Heritage Common Stock Shares Outstanding vs Non Current Assets Total Analysis

HTBK Stock  USD 8.00  0.18  2.20%   
Heritage Commerce financial indicator trend analysis is much more than just examining Heritage Commerce Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heritage Commerce Corp is a good investment. Please check the relationship between Heritage Commerce Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Commerce Corp Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Heritage Commerce's Common Stock Shares Outstanding and Non Current Assets Total is 0.65. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Heritage Commerce Corp, assuming nothing else is changed. The correlation between historical values of Heritage Commerce's Common Stock Shares Outstanding and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Heritage Commerce Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Shares Outstanding i.e., Heritage Commerce's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Heritage Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heritage Commerce Corp 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 Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Heritage Commerce's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3,119 this year, although the value of Selling General Administrative will most likely fall to 4,132.
 2021 2022 2023 2024 (projected)
Interest Expense7.1M8.9M51.1K48.5K
Depreciation And Amortization4.1M3.8M3.5M2.1M

Heritage Commerce fundamental ratios Correlations

0.980.6-0.620.940.620.66-0.560.450.350.980.980.851.00.85-0.030.980.360.540.980.970.750.810.720.230.47
0.980.65-0.540.950.540.7-0.60.430.251.00.970.820.980.84-0.150.990.380.590.980.980.780.790.730.260.5
0.60.65-0.060.790.040.99-0.120.17-0.450.670.610.690.590.76-0.450.580.80.990.670.720.60.290.310.150.92
-0.62-0.54-0.06-0.36-1.0-0.050.53-0.26-0.79-0.55-0.59-0.46-0.63-0.37-0.22-0.60.060.0-0.63-0.54-0.33-0.6-0.430.30.05
0.940.950.79-0.360.350.85-0.460.380.030.950.920.870.930.9-0.230.920.530.750.930.950.780.670.660.260.68
0.620.540.04-1.00.350.03-0.540.280.80.550.590.450.630.360.230.6-0.09-0.030.630.530.360.630.46-0.25-0.08
0.660.70.99-0.050.850.03-0.160.19-0.420.720.650.730.650.8-0.440.640.780.980.690.750.670.330.390.20.91
-0.56-0.6-0.120.53-0.46-0.54-0.16-0.02-0.36-0.6-0.52-0.42-0.55-0.510.5-0.630.09-0.1-0.56-0.55-0.46-0.37-0.520.160.04
0.450.430.17-0.260.380.280.19-0.020.280.420.460.470.450.340.350.440.180.110.430.460.150.610.110.410.2
0.350.25-0.45-0.790.030.8-0.42-0.360.280.240.340.070.37-0.030.590.34-0.44-0.520.30.190.020.530.29-0.03-0.52
0.981.00.67-0.550.950.550.72-0.60.420.240.960.830.970.83-0.160.990.40.610.980.980.790.770.730.230.53
0.980.970.61-0.590.920.590.65-0.520.460.340.960.840.980.830.00.970.310.530.970.970.730.810.710.280.46
0.850.820.69-0.460.870.450.73-0.420.470.070.830.840.850.88-0.190.80.420.650.840.880.670.540.550.050.64
1.00.980.59-0.630.930.630.65-0.550.450.370.970.980.850.85-0.010.980.350.530.980.960.740.820.710.220.46
0.850.840.76-0.370.90.360.8-0.510.34-0.030.830.830.880.85-0.340.790.530.720.850.880.650.540.510.130.63
-0.03-0.15-0.45-0.22-0.230.23-0.440.50.350.59-0.160.0-0.19-0.01-0.34-0.1-0.31-0.52-0.09-0.17-0.260.31-0.060.29-0.39
0.980.990.58-0.60.920.60.64-0.630.440.340.990.970.80.980.79-0.10.320.520.970.970.770.810.750.230.44
0.360.380.80.060.53-0.090.780.090.18-0.440.40.310.420.350.53-0.310.320.810.420.440.30.150.00.170.73
0.540.590.990.00.75-0.030.98-0.10.11-0.520.610.530.650.530.72-0.520.520.810.60.660.590.210.280.10.92
0.980.980.67-0.630.930.630.69-0.560.430.30.980.970.840.980.85-0.090.970.420.60.990.720.80.660.180.52
0.970.980.72-0.540.950.530.75-0.550.460.190.980.970.880.960.88-0.170.970.440.660.990.740.750.650.230.59
0.750.780.6-0.330.780.360.67-0.460.150.020.790.730.670.740.65-0.260.770.30.590.720.740.60.920.270.42
0.810.790.29-0.60.670.630.33-0.370.610.530.770.810.540.820.540.310.810.150.210.80.750.60.60.440.18
0.720.730.31-0.430.660.460.39-0.520.110.290.730.710.550.710.51-0.060.750.00.280.660.650.920.60.260.12
0.230.260.150.30.26-0.250.20.160.41-0.030.230.280.050.220.130.290.230.170.10.180.230.270.440.260.09
0.470.50.920.050.68-0.080.910.040.2-0.520.530.460.640.460.63-0.390.440.730.920.520.590.420.180.120.09
Click cells to compare fundamentals

