Heritage Accounts Payable from 2010 to 2024
| HRTG Stock | USD 10.29 0.14 1.34% |
Accounts Payable | First Reported 2012-12-31 | Previous Quarter 282.7 M | Current Value 193.7 M | Quarterly Volatility 116.2 M |
Check Heritage Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage main balance sheet or income statement drivers, such as Interest Expense of 7 M, Selling General Administrative of 64.9 M or Total Revenue of 476.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 1.0E-4 or PTB Ratio of 0.74. Heritage financial statements analysis is a perfect complement when working with Heritage Insurance Valuation or Volatility modules.
Heritage | Accounts Payable |
Latest Heritage Insurance's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Heritage Insurance Hldgs over the last few years. An accounting item on the balance sheet that represents Heritage Insurance obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Heritage Insurance Hldgs are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Heritage Insurance's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Insurance's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
Heritage Accounts Payable Regression Statistics
| Arithmetic Mean | 120,075,381 | |
| Geometric Mean | 65,394,503 | |
| Coefficient Of Variation | 86.13 | |
| Mean Deviation | 92,182,673 | |
| Median | 96,667,000 | |
| Standard Deviation | 103,415,266 | |
| Sample Variance | 10694.7T | |
| Range | 270.8M | |
| R-Value | 0.84 | |
| Mean Square Error | 3430.8T | |
| R-Squared | 0.70 | |
| Significance | 0.000096 | |
| Slope | 19,376,489 | |
| Total Sum of Squares | 149726T |
Heritage Accounts Payable History
About Heritage Insurance Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Heritage Insurance income statement, its balance sheet, and the statement of cash flows. Heritage Insurance investors use historical funamental indicators, such as Heritage Insurance's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Heritage Insurance investors may use each financial statement separately, they are all related. The changes in Heritage Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heritage Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Heritage Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Heritage Insurance. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 193.7 M | 149.7 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heritage Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heritage Insurance's short interest history, or implied volatility extrapolated from Heritage Insurance options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Heritage Insurance Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Heritage Stock analysis
When running Heritage Insurance's price analysis, check to measure Heritage Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |
Is Heritage Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.378 | Earnings Share 1.73 | Revenue Per Share 28.08 | Quarterly Revenue Growth 0.071 | Return On Assets 0.0176 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.