Heartland Short Term Debt vs Capital Surpluse Analysis

HTLD Stock

USD 11.48 0.12 1.06%

Heartland Express financial indicator trend analysis is much more than just examining Heartland Express latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heartland Express is a good investment. Please check the relationship between Heartland Express Short Term Debt and its Capital Surpluse accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. 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 economic analysis.

For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heartland Express Short Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Heartland Express' Short Term Debt and Capital Surpluse is 0.13. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Heartland Express, assuming nothing else is changed. The correlation between historical values of Heartland Express' Short Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Heartland Express are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Short Term Debt i.e., Heartland Express' Short Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Capital Surpluse

Most indicators from Heartland Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heartland Express 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 Heartland Express. 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 economic analysis.

For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.At present, Heartland Express' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.4 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 5.26.

	2021	2022	2023	2024 (projected)
Gross Profit	114.6M	401.9M	78.2M	146.9M
Total Revenue	607.3M	968.0M	1.2B	1.3B

Gross Profit Total Revenue

Heartland Express fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Accounts Payable	Intangible Assets	Inventory	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.69	0.69	0.82	0.94	0.99	0.74	0.93	-0.13	0.99	-0.13	0.88	-0.69	0.91	0.94	-0.56	0.93	0.97	0.5	0.22	0.18	0.69	0.92	-0.03	-0.55	-0.64
Short Long Term Debt Total	0.69		0.21	0.57	0.57	0.66	0.65	0.58	-0.07	0.68	-0.07	0.62	-0.3	0.72	0.58	-0.71	0.72	0.78	0.34	0.63	0.3	0.73	0.75	-0.05	-0.16	-0.24
Other Current Liab	0.69	0.21		0.8	0.72	0.68	0.26	0.68	0.07	0.64	0.07	0.73	-0.89	0.52	0.58	-0.08	0.56	0.54	0.66	0.19	0.36	0.39	0.41	0.32	-0.87	-0.85
Total Current Liabilities	0.82	0.57	0.8		0.72	0.82	0.64	0.7	-0.13	0.8	-0.13	0.85	-0.66	0.79	0.74	-0.37	0.81	0.74	0.52	0.36	0.3	0.67	0.71	0.05	-0.55	-0.55
Total Stockholder Equity	0.94	0.57	0.72	0.72		0.91	0.49	1.0	0.09	0.92	0.09	0.73	-0.78	0.72	0.86	-0.54	0.74	0.87	0.59	0.06	0.2	0.51	0.78	-0.15	-0.63	-0.7
Property Plant And Equipment Net	0.99	0.66	0.68	0.82	0.91		0.79	0.89	-0.25	1.0	-0.25	0.91	-0.65	0.93	0.94	-0.53	0.94	0.97	0.41	0.21	0.23	0.67	0.93	0.02	-0.52	-0.61
Net Debt	0.74	0.65	0.26	0.64	0.49	0.79		0.47	-0.66	0.8	-0.66	0.81	-0.12	0.92	0.78	-0.44	0.91	0.83	-0.09	0.3	0.13	0.69	0.91	0.05	-0.01	-0.12
