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Heritage Commerce (Heritage Commerce) Liabilities-to-Assets : 0.87 (As of Dec. 2023)


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What is Heritage Commerce 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 Commerce's Total Liabilities for the quarter that ended in Dec. 2023 was $4,521.2 Mil. Heritage Commerce's Total Assets for the quarter that ended in Dec. 2023 was $5,194.1 Mil. Therefore, Heritage Commerce's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.87.


Heritage Commerce Liabilities-to-Assets Historical Data

The historical data trend for Heritage Commerce'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 Commerce Liabilities-to-Assets Chart

Heritage Commerce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.89 0.88 0.87

Heritage Commerce Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 0.88 0.88 0.88 0.87 0.87

Competitive Comparison of Heritage Commerce's Liabilities-to-Assets

For the Banks - Regional subindustry, Heritage Commerce'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 Commerce's Liabilities-to-Assets Distribution in the Banks Industry

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

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



Heritage Commerce 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 Commerce's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=4521.194/5194.095
=0.87

Heritage Commerce's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=4521.194/5194.095
=0.87

* 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 Commerce  (NAS:HTBK) 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 Commerce Liabilities-to-Assets Related Terms

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Heritage Commerce (Heritage Commerce) Business Description

Traded in Other Exchanges
Address
224 Airport Parkway, San Jose, CA, USA, 95110
Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.
Executives
Susan Svensson Just officer: EVP/Chief Credit Officer 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Jason Philip Dinapoli director 1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain director 3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern officer: Chief Financial Officer C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek director, officer: CEO and President HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli officer: EVP/Chief People and Diversity 224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter officer: EVP/CRO/Corporate Secretary 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito officer: EVP/Business Banking Division 150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton officer: EVP/COO 150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson director 150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr officer: EVP 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113