HRGG (Heritage NOLA Bancorp) Liabilities-to-Assets : 0.83 (As of Mar. 2020)

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What is Heritage NOLA Bancorp Liabilities-to-Assets?

Heritage NOLA Bancorp HRGG Liabilities-to-Assets is 0.83 as of Mar. 2020.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Heritage NOLA Bancorp's Total Liabilities for the quarter that ended in Mar. 2020 was $112.09 Mil. Heritage NOLA Bancorp's Total Assets for the quarter that ended in Mar. 2020 was $135.28 Mil. Therefore, Heritage NOLA Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2020 was 0.83.

Heritage NOLA Bancorp  (OTCPK:HRGG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Heritage NOLA Bancorp Liabilities-to-Assets Related Terms

Heritage NOLA Bancorp Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Heritage NOLA Bancorp's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
0.90 0.78 0.80 0.82

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Liabilities-to-Assets 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 0.80 0.81 0.82 0.82 0.83

HRGG vs SSBP, IOFB, VTYB: Liabilities-to-Assets Comparison

For the Banks - Regional subindustry, Heritage NOLA Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 NOLA Bancorp Liabilities-to-Assets vs Banks Industry

For the Banks industry and Financial Services sector, Heritage NOLA Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Heritage NOLA Bancorp's Liabilities-to-Assets falls into.


Heritage NOLA Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Heritage NOLA Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=108.248/131.432
=0.82

Heritage NOLA Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2020 is calculated as

Liabilities-to-Assets (Q: Mar. 2020 )=Total Liabilities/Total Assets
=112.085/135.281
=0.83

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.83 mean?
Heritage NOLA Bancorp (HRGG) has a Liabilities-to-Assets of 0.83 as of Mar. 2020. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Heritage NOLA Bancorp and its competitors.
Is Heritage NOLA Bancorp's Liabilities-to-Assets too high?
Heritage NOLA Bancorp's current Liabilities-to-Assets is 0.83.
How does Heritage NOLA Bancorp's Liabilities-to-Assets compare to SSBP and IOFB?
Heritage NOLA Bancorp's Liabilities-to-Assets of 0.83 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 Liabilities-to-Assets for a Banks company?
A good Liabilities-to-Assets depends on the Banks industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Heritage NOLA Bancorp and its competitors. Heritage NOLA Bancorp's current Liabilities-to-Assets is 0.83. 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 Liabilities-to-Assets of 0.83. The current Liabilities-to-Assets is 0.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Heritage NOLA Bancorp (HRGG), the current Liabilities-to-Assets is 0.83 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.