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Heartland Bancorp (Heartland Bancorp) Equity-to-Asset : 0.09 (As of Mar. 2024)


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What is Heartland Bancorp Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Heartland Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $163.79 Mil. Heartland Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $1,877.19 Mil. Therefore, Heartland Bancorp's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.09.

The historical rank and industry rank for Heartland Bancorp's Equity-to-Asset or its related term are showing as below:

HLAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.09   Max: 0.12
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Heartland Bancorp was 0.12. The lowest was 0.09. And the median was 0.09.

HLAN's Equity-to-Asset is ranked better than
50.2% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs HLAN: 0.09

Heartland Bancorp Equity-to-Asset Historical Data

The historical data trend for Heartland Bancorp's Equity-to-Asset 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.

Heartland Bancorp Equity-to-Asset Chart

Heartland Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.09 0.10 0.09 0.09

Heartland Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Equity-to-Asset 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 0.09 0.08 0.08 0.09 0.09

Competitive Comparison of Heartland Bancorp's Equity-to-Asset

For the Banks - Regional subindustry, Heartland Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Heartland Bancorp's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Heartland Bancorp's Equity-to-Asset falls into.



Heartland Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Heartland Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=162.532/1883.215
=0.09

Heartland Bancorp's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=163.794/1877.192
=0.09

* 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.


Heartland Bancorp  (OTCPK:HLAN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Heartland Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Heartland Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Heartland Bancorp (Heartland Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
430 North Hamilton Road, Whitehall, OH, USA, 43213
Heartland Bancorp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in central Ohio and northern Kentucky. The majority of the company's revenues come from interest and dividend income on loans, investment securities, and other financial instruments.