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Eureka Homestead Bancorp (Eureka Homestead Bancorp) Liabilities-to-Assets : 0.82 (As of Sep. 2023)


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What is Eureka Homestead 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. Eureka Homestead Bancorp's Total Liabilities for the quarter that ended in Sep. 2023 was $84.49 Mil. Eureka Homestead Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $103.65 Mil. Therefore, Eureka Homestead Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.82.


Eureka Homestead Bancorp Liabilities-to-Assets Historical Data

The historical data trend for Eureka Homestead 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.

Eureka Homestead Bancorp Liabilities-to-Assets Chart

Eureka Homestead Bancorp Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
0.88 0.77 0.78 0.79

Eureka Homestead Bancorp Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Sep23
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 Premium Member Only Premium Member Only Premium Member Only 0.79 0.79 0.80 - 0.82

Competitive Comparison of Eureka Homestead Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, Eureka Homestead 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.


Eureka Homestead Bancorp's Liabilities-to-Assets Distribution in the Banks Industry

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

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



Eureka Homestead 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.

Eureka Homestead Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=81.749/103.595
=0.79

Eureka Homestead Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=84.486/103.645
=0.82

* 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.


Eureka Homestead Bancorp  (OTCPK:ERKH) 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.


Eureka Homestead Bancorp Liabilities-to-Assets Related Terms

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Eureka Homestead Bancorp (Eureka Homestead Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1922 Veterans Memorial Boulevard, Metairie, LA, USA, 70005
Eureka Homestead Bancorp Inc is a United States-based company involved in taking deposits and securing borrowings and investing those funds in one-to-four-family residential real estate loans. The company also offers deposit accounts, including savings accounts, passbooks and money market, and certificates of deposit.
Executives
Brierre Creed W. Sr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Sagona Nick O. Jr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Toups Wilbur A. Jr. director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Haskins Cecil A. Jr. director, officer: President and CFO 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Alan T. Heintzen director, officer: Chairman and CEO 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Patrick M. Gibbs director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005
Robert M. Shofstahl director 1922 VETERANS MEMORIAL BOULEVARD, METAIRIE LA 70005

Eureka Homestead Bancorp (Eureka Homestead Bancorp) Headlines