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
Heartland Group Holdings (NZSE:HGH) Is Paying Out Less In Dividends Than Last Year
Sep 03
Heartland Group Holdings (NZSE:HGH) Is Increasing Its Dividend To NZ$0.0706
Aug 31Should You Be Adding Heartland Group Holdings (NZSE:HGH) To Your Watchlist Today?
Aug 24Heartland Group Holdings' (NZSE:HGH) Dividend Will Be Increased To NZ$0.065
Feb 24Should Heartland Group Holdings Limited (NZSE:HGH) Be Part Of Your Dividend Portfolio?
Feb 25Did You Participate In Any Of Heartland Group Holdings' (NZSE:HGH) Respectable 80% Return?
Jan 03Financial 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%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Heartland Group Holdings Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wade Gardiner | Deutsche Bank |
| Andrew Harvey-Green | Forsyth Barr Group Ltd. |
| Adrian Allbon | Jarden Limited |