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Heartland Group HoldingsASX:HGH +2.94%42 Debt-to-Equity is 0.46 as of Dec. 2025, which is 72% below its 10-year median of 1.66. GuruFocus rates ASX:HGH with a GF Score™ of 42/100 and a GF Value™ of A$0.93 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,419 Banks companies, Heartland Group Holdings ranks better than 57.79% on this metric.
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 Heartland Group Holdings's Debt-to-Equity or its related term are showing as below:
ASX:HGH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 1.66 Max: 3.21
Current: 0.46
During the past 13 years, the highest Debt-to-Equity Ratio of Heartland Group Holdings was 3.21. The lowest was 0.34. And the median was 1.66.
ASX:HGH's Debt-to-Equity is ranked better than 57.79% of 1419
companies
in the Banks industry
Industry Median: 0.58
vs ASX:HGH: 0.46
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.
Heartland Group Holdings Debt-to-Equity Related Terms
Heartland Group Holdings Debt-to-Equity Historical Data
* 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.
For the Banks - Regional subindustry, Heartland Group Holdings'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.
Heartland Group Holdings Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Heartland Group Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Heartland Group Holdings's Debt-to-Equity falls into.
* 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.
Heartland Group Holdings (ASX:HGH) has a Debt-to-Equity of 0.46 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Heartland Group Holdings and its competitors. This is 72% below median its historical median of 1.66. Over the past decade, Heartland Group Holdings' Debt-to-Equity has ranged from 0.34 to 3.21. According to the industry distribution chart, Heartland Group Holdings ranks #599 out of 1419 companies in the Banks industry, placing it in the top 42.2%.
Is Heartland Group Holdings' Debt-to-Equity too high?
Heartland Group Holdings' current Debt-to-Equity of 0.46 is 72% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.21. The Banks industry median Debt-to-Equity is 0.58. Heartland Group Holdings' value of 0.46 is 20.7% below this industry median. Based on the distribution chart, Heartland Group Holdings ranks #599 out of 1419 companies in the Banks industry, which is above the industry midpoint. Overall, Heartland Group Holdings has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heartland Group Holdings' Debt-to-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Heartland Group Holdings ranks #599 out of 1419 companies for Debt-to-Equity. This puts Heartland Group Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Heartland Group Holdings' value of 0.46 is 20.7% below this benchmark. Historically, Heartland Group Holdings' own Debt-to-Equity has ranged from 0.34 to 3.21 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 0.58, Heartland Group Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,419 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heartland Group Holdings's current Debt-to-Equity of 0.46 is 20.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Heartland Group Holdings and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heartland Group Holdings's current Debt-to-Equity is 0.46, which is 72% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heartland Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Heartland Group Holdings (ASX:HGH) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.93, compared to a current price of A$1.05 — trading 12.9% above its estimated fair value. The current Debt-to-Equity is 0.46, which is 72% below median its 10-year median of 1.66 and 20.7% below the Banks industry median of 0.58. Heartland Group Holdings' overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Heartland Group Holdings (ASX:HGH), the current Debt-to-Equity is 0.46 as of Dec. 2025. 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 Heartland Group Holdings (ASX:HGH) Overvalued in 2026?
Based on GuruFocus' analysis, Heartland Group Holdings stock appears to be overvalued.
The current stock price of A$1.05 is trading 12.9% above its estimated GF Value™ of A$0.93.
GuruFocus considers Heartland Group Holdings to be Modestly Overvalued.
Key valuation signals for ASX:HGH:
Debt-to-Equity: 0.46 (72% below median its 10-year median of 1.66)
GF Value™: A$0.93 vs. price of A$1.05 (12.9% above fair value)
Industry Position: 20.7% below the Banks median (#599 of 1419)
No single metric tells the full story. See the ASX:HGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.
42GF Score
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