Heritage Historical Balance Sheet

HRTG Stock

USD 12.43 0.07 0.57%

Trend analysis of Heritage Insurance Hldgs balance sheet accounts such as Total Current Liabilities of 612.8 M or Total Stockholder Equity of 317.9 M provides information on Heritage Insurance's total assets, liabilities, and equity, which is the actual value of Heritage Insurance Hldgs to its prevalent stockholders. By breaking down trends over time using Heritage Insurance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Heritage Insurance Hldgs latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Heritage Insurance Hldgs is a good buy for the upcoming year.

Heritage Insurance Inventory

(580.79 Million)

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Heritage Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Heritage Insurance Hldgs at a specified time, usually calculated after every quarter, six months, or one year. Heritage Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heritage Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Heritage currently owns. An asset can also be divided into two categories, current and non-current.

Heritage Insurance Balance Sheet Chart

At this time, Heritage Insurance's Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The Heritage Insurance's current Non Current Assets Total is estimated to increase to about 1.7 B, while Short and Long Term Debt Total is projected to decrease to roughly 142.8 M.

Total Current Liabilities Total Stockholder Equity Long Term Debt Cash And Short Term Investments Net Receivables Total Current Assets

Add Fundamental

Total Current Liabilities

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. 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Heritage Insurance Hldgs has held for over one year. Long-term debt appears on Heritage Insurance Hldgs balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Heritage Insurance Hldgs balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Heritage Insurance Hldgs balance sheet. This account contains Heritage Insurance investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Heritage Insurance Hldgs fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most accounts from Heritage Insurance's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Heritage Insurance Hldgs current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	151.9M	170.2M	148.2M	142.8M
Total Assets	2.0B	2.4B	2.2B	1.6B

