Heartland Free Cash Flow vs Change In Cash Analysis

HTLD Stock  USD 11.08  0.18  1.60%   
Heartland Express financial indicator trend analysis is much more than just examining Heartland Express latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heartland Express is a good investment. Please check the relationship between Heartland Express Free Cash Flow and its Change In Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. 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 economic analysis.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heartland Express Free Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Heartland Express' Free Cash Flow and Change In Cash is 0.21. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Heartland Express, assuming nothing else is changed. The correlation between historical values of Heartland Express' Free Cash Flow and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Heartland Express are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., Heartland Express' Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Cash

Most indicators from Heartland Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heartland Express 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 Heartland Express. 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 economic analysis.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.At present, Heartland Express' Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.12, whereas Selling General Administrative is forecasted to decline to about 43 M.
 2021 2022 2023 2024 (projected)
Gross Profit114.6M401.9M145.3M148.8M
Total Revenue607.3M968.0M1.2B1.3B

Heartland Express fundamental ratios Correlations

0.750.620.820.940.990.740.93-0.130.99-0.130.88-0.690.910.95-0.560.930.970.50.220.530.690.92-0.37-0.74-0.64
0.750.160.610.660.720.630.68-0.020.73-0.020.63-0.380.730.81-0.710.730.810.410.540.560.720.77-0.37-0.4-0.3
0.620.160.730.660.620.190.620.080.570.080.68-0.880.450.480.010.490.460.630.130.350.320.330.27-0.81-0.86
0.820.610.730.720.820.640.7-0.130.8-0.130.85-0.660.790.82-0.370.810.740.520.360.410.670.71-0.07-0.59-0.55
0.940.660.660.720.910.491.00.090.920.090.73-0.780.720.87-0.540.740.870.590.060.490.510.78-0.42-0.77-0.7
0.990.720.620.820.910.790.89-0.251.0-0.250.91-0.650.930.94-0.530.940.970.410.210.580.670.93-0.34-0.71-0.61
0.740.630.190.640.490.790.47-0.660.8-0.660.81-0.120.920.77-0.440.910.83-0.090.30.50.690.91-0.32-0.29-0.12
0.930.680.620.71.00.890.470.130.90.130.69-0.770.70.87-0.570.730.860.60.040.460.50.77-0.46-0.75-0.68
-0.13-0.020.08-0.130.09-0.25-0.660.13-0.241.0-0.39-0.37-0.38-0.16-0.06-0.36-0.260.71-0.04-0.46-0.08-0.360.02-0.17-0.3
0.990.730.570.80.921.00.80.9-0.24-0.240.89-0.620.930.95-0.560.940.980.390.190.560.680.95-0.4-0.69-0.57
-0.13-0.020.08-0.130.09-0.25-0.660.131.0-0.24-0.39-0.37-0.38-0.16-0.06-0.36-0.260.71-0.04-0.46-0.08-0.360.02-0.17-0.3
0.880.630.680.850.730.910.810.69-0.390.89-0.39-0.610.920.83-0.330.930.860.360.440.60.690.83-0.02-0.68-0.61
-0.69-0.38-0.88-0.66-0.78-0.65-0.12-0.77-0.37-0.62-0.37-0.61-0.46-0.540.27-0.5-0.54-0.85-0.22-0.28-0.37-0.4-0.090.920.97
0.910.730.450.790.720.930.920.7-0.380.93-0.380.92-0.460.89-0.51.00.930.290.370.490.80.96-0.26-0.58-0.45
0.950.810.480.820.870.940.770.87-0.160.95-0.160.83-0.540.89-0.540.910.940.420.20.530.690.92-0.49-0.55-0.44
-0.56-0.710.01-0.37-0.54-0.53-0.44-0.57-0.06-0.56-0.06-0.330.27-0.5-0.54-0.5-0.61-0.24-0.34-0.23-0.56-0.620.440.280.18
0.930.730.490.810.740.940.910.73-0.360.94-0.360.93-0.51.00.91-0.50.940.320.360.50.80.96-0.26-0.6-0.48
0.970.810.460.740.870.970.830.86-0.260.98-0.260.86-0.540.930.94-0.610.940.340.270.610.70.97-0.44-0.66-0.51
0.50.410.630.520.590.41-0.090.60.710.390.710.36-0.850.290.42-0.240.320.340.31-0.020.430.220.11-0.7-0.79
0.220.540.130.360.060.210.30.04-0.040.19-0.040.44-0.220.370.2-0.340.360.270.310.30.550.250.4-0.26-0.26
0.530.560.350.410.490.580.50.46-0.460.56-0.460.6-0.280.490.53-0.230.50.61-0.020.30.20.51-0.1-0.39-0.29
0.690.720.320.670.510.670.690.5-0.080.68-0.080.69-0.370.80.69-0.560.80.70.430.550.20.74-0.07-0.43-0.36
0.920.770.330.710.780.930.910.77-0.360.95-0.360.83-0.40.960.92-0.620.960.970.220.250.510.74-0.49-0.53-0.37
-0.37-0.370.27-0.07-0.42-0.34-0.32-0.460.02-0.40.02-0.02-0.09-0.26-0.490.44-0.26-0.440.110.4-0.1-0.07-0.49-0.04-0.21
-0.74-0.4-0.81-0.59-0.77-0.71-0.29-0.75-0.17-0.69-0.17-0.680.92-0.58-0.550.28-0.6-0.66-0.7-0.26-0.39-0.43-0.53-0.040.96
-0.64-0.3-0.86-0.55-0.7-0.61-0.12-0.68-0.3-0.57-0.3-0.610.97-0.45-0.440.18-0.48-0.51-0.79-0.26-0.29-0.36-0.37-0.210.96
Click cells to compare fundamentals

