Heritage Total Current Liabilities from 2010 to 2025

HRTG Stock  USD 11.64  0.02  0.17%   
Heritage Insurance's Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is predicted to flatten to about 31.7 M. Total Current Liabilities is the total amount of liabilities that Heritage Insurance Hldgs is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2013-12-31
Previous Quarter
836.4 M
Current Value
378.6 M
Quarterly Volatility
182 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 0.25, Dividend Yield of 1.0E-4 or PTB Ratio of 0.85. 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Heritage Insurance Hldgs over the last few years. Total Current Liabilities is an item on Heritage Insurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Heritage Insurance Hldgs are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Heritage Insurance's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Heritage Total Current Liabilities Regression Statistics

Arithmetic Mean78,345,944
Geometric Mean32,572,628
Coefficient Of Variation126.75
Mean Deviation82,743,535
Median29,591,000
Standard Deviation99,302,752
Sample Variance9861T
Range261.2M
R-Value0.31
Mean Square Error9544.1T
R-Squared0.1
Significance0.24
Slope6,484,722
Total Sum of Squares147915.5T

Heritage Total Current Liabilities History

202531.7 M
202433.3 M
202329 M
202216.8 M
2021263.3 M
2020261 M
2019237.4 M

About Heritage Insurance Financial Statements

Heritage Insurance stakeholders use historical fundamental indicators, such as Heritage Insurance's Total Current Liabilities, 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
Total Current Liabilities33.3 M31.7 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.