Heartland Reconciled Depreciation from 2010 to 2024

HTLD Stock  USD 11.13  0.05  0.45%   
Heartland Express' Reconciled Depreciation is increasing over the years with slightly volatile fluctuation. Reconciled Depreciation is expected to dwindle to about 133.9 M. During the period from 2010 to 2024 Heartland Express Reconciled Depreciation annual values regression line had geometric mean of  112,246,154 and mean square error of 464.2 T. View All Fundamentals
 
Reconciled Depreciation  
First Reported
1989-09-30
Previous Quarter
46.1 M
Current Value
45 M
Quarterly Volatility
14.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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' Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of Heartland Express over the last few years. It is Heartland Express' Reconciled Depreciation 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.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

Heartland Reconciled Depreciation Regression Statistics

Arithmetic Mean114,244,337
Geometric Mean112,246,154
Coefficient Of Variation22.40
Mean Deviation16,375,739
Median103,905,000
Standard Deviation25,585,854
Sample Variance654.6T
Range97.6M
R-Value0.58
Mean Square Error464.2T
R-Squared0.34
Significance0.02
Slope3,343,319
Total Sum of Squares9164.9T

Heartland Reconciled Depreciation History

2024133.9 M
2023198.6 M
2022133 M
2021104.2 M
2020110.4 M
2019100.9 M
2018101.3 M

About Heartland Express Financial Statements

Heartland Express stakeholders use historical fundamental indicators, such as Heartland Express' Reconciled Depreciation, 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
Reconciled Depreciation198.6 M133.9 M

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.