Hanmi Financial Corporation (HAFC) Balance Sheet
HAFC balance sheet, 2025
December 31, 2025 · U.S. dollars$7.87B assets = $7.07B liabilities + $796.4M equity
Both columns are drawn to the same scale: what HAFC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HAFC financial health
Descriptive bands, not a rating. Fiscal 2025.
HAFC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.70B2016 | $7.87B2025 | +5.9%/yr | |
| Total liabilities | $4.17B2016 | $7.07B2025 | +6.0%/yr | |
| Shareholders’ equity | $531.0M2016 | $796.4M2025 | +4.6%/yr | |
| Cash & short-term investments | $664.2M2016 | $1.09B2025 | +5.7%/yr | |
| Total debt | $334.0M2016 | $280.5M2025 | −1.9%/yr | |
| Net cash (debt) | $330.2M2016 | $813.0M2025 | +$482.8M | |
| Working capital | −$3.44B2016 | −$5.74B2025 | −$2.3B | |
| Book value per share | $16.572016 | $26.512025 | +5.4%/yr | |
| Debt / equity | 0.632016 | 0.352025 | −0.28 | |
| Shares outstanding | 32.0M2016 | 30.0M2025 | −0.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HAFC assets
HAFC liabilities and equity
HAFC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HAFC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.09B | $1.21B | $1.17B | $1.21B | $1.52B | $1.15B | $756.2M | $730.3M | $732.6M | $664.2M |
| Cash & equivalents | $212.8M | $304.8M | $302.3M | $352.4M | $609.0M | $391.8M | $121.7M | $155.4M | $153.8M | $147.2M |
| Short-term investments | $880.6M | $905.8M | $865.7M | $853.8M | $910.8M | $753.8M | $634.5M | $574.9M | $578.8M | $517.0M |
| Receivables | $24.5M | $67.8M | $58.6M | $653.0M | $532.1M | $465.2M | $523.6M | $21.6M | $18.6M | $12.7M |
| Inventory | $0 | $0 | −$5.83B | −$423.3M | −$665.7M | −$454.6M | −$133.5M | −$390.5M | −$329.7M | −$289.6M |
| Other current assets | $0 | $0 | $5.83B | $507.7M | $741.6M | $537.6M | $198.2M | $418.8M | $359.6M | $319.6M |
| Total current assets | $1.12B | $1.28B | $1.23B | $1.94B | $2.13B | $1.69B | $1.34B | $780.1M | $781.1M | $706.9M |
| Property, plant & equipment (net) | $20.4M | $21.4M | $22.0M | $22.9M | $24.8M | $26.4M | $26.1M | $27.8M | $26.7M | $28.7M |
| Goodwill & intangible assets | $11.0M | $17.5M | $11.1M | $11.2M | $11.4M | $11.6M | $11.9M | $12.2M | $12.5M | $12.9M |
| Long-term investments | $880.6M | $905.8M | $865.7M | $853.8M | $910.8M | $762.3M | $5.19B | $5.15B | $4.28B | $3.82B |
| Other non-current assets | $5.84B | $5.45B | $5.44B | $4.55B | $3.78B | $3.71B | $0 | $0 | $110.4M | $131.2M |
| Total assets | $7.87B | $7.68B | $7.57B | $7.38B | $6.86B | $6.20B | $5.54B | $5.50B | $5.21B | $4.70B |
| Liabilities | ||||||||||
| Accounts payable | $34.8M | $34.8M | $39.3M | $7.8M | $1.2M | $4.6M | $11.2M | $11.4M | $5.3M | $2.6M |
| Short-term debt | $150.0M | $225.0M | $250.0M | $300.0M | $50.0M | $57.5M | $15.0M | $55.0M | $150.0M | $315.0M |
| Deferred revenue | — | — | −$39.3M | — | −$56.7M | −$53.0M | −$35.2M | −$43.6M | −$144.7M | −$312.4M |
| Total current liabilities | $6.86B | $6.70B | $6.57B | $6.56B | $5.91B | $5.35B | $4.78B | $4.83B | $4.53B | $4.15B |
| Long-term debt | $130.5M | $168.1M | $205.0M | $479.4M | $215.0M | $119.0M | $118.4M | $117.8M | $117.3M | $19.0M |
| Other long-term liabilities | $79.9M | $82.0M | $93.6M | $0 | $87.5M | $151.3M | $75.1M | $173,000 | $803,000 | $978,000 |
| Total liabilities | $7.07B | $6.95B | $6.87B | $6.74B | $6.22B | $5.62B | $4.97B | $4.95B | $4.65B | $4.17B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $34,000 | $34,000 | $34,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 |
| Retained earnings (deficit) | $394.3M | $350.9M | $319.0M | $269.5M | $196.8M | $114.6M | $100.6M | $97.5M | $70.6M | $41.7M |
| Treasury stock | — | — | — | — | −$125.8M | −$119.0M | −$116.5M | −$108.6M | −$71.9M | −$70.8M |
