Hingham Institution for Savings (HIFS) Balance Sheet
HIFS balance sheet, 2025
December 31, 2025 · U.S. dollars$4.54B assets = $4.06B liabilities + $479.7M equity
Both columns are drawn to the same scale: what HIFS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HIFS financial health
Descriptive bands, not a rating. Fiscal 2025.
HIFS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.01B2016 | $4.54B2025 | +9.5%/yr | |
| Total liabilities | $1.85B2016 | $4.06B2025 | +9.1%/yr | |
| Shareholders’ equity | $161.0M2016 | $479.7M2025 | +12.9%/yr | |
| Cash & short-term investments | $350.1M2016 | $6.7M2025 | −35.6%/yr | |
| Total debt | $476.2M2016 | $1.46B2025 | +13.3%/yr | |
| Net cash (debt) | −$126.1M2016 | −$1.46B2025 | −$1.3B | |
| Working capital | −$1.01B2016 | −$650.9M2025 | +$362.3M | |
| Book value per share | $74.832016 | $217.362025 | +12.6%/yr | |
| Debt / equity | 2.962016 | 3.052025 | +0.09 | |
| Shares outstanding | 2.2M2016 | 2.2M2025 | +0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HIFS assets
HIFS liabilities and equity
HIFS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HIFS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $6.7M | $351.8M | $362.5M | $362.0M | $271.2M | $234.0M | $252.2M | $296.0M | $389.5M | $350.1M |
| Cash & equivalents | $6.7M | $351.8M | $362.5M | $362.0M | $271.2M | $234.0M | $252.1M | $296.0M | $355.2M | $322.9M |
| Short-term investments | — | — | $351.9M | — | $0 | $6,000 | $11,000 | $14,000 | $34.3M | $27.2M |
| Receivables | $9.2M | $8.8M | $8.6M | $7.1M | $5.5M | $5.3M | $4.9M | $4.6M | $4.4M | $3.5M |
| Inventory | $0 | $0 | −$2.9M | −$369.2M | −$276.6M | −$243.1M | −$257.1M | −$300.6M | −$359.6M | −$326.5M |
| Other current assets | $0 | $0 | $2.9M | $369.2M | $276.6M | $243.1M | $257.1M | $300.6M | $359.6M | $326.5M |
| Total current assets | $15.9M | $360.6M | $371.0M | $369.2M | $276.6M | $239.3M | $257.1M | $300.6M | $393.9M | $353.6M |
| Property, plant & equipment (net) | $15.9M | $16.4M | $17.0M | $17.9M | $15.8M | $15.2M | $14.5M | $14.6M | $14.1M | $14.5M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $157.8M | $119.8M | $83.3M | $66.7M | $92.0M | $65.9M | $47.2M | $38.5M | $34.3M | $27.2M |
| Other non-current assets | $4.35B | $3.96B | $4.01B | $3.74B | $3.05B | $2.54B | $2.27B | $2.06B | $1.84B | $1.62B |
| Total assets | $4.54B | $4.46B | $4.48B | $4.19B | $3.43B | $2.86B | $2.59B | $2.41B | $2.28B | $2.01B |
| Liabilities | ||||||||||
| Accounts payable | $11.8M | $8.2M | $12.3M | $4.5M | $198,000 | $252,000 | $960,000 | $2.2M | $575,000 | $400,000 |
| Short-term debt | $666.6M | $687.0M | $907.9M | $1.28B | $630.2M | $408.3M | $470.6M | $606.7M | $490.2M | $141.1M |
| Deferred revenue | — | — | −$12.3M | −$1.27B | −$630.0M | −$408.0M | −$469.6M | −$604.5M | −$489.6M | −$140.7M |
| Total current liabilities | $666.8M | $3.19B | $2.36B | $2.51B | $2.39B | $2.14B | $1.82B | $1.58B | $1.51B | $1.37B |
| Long-term debt | $797.2M | $810.0M | $1.69B | $1.28B | $665.0M | $408.0M | $687,000 | $687,000 | $752,000 | $868,000 |
| Other long-term liabilities | $2.60B | $28.7M | $21.4M | $22.0M | $18.5M | $16.7M | $520.6M | $620.0M | $591.3M | $485.8M |
| Total liabilities | $4.06B | $4.03B | $4.08B | $3.81B | $3.08B | $2.56B | $2.34B | $2.20B | $2.10B | $1.85B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.2M | $2.2M | $2.2M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M |
