Heritage Earnings Before Interest Taxes and Depreciation Amortization EBITDA vs Free Cash Flow Analysis
HRTG Stock | USD 9.49 0.22 2.37% |
Trend analysis of Heritage Insurance Hldgs balance sheet accounts such as Other Current Liabilities of 392 M or Total Current Liabilities of 612.4 M provides information on Heritage Insurance's total assets, liabilities, and equity, which is the actual value of Heritage Insurance Hldgs to its prevalent stockholders. By breaking down trends over time using Heritage Insurance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Heritage |
About Heritage Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Heritage Insurance Hldgs at a specified time, usually calculated after every quarter, six months, or one year. Heritage Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heritage Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Heritage currently owns. An asset can also be divided into two categories, current and non-current.
Heritage Insurance Balance Sheet Chart
Heritage Insurance Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Heritage Insurance Hldgs uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Heritage Insurance's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Heritage Insurance's current Total Stockholder Equity is estimated to increase to about 317.9 M, while Other Liabilities is projected to decrease to roughly 250.2 K. Add Fundamental
Total Assets
Total assets refers to the total amount of Heritage Insurance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Heritage Insurance Hldgs books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Heritage Insurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Heritage Insurance Hldgs are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Heritage Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heritage Insurance Hldgs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Heritage Insurance's Tax Provision is most likely to decrease significantly in the upcoming years. The Heritage Insurance's current Issuance Of Capital Stock is estimated to increase to about 25.9 M, while Selling General Administrative is projected to decrease to roughly 64.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 631.6M | 662.5M | 735.5M | 476.0M | Total Revenue | 631.6M | 662.5M | 737.7M | 476.2M |
Heritage Insurance fundamental ratios Correlations
Click cells to compare fundamentals
Heritage Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heritage Insurance fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.1B | 2.0B | 2.4B | 1.4B | 1.5B | |
Short Long Term Debt Total | 129.2M | 121.0M | 151.9M | 170.2M | 148.2M | 137.8M | |
Other Current Liab | (237.4M) | (261.0M) | (263.3M) | (289.8M) | 373.3M | 392.0M | |
Total Current Liabilities | 237.4M | 261.0M | 263.3M | 16.8M | 583.3M | 612.4M | |
Total Stockholder Equity | 448.8M | 442.3M | 343.1M | 131.0M | 220.3M | 317.9M | |
Other Liab | 13.0M | 677.8M | 599.6M | 229K | 263.4K | 250.2K | |
Property Plant And Equipment Net | 20.8M | 18.7M | 45.2M | 53.2M | 57.7M | 60.5M | |
Net Debt | (139.1M) | (320.0M) | (207.4M) | (110.7M) | (325.1M) | (308.9M) | |
Retained Earnings | 217.3M | 219.8M | 138.4M | (19.2M) | 26.1M | 24.8M | |
Accounts Payable | 227.4M | 251.0M | 263.3M | 279.8M | 193.7M | 149.7M | |
Cash | 268.4M | 441.0M | 359.3M | 280.9M | 473.3M | 263.2M | |
Non Current Assets Total | 829.1M | 796.0M | 863.8M | 102.8M | 740.4M | 431.7M | |
Non Currrent Assets Other | (12.6M) | (18.5M) | (9.4M) | (653.9M) | 586.0M | 615.3M | |
Other Assets | (240.8M) | (173.4M) | (264.8M) | 1.9B | 1.5B | 1.6B | |
Long Term Debt | 119.2M | 121.0M | 120.8M | 128.9M | 30.1M | 28.6M | |
Cash And Short Term Investments | 855.6M | 1.0B | 1.0B | 916.5M | 553.2M | 730.4M | |
Net Receivables | 495.8M | 464.7M | 353.1M | 909.9M | 586.8M | 348.0M | |
Common Stock Shares Outstanding | 29.2M | 28.0M | 27.8M | 26.3M | 26.3M | 22.3M | |
Short Term Investments | 587.3M | 561.0M | 669.4M | 635.6M | 89.5M | 85.1M | |
Liabilities And Stockholders Equity | 1.9B | 2.1B | 2.0B | 2.4B | 1.4B | 1.5B | |
Non Current Liabilities Total | 179.3M | 179.5M | 201.8M | 2.2B | 609.0M | 468.3M | |
Total Liab | 1.5B | 1.6B | 1.6B | 2.3B | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 18.7M | 18.0M | 20.8M | 18.7M | 21.5M | 17.0M | |
Total Current Assets | 1.4B | 1.5B | 1.4B | 373.6M | 672.2M | 855.1M | |
Property Plant Equipment | 27.4M | 18.7M | 45.2M | 25.7M | 29.6M | 21.6M | |
Accumulated Other Comprehensive Income | 7.3M | 6.1M | (4.6M) | (53.6M) | (35.3M) | (33.5M) | |
Net Tangible Assets | 227.7M | 227.6M | 195.2M | 81.5M | 73.3M | 69.7M | |
Retained Earnings Total Equity | 217.3M | 219.8M | 138.4M | (19.2M) | (17.3M) | (16.4M) | |
Capital Surpluse | 329.6M | 331.9M | 332.8M | 334.7M | 384.9M | 311.1M | |
Other Current Assets | 418.4M | 629.9M | 495.8M | 512.1M | 672.2M | 705.8M | |
Other Stockholder Equity | 224.2M | 216.5M | 209.2M | 203.8M | 229.4M | 230.8M | |
Deferred Long Term Liab | 7.7M | 12.6M | 18.5M | 9.4M | 10.8M | 11.8M | |
Long Term Investments | 588.9M | 591.8M | 697.9M | 637.1M | 569.4M | 570.2M | |
Treasury Stock | (105.4M) | (115.4M) | (123.6M) | (130.9M) | (117.8M) | (123.7M) | |
Non Current Liabilities Other | 1.3B | 1.5B | 1.5B | 2.1B | 2.4B | 1.2B | |
Intangible Assets | 68.6M | 62.3M | 55.9M | 49.6M | 42.6M | 56.2M |
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
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.