HRGG (Heritage NOLA Bancorp) Marketable Securities: $5.89 Mil (As of Mar. 2020)

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Director of Data and Quant Analytics at GuruFocus
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What is Heritage NOLA Bancorp Marketable Securities?

Heritage NOLA Bancorp HRGG Marketable Securities is $5.89 Mil as of Mar. 2020.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Heritage NOLA Bancorp's Marketable Securities for the quarter that ended in Mar. 2020 was $5.89 Mil.

Heritage NOLA Bancorp's annual Marketable Securities declined from Dec. 2017 ($5.52 Mil) to Dec. 2018 ($4.22 Mil) but then increased from Dec. 2018 ($4.22 Mil) to Dec. 2019 ($6.21 Mil).

Heritage NOLA Bancorp  (OTCPK:HRGG) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Heritage NOLA Bancorp Marketable Securities Related Terms

Heritage NOLA Bancorp Marketable Securities Historical Data

* Premium members only.

The historical data trend for Heritage NOLA Bancorp's Marketable Securities 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 Marketable Securities Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Marketable Securities
0.00 5.52 4.22 6.21

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Marketable Securities 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 3.99 3.77 6.71 6.21 5.89

Heritage NOLA Bancorp Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $5.89 Mil mean?
Heritage NOLA Bancorp (HRGG) has a Marketable Securities of $5.89 Mil as of Mar. 2020. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Heritage NOLA Bancorp and its competitors.
Is Heritage NOLA Bancorp's Marketable Securities too high?
Heritage NOLA Bancorp's current Marketable Securities is $5.89 Mil.
How does Heritage NOLA Bancorp's Marketable Securities compare to SSBP and IOFB?
Heritage NOLA Bancorp's Marketable Securities of $5.89 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 Marketable Securities for a Banks company?
A good Marketable Securities depends on the Banks industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Heritage NOLA Bancorp and its competitors. Heritage NOLA Bancorp's current Marketable Securities is $5.89 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 Marketable Securities of $5.89 Mil. The current Marketable Securities is $5.89 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Heritage NOLA Bancorp (HRGG), the current Marketable Securities is $5.89 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.