| Retained earnings (deficit) | $461.5M | $414.0M | $391.3M | $370.8M | $339.7M | $278.3M | $232.9M | $198.6M | $165.6M | $144.6M |
| Accumulated other comprehensive income | −$8,000 | — | $0 | $0 | — | −$12.1M | −$11.6M | $0 | $6.7M | $2.7M |
| Total shareholders' equity | $479.7M | $431.8M | $407.6M | $386.0M | $354.6M | $292.9M | $247.2M | $212.6M | $186.2M | $161.0M |
| Key figures | ||||||||||
| Total debt | $1.46B | $1.50B | $1.69B | $1.28B | $665.0M | $408.0M | $505.9M | $607.4M | $580.0M | $476.2M |
| Net cash (debt) | −$1.46B | −$1.15B | −$1.33B | −$914.0M | −$393.8M | −$174.0M | −$253.7M | −$311.4M | −$190.4M | −$126.1M |
| Working capital | −$650.9M | −$2.83B | −$1.99B | −$2.14B | −$2.12B | −$1.90B | −$1.56B | −$1.27B | −$1.11B | −$1.01B |
| Tangible book value | $479.7M | $431.8M | $407.6M | $386.0M | $354.6M | $292.9M | $247.2M | $212.6M | $186.2M | $161.0M |
| Book value per share | $217.36 | $196.79 | $185.87 | $175.28 | $161.11 | $134.19 | $113.25 | $97.20 | $85.35 | $74.83 |
| Shares outstanding | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M |
| Current ratio | 0.02 | 0.11 | 0.16 | 0.15 | 0.12 | 0.11 | 0.14 | 0.19 | 0.26 | 0.26 |
| Quick ratio | 0.02 | 0.11 | 0.16 | 0.15 | 0.12 | 0.11 | 0.14 | 0.19 | 0.26 | 0.26 |
| Debt / equity | 3.05 | 3.47 | 4.15 | 3.31 | 1.88 | 1.39 | 2.05 | 2.86 | 3.12 | 2.96 |
| Equity / assets | 10.6% | 9.7% | 9.1% | 9.2% | 10.3% | 10.3% | 9.5% | 8.8% | 8.1% | 8.0% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $4.8M | $5.5M | $5.2M | $6.7M | $360.0M | $360.6M | $361.6M | $351.8M | $368.1M | $369.1M | $373.2M | $362.5M |
| Cash & equivalents | $4.8M | $5.5M | $5.2M | $6.7M | $360.0M | $360.6M | $361.6M | $351.8M | $368.1M | $369.1M | $373.2M | $362.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $328.7M | −$363.2M | −$367.0M | — |
| Receivables | $9.6M | $9.3M | $9.5M | $9.2M | $8.9M | $9.0M | $9.0M | $8.8M | $8.4M | $9.1M | $8.8M | $8.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$15.1M | −$15.0M | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.1M | $15.0M | $0 |
| Total current assets | $14.4M | $14.8M | $14.7M | $15.9M | $368.9M | $369.6M | $370.6M | $360.6M | $376.5M | $378.2M | $382.0M | $371.0M |
| Property, plant & equipment (net) | $15.6M | $15.7M | $15.7M | $15.9M | $16.0M | $16.2M | $16.2M | $16.4M | $16.6M | $16.7M | $16.8M | $17.0M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $176.0M | $148.5M | $157.8M | $140.6M | $129.2M | $124.7M | $119.8M | $104.1M | $99.1M | $92.8M | $83.3M |
| Other non-current assets | $4.55B | $4.35B | $4.37B | $4.35B | $4.01B | $4.02B | $4.01B | $3.96B | $3.95B | $4.03B | $4.04B | $4.01B |
| Total assets | $4.58B | $4.56B | $4.55B | $4.54B | $4.53B | $4.54B | $4.52B | $4.46B | $4.45B | $4.52B | $4.53B | $4.48B |
| Liabilities | ||||||||||||
| Accounts payable | — | $11.2M | $11.8M | $11.8M | $14.7M | $13.0M | $11.3M | $8.2M | $11.0M | $12.2M | $14.0M | $12.3M |
| Short-term debt | — | — | $209,000 | $666.8M | $69,000 | $136,000 | $203,000 | $687.0M | $46,000 | $111,000 | $176,000 | $907.9M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | −$12.2M | −$14.0M | — |
| Total current liabilities | — | — | $209,000 | $666.8M | $2.51B | $2.49B | $2.58B | $3.19B | $2.47B | $2.43B | $2.41B | $2.36B |
| Long-term debt | $0 | $1.41B | $1.41B | $797.2M | $1.53B | $1.57B | $1.47B | $810.0M | $1.53B | $1.65B | $1.68B | $1.69B |