Short Long Term Debt Total Total Assets

Heritage Insurance balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment
Total Assets		0.93	-0.77	0.55	0.67	0.44	0.75	-0.43	0.46	0.87	0.84	0.62	0.18	0.28	0.78	0.87	0.78	-0.75	-0.41	0.68	0.51	0.99	0.84	0.73	-0.75	0.82
Short Long Term Debt Total	0.93		-0.65	0.49	0.69	0.45	0.71	-0.3	0.47	0.7	0.7	0.59	0.14	0.27	0.79	0.83	0.73	-0.67	-0.52	0.67	0.47	0.9	0.87	0.7	-0.67	0.8
Other Current Liab	-0.77	-0.65		-0.53	-0.51	-0.48	-0.65	0.51	-0.36	-0.89	-0.77	-0.57	-0.2	0.04	-0.56	-0.79	-0.59	0.52	0.24	-0.59	-0.28	-0.77	-0.59	-0.76	0.52	-0.85
Total Current Liabilities	0.55	0.49	-0.53		0.36	0.05	0.74	-0.73	0.07	0.57	0.69	0.98	0.89	-0.33	0.09	0.35	0.02	-0.4	-0.61	-0.08	0.57	0.54	0.47	0.46	-0.4	0.53
Total Stockholder Equity	0.67	0.69	-0.51	0.36		0.57	0.29	-0.34	0.91	0.59	0.57	0.43	-0.01	-0.19	0.64	0.83	0.38	-0.77	-0.15	0.74	-0.05	0.54	0.81	0.91	-0.77	0.62
Other Liab	0.44	0.45	-0.48	0.05	0.57		-0.01	-0.09	0.66	0.35	0.4	0.14	-0.22	-0.18	0.68	0.57	0.38	-0.35	-0.01	0.59	-0.36	0.37	0.33	0.69	-0.35	0.37
Property Plant And Equipment Net	0.75	0.71	-0.65	0.74	0.29	-0.01		-0.6	-0.08	0.63	0.71	0.74	0.55	0.29	0.28	0.58	0.4	-0.56	-0.67	0.23	0.86	0.78	0.66	0.35	-0.56	0.77
Net Debt	-0.43	-0.3	0.51	-0.73	-0.34	-0.09	-0.6		-0.09	-0.58	-0.81	-0.69	-0.64	0.28	0.12	-0.39	0.01	0.43	0.37	0.02	-0.49	-0.42	-0.45	-0.43	0.43	-0.47
Retained Earnings	0.46	0.47	-0.36	0.07	0.91	0.66	-0.08	-0.09		0.43	0.35	0.14	-0.28	-0.28	0.62	0.67	0.31	-0.56	0.21	0.75	-0.41	0.32	0.6	0.83	-0.56	0.41
Accounts Payable	0.87	0.7	-0.89	0.57	0.59	0.35	0.63	-0.58	0.43		0.85	0.6	0.22	0.06	0.58	0.81	0.69	-0.6	-0.25	0.6	0.4	0.86	0.69	0.77	-0.6	0.74
Cash	0.84	0.7	-0.77	0.69	0.57	0.4	0.71	-0.81	0.35	0.85		0.72	0.43	-0.04	0.42	0.71	0.46	-0.67	-0.35	0.41	0.48	0.83	0.73	0.69	-0.67	0.76
Non Current Assets Total	0.62	0.59	-0.57	0.98	0.43	0.14	0.74	-0.69	0.14	0.6	0.72		0.85	-0.32	0.21	0.41	0.12	-0.43	-0.63	-0.01	0.54	0.61	0.52	0.54	-0.43	0.58
Non Currrent Assets Other	0.18	0.14	-0.2	0.89	-0.01	-0.22	0.55	-0.64	-0.28	0.22	0.43	0.85		-0.41	-0.28	-0.09	-0.29	-0.07	-0.58	-0.52	0.53	0.21	0.09	0.08	-0.07	0.18
Other Assets	0.28	0.27	0.04	-0.33	-0.19	-0.18	0.29	0.28	-0.28	0.06	-0.04	-0.32	-0.41		0.31	0.2	0.59	-0.18	-0.15	0.3	0.5	0.35	0.15	-0.29	-0.18	0.06
Long Term Debt	0.78	0.79	-0.56	0.09	0.64	0.68	0.28	0.12	0.62	0.58	0.42	0.21	-0.28	0.31		0.77	0.85	-0.56	-0.15	0.82	0.02	0.75	0.59	0.69	-0.56	0.56
Cash And Short Term Investments	0.87	0.83	-0.79	0.35	0.83	0.57	0.58	-0.39	0.67	0.81	0.71	0.41	-0.09	0.2	0.77		0.72	-0.8	-0.27	0.88	0.25	0.81	0.85	0.86	-0.8	0.82
Net Receivables	0.78	0.73	-0.59	0.02	0.38	0.38	0.4	0.01	0.31	0.69	0.46	0.12	-0.29	0.59	0.85	0.72		-0.47	-0.19	0.73	0.3	0.8	0.52	0.49	-0.47	0.51
Common Stock Total Equity	-0.75	-0.67	0.52	-0.4	-0.77	-0.35	-0.56	0.43	-0.56	-0.6	-0.67	-0.43	-0.07	-0.18	-0.56	-0.8	-0.47		0.37	-0.65	-0.31	-0.68	-0.77	-0.66	1.0	-0.66
Common Stock Shares Outstanding	-0.41	-0.52	0.24	-0.61	-0.15	-0.01	-0.67	0.37	0.21	-0.25	-0.35	-0.63	-0.58	-0.15	-0.15	-0.27	-0.19	0.37		0.08	-0.66	-0.43	-0.34	-0.16	0.37	-0.3
Short Term Investments	0.68	0.67	-0.59	-0.08	0.74	0.59	0.23	0.02	0.75	0.6	0.41	-0.01	-0.52	0.3	0.82	0.88	0.73	-0.65	0.08		-0.07	0.61	0.71	0.72	-0.65	0.65
Non Current Liabilities Total	0.51	0.47	-0.28	0.57	-0.05	-0.36	0.86	-0.49	-0.41	0.4	0.48	0.54	0.53	0.5	0.02	0.25	0.3	-0.31	-0.66	-0.07		0.58	0.4	-0.06	-0.31	0.39
Total Liab	0.99	0.9	-0.77	0.54	0.54	0.37	0.78	-0.42	0.32	0.86	0.83	0.61	0.21	0.35	0.75	0.81	0.8	-0.68	-0.43	0.61	0.58		0.78	0.63	-0.68	0.8
Property Plant And Equipment Gross	0.84	0.87	-0.59	0.47	0.81	0.33	0.66	-0.45	0.6	0.69	0.73	0.52	0.09	0.15	0.59	0.85	0.52	-0.77	-0.34	0.71	0.4	0.78		0.72	-0.77	0.84
Total Current Assets	0.73	0.7	-0.76	0.46	0.91	0.69	0.35	-0.43	0.83	0.77	0.69	0.54	0.08	-0.29	0.69	0.86	0.49	-0.66	-0.16	0.72	-0.06	0.63	0.72		-0.66	0.71
Common Stock	-0.75	-0.67	0.52	-0.4	-0.77	-0.35	-0.56	0.43	-0.56	-0.6	-0.67	-0.43	-0.07	-0.18	-0.56	-0.8	-0.47	1.0	0.37	-0.65	-0.31	-0.68	-0.77	-0.66		-0.66
Property Plant Equipment	0.82	0.8	-0.85	0.53	0.62	0.37	0.77	-0.47	0.41	0.74	0.76	0.58	0.18	0.06	0.56	0.82	0.51	-0.66	-0.3	0.65	0.39	0.8	0.84	0.71	-0.66

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Heritage Insurance Account Relationship Matchups

