Heritage Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Heritage Insurance Hldgs
HRTG Stock  USD 11.62  0.23  2.02%   
Heritage Insurance financial statements provide useful quarterly and yearly information to potential Heritage Insurance Hldgs investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heritage Insurance financial statements helps investors assess Heritage Insurance's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heritage Insurance's valuation are summarized below:
Gross Profit
179 M
Profit Margin
0.091
Market Capitalization
349.5 M
Enterprise Value Revenue
0.2115
Revenue
793.7 M
There are over one hundred nineteen available fundamental trends for Heritage Insurance Hldgs, which can be analyzed over time and compared to other ratios. Active traders should verify all of Heritage Insurance Hldgs regular fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. The Heritage Insurance's current Market Cap is estimated to increase to about 386.6 M, while Enterprise Value is forecasted to increase to (158 M).

Heritage Insurance Total Revenue

476.02 Million

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.

Heritage Insurance Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.6 B2.5 B1.3 B
Slightly volatile
Short and Long Term Debt Total142.8 M170.4 M106.4 M
Slightly volatile
Total Current Liabilities31.7 M33.3 M78.3 M
Slightly volatile
Total Stockholder Equity317.9 M253.3 M256 M
Slightly volatile
Other Liabilities250.2 K263.4 K166 M
Pretty Stable
Property Plant And Equipment Net69.6 M66.3 M26.9 M
Slightly volatile
Accounts Payable136.8 M202.4 M115.6 M
Slightly volatile
Cash559.8 M533.2 M255.2 M
Slightly volatile
Non Current Assets Total2 B1.9 B594 M
Slightly volatile
Cash And Short Term Investments730.4 M636.1 M593 M
Slightly volatile
Net Receivables97.8 M102.9 M218.8 M
Slightly volatile
Common Stock Total Equity2.6 K2.7 K10.2 M
Slightly volatile
Common Stock Shares Outstanding22.3 M23.6 M27.4 M
Slightly volatile
Short Term Investments97.8 M103 M333.3 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B2.5 B1.3 B
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B676 M
Slightly volatile
Total Liabilities1.2 B2.2 B1.1 B
Slightly volatile
Property Plant And Equipment Gross17 M21.5 M14.6 M
Slightly volatile
Total Current Assets844.6 M641.8 M678.4 M
Slightly volatile
Common Stock2.6 K2.7 K10.2 M
Slightly volatile
Property Plant Equipment21.6 M29.6 M18.3 M
Slightly volatile
Net Tangible Assets69.7 M73.3 M200.2 M
Slightly volatile
Capital Surpluse311.1 M384.9 M270.6 M
Slightly volatile
Other Stockholder Equity230.8 M263.8 M209.1 M
Slightly volatile
Long Term Investments570.2 M654.8 M401.2 M
Slightly volatile
Non Current Liabilities Other1.2 B2.4 B1.1 B
Slightly volatile
Intangible Assets56.2 M48.9 M44.6 M
Slightly volatile
Long Term Debt Total142.4 M148.3 M110.2 M
Slightly volatile
Short and Long Term Debt46.6 M80.7 M64.4 M
Pretty Stable
Short Term Debt12.6 M13.2 M49.3 M
Slightly volatile
Net Invested Capital382.1 M306 M498.8 M
Slightly volatile
Current Deferred Revenue1.3 M1.4 M134.4 M
Slightly volatile
Capital Stock2.4 K2.7 K2.9 K
Slightly volatile
Capital Lease Obligations23.6 M32.7 M14.9 M
Slightly volatile

Heritage Insurance Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative64.9 M89.4 M54.8 M
Slightly volatile
Total Revenue476 M845.8 M407.9 M
Slightly volatile
Gross Profit476 M845.8 M407.9 M
Slightly volatile
Other Operating Expenses455 M773.1 M388.3 M
Slightly volatile
Depreciation And Amortization10.5 M10 M3.6 M
Slightly volatile
Cost Of Revenue2.4 M2.6 M195.3 M
Pretty Stable
Interest Income11.6 M9.8 M6.2 M
Slightly volatile
Reconciled Depreciation9 M7.8 M9.4 M
Very volatile
Extraordinary Items17 M19.2 M20.9 M
Slightly volatile
Non Recurring83.9 M105.8 M68.7 M
Slightly volatile
Selling And Marketing Expenses2.6 M2.9 M3.2 M
Slightly volatile