Retained Earnings	0.93	0.58	0.68	0.7	1.0	0.89	0.47		0.13	0.9	0.13	0.69	-0.77	0.7	0.85	-0.57	0.73	0.86	0.6	0.04	0.17	0.5	0.77	-0.19	-0.61	-0.68
Cash	-0.13	-0.07	0.07	-0.13	0.09	-0.25	-0.66	0.13		-0.24	1.0	-0.39	-0.37	-0.38	-0.25	-0.06	-0.36	-0.26	0.71	-0.04	-0.29	-0.08	-0.35	-0.2	-0.37	-0.3
Non Current Assets Total	0.99	0.68	0.64	0.8	0.92	1.0	0.8	0.9	-0.24		-0.24	0.89	-0.62	0.93	0.95	-0.56	0.94	0.98	0.39	0.19	0.2	0.68	0.95	-0.04	-0.47	-0.57
Cash And Short Term Investments	-0.13	-0.07	0.07	-0.13	0.09	-0.25	-0.66	0.13	1.0	-0.24		-0.39	-0.37	-0.38	-0.25	-0.06	-0.36	-0.26	0.71	-0.04	-0.29	-0.08	-0.35	-0.2	-0.37	-0.3
Net Receivables	0.88	0.62	0.73	0.85	0.73	0.91	0.81	0.69	-0.39	0.89	-0.39		-0.61	0.92	0.82	-0.33	0.93	0.86	0.36	0.44	0.34	0.69	0.83	0.3	-0.55	-0.61
Common Stock Shares Outstanding	-0.69	-0.3	-0.89	-0.66	-0.78	-0.65	-0.12	-0.77	-0.37	-0.62	-0.37	-0.61		-0.46	-0.54	0.27	-0.5	-0.54	-0.85	-0.22	-0.19	-0.37	-0.4	-0.23	0.97	0.97
Non Current Liabilities Total	0.91	0.72	0.52	0.79	0.72	0.93	0.92	0.7	-0.38	0.93	-0.38	0.92	-0.46		0.88	-0.5	1.0	0.93	0.29	0.37	0.12	0.8	0.96	0.12	-0.35	-0.45
Other Current Assets	0.94	0.58	0.58	0.74	0.86	0.94	0.78	0.85	-0.25	0.95	-0.25	0.82	-0.54	0.88		-0.44	0.9	0.94	0.32	0.04	0.11	0.6	0.92	-0.16	-0.38	-0.49
Other Stockholder Equity	-0.56	-0.71	-0.08	-0.37	-0.54	-0.53	-0.44	-0.57	-0.06	-0.56	-0.06	-0.33	0.27	-0.5	-0.44		-0.5	-0.61	-0.24	-0.34	0.04	-0.56	-0.62	0.24	0.11	0.18
Total Liab	0.93	0.72	0.56	0.81	0.74	0.94	0.91	0.73	-0.36	0.94	-0.36	0.93	-0.5	1.0	0.9	-0.5		0.94	0.32	0.36	0.14	0.8	0.96	0.11	-0.39	-0.48
Property Plant And Equipment Gross	0.97	0.78	0.54	0.74	0.87	0.97	0.83	0.86	-0.26	0.98	-0.26	0.86	-0.54	0.93	0.94	-0.61	0.94		0.34	0.27	0.19	0.7	0.97	-0.03	-0.4	-0.51
Total Current Assets	0.5	0.34	0.66	0.52	0.59	0.41	-0.09	0.6	0.71	0.39	0.71	0.36	-0.85	0.29	0.32	-0.24	0.32	0.34		0.31	-0.01	0.43	0.22	0.11	-0.82	-0.79
Short Term Debt	0.22	0.63	0.19	0.36	0.06	0.21	0.3	0.04	-0.04	0.19	-0.04	0.44	-0.22	0.37	0.04	-0.34	0.36	0.27	0.31		0.28	0.55	0.25	0.51	-0.26	-0.26
Non Currrent Assets Other	0.18	0.3	0.36	0.3	0.2	0.23	0.13	0.17	-0.29	0.2	-0.29	0.34	-0.19	0.12	0.11	0.04	0.14	0.19	-0.01	0.28		-0.04	0.06	0.23	-0.17	-0.14
Accounts Payable	0.69	0.73	0.39	0.67	0.51	0.67	0.69	0.5	-0.08	0.68	-0.08	0.69	-0.37	0.8	0.6	-0.56	0.8	0.7	0.43	0.55	-0.04		0.74	0.17	-0.31	-0.36
Intangible Assets	0.92	0.75	0.41	0.71	0.78	0.93	0.91	0.77	-0.35	0.95	-0.35	0.83	-0.4	0.96	0.92	-0.62	0.96	0.97	0.22	0.25	0.06	0.74		-0.08	-0.24	-0.37
Inventory	-0.03	-0.05	0.32	0.05	-0.15	0.02	0.05	-0.19	-0.2	-0.04	-0.2	0.3	-0.23	0.12	-0.16	0.24	0.11	-0.03	0.11	0.51	0.23	0.17	-0.08		-0.44	-0.43
Current Deferred Revenue	-0.55	-0.16	-0.87	-0.55	-0.63	-0.52	-0.01	-0.61	-0.37	-0.47	-0.37	-0.55	0.97	-0.35	-0.38	0.11	-0.39	-0.4	-0.82	-0.26	-0.17	-0.31	-0.24	-0.44		0.98
Common Stock Total Equity	-0.64	-0.24	-0.85	-0.55	-0.7	-0.61	-0.12	-0.68	-0.3	-0.57	-0.3	-0.61	0.97	-0.45	-0.49	0.18	-0.48	-0.51	-0.79	-0.26	-0.14	-0.36	-0.37	-0.43	0.98