| Other long-term liabilities | $4.06B | $2.64B | $2.65B | $2.60B | $32.7M | $30.6M | $30.2M | $28.7M | $25.4M | $24.4M | $23.3M | $21.4M |
| Total liabilities | $4.06B | $4.05B | $4.07B | $4.06B | $4.07B | $4.09B | $4.09B | $4.03B | $4.03B | $4.10B | $4.11B | $4.08B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M |
| Retained earnings (deficit) | $498.3M | $487.1M | $463.0M | $461.5M | $443.7M | $427.8M | $419.8M | $414.0M | $404.0M | $399.5M | $396.8M | $391.3M |
| Accumulated other comprehensive income | $141,000 | $53,000 | $27,000 | −$8,000 | −$12,000 | — | — | — | — | — | — | $0 |
| Total shareholders' equity | $519.1M | $507.4M | $482.7M | $479.7M | $461.7M | $445.8M | $437.6M | $431.8M | $421.7M | $417.2M | $414.4M | $407.6M |
| Key figures | ||||||||||||
| Total debt | $1.42B | $1.41B | $1.41B | $1.46B | $1.53B | $1.57B | $1.47B | $1.50B | $1.53B | $1.65B | $1.69B | $1.69B |
| Net cash (debt) | −$1.41B | −$1.40B | −$1.41B | −$1.46B | −$1.17B | −$1.21B | −$1.11B | −$1.15B | −$1.16B | −$1.28B | −$1.31B | −$1.33B |
| Working capital | — | — | $14.5M | −$650.9M | −$2.14B | −$2.12B | −$2.21B | −$2.83B | −$2.10B | −$2.05B | −$2.02B | −$1.99B |
| Tangible book value | $519.1M | $507.4M | $482.7M | $479.7M | $461.7M | $445.8M | $437.6M | $431.8M | $421.7M | $417.2M | $414.4M | $407.6M |
| Book value per share | $234.26 | $229.29 | $218.50 | $217.36 | $209.49 | $202.61 | $198.80 | $196.07 | $191.94 | $190.84 | $189.05 | $186.30 |
| Shares outstanding | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M |
| Current ratio | — | — | 70.28 | 0.02 | 0.15 | 0.15 | 0.14 | 0.11 | 0.15 | 0.16 | 0.16 | 0.16 |
| Quick ratio | — | — | 70.28 | 0.02 | 0.15 | 0.15 | 0.14 | 0.11 | 0.15 | 0.16 | 0.16 | 0.16 |
| Debt / equity | 2.73 | 2.77 | 2.93 | 3.05 | 3.31 | 3.53 | 3.36 | 3.47 | 3.63 | 3.95 | 4.07 | 4.15 |
| Equity / assets | 11.3% | 11.1% | 10.6% | 10.6% | 10.2% | 9.8% | 9.7% | 9.7% | 9.5% | 9.2% | 9.1% | 9.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
HIFS financial position
At the end of fiscal 2025 (December 31, 2025), Hingham Savings had total assets of $4.5 billion (up 1.9% from a year earlier), total liabilities of $4.1 billion and shareholders' equity of $479.7 million. It held $6.7 million in cash and short-term investments against $1.5 billion of debt, net debt of $1.5 billion. Its current ratio was 0.02. In the latest quarter (ended September 30, 2026) total assets were $4.6 billion and equity $519.1 million.
Related: HIFS income statement, HIFS cash flow statement, HIFS key metrics. See the HIFS stock overview for the latest quote and news.
HIFS balance sheet FAQ
What are Hingham Savings's total assets?
Hingham Savings reported total assets of $4.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.5 billion a year earlier.
How much debt does Hingham Savings have?
Hingham Savings had $1.5 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 3.05.
How much cash does Hingham Savings have?
Hingham Savings held $6.7 million in cash and short-term investments at the end of fiscal 2025; with $1.5 billion of debt that is net debt of $1.5 billion.
What is Hingham Savings's book value?
Hingham Savings's shareholders' equity (book value) was $479.7 million at the end of fiscal 2025, or $217.36 per share.
What is Hingham Savings's current ratio?
Hingham Savings had current assets of $15.9 million and current liabilities of $666.8 million, a current ratio of 0.02 (current liabilities exceed current assets).