Heritage Commerce Account Relationship Matchups

Heritage Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.6B5.5B5.2B5.2B5.5B
Total Stockholder Equity576.7M577.9M598.0M632.5M672.9M706.5M
Property Plant And Equipment Net8.3M10.5M9.6M9.3M41.5M43.6M
Net Debt(417.5M)(1.1B)(1.3B)(267.3M)(337.0M)(320.1M)
Retained Earnings96.7M94.9M111.3M146.4M179.1M188.0M
Cash457.4M1.1B1.3B306.6M408.1M239.6M
Non Current Assets Total967.5M727.9M951.6M1.4B4.8B5.0B
Non Currrent Assets Other(967.5M)(727.9M)(951.6M)(1.4B)111.3M94.9M
Other Assets2.2B2.4B3.0B2.9B3.3B1.7B
Cash And Short Term Investments862.2M1.4B1.4B796.2M(41.6M)(39.5M)
Common Stock Total Equity489.7M493.7M497.7M502.9M578.4M607.3M
Common Stock Shares Outstanding47.9M60.2M60.7M61.1M61.3M64.4M
Liabilities And Stockholders Equity4.1B4.6B5.5B5.2B5.2B5.5B
Other Stockholder Equity(489.7M)4.4B5.2B5.4B6.2B6.5B
Total Liab3.5B4.1B4.9B4.5B4.5B4.7B
Property Plant And Equipment Gross8.3M10.5M24.9M25.8M27.7M29.0M
Total Current Assets959.2M1.5B1.5B889.7M423.2M402.0M
Accumulated Other Comprehensive Income(9.8M)(10.7M)(11.0M)(16.9M)(12.7M)(12.1M)
Common Stock489.7M493.7M497.7M502.9M506.5M531.9M
Other Current Liab(78.4M)(102.0M)(102.0M)3.3M2.2B2.3B
Total Current Liabilities78.4M102.0M102.0M96.2M2.2B2.3B
Accounts Payable78.1M102.0M102.0M92.8M106.7M112.1M
Net Receivables97.0M121.0M117.6M122.6M141.0M148.1M
Short Long Term Debt Total39.9M39.7M39.9M39.4M71.2M41.9M
Other Liab64.3M65.5M66.6M62.5M71.9M40.3M
Long Term Debt39.6M39.7M39.9M39.4M39.5M30.0M
Short Term Investments404.8M235.8M102.3M489.6M442.6M252.1M
Non Current Liabilities Total39.6M39.7M39.9M96.2M2.3B2.4B
Inventory(468.3M)(1.1B)(1.3B)(351.0M)(315.9M)(300.1M)
Property Plant Equipment8.3M10.5M9.6M9.3M10.7M7.8M
Short Term Debt328K139K45K24K6.7M11.4M
Other Current Assets468.3M1.1B1.3B321.8M423.2M750.2M
Intangible Assets20.4M16.7M13.7M11.0M8.6M8.3M
Net Tangible Assets388.9M393.6M416.7M453.8M521.9M285.0M
Retained Earnings Total Equity96.7M94.9M111.3M146.4M168.3M176.8M
Long Term Debt Total39.6M39.7M39.9M39.4M45.3M37.1M
Long Term Investments3.3B2.8B760.6M1.2B1.1B1.8B
Non Current Liabilities Other78.1M102.0M102.0M96.2M110.6M66.6M

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When determining whether Heritage Commerce Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heritage Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Heritage Commerce Corp information on this page should be used as a complementary analysis to other Heritage Commerce's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Heritage Commerce's price analysis, check to measure Heritage Commerce'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 Commerce is operating at the current time. Most of Heritage Commerce's value examination focuses on studying past and present price action to predict the probability of Heritage Commerce'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 Commerce's price. Additionally, you may evaluate how the addition of Heritage Commerce to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Commerce'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 Commerce. 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 Commerce 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
(0.36)
Dividend Share
0.52
Earnings Share
1.06
Revenue Per Share
3.137
Quarterly Revenue Growth
(0.19)
The market value of Heritage Commerce Corp 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 Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.