Heartland Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Heartland Group Holdings has total assets of NZ$9.3B and total equity of NZ$1.2B. Total deposits are NZ$5.9B, and total loans are NZ$7.2B earning a Net Interest Margin of 3.4%. It has insufficient allowance for bad loans, which are currently at 2.2% of total loans. Cash and short-term investments are NZ$1.3B.
Key information
7.5x
Asset to equity ratio
3.4%
Net interest margin
| Total deposits | NZ$5.95b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.2% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | NZ$1.31b |
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 (7.5x) is low.
Allowance for Bad Loans: HGH has a low allowance for bad loans (48%).
Low Risk Liabilities: 74% 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 (77%).
Low Risk Deposits: HGH's Loans to Deposits ratio (120%) is appropriate.
Level of Bad Loans: HGH has a high level of bad loans (2.2%).