Heritage Property Plant Equipment from 2010 to 2024

HRTG Stock  USD 12.39  0.09  0.73%   
Heritage Insurance's Property Plant Equipment is increasing over the last several years with slightly volatile swings. Property Plant Equipment is predicted to flatten to about 21.6 M. During the period from 2010 to 2024 Heritage Insurance Hldgs Property Plant Equipment regressed destribution of quarterly values had coefficient of variationof  67.56 and r-value of  0.82. View All Fundamentals
 
Property Plant Equipment  
First Reported
2012-12-31
Previous Quarter
57 M
Current Value
57.8 M
Quarterly Volatility
13.3 M
 
Yuan Drop
 
Covid
Check Heritage Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Insurance's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Selling General Administrative of 64.9 M or Total Revenue of 476 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 1.0E-4 or PTB Ratio of 0.74. Heritage financial statements analysis is a perfect complement when working with Heritage Insurance Valuation or Volatility modules.
  
Check out the analysis of Heritage Insurance Correlation against competitors.

Latest Heritage Insurance's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Heritage Insurance Hldgs over the last few years. It is Heritage Insurance's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Insurance's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Heritage Property Plant Equipment Regression Statistics

Arithmetic Mean17,857,690
Geometric Mean8,264,405
Coefficient Of Variation67.56
Mean Deviation8,278,511
Median17,998,000
Standard Deviation12,063,933
Sample Variance145.5T
Range45M
R-Value0.82
Mean Square Error52.1T
R-Squared0.67
Significance0.0002
Slope2,203,911
Total Sum of Squares2037.5T

Heritage Property Plant Equipment History

202421.6 M
202329.6 M
202225.7 M
202145.2 M
202018.7 M
201927.4 M
201818 M

About Heritage Insurance Financial Statements

Heritage Insurance stakeholders use historical fundamental indicators, such as Heritage Insurance's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Heritage Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heritage Insurance's assets and liabilities are reflected in the revenues and expenses on Heritage Insurance'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 Insurance Hldgs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant Equipment29.6 M21.6 M

Currently Active Assets on Macroaxis

When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's 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 Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out the analysis of Heritage Insurance Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Property & Casualty Insurance 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 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
1.033
Earnings Share
2.53
Revenue Per Share
26.755
Quarterly Revenue Growth
0.137
Return On Assets
0.0259
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.