are showing as below:

HTBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.14
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Heritage Commerce was 0.14. The lowest was 0.01. And the median was 0.07.

HTBK's Debt-to-Equity is ranked better than
94.06% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs HTBK: 0.06

Heritage Commerce Debt-to-Equity Historical Data

The historical data trend for Heritage Commerce'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.

Heritage Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.07

0.06

Heritage Commerce 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																0.06	0.52	0.06	0.06	0.06

Competitive Comparison

For the Banks - Regional subindustry, Heritage Commerce'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.

Heritage Commerce Debt-to-Equity Distribution

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

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

Heritage Commerce Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Heritage Commerce'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	+	39.502)	/	672.901
	=	0.06

Heritage Commerce'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	+	39.502)	/	672.901
	=	0.06

Heritage Commerce (NAS:HTBK) 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.

Heritage Commerce Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Heritage Commerce's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Commerce (Heritage Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Commerce Corp (NAS:HTBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

XHC:Germany

Address

224 Airport Parkway, San Jose, CA, USA, 95110

Website

https://www.heritagecommercecorp.com

Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.

Executives

Susan Svensson Just	officer: EVP/Chief Credit Officer	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Jason Philip Dinapoli	director	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain	director	3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern	officer: Chief Financial Officer	C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek	director, officer: CEO and President	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli	officer: EVP/Chief People and Diversity	224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter	officer: EVP/CRO/Corporate Secretary	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito	officer: EVP/Business Banking Division	150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton	officer: EVP/COO	150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson	director	150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr	officer: EVP	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113