Heritage Insurance Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.2 M1.2 M3.8 M
Slightly volatile
Begin Period Cash Flow227.9 M330.7 M194.7 M
Slightly volatile
Capital Expenditures11.9 M11.4 M4.8 M
Slightly volatile
End Period Cash Flow571.6 M544.3 M259.1 M
Slightly volatile
Depreciation9 M10 M6.8 M
Slightly volatile
Dividends Paid9.4 K9.9 K5.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.250.2711.8399
Slightly volatile
Dividend Yield1.0E-41.0E-40.02
Pretty Stable
PTB Ratio0.850.893.2268
Slightly volatile
Days Sales Outstanding28.825.4327.4909
Pretty Stable
Book Value Per Share8.377.578.9636
Slightly volatile
Stock Based Compensation To Revenue0.0020.00210.1927
Slightly volatile
Capex To Depreciation1.241.3119.1376
Slightly volatile
PB Ratio0.850.893.2268
Slightly volatile
Sales General And Administrative To Revenue0.120.10570.3798
Slightly volatile
Capex To Revenue0.02130.01550.0213
Slightly volatile
Cash Per Share19.319.0120.8278
Slightly volatile
Intangibles To Total Assets0.01690.01780.0525
Pretty Stable
Current Ratio43.4122.1434.7634
Very volatile
Tangible Book Value Per Share5.196.115.6935
Slightly volatile
Receivables Turnover20.9814.8519.3289
Slightly volatile
Graham Number13.4516.2814.7179
Slightly volatile
Shareholders Equity Per Share8.377.578.9636
Slightly volatile
Debt To Equity0.360.610.3564
Slightly volatile
Capex Per Share0.360.340.1661
Slightly volatile
Revenue Per Share26.5425.2715.1009
Slightly volatile
Interest Debt Per Share3.545.483.6485
Slightly volatile
Debt To Assets0.05440.06190.0603
Slightly volatile
Operating Cycle28.825.4327.4909
Pretty Stable
Price Book Value Ratio0.850.893.2268
Slightly volatile
Company Equity Multiplier9.248.85.6015
Slightly volatile
Long Term Debt To Capitalization0.210.30.2119
Slightly volatile
Total Debt To Capitalization0.220.360.2286
Slightly volatile
Debt Equity Ratio0.360.610.3564
Slightly volatile
Quick Ratio21.0422.1454.5124
Very volatile
Net Income Per E B T0.820.781.013
Very volatile
Cash Ratio16.8518.3914.5783
Very volatile
Cash Conversion Cycle28.825.4327.4909
Pretty Stable
Days Of Sales Outstanding28.825.4327.4909
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.790.770.9664
Pretty Stable
Price To Book Ratio0.850.893.2268
Slightly volatile
Fixed Asset Turnover22.3114.6721.019
Slightly volatile
Debt Ratio0.05440.06190.0603
Slightly volatile
Price Sales Ratio0.250.2711.8399
Slightly volatile
Asset Turnover0.250.310.2737
Slightly volatile
Price Fair Value0.850.893.2268
Slightly volatile

Heritage Insurance Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap386.6 M196.4 M375.4 M
Slightly volatile

Heritage Fundamental Market Drivers

Cash And Short Term Investments553.2 M

Heritage Upcoming Events

7th of March 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Heritage Insurance Financial Statements

Heritage Insurance stakeholders use historical fundamental indicators, such as Heritage Insurance's revenue or net income, 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
Current Deferred Revenue1.4 M1.3 M
Total Revenue845.8 M476 M
Cost Of Revenue2.6 M2.4 M
Sales General And Administrative To Revenue 0.11  0.12 
Capex To Revenue 0.02  0.02 
Revenue Per Share 25.27  26.54 
Ebit Per Revenue 0.10  0.06 

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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
Details
Is Heritage Stock a good investment?
Details
What is Heritage Insurance's Net Worth?
Details
Largest Property & Casualty Insurance Companies
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Largest Insurance - Property & Casualty Companies
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Check out the analysis of Heritage Insurance Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.
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Buy or Sell
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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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