Heritage Total Liab vs Good Will Analysis

HFWA Stock  USD 26.78  0.28  1.06%   
Heritage Financial financial indicator trend analysis is much more than just examining Heritage Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heritage Financial is a good investment. Please check the relationship between Heritage Financial Total Liab and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.

Total Liab vs Good Will

Total Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Financial Total Liab account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Heritage Financial's Total Liab and Good Will is 0.4. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Heritage Financial, assuming nothing else is changed. The correlation between historical values of Heritage Financial's Total Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Heritage Financial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Liab i.e., Heritage Financial's Total Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Heritage Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heritage Financial 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 Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.At present, Heritage Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 14.9 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.30.
 2021 2022 2023 2024 (projected)
Interest Expense7.0M8.1M59.3M62.3M
Depreciation And Amortization8.4M8.2M5.6M5.2M

Heritage Financial fundamental ratios Correlations

0.240.93-0.460.930.470.970.80.390.990.750.990.790.93-0.930.970.780.970.48-0.540.86-0.230.490.95-0.10.99
0.240.23-0.060.020.130.220.52-0.410.220.40.220.490.18-0.20.180.430.21-0.33-0.240.39-0.1-0.20.280.30.18
0.930.23-0.490.890.50.890.730.30.890.750.910.710.84-0.850.910.750.870.38-0.470.79-0.420.390.87-0.140.92
-0.46-0.06-0.49-0.34-1.0-0.28-0.360.08-0.4-0.79-0.42-0.36-0.220.23-0.39-0.78-0.330.050.04-0.56-0.470.07-0.360.43-0.44
0.930.020.89-0.340.340.910.580.620.940.560.890.560.95-0.940.910.590.870.68-0.510.69-0.330.680.82-0.290.95
0.470.130.5-1.00.340.290.39-0.110.410.820.430.390.22-0.230.40.80.34-0.08-0.050.580.45-0.080.37-0.410.45
0.970.220.89-0.280.910.290.770.440.950.620.970.770.92-0.920.980.650.970.53-0.550.79-0.350.540.950.030.97
0.80.520.73-0.360.580.390.77-0.090.770.810.830.980.68-0.710.760.840.820.02-0.430.91-0.160.050.870.210.74
0.39-0.410.30.080.62-0.110.44-0.090.41-0.150.35-0.110.5-0.460.44-0.130.380.98-0.22-0.05-0.290.970.25-0.320.48
0.990.220.89-0.40.940.410.950.770.410.720.970.780.96-0.960.940.740.960.52-0.570.84-0.220.530.94-0.120.99
0.750.40.75-0.790.560.820.620.81-0.150.720.730.80.58-0.610.650.990.67-0.06-0.340.90.16-0.050.73-0.190.7
0.990.220.91-0.420.890.430.970.830.350.970.730.840.9-0.90.980.760.990.45-0.520.84-0.270.450.990.020.97
0.790.490.71-0.360.560.390.770.98-0.110.780.80.840.66-0.70.770.820.840.01-0.450.9-0.130.030.890.30.74
0.930.180.84-0.220.950.220.920.680.50.960.580.90.66-1.00.880.60.90.59-0.60.75-0.330.60.87-0.180.94
-0.93-0.2-0.850.23-0.94-0.23-0.92-0.71-0.46-0.96-0.61-0.9-0.7-1.0-0.87-0.63-0.9-0.560.6-0.780.32-0.57-0.880.17-0.94
0.970.180.91-0.390.910.40.980.760.440.940.650.980.770.88-0.870.690.960.53-0.50.79-0.320.540.950.020.97
0.780.430.75-0.780.590.80.650.84-0.130.740.990.760.820.6-0.630.690.7-0.04-0.340.930.17-0.020.75-0.170.73
0.970.210.87-0.330.870.340.970.820.380.960.670.990.840.9-0.90.960.70.48-0.550.8-0.30.480.990.080.96
0.48-0.330.380.050.68-0.080.530.020.980.52-0.060.450.010.59-0.560.53-0.040.48-0.340.05-0.320.990.36-0.290.57
-0.54-0.24-0.470.04-0.51-0.05-0.55-0.43-0.22-0.57-0.34-0.52-0.45-0.60.6-0.5-0.34-0.55-0.34-0.430.21-0.35-0.530.03-0.54
0.860.390.79-0.560.690.580.790.91-0.050.840.90.840.90.75-0.780.790.930.80.05-0.430.040.060.85-0.050.81
-0.23-0.1-0.42-0.47-0.330.45-0.35-0.16-0.29-0.220.16-0.27-0.13-0.330.32-0.320.17-0.3-0.320.210.04-0.34-0.27-0.29-0.24
0.49-0.20.390.070.68-0.080.540.050.970.53-0.050.450.030.6-0.570.54-0.020.480.99-0.350.06-0.340.35-0.270.58
0.950.280.87-0.360.820.370.950.870.250.940.730.990.890.87-0.880.950.750.990.36-0.530.85-0.270.350.130.93
-0.10.3-0.140.43-0.29-0.410.030.21-0.32-0.12-0.190.020.3-0.180.170.02-0.170.08-0.290.03-0.05-0.29-0.270.13-0.15
0.990.180.92-0.440.950.450.970.740.480.990.70.970.740.94-0.940.970.730.960.57-0.540.81-0.240.580.93-0.15
Click cells to compare fundamentals