| Accumulated other comprehensive income | −$43.2M | −$70.7M | −$71.9M | −$89.0M | −$8.4M | $3.1M | $3.4M | −$6.1M | −$1.9M | −$2.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $796.4M | $732.2M | $701.9M | $637.5M | $643.4M | $577.0M | $563.3M | $552.6M | $562.5M | $531.0M |
| Key figures | ||||||||||
| Total debt | $280.5M | $393.1M | $455.0M | $479.4M | $352.5M | $269.0M | $208.4M | $172.8M | $267.3M | $334.0M |
| Net cash (debt) | $813.0M | $817.5M | $713.1M | $726.9M | $1.17B | $876.7M | $547.8M | $557.5M | $465.4M | $330.2M |
| Working capital | −$5.74B | −$5.42B | −$5.34B | −$4.62B | −$3.78B | −$3.66B | −$3.44B | −$4.05B | −$3.75B | −$3.44B |
| Tangible book value | $785.4M | $714.7M | $690.8M | $626.3M | $632.0M | $565.4M | $551.4M | $540.4M | $549.9M | $518.1M |
| Book value per share | $26.51 | $24.32 | $23.14 | $20.98 | $21.12 | $19.06 | $18.31 | $17.24 | $17.44 | $16.57 |
| Shares outstanding | 30.0M | 30.1M | 30.3M | 30.4M | 30.5M | 30.3M | 30.8M | 32.1M | 32.2M | 32.0M |
| Current ratio | 0.16 | 0.19 | 0.19 | 0.30 | 0.36 | 0.32 | 0.28 | 0.16 | 0.17 | 0.17 |
| Quick ratio | 0.16 | 0.19 | 0.19 | 0.28 | 0.35 | 0.30 | 0.27 | 0.16 | 0.17 | 0.16 |
| Debt / equity | 0.35 | 0.54 | 0.65 | 0.75 | 0.55 | 0.47 | 0.37 | 0.31 | 0.48 | 0.63 |
| Equity / assets | 10.1% | 9.5% | 9.3% | 8.6% | 9.4% | 9.3% | 10.2% | 10.0% | 10.8% | 11.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $1.23B | $409.1M | $1.09B | $1.09B | $1.27B | $423.9M | $1.21B | $1.20B | $1.19B | $1.13B | $1.17B | $1.11B |
| Cash & equivalents | $331.2M | $254.0M | $212.8M | $215.7M | $380.1M | $329.0M | $304.8M | $287.8M | $313.1M | $256.0M | $302.3M | $289.0M |
| Short-term investments | $896.6M | $155.0M | $880.6M | $877.3M | $890.2M | $94.9M | $905.8M | $908.9M | $877.6M | $872.2M | $865.7M | $817.2M |
| Receivables | $24.6M | $23.3M | $24.5M | $60.8M | $63.3M | $521.1M | $67.8M | $550.5M | $582.5M | $599.0M | $58.6M | $649.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$7.41B | −$7.32B | −$6.39B | −$324.8M | −$359.3M |
| Other current assets | $174.0M | $0 | $0 | $0 | $0 | $0 | $0 | $7.41B | $7.32B | $6.39B | $324.8M | $359.3M |
| Total current assets | $1.43B | $432.4M | $1.12B | $1.15B | $1.33B | $945.1M | $1.28B | $1.75B | $1.77B | $1.73B | $1.23B | $1.76B |
| Property, plant & equipment (net) | $20.3M | $20.0M | $20.4M | $20.3M | $20.6M | $20.9M | $21.4M | $21.4M | $22.0M | $22.0M | $22.0M | $20.7M |
| Goodwill & intangible assets | $11.0M | $11.0M | $11.0M | $11.0M | $11.0M | $11.0M | $28.5M | $17.7M | $11.0M | $11.1M | $11.1M | $11.1M |
| Long-term investments | $896.6M | $835.7M | $880.6M | $877.3M | $890.2M | $907.0M | $905.8M | $908.9M | $877.6M | $872.2M | $865.7M | $817.2M |
| Other non-current assets | $5.65B | $6.54B | $5.84B | $5.79B | $5.61B | $5.85B | $5.44B | $5.02B | $4.90B | $4.88B | $5.44B | $4.75B |
| Total assets | $8.00B | $7.84B | $7.87B | $7.86B | $7.86B | $7.73B | $7.68B | $7.71B | $7.59B | $7.51B | $7.57B | $7.35B |
| Liabilities | ||||||||||||
| Accounts payable | $27.5M | $30.6M | $34.8M | $34.2M | $30.6M | $29.6M | $34.8M | $52.6M | $47.7M | $38.0M | $39.3M | $50.3M |
| Short-term debt | — | — | $150.0M | $62.5M | $115.0M | $105.0M | $225.0M | $212.5M | $230.0M | $110.0M | $250.0M | $87.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$47.7M | −$38.0M | −$39.3M | −$37.2M |
| Total current liabilities | $6.98B | $6.83B | $6.86B | $6.86B | $6.87B | $6.75B | $6.70B | $6.67B | $6.61B | $6.52B | $6.57B | $6.48B |
| Long-term debt | $130.8M | $130.6M | $130.5M | $130.3M | $143.5M | $143.3M | $168.1M | $218.0M | $192.8M | $192.7M | $205.0M | $292.4M |
