HRGG (Heritage NOLA Bancorp) Interest Expense: $-1.77 Mil (TTM As of Mar. 2020)


What is Heritage NOLA Bancorp Interest Expense?

Heritage NOLA Bancorp HRGG Interest Expense is $-1.77 Mil as of Mar. 2020.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heritage NOLA Bancorp's interest expense for the three months ended in Mar. 2020 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2020 was $-1.77 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Heritage NOLA Bancorp's Operating Income for the three months ended in Mar. 2020 was $ Mil. Heritage NOLA Bancorp's Interest Expense for the three months ended in Mar. 2020 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Heritage NOLA Bancorp Interest Expense Historical Data

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The historical data trend for Heritage NOLA Bancorp's Interest Expense 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 Interest Expense Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Interest Expense
-0.99 -1.02 -1.21 -1.72

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Interest Expense 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 -0.39 -0.40 -0.48 -0.45 -0.44

Heritage NOLA Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.77 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-1.77 Mil mean?
Heritage NOLA Bancorp (HRGG) has a Interest Expense of $-1.77 Mil as of Mar. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Heritage NOLA Bancorp and its competitors.
Is Heritage NOLA Bancorp's Interest Expense too high?
Heritage NOLA Bancorp's current Interest Expense is $-1.77 Mil.
How does Heritage NOLA Bancorp's Interest Expense compare to SSBP and IOFB?
Heritage NOLA Bancorp's Interest Expense of $-1.77 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 Interest Expense for a Banks company?
A good Interest Expense depends on the Banks industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Heritage NOLA Bancorp and its competitors. Heritage NOLA Bancorp's current Interest Expense is $-1.77 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 Interest Expense of $-1.77 Mil. The current Interest Expense is $-1.77 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Heritage NOLA Bancorp (HRGG), the current Interest Expense is $-1.77 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.