Harvest Story

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HCAP -- USA Stock  

USD 7.76  0.01  0.13%

Harvest Capital Tangible Asset Value is very stable at the moment as compared to the past year. Harvest Capital reported last year Tangible Asset Value of 140.06 Million. As of 27th of December 2020, Asset Turnover is likely to grow to 0.10, while Invested Capital is likely to drop about 184.8 M. As many baby boomers are still indifferent towards financial services space, it makes sense to recap Harvest Capital Credit. We will evaluate if Harvest Capital shares are reasonably priced going into January. In this post, I will also go over some essential variables affecting Harvest Capital's products, and show how it may impact Harvest Capital outlook for active traders this year.
Published over three weeks ago
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Harvest Capital (NASDAQ:HCAP) continues to roll up
Harvest Capital holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e. Beta) of -0.1535, which attests to not very significant fluctuations relative to the market. Let's try to break down what Harvest's beta means in this case. As returns on the market increase, returns on owning Harvest Capital are expected to decrease at a much lower rate. During the bear market, Harvest Capital is likely to outperform the market. Although it is vital to follow Harvest Capital Credit current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. Our philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Harvest Capital Credit expected return of 1.25 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Harvest Capital Credit variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to analyze future returns on Harvest Capital Credit.

And What about dividends?

A dividend is the distribution of a portion of Harvest Capital earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Harvest Capital dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Harvest one year expected dividend income is about $0.46 per share.
As of 22nd of January 2021, Dividends per Basic Common Share is likely to grow to 1.28, while Payment of Dividends and Other Cash Distributions is likely to drop (5.5 M).
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-5.1 M-5.5 M
Dividend Yield 0.13  0.13 
Dividends per Basic Common Share 1.12  1.28 
Investing in dividend-paying stocks, such as Harvest Capital Credit is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Harvest Capital must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Harvest Capital. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Harvest Capital's Liquidity

Harvest Capital financial leverage refers to using borrowed capital as a funding source to finance Harvest Capital Credit ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Harvest Capital financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Harvest Capital's total debt and its cash.

How Harvest utilizes its cash?

To perform a cash flow analysis of Harvest Capital, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Harvest Capital is receiving and how much cash it distributes out in a given period. The Harvest Capital cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Harvest Capital Net Cash Flow from Operations is very stable at the moment as compared to the past year. Harvest Capital reported last year Net Cash Flow from Operations of (26.67 Million)

What did Harvest Capital file with SEC?

The SEC filings are financial statements or other formal documents of Harvest Capital Credit that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Harvest shareholders may or may not be submitted as SEC does not always require it.
Unclassified Corporate Event
Financial Statements and Exhibits. Regulation FD Disclosure. Entry into a Material Definitive Agreement
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Harvest shareholders may or may not be submitted as SEC does not always require it.

What is driving Harvest Capital Investor Appetite?

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Harvest Capital has an asset utilization ratio of 12.66 percent. This suggests that the company is making $0.13 for each dollar of assets. An increasing asset utilization means that Harvest Capital Credit is more efficient with each dollar of assets it utilizes for everyday operations.

Over 3 percent roll up for Harvest Capital. What does it mean for insiders?

Recent potential upside is at 13.27. Harvest Capital Credit is displaying above-average volatility over the selected time horizon. Investors should scrutinize Harvest Capital Credit independently to ensure intended market timing strategies are aligned with expectations about Harvest Capital volatility.

Our Final Takeaway

Although other entities under the asset management industry are still a bit expensive, Harvest Capital may offer a potential longer-term growth to insiders. To sum up, as of the 27th of December 2020, we believe Harvest Capital is currently overvalued. It moves indifferently to market moves and projects below average probability of distress in the next two years. Our primary 30 days advice on the firm is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Harvest Capital Credit. Please refer to our Terms of Use for any information regarding our disclosure principles.

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