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6.23%Debt to Assets Ratio
VS
Market
71
Sector
55
Industry
38
History
82
$ 22.22Close
$ 18.29 - $ 26.8 52-Week Range
Ticker Information

Ticker

HNVR

Company Name

HANOVER BANCORP INC

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

HANOVER BANCORP INC - Debt to Assets Ratio Chart Analysis (TTM)

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HNVR - Debt to Assets Historical data
DateTotal AssetsTotal DebtDebt to Assets Ratio
6/30/2025$ 2.31B$ 144.09M6.23%
3/31/2025$ 2.29B$ 141.65M6.18%
12/31/2024$ 2.31B$ 141.52M6.12%
9/30/2024$ 2.33B$ 159.95M6.87%
6/30/2024$ 2.33B$ 183.53M7.87%
3/31/2024$ 2.31B$ 183.64M7.96%
12/31/2023$ 2.27B$ 164.05M7.23%
9/30/2023$ 2.15B$ 215.37M10.02%
6/30/2023$ 2.12B$ 329.77M15.54%
3/31/2023$ 2.07B$ 173.27M8.36%
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Key Performance Insights, Last 5 Years

  • HANOVER BANCORP INC's latest trailing twelve months (TTM) Debt to Assets stands at 9.09%.
  • Over the past 5 years, HANOVER BANCORP INC's average Debt to Assets has been 9.02%.
  • The median Debt to Assets for HANOVER BANCORP INC during this period was 7.92%
  • HANOVER BANCORP INC reached its highest Debt to Assets over the past 5 years at 16.42%.
  • The lowest Debt to Assets recorded by HANOVER BANCORP INC in the same timeframe 5.06%

HANOVER BANCORP INC's Debt to Assets vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

Debt to Assets Benchmarks
CompanyDebt to Assets
MNSB : MAINSTREET BANCSHARES INC 3.37%LARK : LANDMARK BANCORP INC 11.24%BCBP : BCB BANCORP INC 11.57%OVBC : OHIO VALLEY BANC CORP 3.09%CZWI : CITIZENS COMMUNITY BANCORP INC 3.56%FNWD : FINWARD BANCORP 5.51%ATLO : AMES NATIONAL CORP 3.38%PEBK : PEOPLES BANCORP OF NORTH CAROLINA INC 1.14%CFBK : CF BANKSHARES INC 5.73%CBFV : CB FINANCIAL SERVICES INC 2.29%

Definition of Debt to Assets Ratio

[Calculation] Debt to Assets measures the ratio between a company’s [Liabilities] and [Assets]. A high ratio might indicate more risk.
Debt / Assets
(=) Debt to Assets
Debt to Assets for HANOVER BANCORP INC is calculated as follows: Debt [ $ 80.9M ] / Assets [ $ 890.43M ]
(=) Debt to Assets [ 9.09% ]

HNVR - Debt to Assets Ratio, Last 5 years

5.06%

Minimum

Jun 30, 2022

16.42%

Maximum

Jun 30, 2021

9.02%

Average

7.92%

Median

Debt to Assets Benchmark Analysis

The chart above depicts the distribution of Debt to Assets for companies in the Total Stock Market. The average Debt to Assets of the companies is 26.35% with a standard deviation of 24.47%.
The following table provides additional summary stats:
Debt to Assets in the Market:
filtered constituents4.36K
min0%
max116.6%
average26.35%
median21.12%
std24.47%