Heritage Capital Stock vs Net Tangible Assets Analysis
| HFWA Stock | USD 18.13 0.25 1.40% |
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 Capital Stock and its Net Tangible Assets 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 tightly coupled 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.
Capital Stock vs Net Tangible Assets
Capital Stock vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Financial Capital Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Heritage Financial's Capital Stock and Net Tangible Assets is -0.39. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets 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 Capital Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Heritage Financial are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., Heritage Financial's Capital Stock and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.39 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 tightly coupled 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) | Income Before Tax | 120.5M | 99.4M | 72.9M | 76.6M | EBITDA | 101.9M | 102.5M | 2.4M | 2.3M |
Heritage Financial fundamental ratios Correlations
Click cells to compare fundamentals
Heritage Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heritage Financial fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.6B | 6.6B | 7.4B | 7.0B | 7.2B | 7.5B | |
| Short Long Term Debt Total | 20.6M | 20.9M | 21.2M | 21.5M | 521.8M | 547.9M | |
| Total Current Liabilities | 3.6B | 4.7B | 5.5B | 5.3B | 4.4B | 4.6B | |
| Net Debt | (208.0M) | (722.4M) | (1.7B) | (82.1M) | 296.8M | 311.6M | |
| Retained Earnings | 212.5M | 224.4M | 293.2M | 345.3M | 376.0M | 394.8M | |
| Cash | 228.6M | 743.3M | 1.7B | 103.6M | 225.0M | 194.7M | |
| Net Receivables | 14.4M | 19.4M | 14.7M | 18.5M | 19.5M | 20.5M | |
| Common Stock Shares Outstanding | 37.0M | 36.2M | 36.0M | 35.5M | 35.3M | 20.1M | |
| Liabilities And Stockholders Equity | 5.6B | 6.6B | 7.4B | 7.0B | 7.2B | 7.5B | |
| Total Liab | 20.6M | 20.9M | 21.2M | 21.5M | 6.3B | 6.6B | |
| Property Plant And Equipment Gross | 87.9M | 85.5M | 109.3M | 110.2M | 111.0M | 116.6M | |
| Total Current Assets | 1.2B | 1.6B | 2.6B | 1.5B | 244.5M | 232.3M | |
| Total Stockholder Equity | 809.3M | 820.4M | 854.4M | 797.9M | 853.3M | 895.9M | |
| Property Plant And Equipment Net | 87.9M | 85.5M | 79.4M | 76.9M | 74.9M | 44.2M | |
| Non Current Assets Total | 1.3B | 1.1B | 1.6B | 2.4B | 6.9B | 7.3B | |
| Non Currrent Assets Other | (1.3B) | (1.1B) | (1.6B) | (2.4B) | 439.4M | 461.4M | |
| Other Assets | 3.1B | 3.9B | 3.2B | 3.1B | 3.6B | 3.7B | |
| Cash And Short Term Investments | 1.2B | 1.5B | 2.6B | 1.4B | (55.9M) | (53.1M) | |
| Common Stock Total Equity | 586.5M | 571.0M | 551.8M | 552.4M | 635.3M | 667.0M | |
| Non Current Liabilities Total | 20.6M | 20.9M | 21.2M | 21.5M | 1.9B | 2.0B | |
| Other Stockholder Equity | 378K | 25.0M | 9.4M | (99.9M) | (89.9M) | (85.4M) | |
| Accumulated Other Comprehensive Income | 10.4M | 25.0M | 9.4M | (99.9M) | (72.5M) | (68.9M) | |
| Other Current Liab | 3.5B | 4.7B | 5.4B | 5.3B | 3.9B | 2.2B | |
| Other Current Assets | 243.9M | 762.7M | 1.7B | 122.1M | 244.5M | 232.3M | |
| Short Term Debt | 25.0M | 39.2M | 55.6M | 51.3M | 505.2M | 530.4M | |
| Common Stock | 586.5M | 571.0M | 551.8M | 552.4M | 549.7M | 577.2M | |
| Other Liab | 55.5M | 40.4M | (25.5M) | 2.2M | 2.5M | 2.3M | |
| Accounts Payable | 4.6B | 5.6B | 6.4B | 5.9B | 6.8B | 7.1B | |
| Short Term Investments | 952.3M | 802.2M | 894.3M | 1.3B | 1.1B | 1.2B | |
| Inventory | (243.9M) | (762.7M) | (1.7B) | (122.1M) | (4.3B) | (4.0B) | |
| Intangible Assets | 16.6M | 13.1M | 10.0M | 7.2M | 4.8M | 7.7M | |
| Property Plant Equipment | 87.9M | 85.5M | 79.4M | 76.9M | 88.5M | 44.7M | |
| Long Term Debt | 20.6M | 20.9M | 21.2M | 21.5M | 21.8M | 18.7M | |
| Net Tangible Assets | 551.8M | 566.4M | 603.5M | 549.7M | 632.2M | 433.9M | |
| Retained Earnings Total Equity | 212.5M | 224.4M | 293.2M | 345.3M | 397.1M | 417.0M | |
| Long Term Investments | 3.7B | 4.4B | 1.3B | 2.1B | 1.9B | 2.5B | |
| Non Current Liabilities Other | 140.4M | 176.0M | 175.5M | 235.9M | 271.3M | 284.8M | |
| Long Term Debt Total | 20.6M | 20.9M | 21.2M | 21.5M | 24.7M | 22.3M |
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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 tightly coupled 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Heritage Financial's price analysis, check to measure Heritage Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Financial is operating at the current time. Most of Heritage Financial's value examination focuses on studying past and present price action to predict the probability of Heritage Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Financial's price. Additionally, you may evaluate how the addition of Heritage Financial to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Financial's industry 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 (0.72) | Dividend Share 0.89 | Earnings Share 1.33 | Revenue Per Share 6.309 | Quarterly Revenue Growth (0.29) |
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.