Heritage Non Recurring vs Depreciation And Amortization Analysis
HFWA Stock | USD 26.17 0.03 0.11% |
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 Non Recurring and its Depreciation And Amortization 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 closely tied 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.
Non Recurring vs Depreciation And Amortization
Non Recurring vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Financial Non Recurring account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Heritage Financial's Non Recurring and Depreciation And Amortization is 0.18. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Depreciation And Amortization 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 Non Recurring and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Heritage Financial are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Recurring i.e., Heritage Financial's Non Recurring and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Recurring
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 closely tied 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) | Interest Expense | 7.0M | 8.1M | 59.3M | 62.3M | Depreciation And Amortization | 8.4M | 8.2M | 5.6M | 5.2M |
Heritage Financial fundamental ratios Correlations
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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 | 45.6M | 60.1M | 76.8M | 72.8M | 21.8M | 20.7M | |
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) | (203.2M) | (213.4M) | |
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 | 1.2B | 603.6M | |
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) | 4.7B | 5.0B | |
Other Assets | 3.1B | 3.9B | 3.2B | 3.1B | (945.7M) | (898.4M) | |
Cash And Short Term Investments | 1.2B | 1.5B | 2.6B | 1.4B | 1.2B | 602.3M | |
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 | 6.3B | 6.6B | |
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 closely tied 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Regional Banks 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 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 (0.35) | Dividend Share 0.91 | Earnings Share 1.08 | Revenue Per Share 5.885 | Quarterly Revenue Growth (0.17) |
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.