Hanover Bancorp annual debt-to-equity ratio
2020
2021
2022
2023
2023
2024
2025
Hanover Bancorp Debt-to-Equity Ratio Growth & History (HNVR)
Hanover Bancorp's debt-to-equity ratio was 0.56 for fiscal 2025.
View full Hanover Bancorp company overviewHanover Bancorp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.56 | −0.04 | −6.47% |
| 2024 | 2024-12-31 | 0.59 | −0.29 | −33.06% |
| 2023 | 2023-12-31 | 0.89 | — | — |
| 2023 | 2023-09-30 | 1.03 | 0.44 | +74.03% |
| 2022 | 2022-09-30 | 0.59 | −0.71 | −54.75% |
| 2021 | 2021-09-30 | 1.30 | 0.21 | +19.41% |
| 2020 | 2020-09-30 | 1.09 | — | — |
Hanover Bancorp quarterly debt-to-equity ratio
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.33 | −0.27 | −44.58% |
| Q1 2026 | 2026-03-31 | 0.34 | −0.25 | −42.76% |
| Q4 2025 | 2025-12-31 | 0.56 | −0.04 | −6.47% |
| Q3 2025 | 2025-09-30 | 0.55 | −0.15 | −21.24% |
| Q2 2025 | 2025-06-30 | 0.60 | −0.24 | −28.19% |
| Q1 2025 | 2025-03-31 | 0.59 | −0.24 | −29.10% |
| Q4 2024 | 2024-12-31 | 0.59 | −0.16 | −21.23% |
| Q3 2024 · Sep 30 | 2024-09-30 | 0.70 | −0.32 | −31.45% |
| Q3 2024 · Jun 30 | 2024-06-30 | 0.84 | −0.83 | −49.93% |
| Q2 2024 | 2024-03-31 | 0.84 | 0.02 | +1.85% |
| Q1 2024 | 2023-12-31 | 0.75 | −0.66 | −46.48% |
| Q4 2023 | 2023-09-30 | 1.03 | 0.44 | +74.03% |
| Q3 2023 | 2023-06-30 | 1.67 | 1.33 | +390.54% |
| Q2 2023 | 2023-03-31 | 0.82 | 0.26 | +46.38% |
| Q1 2023 | 2022-12-31 | 1.41 | 0.53 | +60.97% |
| Q4 2022 | 2022-09-30 | 0.59 | −0.71 | −54.75% |
| Q3 2022 | 2022-06-30 | 0.34 | −1.64 | −82.85% |
| Q2 2022 | 2022-03-31 | 0.56 | −0.12 | −17.98% |
| Q1 2022 | 2021-12-31 | 0.88 | — | — |
| Q4 2021 | 2021-09-30 | 1.30 | 0.21 | +19.41% |
| Q3 2021 | 2021-06-30 | 1.98 | — | — |
| Q2 2021 | 2021-03-31 | 0.69 | — | — |
| Q4 2020 | 2020-09-30 | 1.09 | — | — |
Hanover Bancorp debt-to-equity ratio trends
Between the periods ended 2020-09-30 and 2025-12-31, Hanover Bancorp's debt-to-equity ratio decreased from 1.09 to 0.56, a change of −0.54. The latest reported quarter, Q2 2026, shows 0.33.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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