Hagerty Net Working Capital from 2010 to 2024

HGTY Stock  USD 11.09  0.04  0.36%   
Hagerty Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 121.8 M in 2024. During the period from 2010 to 2024, Hagerty Net Working Capital regression line of annual values had r-squared of  0.63 and arithmetic mean of  105,565,571. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
147.9 M
Current Value
121.8 M
Quarterly Volatility
19.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hagerty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hagerty's main balance sheet or income statement drivers, such as Tax Provision of 7.5 M, Depreciation And Amortization of 23.9 M or Interest Expense of 24 M, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0047 or PTB Ratio of 5.72. Hagerty financial statements analysis is a perfect complement when working with Hagerty Valuation or Volatility modules.
  
Check out the analysis of Hagerty Correlation against competitors.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

Latest Hagerty's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Hagerty over the last few years. It is Hagerty's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hagerty's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Hagerty Net Working Capital Regression Statistics

Arithmetic Mean105,565,571
Geometric Mean104,051,933
Coefficient Of Variation18.39
Mean Deviation17,021,430
Median92,799,498
Standard Deviation19,414,591
Sample Variance376.9T
Range55.1M
R-Value0.79
Mean Square Error151.1T
R-Squared0.63
Significance0.0004
Slope3,439,573
Total Sum of Squares5277T

Hagerty Net Working Capital History

2024121.8 M
2023147.9 M
2020128.6 M

About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty's Net Working Capital, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hagerty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital147.9 M121.8 M

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Additional Tools for Hagerty Stock Analysis

When running Hagerty's price analysis, check to measure Hagerty'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 Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.