Heritage Insurance balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.1B	2.0B	2.4B	2.2B	1.6B
Short Long Term Debt Total	139.6M	131.0M	151.9M	170.2M	148.2M	142.8M
Other Current Liab	(237.4M)	(261.0M)	(462.1M)	(245.3M)	(177.5M)	(186.4M)
Total Current Liabilities	237.4M	261.0M	263.3M	16.8M	583.6M	612.8M
Total Stockholder Equity	448.8M	442.3M	343.1M	131.0M	220.3M	317.9M
Other Liab	13.0M	677.8M	599.6M	229K	263.4K	250.2K
Property Plant And Equipment Net	20.8M	18.7M	45.2M	53.2M	57.7M	60.5M
Net Debt	(139.1M)	(320.0M)	(207.4M)	(110.7M)	(315.4M)	(299.7M)
Retained Earnings	217.3M	219.8M	138.4M	(19.2M)	26.1M	24.8M
Accounts Payable	227.4M	251.0M	201.8M	217.5M	176.0M	136.8M
Cash	268.4M	441.0M	359.3M	280.9M	463.6M	262.3M
Non Current Assets Total	829.1M	796.0M	863.8M	102.8M	1.6B	1.7B
Non Currrent Assets Other	(12.6M)	(18.5M)	(9.4M)	(653.9M)	1.5B	1.6B
Other Assets	(240.8M)	(173.4M)	(264.8M)	1.9B	(45.8M)	(43.5M)
Long Term Debt	119.2M	121.0M	120.8M	128.9M	30.1M	28.6M
Cash And Short Term Investments	855.6M	1.0B	1.0B	916.5M	463.6M	722.2M
Net Receivables	495.8M	464.7M	353.1M	909.9M	89.5M	85.0M
Common Stock Shares Outstanding	29.2M	28.0M	27.8M	26.3M	26.3M	22.3M
Short Term Investments	587.3M	561.0M	669.4M	635.6M	89.5M	85.1M
Liabilities And Stockholders Equity	1.9B	2.1B	2.0B	2.4B	2.2B	1.6B
Non Current Liabilities Total	179.3M	179.5M	201.8M	2.2B	1.9B	2.0B
Total Liab	1.5B	1.6B	1.6B	2.3B	1.9B	1.2B
Property Plant And Equipment Gross	18.7M	18.0M	20.8M	18.7M	21.5M	17.0M
Total Current Assets	1.4B	1.5B	1.4B	373.6M	558.1M	844.6M
Property Plant Equipment	27.4M	18.7M	45.2M	25.7M	29.6M	21.6M
Accumulated Other Comprehensive Income	7.3M	6.1M	(4.6M)	(53.6M)	(35.3M)	(33.5M)
Net Tangible Assets	227.7M	227.6M	195.2M	81.5M	73.3M	69.7M
Retained Earnings Total Equity	217.3M	219.8M	138.4M	(19.2M)	(17.3M)	(16.4M)
Capital Surpluse	329.6M	331.9M	332.8M	334.7M	384.9M	311.1M
Other Current Assets	418.4M	629.9M	495.8M	512.1M	5.0M	4.7M
Other Stockholder Equity	224.2M	216.5M	209.2M	203.8M	229.4M	230.8M
Deferred Long Term Liab	7.7M	12.6M	18.5M	9.4M	10.8M	11.8M
Long Term Investments	588.9M	591.8M	697.9M	637.1M	569.4M	570.2M
Treasury Stock	(105.4M)	(115.4M)	(123.6M)	(130.9M)	(117.8M)	(123.7M)
Non Current Liabilities Other	1.3B	1.5B	1.5B	2.1B	2.4B	1.2B
Intangible Assets	68.6M	62.3M	55.9M	49.6M	42.6M	56.2M

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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:

How To Invest In Heritage

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Is Heritage Stock a good investment?

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What is Heritage Insurance's Net Worth?

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Largest Property & Casualty Insurance Companies

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Largest Insurance - Property & Casualty Companies

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You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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.

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Heritage Historical Balance Sheet

Heritage Insurance Inventory

(580.79 Million)

About Heritage Balance Sheet Analysis

Heritage Insurance Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

Long Term Debt

Cash And Short Term Investments

Total Current Assets

Heritage Insurance balance sheet Correlations

Heritage Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heritage Insurance balance sheet Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Total Current Liabilities
Short Long Term Debt Total	+ 0.93	Total Assets
Retained Earnings	+ 0.91	Total Stockholder Equity
Total Current Assets	+ 0.91	Total Stockholder Equity

Accounts Payable	- 0.89	Other Current Liab
Property Plant Equipment	- 0.85	Other Current Liab
Cash	- 0.81	Net Debt
Common Stock	- 0.8	Cash And Short Term Investments
Common Stock Total Equity	- 0.8	Cash And Short Term Investments
Cash And Short Term Investments	- 0.79	Other Current Liab