Heritage Historical Balance Sheet

HERITGFOOD   471.20  8.15  1.76%   
Trend analysis of Heritage Foods Limited balance sheet accounts such as Other Current Liabilities of 1.5 B or Total Current Liabilities of 2.3 B provides information on Heritage Foods' total assets, liabilities, and equity, which is the actual value of Heritage Foods to its prevalent stockholders. By breaking down trends over time using Heritage Foods 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Heritage Foods 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 Foods is a good buy for the upcoming year.

Heritage Foods Inventory

1.5 Billion

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Foods Limited. 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 Foods at a specified time, usually calculated after every quarter, six months, or one year. Heritage Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heritage Foods 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 Foods Balance Sheet Chart

At this time, Heritage Foods' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Heritage Foods' current Net Debt is estimated to increase to about 902.5 M, while Total Current Liabilities is projected to decrease to roughly 2.3 B.

Total Assets

Total assets refers to the total amount of Heritage Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Heritage Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Heritage Foods 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 Foods Limited 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.
Most accounts from Heritage Foods' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Heritage Foods 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 Foods Limited. 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.
At this time, Heritage Foods' Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Heritage Foods' current Net Debt is estimated to increase to about 902.5 M, while Total Current Liabilities is projected to decrease to roughly 2.3 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total192.5M1.7B1.3B1.7B
Total Assets9.0B11.3B12.8B8.1B

Heritage Foods balance sheet Correlations

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0.65-0.70.660.40.210.980.560.7-0.530.2-0.030.780.03-0.65-0.560.830.180.160.660.390.230.120.840.050.81
-0.42-0.7-0.3-0.18-0.1-0.78-0.12-0.450.350.25-0.36-0.49-0.150.380.35-0.480.060.06-0.47-0.46-0.180.05-0.520.33-0.8
0.750.66-0.30.570.60.610.570.69-0.280.27-0.060.510.51-0.55-0.30.750.460.440.460.40.50.380.620.170.56
0.860.4-0.180.570.820.330.390.790.00.57-0.470.520.65-0.13-0.40.610.810.720.590.590.910.320.40.550.1
0.710.21-0.10.60.820.170.290.57-0.220.35-0.210.170.830.0-0.430.350.730.640.30.650.930.370.350.370.04
0.60.98-0.780.610.330.170.40.66-0.550.010.140.730.05-0.61-0.560.780.070.040.650.470.2-0.020.79-0.120.9
0.560.56-0.120.570.390.290.40.55-0.210.62-0.30.58-0.04-0.45-0.250.660.310.310.37-0.040.240.630.570.460.15
0.980.7-0.450.690.790.570.660.55-0.10.24-0.030.890.33-0.45-0.420.930.360.260.880.690.670.140.570.130.51
-0.1-0.530.35-0.280.0-0.22-0.55-0.21-0.10.06-0.12-0.070.040.30.52-0.160.020.07-0.15-0.34-0.020.11-0.630.13-0.4
0.330.20.250.270.570.350.010.620.240.06-0.920.210.190.0-0.160.270.790.790.11-0.250.390.70.230.98-0.3
-0.1-0.03-0.36-0.06-0.47-0.210.14-0.3-0.03-0.12-0.92-0.02-0.14-0.110.05-0.04-0.76-0.770.030.32-0.27-0.49-0.08-0.940.43
0.790.78-0.490.510.520.170.730.580.89-0.070.21-0.02-0.05-0.52-0.320.950.10.040.890.440.320.080.550.070.57
0.510.03-0.150.510.650.830.05-0.040.330.040.19-0.14-0.050.09-0.110.150.720.70.070.450.830.390.090.270.1
-0.38-0.650.38-0.55-0.130.0-0.61-0.45-0.450.30.0-0.11-0.520.090.12-0.60.050.05-0.35-0.170.03-0.01-0.680.15-0.48
-0.43-0.560.35-0.3-0.4-0.43-0.56-0.25-0.420.52-0.160.05-0.32-0.110.12-0.36-0.23-0.13-0.26-0.49-0.40.02-0.71-0.11-0.36
0.880.83-0.480.750.610.350.780.660.93-0.160.27-0.040.950.15-0.6-0.360.250.190.850.480.430.20.640.120.64
0.510.180.060.460.810.730.070.310.360.020.79-0.760.10.720.05-0.230.250.980.130.150.760.610.260.82-0.13
0.420.160.060.440.720.640.040.310.260.070.79-0.770.040.70.05-0.130.190.980.030.020.670.660.20.83-0.13
0.790.66-0.470.460.590.30.650.370.88-0.150.110.030.890.07-0.35-0.260.850.130.030.650.41-0.10.40.00.52
0.680.39-0.460.40.590.650.47-0.040.69-0.34-0.250.320.440.45-0.17-0.490.480.150.020.650.65-0.340.39-0.280.42
0.790.23-0.180.50.910.930.20.240.67-0.020.39-0.270.320.830.03-0.40.430.760.670.410.650.360.290.420.06
0.290.120.050.380.320.37-0.020.630.140.110.7-0.490.080.39-0.010.020.20.610.66-0.1-0.340.360.180.69-0.11
0.550.84-0.520.620.40.350.790.570.57-0.630.23-0.080.550.09-0.68-0.710.640.260.20.40.390.290.180.090.55
0.240.050.330.170.550.37-0.120.460.130.130.98-0.940.070.270.15-0.110.120.820.830.0-0.280.420.690.09-0.4
0.450.81-0.80.560.10.040.90.150.51-0.4-0.30.430.570.1-0.48-0.360.64-0.13-0.130.520.420.06-0.110.55-0.4
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Heritage Foods Account Relationship Matchups