| Other long-term liabilities | $75.0M | $74.6M | $79.9M | $83.5M | $81.4M | $80.1M | $82.0M | $89.3M | $79.4M | $92.2M | $93.6M | $0 |
| Total liabilities | $7.19B | $7.04B | $7.07B | $7.08B | $7.10B | $6.98B | $6.95B | $6.98B | $6.88B | $6.81B | $6.87B | $6.69B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 |
| Retained earnings (deficit) | $423.5M | $408.3M | $394.3M | $381.2M | $367.3M | $360.3M | $350.9M | $340.7M | $333.4M | $326.5M | $319.0M | $308.0M |
| Accumulated other comprehensive income | −$46.6M | −$45.6M | −$43.2M | −$48.0M | −$54.5M | −$60.0M | −$70.7M | −$55.1M | −$78.0M | −$76.9M | −$71.9M | −$99.4M |
| Total shareholders' equity | $812.7M | $802.8M | $796.4M | $779.5M | $762.8M | $751.5M | $732.2M | $736.7M | $707.1M | $703.1M | $701.9M | $663.4M |
| Key figures | ||||||||||||
| Total debt | $130.8M | $130.6M | $280.5M | $192.8M | $258.5M | $248.3M | $393.1M | $430.5M | $422.8M | $302.7M | $455.0M | $292.4M |
| Net cash (debt) | $1.10B | $278.5M | $813.0M | $900.2M | $1.01B | $175.6M | $817.5M | $766.2M | $767.9M | $825.6M | $713.1M | $813.9M |
| Working capital | −$5.56B | −$6.40B | −$5.74B | −$5.71B | −$5.54B | −$5.81B | −$5.42B | −$4.92B | −$4.83B | −$4.80B | −$5.34B | −$4.73B |
| Tangible book value | $801.6M | $791.8M | $785.4M | $768.5M | $751.8M | $740.5M | $703.7M | $719.0M | $696.0M | $692.0M | $690.8M | $652.2M |
| Book value per share | $27.30 | $26.93 | $26.63 | $26.02 | $25.38 | $25.00 | $24.40 | $24.53 | $23.46 | $23.34 | $23.20 | $21.90 |
| Shares outstanding | 29.8M | 29.8M | 29.9M | 30.0M | 30.1M | 30.1M | 30.0M | 30.0M | 30.1M | 30.1M | 30.3M | 30.3M |
| Current ratio | 0.20 | 0.06 | 0.16 | 0.17 | 0.19 | 0.14 | 0.19 | 0.26 | 0.27 | 0.26 | 0.19 | 0.27 |
| Quick ratio | 0.18 | 0.06 | 0.16 | 0.17 | 0.19 | 0.14 | 0.19 | 0.26 | 0.27 | 0.26 | 0.19 | 0.27 |
| Debt / equity | 0.16 | 0.16 | 0.35 | 0.25 | 0.34 | 0.33 | 0.54 | 0.58 | 0.60 | 0.43 | 0.65 | 0.44 |
| Equity / assets | 10.2% | 10.2% | 10.1% | 9.9% | 9.7% | 9.7% | 9.5% | 9.6% | 9.3% | 9.4% | 9.3% | 9.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
HAFC financial position
At the end of fiscal 2025 (December 31, 2025), Hanmi Financial had total assets of $7.9 billion (up 2.5% from a year earlier), total liabilities of $7.1 billion and shareholders' equity of $796.4 million. It held $1.1 billion in cash and short-term investments against $280.5 million of debt, a net cash position of $813.0 million. Its current ratio was 0.16. In the latest quarter (ended June 30, 2026) total assets were $8.0 billion and equity $812.7 million.
Related: HAFC income statement, HAFC cash flow statement, HAFC key metrics. See the HAFC stock overview for the latest quote and news.
HAFC balance sheet FAQ
What are Hanmi Financial's total assets?
Hanmi Financial reported total assets of $7.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $7.7 billion a year earlier.
How much debt does Hanmi Financial have?
Hanmi Financial had $280.5 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.35.
How much cash does Hanmi Financial have?
Hanmi Financial held $1.1 billion in cash and short-term investments at the end of fiscal 2025; with $280.5 million of debt that is net cash of $813.0 million.
What is Hanmi Financial's book value?
Hanmi Financial's shareholders' equity (book value) was $796.4 million at the end of fiscal 2025, or $26.51 per share.
What is Hanmi Financial's current ratio?
Hanmi Financial had current assets of $1.1 billion and current liabilities of $6.9 billion, a current ratio of 0.16 (current liabilities exceed current assets).
How much goodwill does Hanmi Financial have?
Hanmi Financial carried $11.0 million of goodwill and intangible assets, 0.1% of total assets, at the end of fiscal 2025.