Hanover Bancorp
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hanover Bancorp's balance sheet done over the years? Its assets were worth $2,149,535,000 last year, which is more than in the previous period. 91% of Hanover Bancorp’s total assets is currently financed by debt. Its liabilities reached the amount of $1,963,628,000, which means an increase by 18% compared compared to last year.
Debt to Assets
| 2017 | 501358000 | 82.36M | 16.43% |
|---|---|---|---|
| 2019 | 848836000 | 776.88M | 91.52% |
| 2020 | 851606000 | 773.56M | 90.84% |
| 2021 | 1484641000 | 1.36B | 91.75% |
| 2022 | 1840058000 | 1.66B | 90.62% |
| 2023 | 2149535000 | 1.96B | 91.35% |
HNVR Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 192.11M | 149.94M | 151.25M | 80.20M | 87.83M | 34.95M |
Short term investments | 10.88M | 12.28M | 7.74M | 6.03M | 0 | 0 |
Net receivables | 10.63M | 8.54M | 9.36M | 6.76M | 0 | 0 |
Inventory | 0 | 0 | -180.14M | -91.63M | 0 | 0 |
Other current assets | 206.79M | -8.54M | 180.14M | 91.63M | 95.51M | 0 |
Total current assets | 402.95M | 162.23M | 168.36M | 93.01M | 95.51M | 34.95M |
Non-current assets: | ||||||
Property, Plant and Equipment | 26.25M | 14.46M | 15.00M | 14.15M | 14.40M | 0 |
Goodwill | 19.16M | 19.16M | 19.16M | 1.90M | 1.48M | 0 |
Intangible assets | 4.80M | 4.75M | 4.17M | 177K | 0 | 0 |
Long term investments | 14.99M | 16.69M | 16.35M | 16.76M | 65.73M | 0 |
Other non-current assets | 1.88B | -6.03M | -3.55M | -32.99M | 10.05M | 466.40M |
Total non-current assets | 1.95B | 46.80M | 54.69M | 32.99M | 753.32M | 466.40M |
Total assets | 2.14B | 1.84B | 1.48B | 851.60M | 848.83M | 501.35M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | 2.50M | -13.69M | 0 | 0 | 0 |
Short term debt | 0 | 66.86M | 14.98M | 0 | 0 | 0 |
Total current liabilities | 1.15B | 915K | 1.29M | 374K | 225.75M | 0 |
| Non-current liabilities: | ||||||
Long term debt | 147.50M | 126.32M | 184.15M | 100.13M | 115.72M | 82.36M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.81B | -125.40M | -184.15M | -100.13M | 435.40M | 0 |
Total non-current liabilities | 1.96B | 915K | 184.15M | 100.13M | 551.13M | 82.36M |
Total liabilities | 1.96B | 1.66B | 1.36B | 773.56M | 776.88M | 82.36M |
| Data source | Data source | Data source |