Heartland Express Account Relationship Matchups

Heartland Express fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets898.9M951.2M928.5M1.7B1.5B1.6B
Other Current Liab52.3M58.3M45.6M61.6M60.9M48.6M
Total Current Liabilities63.4M71.0M71.6M156.8M123.5M62.5M
Total Stockholder Equity684.7M724.3M727.1M855.5M865.3M908.5M
Property Plant And Equipment Net526.3M539.3M487.9M994.2M902.8M947.9M
Net Debt(76.7M)(113.9M)(157.7M)384.5M289.3M303.8M
Retained Earnings826.7M891.0M924.4M1.1B1.1B1.1B
Cash76.7M113.9M157.7M49.5M28.1M26.7M
Non Current Assets Total747.1M758.2M695.3M1.4B1.3B1.4B
Cash And Short Term Investments76.7M113.9M157.7M49.5M28.1M26.7M
Net Receivables57.1M55.6M56.9M143.0M112.9M118.5M
Common Stock Shares Outstanding82.0M81.4M79.6M79.0M79.1M81.3M
Liabilities And Stockholders Equity898.9M951.2M928.5M1.7B1.5B1.6B
Non Current Liabilities Total150.9M155.8M129.8M657.3M520.9M547.0M
Other Current Assets8.9M15.3M18.6M37.4M28.3M29.7M
Other Stockholder Equity(142.9M)(167.5M)(198.2M)(197.1M)(195.7M)(186.0M)
Total Liab214.3M226.8M201.4M814.0M644.4M676.6M
Property Plant And Equipment Gross526.3M539.3M710.8M1.3B1.3B1.4B
Total Current Assets151.8M193.0M233.2M229.8M169.3M169.0M
Non Currrent Assets Other1.6M1.5M16.8M5.6M15.0M15.7M
Accounts Payable11.1M12.8M20.5M62.7M37.8M39.7M
Intangible Assets27.1M24.7M22.4M101.9M98.5M103.5M
Inventory9.1M8.2M9.2M11.3M332K315.4K
Other Assets25.4M25.8M16.8M21.1M24.3M12.7M
Property Plant Equipment526.3M539.3M487.9M973.3M1.1B1.2B
Good Will135.2M132.4M168.3M322.5M322.6M338.7M
Other Liab150.9M155.8M129.8M249.2M286.6M301.0M
Net Tangible Assets489.2M531.3M536.5M431.1M495.8M441.9M
Retained Earnings Total Equity826.7M891.0M924.4M1.1B1.2B710.3M
Capital Surpluse3.5M4.1M4.3M4.2M4.8M3.8M
Deferred Long Term Liab93.7M104.0M90.0M207.5M238.6M250.6M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. 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 economic analysis.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.