HFWA (Heritage Financial) Debt-to-Asset : 0.02 (As of Jun. 2026)

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HFWA Heritage Financial Corp HFWA
62 GF Score
Price $28.00
GF Value $28.19
Valuation Fairly Valued
! 5 Warning Signs
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What is Heritage Financial Debt-to-Asset?

Heritage Financial HFWA -0.67% 62 Debt-to-Asset is 0.02 as of Jun. 2026. GuruFocus rates HFWA with a GF Score™ of 62/100 and a GF Value™ of $28.19 (Fairly Valued). The stock has 5 warning signs investors should review.

Heritage Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $166.3 Mil. Heritage Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $22.5 Mil. Heritage Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $8,430.6 Mil. Heritage Financial's debt to asset for the quarter that ended in Jun. 2026 was 0.02.

Heritage Financial  (NAS:HFWA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Heritage Financial Debt-to-Asset Related Terms

Heritage Financial Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Heritage Financial's Debt-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.

Heritage Financial Debt-to-Asset Chart

Heritage Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.08 0.06 0.01

Heritage Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-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 0.04 0.02 0.01 0.01 0.02

HFWA vs FMBL, AMTB, UVSP: Debt-to-Asset Comparison

For the Banks - Regional subindustry, Heritage Financial's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Heritage Financial Debt-to-Asset vs Banks Industry

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

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


HFWA
62GF Score
Heritage Financial Corp HFWA
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Heritage Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Heritage Financial's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.846 + 39.887) / 6967.35
=0.01

Heritage Financial's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(166.25 + 22.497) / 8430.566
=0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.02 mean?
Heritage Financial (HFWA) has a Debt-to-Asset of 0.02 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Heritage Financial and its competitors.
Is Heritage Financial's Debt-to-Asset too high?
Heritage Financial's current Debt-to-Asset is 0.02. Overall, Heritage Financial has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heritage Financial's Debt-to-Asset compare to FMBL and AMTB?
Heritage Financial's Debt-to-Asset of 0.02 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 Debt-to-Asset for a Banks company?
A good Debt-to-Asset depends on the Banks industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Heritage Financial and its competitors. Heritage Financial's current Debt-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Financial stock overvalued right now?
Based on GuruFocus' analysis, Heritage Financial (HFWA) is currently considered Fairly Valued. The stock's GF Value™ is $28.19, compared to a current price of $28.00 — trading 0.7% below its estimated fair value. The current Debt-to-Asset is 0.02. Heritage Financial's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Heritage Financial (HFWA), the current Debt-to-Asset is 0.02 as of Jun. 2026. 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.

Is Heritage Financial (HFWA) Overvalued in 2026?

Based on GuruFocus' analysis, Heritage Financial stock appears to be undervalued. The current stock price of $28.00 is trading 0.7% below its estimated GF Value™ of $28.19. GuruFocus considers Heritage Financial to be Fairly Valued.

Key valuation signals for HFWA:

  • Debt-to-Asset: 0.02
  • GF Value™: $28.19 vs. price of $28.00 (0.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the HFWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heritage Financial Business Description

Address 201 Fifth Avenue SW, Olympia, WA, USA, 98501
Heritage Financial Corp is a bank holding company. The company, through its subsidiary, provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as non-interest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties mainly located in its market area. Geographically, all the business activity functions through the region of the United States.
62GF Score

Get the complete analysis for HFWA

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.00
Price
$28.19
GF Value