Heartland Banccorp
Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services. In addit… Read more
Heartland Banccorp (HLAN) - Total Assets
Latest total assets as of September 2024: $1.94 Billion USD
Based on the latest financial reports, Heartland Banccorp (HLAN) holds total assets worth $1.94 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Heartland Banccorp - Total Assets Trend (2012–2023)
This chart illustrates how Heartland Banccorp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Heartland Banccorp - Asset Composition Analysis
Current Asset Composition (December 2023)
Heartland Banccorp's total assets of $1.94 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.94 Million | 0.2% |
| Goodwill | $12.39 Million | 0.7% |
Asset Composition Trend (2012–2023)
This chart illustrates how Heartland Banccorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Heartland Banccorp's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2023, down from 3.8% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 0.7% of total assets.
Heartland Banccorp Competitors by Total Assets
Key competitors of Heartland Banccorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Heartland Banccorp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Heartland Banccorp generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Heartland Banccorp generates $ 1.04 in net profit.
Heartland Banccorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.06 | 0.05 |
| Quick Ratio | 0.04 | 0.06 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.57 Billion | $ -1.26 Billion | $ -889.14 Million |
Heartland Banccorp - Advanced Valuation Insights
This section examines the relationship between Heartland Banccorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.87 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 13.2% |
| Total Assets | $1.88 Billion |
| Market Capitalization | $192.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Heartland Banccorp's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Heartland Banccorp's assets grew by 13.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Heartland Banccorp (2012–2023)
The table below shows the annual total assets of Heartland Banccorp from 2012 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.88 Billion | +13.23% |
| 2022-12-31 | $1.66 Billion | +13.21% |
| 2021-12-31 | $1.47 Billion | -5.04% |
| 2020-12-31 | $1.55 Billion | +38.77% |
| 2019-12-31 | $1.11 Billion | +6.47% |
| 2018-12-31 | $1.05 Billion | +16.22% |
| 2017-12-31 | $900.93 Million | +15.31% |
| 2016-12-31 | $781.30 Million | +7.10% |
| 2015-12-31 | $729.50 Million | +12.29% |
| 2014-12-31 | $649.68 Million | +11.94% |
| 2013-12-31 | $580.36 Million | +0.30% |
| 2012-12-31 | $578.62 Million | -- |