Heritage Cash vs Long Term Debt Analysis

HTBK Stock

USD 10.62 0.04 0.38%

Heritage Commerce financial indicator trend analysis is much more than just examining Heritage Commerce Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heritage Commerce Corp is a good investment. Please check the relationship between Heritage Commerce Cash and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heritage Commerce Corp Cash account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Heritage Commerce's Cash and Long Term Debt is 0.46. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Heritage Commerce Corp, assuming nothing else is changed. The correlation between historical values of Heritage Commerce's Cash and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Heritage Commerce Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Heritage Commerce's Cash and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Heritage Commerce Corp, which is listed under current asset account on Heritage Commerce Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Heritage Commerce customers. The amounts must be unrestricted with restricted cash listed in a different Heritage Commerce account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Long Term Debt

Long-term debt is a debt that Heritage Commerce Corp has held for over one year. Long-term debt appears on Heritage Commerce Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Heritage Commerce Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Heritage Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heritage Commerce Corp 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 Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At this time, Heritage Commerce's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 3.20 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.02.

	2021	2022	2023	2024 (projected)
Interest Expense	7.1M	8.9M	51.1K	48.5K
Depreciation And Amortization	4.1M	3.8M	3.5M	2.1M

Interest Expense Depreciation And Amortization

Heritage Commerce fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Accounts Payable	Net Receivables	Short Long Term Debt Total	Other Liab	Long Term Debt	Short Term Investments	Non Current Liabilities Total
Total Assets		0.98	0.6	-0.64	0.94	0.62	0.68	-0.71	0.64	0.61	0.98	0.98	0.85	1.0	0.85	-0.04	0.98	-0.13	0.42	0.98	0.97	0.7	0.81	0.72	0.18	0.5
Total Stockholder Equity	0.98		0.65	-0.56	0.95	0.54	0.63	-0.77	0.65	0.52	1.0	0.97	0.82	0.98	0.84	-0.15	0.99	-0.17	0.38	0.98	0.98	0.72	0.79	0.73	0.21	0.54
Property Plant And Equipment Net	0.6	0.65		-0.09	0.79	0.04	-0.05	-0.35	0.63	-0.13	0.67	0.61	0.69	0.59	0.76	-0.46	0.58	-0.07	-0.37	0.67	0.72	0.29	0.29	0.31	0.05	0.97
Net Debt	-0.64	-0.56	-0.09		-0.38	-0.99	-0.37	0.47	-0.22	-0.89	-0.57	-0.6	-0.48	-0.65	-0.39	-0.2	-0.61	0.06	-0.63	-0.65	-0.56	-0.43	-0.6	-0.43	0.3	0.01
Retained Earnings	0.94	0.95	0.79	-0.38		0.35	0.53	-0.68	0.68	0.32	0.95	0.92	0.87	0.93	0.9	-0.23	0.92	-0.16	0.15	0.93	0.95	0.64	0.67	0.66	0.2	0.72
Cash	0.62	0.54	0.04	-0.99	0.35		0.41	-0.47	0.19	0.91	0.55	0.59	0.45	0.63	0.36	0.23	0.6	-0.07	0.67	0.63	0.53	0.45	0.63	0.46	-0.26	-0.07