Click cells to compare fundamentals

Heartland Express Account Relationship Matchups

Heartland Express fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	898.9M	951.2M	928.5M	1.7B	1.5B	1.6B
Other Current Liab	52.3M	58.3M	51.1M	66.9M	67.1M	49.1M
Total Current Liabilities	63.4M	71.0M	71.6M	156.8M	123.5M	62.5M
Total Stockholder Equity	684.7M	724.3M	727.1M	855.5M	865.3M	908.5M
Property Plant And Equipment Net	526.3M	539.3M	487.9M	994.2M	902.8M	947.9M
Net Debt	(76.7M)	(113.9M)	(157.7M)	384.5M	289.0M	303.4M
Retained Earnings	826.7M	891.0M	924.4M	1.1B	1.1B	1.1B
Cash	76.7M	113.9M	157.7M	49.5M	28.5M	27.0M
Non Current Assets Total	747.1M	758.2M	695.3M	1.4B	1.3B	1.4B
Cash And Short Term Investments	76.7M	113.9M	157.7M	49.5M	28.5M	27.0M
Net Receivables	57.1M	55.6M	56.9M	143.0M	112.9M	118.5M
Common Stock Shares Outstanding	82.0M	81.4M	79.6M	79.0M	79.1M	81.3M
Liabilities And Stockholders Equity	898.9M	951.2M	928.5M	1.7B	1.5B	1.6B
Non Current Liabilities Total	150.9M	155.8M	129.8M	657.3M	520.9M	547.0M
Other Current Assets	8.9M	15.3M	9.4M	26.1M	27.9M	29.3M
Other Stockholder Equity	(142.9M)	(167.5M)	(198.2M)	(197.1M)	(195.7M)	(186.0M)
Total Liab	214.3M	226.8M	201.4M	814.0M	644.4M	676.6M
Property Plant And Equipment Gross	526.3M	539.3M	710.8M	1.3B	1.3B	1.4B
Total Current Assets	151.8M	193.0M	233.2M	229.8M	169.3M	169.0M
Non Currrent Assets Other	1.6M	1.5M	16.8M	5.6M	2.2M	2.4M
Accounts Payable	11.1M	12.8M	20.5M	62.7M	37.8M	39.7M
Intangible Assets	27.1M	24.7M	22.4M	101.9M	98.5M	103.4M
Inventory	9.1M	8.2M	9.2M	11.3M	13.0M	17.7M
Other Assets	25.4M	25.8M	16.8M	21.1M	24.3M	12.7M
Property Plant Equipment	526.3M	539.3M	487.9M	973.3M	1.1B	1.2B
Good Will	135.2M	132.4M	168.3M	322.5M	322.6M	338.7M
Other Liab	150.9M	155.8M	129.8M	249.2M	286.6M	301.0M
Net Tangible Assets	489.2M	531.3M	536.5M	431.1M	495.8M	441.9M
Retained Earnings Total Equity	826.7M	891.0M	924.4M	1.1B	1.2B	710.3M
Capital Surpluse	3.5M	4.1M	4.3M	4.2M	4.8M	3.8M
Deferred Long Term Liab	93.7M	104.0M	90.0M	207.5M	238.6M	250.6M

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 Architect

When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:

How To Invest In Heartland

Details

Is Heartland Stock a good investment?

Details

What is Heartland Express' Net Worth?

Details

Largest Transportation Companies

View

Largest Industrials Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. 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 economic analysis.

For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Heartland Stock analysis

When running Heartland Express' price analysis, check to measure Heartland Express' 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 Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.

	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	CEOs Directory Screen CEOs from public companies around the world
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios

Is Heartland Express' 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 Heartland Express. If investors know Heartland 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 Heartland Express 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

(0.66)

Dividend Share

0.08

Earnings Share

(0.16)

Revenue Per Share

14.513

Quarterly Revenue Growth

(0.18)

The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' 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 Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' 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 Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Heartland Short Term Debt vs Capital Surpluse Analysis

Short Term Debt vs Capital Surpluse

Short Term Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Short Term Debt

Capital Surpluse

Heartland Express fundamental ratios Correlations

Heartland Express Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heartland Express fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Heartland Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.89	Other Current Liab
Current Deferred Revenue	- 0.87	Other Current Liab
Total Current Assets	- 0.85	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.85	Other Current Liab
Current Deferred Revenue	- 0.82	Total Current Assets
Common Stock Total Equity	- 0.79	Total Current Assets