HRGG (Heritage NOLA Bancorp) Total Assets: $135.28 Mil (As of Mar. 2020)


What is Heritage NOLA Bancorp Total Assets?

Heritage NOLA Bancorp HRGG Total Assets is $135.28 Mil as of Mar. 2020.

Heritage NOLA Bancorp's Total Assets for the quarter that ended in Mar. 2020 was $135.28 Mil.

Total Assets is connected with ROA %. Heritage NOLA Bancorp's annualized ROA % for the quarter that ended in Mar. 2020 was 0.20%. Total Assets is also linked to Revenue through Asset Turnover. Heritage NOLA Bancorp's Asset Turnover for the quarter that ended in Mar. 2020 was 0.01.

Heritage NOLA Bancorp  (OTCPK:HRGG) Total Assets Explanation

Total Assets is connected with ROA %.

Heritage NOLA Bancorp's annualized ROA % for the quarter that ended in Mar. 2020 is

ROA %=Net Income (Q: Mar. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=0.264/( (131.432+135.281)/ 2 )
=0.264/133.3565
=0.20 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Heritage NOLA Bancorp's Asset Turnover for the quarter that ended in Mar. 2020 is

Asset Turnover
=Revenue (Q: Mar. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=1.153/( (131.432+135.281)/ 2 )
=1.153/133.3565
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Heritage NOLA Bancorp Total Assets Related Terms

Heritage NOLA Bancorp Total Assets Historical Data

* Premium members only.

The historical data trend for Heritage NOLA Bancorp's Total 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 Total Assets Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Total Assets
98.02 109.96 119.42 131.43

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Total 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 121.46 122.34 131.21 131.43 135.28

Heritage NOLA Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Heritage NOLA Bancorp's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=23.184+108.248
=131.43

Heritage NOLA Bancorp's Total Assets for the quarter that ended in Mar. 2020 is calculated as

Total Assets=Total Equity (Q: Mar. 2020 )+Total Liabilities (Q: Mar. 2020 )
=23.196+112.085
=135.28

* 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 Total Assets →
What does a Total Assets of $135.28 Mil mean?
Heritage NOLA Bancorp (HRGG) has a Total Assets of $135.28 Mil as of Mar. 2020. The total amount of assets as recorded on a company's balance sheet. View historical data on Heritage NOLA Bancorp and its competitors.
Is Heritage NOLA Bancorp's Total Assets too high?
Heritage NOLA Bancorp's current Total Assets is $135.28 Mil.
How does Heritage NOLA Bancorp's Total Assets compare to SSBP and IOFB?
Heritage NOLA Bancorp's Total Assets of $135.28 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 Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Heritage NOLA Bancorp and its competitors. Heritage NOLA Bancorp's current Total Assets is $135.28 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 Total Assets of $135.28 Mil. The current Total Assets is $135.28 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Heritage NOLA Bancorp (HRGG), the current Total Assets is $135.28 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.