Heartland Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Heartland Group Holdings has total assets of NZ$7.9B and total equity of NZ$1.0B. Total deposits are NZ$4.2B, and total loans are NZ$6.9B earning a Net Interest Margin of 4%. It has insufficient allowance for bad loans, which are currently at 2.6% of total loans. Cash and short-term investments are NZ$178.6M.
Key information
7.8x
Asset to equity ratio
4.0%
Net interest margin
Total deposits | NZ$4.21b |
Loan to deposit ratio | High |
Bad loans | 2.6% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | NZ$178.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HGH's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: HGH has a low allowance for bad loans (39%).
Low Risk Liabilities: 61% of HGH's liabilities are made up of primarily low risk sources of funding.
Loan Level: HGH has an appropriate level of Loans to Assets ratio (86%).
Low Risk Deposits: HGH's Loans to Deposits ratio (163%) is high.
Level of Bad Loans: HGH has a high level of bad loans (2.6%).