Heritage Foods balance sheet Accounts

201920202021202220232024 (projected)
Total Assets9.9B8.8B9.0B11.3B12.8B8.1B
Short Long Term Debt Total3.1B684.2M192.5M1.7B1.3B1.7B
Total Current Liabilities3.2B2.1B1.8B3.1B3.1B2.3B
Total Stockholder Equity4.6B6.0B6.6B7.3B8.1B8.5B
Property Plant And Equipment Net5.4B5.9B5.8B6.3B7.2B4.1B
Net Debt2.6B467.1M(138.6M)1.5B536.6M902.5M
Cash558.3M217.1M331.1M163.4M785.1M447.4M
Non Current Assets Total7.2B6.2B6.1B6.7B7.6B5.6B
Non Currrent Assets Other(7.0B)21.9M3.8M49.9M178.1M187.0M
Cash And Short Term Investments565.4M217.2M341.8M247.2M2.1B2.2B
Liabilities And Stockholders Equity9.9B8.8B9.0B11.3B12.8B8.1B
Non Current Liabilities Total2.1B742.7M624.5M845.6M1.6B1.9B
Inventory1.4B2.0B2.1B3.8B2.6B1.5B
Other Current Assets17.2M230.7M311.2M225.5M247.4M179.6M
Other Stockholder Equity(4.2B)378.4M1.2B368.6M331.8M315.2M
Total Liab5.3B2.8B2.5B4.0B4.7B4.2B
Total Current Assets2.7B2.6B2.9B4.5B5.2B5.5B
Accumulated Other Comprehensive Income(1.0B)867.1M867.2M867.3M867.5M910.8M
Intangible Assets76.9M64.7M50.8M40.9M34.4M59.4M
Current Deferred Revenue1.2B1.4B1.2B1.1B113.3M107.6M
Retained Earnings3.1B4.5B5.1B6.4B6.4B3.6B
Accounts Payable599.5M354.6M518.7M770.5M1.4B775.9M
Net Receivables657.6M152.2M188.9M280.1M287.1M344.0M
Short Term Investments7.1M70K10.7M83.8M1.3B1.4B
Short Term Debt1.4B321.4M65.9M1.3B226.3M215.0M
Other Liab309.5M380.0M497.8M513.6M590.6M561.1M
Net Tangible Assets4.5B5.9B6.5B7.2B8.3B5.7B
Other Assets146.7M122.4M112.1M6.3M5.7M5.4M
Long Term Debt1.7B340.4M79.5M45.0M751.5M605.3M
Short Long Term Debt1.3B19.4M37.6M1.3B176.8M167.9M
Property Plant Equipment5.4B5.9B5.8B6.3B7.3B4.9B
Long Term Debt Total1.8B362.8M126.7M332M298.8M283.9M
Non Current Liabilities Other876K765K629K(100K)(90K)(85.5K)
Capital Lease Obligations65.5M44.9M75.4M336.1M393.4M413.1M
Net Invested Capital7.7B6.0B6.7B8.6B9.0B6.8B
Net Working Capital(510.1M)515.3M1.1B1.4B2.2B2.3B

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Other Information on Investing in Heritage Stock

Balance Sheet is a snapshot of the financial position of Heritage Foods at a specified time, usually calculated after every quarter, six months, or one year. Heritage Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Heritage Foods 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.