Non Current Assets Total	0.68	0.63	-0.05	-0.37	0.53	0.41		-0.48	0.3	0.63	0.6	0.66	0.42	0.68	0.41	0.38	0.66	-0.1	0.67	0.56	0.54	0.63	0.76	0.65	0.55	-0.12
Non Currrent Assets Other	-0.71	-0.77	-0.35	0.47	-0.68	-0.47	-0.48		-0.35	-0.39	-0.77	-0.68	-0.64	-0.7	-0.65	0.48	-0.79	0.31	-0.47	-0.69	-0.72	-0.72	-0.46	-0.71	0.05	-0.24
Other Assets	0.64	0.65	0.63	-0.22	0.68	0.19	0.3	-0.35		0.2	0.65	0.64	0.72	0.63	0.63	0.04	0.62	0.1	-0.04	0.65	0.71	0.16	0.52	0.19	0.28	0.61
Cash And Short Term Investments	0.61	0.52	-0.13	-0.89	0.32	0.91	0.63	-0.39	0.2		0.51	0.59	0.33	0.62	0.25	0.48	0.59	0.02	0.8	0.57	0.47	0.43	0.69	0.44	0.04	-0.24
Common Stock Total Equity	0.98	1.0	0.67	-0.57	0.95	0.55	0.6	-0.77	0.65	0.51		0.96	0.83	0.97	0.83	-0.17	0.99	-0.17	0.35	0.98	0.98	0.71	0.77	0.73	0.18	0.57
Common Stock Shares Outstanding	0.98	0.97	0.61	-0.6	0.92	0.59	0.66	-0.68	0.64	0.59	0.96		0.84	0.98	0.83	0.0	0.97	-0.2	0.43	0.97	0.97	0.68	0.81	0.71	0.24	0.49
Other Stockholder Equity	0.85	0.82	0.69	-0.48	0.87	0.45	0.42	-0.64	0.72	0.33	0.83	0.84		0.85	0.88	-0.19	0.8	-0.22	0.12	0.84	0.88	0.54	0.54	0.55	-0.01	0.65
Total Liab	1.0	0.98	0.59	-0.65	0.93	0.63	0.68	-0.7	0.63	0.62	0.97	0.98	0.85		0.85	-0.02	0.98	-0.13	0.43	0.98	0.96	0.7	0.82	0.71	0.18	0.49
Property Plant And Equipment Gross	0.85	0.84	0.76	-0.39	0.9	0.36	0.41	-0.65	0.63	0.25	0.83	0.83	0.88	0.85		-0.34	0.79	-0.13	0.12	0.85	0.88	0.49	0.54	0.51	0.06	0.68
Total Current Assets	-0.04	-0.15	-0.46	-0.2	-0.23	0.23	0.38	0.48	0.04	0.48	-0.17	0.0	-0.19	-0.02	-0.34		-0.11	0.23	0.36	-0.09	-0.17	-0.08	0.31	-0.06	0.35	-0.47
Common Stock	0.98	0.99	0.58	-0.61	0.92	0.6	0.66	-0.79	0.62	0.59	0.99	0.97	0.8	0.98	0.79	-0.11		-0.17	0.45	0.97	0.97	0.73	0.81	0.75	0.19	0.47
Other Current Liab	-0.13	-0.17	-0.07	0.06	-0.16	-0.07	-0.1	0.31	0.1	0.02	-0.17	-0.2	-0.22	-0.13	-0.13	0.23	-0.17		0.01	-0.11	-0.16	-0.37	0.0	-0.38	0.17	-0.09
Total Current Liabilities	0.42	0.38	-0.37	-0.63	0.15	0.67	0.67	-0.47	-0.04	0.8	0.35	0.43	0.12	0.43	0.12	0.36	0.45	0.01		0.39	0.3	0.49	0.57	0.48	0.15	-0.54
Accounts Payable	0.98	0.98	0.67	-0.65	0.93	0.63	0.56	-0.69	0.65	0.57	0.98	0.97	0.84	0.98	0.85	-0.09	0.97	-0.11	0.39		0.99	0.64	0.8	0.66	0.13	0.55
Net Receivables	0.97	0.98	0.72	-0.56	0.95	0.53	0.54	-0.72	0.71	0.47	0.98	0.97	0.88	0.96	0.88	-0.17	0.97	-0.16	0.3	0.99		0.63	0.75	0.65	0.18	0.62
Short Long Term Debt Total	0.7	0.72	0.29	-0.43	0.64	0.45	0.63	-0.72	0.16	0.43	0.71	0.68	0.54	0.7	0.49	-0.08	0.73	-0.37	0.49	0.64	0.63		0.58	1.0	0.2	0.17
Other Liab	0.81	0.79	0.29	-0.6	0.67	0.63	0.76	-0.46	0.52	0.69	0.77	0.81	0.54	0.82	0.54	0.31	0.81	0.0	0.57	0.8	0.75	0.58		0.6	0.39	0.18
Long Term Debt	0.72	0.73	0.31	-0.43	0.66	0.46	0.65	-0.71	0.19	0.44	0.73	0.71	0.55	0.71	0.51	-0.06	0.75	-0.38	0.48	0.66	0.65	1.0	0.6		0.23	0.19
Short Term Investments	0.18	0.21	0.05	0.3	0.2	-0.26	0.55	0.05	0.28	0.04	0.18	0.24	-0.01	0.18	0.06	0.35	0.19	0.17	0.15	0.13	0.18	0.2	0.39	0.23		-0.01
Non Current Liabilities Total	0.5	0.54	0.97	0.01	0.72	-0.07	-0.12	-0.24	0.61	-0.24	0.57	0.49	0.65	0.49	0.68	-0.47	0.47	-0.09	-0.54	0.55	0.62	0.17	0.18	0.19	-0.01

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Heritage Commerce Account Relationship Matchups