Heritage Financial Account Relationship Matchups

Heritage Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.6B7.4B7.0B7.2B7.5B
Short Long Term Debt Total45.6M60.1M76.8M72.8M21.8M20.7M
Total Current Liabilities3.6B4.7B5.5B5.3B4.4B4.6B
Net Debt(208.0M)(722.4M)(1.7B)(82.1M)(203.2M)(213.4M)
Retained Earnings212.5M224.4M293.2M345.3M376.0M394.8M
Cash228.6M743.3M1.7B103.6M225.0M194.7M
Net Receivables14.4M19.4M14.7M18.5M19.5M20.5M
Common Stock Shares Outstanding37.0M36.2M36.0M35.5M35.3M20.1M
Liabilities And Stockholders Equity5.6B6.6B7.4B7.0B7.2B7.5B
Total Liab20.6M20.9M21.2M21.5M6.3B6.6B
Property Plant And Equipment Gross87.9M85.5M109.3M110.2M111.0M116.6M
Total Current Assets1.2B1.6B2.6B1.5B1.2B603.6M
Total Stockholder Equity809.3M820.4M854.4M797.9M853.3M895.9M
Property Plant And Equipment Net87.9M85.5M79.4M76.9M74.9M44.2M
Non Current Assets Total1.3B1.1B1.6B2.4B2.2B2.3B
Non Currrent Assets Other(1.3B)(1.1B)(1.6B)(2.4B)(2.2B)(2.1B)
Other Assets3.1B3.9B3.2B3.1B3.8B4.0B
Cash And Short Term Investments1.2B1.5B2.6B1.4B1.2B602.3M
Common Stock Total Equity586.5M571.0M551.8M552.4M635.3M667.0M
Non Current Liabilities Total20.6M20.9M21.2M21.5M6.3B6.6B
Other Stockholder Equity378K25.0M9.4M(99.9M)(89.9M)(85.4M)
Accumulated Other Comprehensive Income10.4M25.0M9.4M(99.9M)(72.5M)(68.9M)
Other Current Liab3.5B4.7B5.4B5.3B3.9B2.2B
Other Current Assets243.9M762.7M1.7B122.1M244.5M232.3M
Short Term Debt25.0M39.2M55.6M51.3M505.2M530.4M
Common Stock586.5M571.0M551.8M552.4M549.7M577.2M
Other Liab55.5M40.4M(25.5M)2.2M2.5M2.3M
Accounts Payable4.6B5.6B6.4B5.9B6.8B7.1B
Short Term Investments952.3M802.2M894.3M1.3B1.1B1.2B
Inventory(243.9M)(762.7M)(1.7B)(122.1M)(4.3B)(4.0B)
Intangible Assets16.6M13.1M10.0M7.2M4.8M7.7M
Property Plant Equipment87.9M85.5M79.4M76.9M88.5M44.7M
Long Term Debt20.6M20.9M21.2M21.5M21.8M18.7M
Net Tangible Assets551.8M566.4M603.5M549.7M632.2M433.9M
Retained Earnings Total Equity212.5M224.4M293.2M345.3M397.1M417.0M
Long Term Investments3.7B4.4B1.3B2.1B1.9B2.5B
Non Current Liabilities Other140.4M176.0M175.5M235.9M271.3M284.8M
Long Term Debt Total20.6M20.9M21.2M21.5M24.7M22.3M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.