Heritage Net Tangible Assets from 2010 to 2024

HFWA Stock  USD 26.78  0.28  1.06%   
Heritage Financial's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 433.9 M. Net Tangible Assets is the total assets of Heritage Financial minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
572.8 M
Current Value
567.2 M
Quarterly Volatility
150.2 M
 
Yuan Drop
 
Covid
Check Heritage Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Interest Expense of 62.3 M or Selling General Administrative of 108.6 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0235 or PTB Ratio of 1.46. Heritage financial statements analysis is a perfect complement when working with Heritage Financial Valuation or Volatility modules.
  
Check out the analysis of Heritage Financial Correlation against competitors.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.

Latest Heritage Financial's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Heritage Financial over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Heritage Financial's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Financial's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Heritage Net Tangible Assets Regression Statistics

Arithmetic Mean399,171,547
Geometric Mean363,835,950
Coefficient Of Variation40.91
Mean Deviation138,996,317
Median383,188,000
Standard Deviation163,282,938
Sample Variance26661.3T
Range447.4M
R-Value0.90
Mean Square Error5588.8T
R-Squared0.81
Slope32,765,609
Total Sum of Squares373258.5T

Heritage Net Tangible Assets History

2024433.9 M
2023632.2 M
2022549.7 M
2021603.5 M
2020566.4 M
2019551.8 M
2018499.2 M

About Heritage Financial Financial Statements

Heritage Financial stakeholders use historical fundamental indicators, such as Heritage Financial's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Heritage Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heritage Financial's assets and liabilities are reflected in the revenues and expenses on Heritage Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Heritage Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets632.2 M433.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Heritage Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heritage Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heritage Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heritage Financial Stock:
Check out the analysis of Heritage Financial Correlation against competitors.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks space 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 Financial. 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 Financial 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
(0.35)
Dividend Share
0.91
Earnings Share
1.08
Revenue Per Share
5.885
Quarterly Revenue Growth
(0.17)
The market value of Heritage Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial'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 Financial's market value can be influenced by many factors that don't directly affect Heritage Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial'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.