Andover Bancorp Inc
Andover Bancorp, Inc. operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services. The company offers savings and checking accounts, individual retirement accounts, and certificates of deposit. It also provides mortgage, construction, home equity, vehicle, student, and personal loans; term, commercial real estate, working capital lines o… Read more
Andover Bancorp Inc (ANDC) - Total Liabilities
Latest total liabilities as of December 2023: $538.25 Million USD
Based on the latest financial reports, Andover Bancorp Inc (ANDC) has total liabilities worth $538.25 Million USD as of December 2023.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Andover Bancorp Inc - Total Liabilities Trend (1998–2024)
This chart illustrates how Andover Bancorp Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Andover Bancorp Inc Competitors by Total Liabilities
The table below lists competitors of Andover Bancorp Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wanshih Electronic Co Ltd
TWO:6134
|
Taiwan | NT$997.63 Million |
|
Han Kook Capital Co. Ltd
KQ:023760
|
Korea | ₩4.19 Trillion |
|
Blinklab Ltd
AU:BB1
|
Australia | AU$386.18K |
|
KidariStudio Inc
KO:020120
|
Korea | ₩138.24 Billion |
|
Sangsangin Co. Ltd
KQ:038540
|
Korea | ₩4.95 Trillion |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
USA | $290.87 Million |
|
FineMat Applied Materials Co Ltd
TW:6698
|
Taiwan | NT$963.77 Million |
|
Sandon Capital Investments Ltd
AU:SNC
|
Australia | AU$46.25 Million |
Liability Composition Analysis (1998–2024)
This chart breaks down Andover Bancorp Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.08 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 26.54 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.96 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Andover Bancorp Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Andover Bancorp Inc (1998–2024)
The table below shows the annual total liabilities of Andover Bancorp Inc from 1998 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $547.89 Million | +1.79% |
| 2023-12-31 | $538.25 Million | -3.58% |
| 2022-12-31 | $558.21 Million | +5.59% |
| 2021-12-31 | $528.67 Million | +10.50% |
| 2020-12-31 | $478.42 Million | +24.38% |
| 2019-12-31 | $384.65 Million | +7.24% |
| 2018-12-31 | $358.69 Million | -3.42% |
| 2017-12-31 | $371.38 Million | +3.40% |
| 2016-12-31 | $359.15 Million | -0.22% |
| 2015-12-31 | $359.96 Million | -78.44% |
| 2000-12-31 | $1.67 Billion | +22.69% |
| 1999-12-31 | $1.36 Billion | +5.56% |
| 1998-12-31 | $1.29 Billion | -- |