Hanover Bancorp annual net debt
2020
2021
2022
2023
2023
2024
2025
Hanover Bancorp Net Debt Growth & History (HNVR)
Hanover Bancorp's net debt was −$97.6M for fiscal 2025.
View full Hanover Bancorp company overviewHanover Bancorp annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$97.6M | −$51.6M | — |
| 2024 | 2024-12-31 | −$46.0M | −$33.4M | — |
| 2023 | 2023-12-31 | −$12.6M | — | — |
| 2023 | 2023-09-30 | −$1.9M | $46.3M | — |
| 2022 | 2022-09-30 | −$48.2M | −$41.3M | — |
| 2021 | 2021-09-30 | −$6.9M | −$11.8M | — |
| 2020 | 2020-09-30 | $4.9M | — | — |
Hanover Bancorp quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$73.8M | −$28.6M | — |
| Q1 2026 | 2026-03-31 | −$125.9M | −$82.6M | — |
| Q4 2025 | 2025-12-31 | −$97.6M | −$51.6M | — |
| Q3 2025 | 2025-09-30 | −$55.8M | −$49.8M | — |
| Q2 2025 | 2025-06-30 | −$45.2M | −$62.9M | — |
| Q1 2025 | 2025-03-31 | −$43.3M | −$65.8M | — |
| Q4 2024 | 2024-12-31 | −$46.0M | −$8.2M | — |
| Q3 2024 · Sep 30 | 2024-09-30 | −$6.0M | −$4.1M | — |
| Q3 2024 · Jun 30 | 2024-06-30 | $17.7M | −$75.9M | −81.04% |
| Q2 2024 | 2024-03-31 | $22.5M | $78.2M | — |
| Q1 2024 | 2023-12-31 | −$37.8M | −$135.8M | — |
| Q4 2023 | 2023-09-30 | −$1.9M | $46.3M | — |
| Q3 2023 | 2023-06-30 | $93.6M | $170.6M | — |
| Q2 2023 | 2023-03-31 | −$55.7M | −$4.4M | — |
| Q1 2023 | 2022-12-31 | $98.0M | $99.7M | — |
| Q4 2022 | 2022-09-30 | −$48.2M | −$41.3M | — |
| Q3 2022 | 2022-06-30 | −$77.0M | −$134.7M | — |
| Q2 2022 | 2022-03-31 | −$51.3M | −$30.2M | — |
| Q1 2022 | 2021-12-31 | −$1.7M | — | — |
| Q4 2021 | 2021-09-30 | −$6.9M | −$11.8M | — |
| Q3 2021 | 2021-06-30 | $57.7M | — | — |
| Q2 2021 | 2021-03-31 | −$21.1M | — | — |
| Q4 2020 | 2020-09-30 | $4.9M | — | — |
Hanover Bancorp net debt trends
Between the periods ended 2020-09-30 and 2025-12-31, Hanover Bancorp's net debt decreased from $4.9M to −$97.6M, a change of −$102.6M. The latest reported quarter, Q2 2026, shows −$73.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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