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


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What is Heritage NOLA Bancorp Liabilities-to-Assets?

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 Liabilities-to-Assets Historical Data

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.

* Premium members only.

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

Competitive Comparison of Heritage NOLA Bancorp's Liabilities-to-Assets

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's Liabilities-to-Assets Distribution in the 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.


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

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Heritage NOLA Bancorp (Heritage NOLA Bancorp) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Lisa B. Hughes officer: SVP and CFO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
W. David Crumhorn director, officer: Chairman, President and CEO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Dana Whitaker officer: EVP and CCO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
William Thomas Ballantine director 7009 LONGVUS, MANDEVILLE LA 70448
Rodrigue Julian J. Jr. director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Jason S. Hunt director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Caruso Salvatore A. Jr. director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Elizabeth M. Eustis director 205 NORTH COLUMBIA STREET COVINGTON LA 70433

Heritage NOLA Bancorp (Heritage NOLA Bancorp) Headlines