Heritage Other Stockholder Equity vs Cash 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 Other Stockholder Equity and its Cash 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.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Commerce Corp Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Heritage Commerce's Other Stockholder Equity and Cash is 0.45. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Heritage Commerce Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Heritage Commerce's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Heritage Commerce Corp, which is listed under current asset account on Heritage Commerce Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Heritage Commerce customers. The amounts must be unrestricted with restricted cash listed in a different Heritage Commerce account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 Expense | 7.1M | 8.9M | 51.1K | 48.5K | Depreciation And Amortization | 4.1M | 3.8M | 3.5M | 2.1M |
Heritage Commerce fundamental ratios Correlations
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Heritage Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heritage Commerce fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.6B | 5.5B | 5.2B | 5.2B | 5.5B | |
Total Stockholder Equity | 576.7M | 577.9M | 598.0M | 632.5M | 672.9M | 706.5M | |
Property Plant And Equipment Net | 8.3M | 10.5M | 9.6M | 9.3M | 41.5M | 43.6M | |
Net Debt | (417.5M) | (1.1B) | (1.3B) | (267.3M) | (337.0M) | (320.1M) | |
Retained Earnings | 96.7M | 94.9M | 111.3M | 146.4M | 179.1M | 188.0M | |
Cash | 457.4M | 1.1B | 1.3B | 306.6M | 408.1M | 239.6M | |
Non Current Assets Total | 967.5M | 727.9M | 951.6M | 1.4B | 4.8B | 5.0B | |
Non Currrent Assets Other | (967.5M) | (727.9M) | (951.6M) | (1.4B) | 111.3M | 116.9M | |
Other Assets | 2.2B | 2.4B | 3.0B | 2.9B | 3.3B | 1.7B | |
Cash And Short Term Investments | 862.2M | 1.4B | 1.4B | 796.2M | (41.6M) | (39.5M) | |
Common Stock Total Equity | 489.7M | 493.7M | 497.7M | 502.9M | 578.4M | 607.3M | |
Common Stock Shares Outstanding | 47.9M | 60.2M | 60.7M | 61.1M | 61.3M | 64.4M | |
Liabilities And Stockholders Equity | 4.1B | 4.6B | 5.5B | 5.2B | 5.2B | 5.5B | |
Other Stockholder Equity | (489.7M) | 4.4B | 5.2B | 5.4B | 6.2B | 6.5B | |
Total Liab | 3.5B | 4.1B | 4.9B | 4.5B | 4.5B | 4.7B | |
Property Plant And Equipment Gross | 8.3M | 10.5M | 24.9M | 25.8M | 27.7M | 29.0M | |
Total Current Assets | 959.2M | 1.5B | 1.5B | 889.7M | 423.2M | 402.0M | |
Accumulated Other Comprehensive Income | (9.8M) | (10.7M) | (11.0M) | (16.9M) | (12.7M) | (12.1M) | |
Common Stock | 489.7M | 493.7M | 497.7M | 502.9M | 506.5M | 531.9M | |
Other Current Liab | (78.4M) | (102.0M) | (102.0M) | 3.3M | 2.2B | 2.3B | |
Total Current Liabilities | 78.4M | 102.0M | 102.0M | 96.2M | 2.2B | 2.3B | |
Accounts Payable | 78.1M | 102.0M | 102.0M | 92.8M | 106.7M | 112.1M | |
Net Receivables | 97.0M | 121.0M | 117.6M | 122.6M | 141.0M | 148.1M | |
Short Long Term Debt Total | 39.9M | 39.7M | 39.9M | 39.4M | 71.2M | 41.9M | |
Other Liab | 64.3M | 65.5M | 66.6M | 62.5M | 71.9M | 40.3M | |
Long Term Debt | 39.6M | 39.7M | 39.9M | 39.4M | 39.5M | 30.0M | |
Short Term Investments | 404.8M | 235.8M | 102.3M | 489.6M | 442.6M | 252.1M | |
Non Current Liabilities Total | 39.6M | 39.7M | 39.9M | 96.2M | 2.3B | 2.4B | |
Inventory | (468.3M) | (1.1B) | (1.3B) | (351.0M) | (315.9M) | (300.1M) | |
Property Plant Equipment | 8.3M | 10.5M | 9.6M | 9.3M | 10.7M | 7.8M | |
Short Term Debt | 328K | 139K | 45K | 24K | 6.7M | 11.4M | |
Other Current Assets | 468.3M | 1.1B | 1.3B | 321.8M | 423.2M | 750.2M | |
Intangible Assets | 20.4M | 16.7M | 13.7M | 11.0M | 8.6M | 8.3M | |
Net Tangible Assets | 388.9M | 393.6M | 416.7M | 453.8M | 521.9M | 285.0M | |
Retained Earnings Total Equity | 96.7M | 94.9M | 111.3M | 146.4M | 168.3M | 176.8M | |
Long Term Debt Total | 39.6M | 39.7M | 39.9M | 39.4M | 45.3M | 37.1M | |
Long Term Investments | 3.3B | 2.8B | 760.6M | 1.2B | 1.1B | 1.8B | |
Non Current Liabilities Other | 78.1M | 102.0M | 102.0M | 96.2M | 110.6M | 66.6M |
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Try AI Portfolio ArchitectCheck 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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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 (0.46) | Dividend Share 0.52 | Earnings Share 1.05 | Revenue Per Share 2.969 | 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.