Hero Innovation Group

Hero Innovation Group Financial Leverage

The Financial Leverage (Equity Multiplier) of Hero Innovation Group (HRO.CN) as of Oct 22, 2026 is -0.14. In the previous year, Financial Leverage (Equity Multiplier) was -0.27 — a change of -50.28% (higher).

Financial Leverage

-0.14

YoY

-50.28%

Last updated:

Financial Leverage (Equity Multiplier) of Hero Innovation Group is 2023 -0.14 . Financial Leverage (Equity Multiplier) of Hero Innovation Group was 2022 -0.27 . It decreases by -50.28% higher compared to the previous year.

The Hero Innovation Group Financial Leverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Financial Leverage
Date
Financial Leverage
Jan 1, 2018
1.12 CAD
Jan 1, 2019
1.12 CAD
Jan 1, 2020
-2.98 CAD
Jan 1, 2021
-9.05 CAD
Jan 1, 2022
-0.27 CAD
Jan 1, 2023
-0.14 CAD
The Hero Innovation Group Financial Leverage history
YEARFinancial LeverageYoY
-0.14-50.28%
-0.27-96.99%
-9.05+203.82%
-2.98-366.90%
1.12-0.65%
1.12—

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Hero Innovation Group Stock analysis

What does Hero Innovation Group do? Hero Innovation Group Inc. generates revenue through its flagship product Hero Financials, which provides comprehensive financial solutions for tech and financial services customers. The company also offers SideKick, a turnkey solution powered by Mastercard, enabling international parents to send, monitor, and control funds for their children studying in Canada. SideKick is accepted wherever prepaid Mastercards are used, both in-store and online. The firm's technology suite includes Digital Wallet Accounts, Budget Management, Security & Monitoring, Money Transfer Integration, Hub Solution & APIs, and Data Management, all designed to serve its target segments. Hero Financials targets customers in the tech and financial services sectors seeking integrated financial solutions. SideKick specifically serves international parents managing finances for children studying abroad in Canada, leveraging Mastercard's global acceptance. The company's technology products are sold to businesses requiring digital financial tools, including budgeting, security, and money transfer capabilities. These offerings cater to segments focused on secure, efficient financial management for both individual and institutional clients. The company's revenue streams are derived from the sale of Hero Financials and SideKick, along with the technology suite. Hero Financials is positioned as the core product for broader financial services, while SideKick addresses a niche market of international education finance. Mastercard powers SideKick, ensuring its usability across global payment networks, which enhances its appeal to customers seeking seamless cross-border financial transactions. Hero Innovation Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hero Innovation Group stock

Financial Leverage (Equity Multiplier) of Hero Innovation Group is -0.14 in 2023.

Financial Leverage (Equity Multiplier) of Hero Innovation Group changed from -0.27 to -0.14, representing a -50.28% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Financial Leverage (Equity Multiplier) Hero Innovation Group since 2006 – with annual values, charts, and detailed analysis.

Financial leverage, also known as the equity multiplier, measures total assets relative to equity. Higher leverage amplifies both returns and risks.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Financial Leverage (Equity Multiplier)'s Hero Innovation Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hero Innovation Group

All Key Metrics — Hero Innovation Group