Heritage Commerce fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.6B	5.5B	5.2B	5.2B	5.5B
Total Stockholder Equity	576.7M	577.9M	598.0M	632.5M	672.9M	706.5M
Property Plant And Equipment Net	8.3M	10.5M	9.6M	9.3M	41.5M	43.6M
Net Debt	(417.5M)	(1.1B)	(1.3B)	(267.3M)	(368.6M)	(350.2M)
Retained Earnings	96.7M	94.9M	111.3M	146.4M	179.1M	188.0M
Cash	457.4M	1.1B	1.3B	306.6M	408.1M	239.6M
Non Current Assets Total	967.5M	727.9M	951.6M	1.4B	621.9M	454.4M
Non Currrent Assets Other	(967.5M)	(727.9M)	(951.6M)	(1.4B)	(621.9M)	(590.8M)
Other Assets	2.2B	2.4B	3.0B	2.9B	4.2B	4.4B
Cash And Short Term Investments	862.2M	1.4B	1.4B	796.2M	408.1M	389.6M
Common Stock Total Equity	489.7M	493.7M	497.7M	502.9M	578.4M	607.3M
Common Stock Shares Outstanding	47.9M	60.2M	60.7M	61.1M	61.3M	64.4M
Liabilities And Stockholders Equity	4.1B	4.6B	5.5B	5.2B	5.2B	5.5B
Other Stockholder Equity	(489.7M)	4.4B	5.2B	5.4B	6.2B	6.5B
Total Liab	3.5B	4.1B	4.9B	4.5B	4.5B	4.7B
Property Plant And Equipment Gross	8.3M	10.5M	24.9M	25.8M	27.7M	29.0M
Total Current Assets	959.2M	1.5B	1.5B	889.7M	408.1M	387.7M
Accumulated Other Comprehensive Income	(9.8M)	(10.7M)	(11.0M)	(16.9M)	(12.7M)	(12.1M)
Common Stock	489.7M	493.7M	497.7M	502.9M	506.5M	531.9M
Other Current Liab	(78.4M)	(102.0M)	(102.0M)	3.3M	4.7M	4.5M
Total Current Liabilities	78.4M	102.0M	102.0M	96.2M	4.7M	4.5M
Accounts Payable	78.1M	102.0M	102.0M	92.8M	106.7M	112.1M
Net Receivables	97.0M	121.0M	117.6M	122.6M	141.0M	148.1M
Short Long Term Debt Total	39.9M	39.9M	40.0M	39.4M	39.5M	29.4M
Other Liab	64.3M	65.5M	66.6M	62.5M	71.9M	40.3M
Long Term Debt	39.6M	39.7M	39.9M	39.4M	39.5M	30.0M
Short Term Investments	404.8M	235.8M	102.3M	489.6M	366.5M	248.6M
Non Current Liabilities Total	39.6M	39.7M	39.9M	96.2M	4.5B	4.7B
Inventory	(468.3M)	(1.1B)	(1.3B)	(351.0M)	(315.9M)	(300.1M)
Property Plant Equipment	8.3M	10.5M	9.6M	9.3M	10.7M	7.8M
Short Term Debt	328K	139K	45K	24K	6.7M	11.4M
Other Current Assets	468.3M	1.1B	1.3B	321.8M	423.2M	750.2M
Intangible Assets	20.4M	16.7M	13.7M	11.0M	8.6M	8.3M
Net Tangible Assets	388.9M	393.6M	416.7M	453.8M	521.9M	285.0M
Retained Earnings Total Equity	96.7M	94.9M	111.3M	146.4M	168.3M	176.8M
Long Term Debt Total	39.6M	39.7M	39.9M	39.4M	45.3M	37.1M
Long Term Investments	3.3B	2.8B	760.6M	1.2B	1.1B	1.8B
Non Current Liabilities Other	78.1M	102.0M	102.0M	96.2M	110.6M	66.6M

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When determining whether Heritage Commerce Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Heritage Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock:

How To Invest In Heritage

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Is Heritage Stock a good investment?

Details

What is Heritage Commerce's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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 Commerce. 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 Commerce 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

(0.34)

Dividend Share

0.52

Earnings Share

0.71

Revenue Per Share

2.763

Quarterly Revenue Growth

(0.11)

The market value of Heritage Commerce Corp 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 Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.

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Heritage Cash vs Long Term Debt Analysis

Cash vs Long Term Debt

Cash vs Long Term Debt Correlation Analysis

Correlation Coefficient

Cash

Long Term Debt

Heritage Commerce fundamental ratios Correlations

Heritage Commerce Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Heritage Commerce fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Total Stockholder Equity
Long Term Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Total Equity
Net Receivables	+ 0.99	Accounts Payable

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Common Stock	- 0.79	Non Currrent Assets Other
Common Stock Total Equity	- 0.77	Non Currrent Assets Other
Non Currrent Assets Other	- 0.77	Total Stockholder Equity
Short Long Term Debt Total	- 0.72	Non Currrent Assets Other