Heartland Interest Coverage from 2010 to 2024

HTLD Stock  USD 11.13  0.05  0.45%   
Heartland Express' Interest Coverage is decreasing over the years with stable fluctuation. Interest Coverage is expected to dwindle to 1.66. During the period from 2010 to 2024 Heartland Express Interest Coverage annual values regression line had geometric mean of  97.28 and mean square error of 2.4 M. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
1.75238765
Current Value
1.66
Quarterly Volatility
1.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heartland Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartland Express' main balance sheet or income statement drivers, such as Depreciation And Amortization of 209 M, Interest Expense of 25.4 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0053 or PTB Ratio of 1.24. Heartland financial statements analysis is a perfect complement when working with Heartland Express Valuation or Volatility modules.
  
Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

Latest Heartland Express' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Heartland Express over the last few years. It is Heartland Express' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heartland Express' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Heartland Interest Coverage Regression Statistics

Arithmetic Mean621.47
Geometric Mean97.28
Coefficient Of Variation248.44
Mean Deviation735.24
Median295.67
Standard Deviation1,544
Sample Variance2.4M
Range6.2K
R-Value(0.26)
Mean Square Error2.4M
R-Squared0.07
Significance0.35
Slope(90.04)
Total Sum of Squares33.4M

Heartland Interest Coverage History

2024 1.66
2023 1.75
2020 22.02
2018 -32.36
2016 363.11
2015 6135.79
2014 295.67

About Heartland Express Financial Statements

Heartland Express stakeholders use historical fundamental indicators, such as Heartland Express' Interest Coverage, to determine how well the company is positioned to perform in the future. Although Heartland Express investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heartland Express' assets and liabilities are reflected in the revenues and expenses on Heartland Express' 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 Heartland Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 1.75  1.66 

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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 Heartland Express is a strong investment it is important to analyze Heartland Express' 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 Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Cargo Ground Transportation 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 Heartland Express. If investors know Heartland 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 Heartland Express 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
(0.66)
Dividend Share
0.08
Earnings Share
(0.28)
Revenue Per Share
13.697
Quarterly Revenue Growth
(0.12)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' 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 Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' 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 Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' 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.