Heritage Insurance Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Heritage Insurance Holdings's balance sheet done over the years? Its assets were worth $2,153,200,000 last year, which is less than in the previous period. 90% of Heritage Insurance Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $1,932,920,000, which means an decrease by -15% compared compared to last year.
Debt to Assets
| 2014 | 615995000 | 360.90M | 58.59% |
|---|---|---|---|
| 2015 | 837398000 | 480.84M | 57.42% |
| 2016 | 1033244000 | 675.28M | 65.36% |
| 2017 | 1771210000 | 1.39B | 78.56% |
| 2018 | 1768713000 | 1.34B | 75.95% |
| 2019 | 1939670000 | 1.49B | 76.86% |
| 2020 | 2089379000 | 1.64B | 78.83% |
| 2021 | 1980762000 | 1.63B | 82.68% |
| 2022 | 2392600000 | 2.26B | 94.52% |
| 2023 | 2153200000 | 1.93B | 89.77% |
HRTG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 463.64M | 280.88M | 359.33M | 440.95M | 268.35M | 250.11M | 153.69M | 105.81M | 236.27M | 173.82M |
Short term investments | 89.52M | 635.57M | 669.35M | 561.01M | 587.25M | 526.10M | 567.01M | 602.98M | 400.09M | 324.31M |
Net receivables | 89.49M | 909.92M | 353.05M | 464.73M | 495.75M | 410.51M | 0 | 53.43M | 30.56M | 20.02M |
Inventory | 0 | -1.96B | -495.84M | -629.90M | -418.43M | 0 | -778.26M | 0 | -345.81M | 0 |
Other current assets | 0 | 512.05M | 495.84M | 629.90M | 418.43M | 0 | 0 | 0 | 0 | 0 |
Total current assets | 558.09M | 373.63M | 1.38B | 1.46B | 1.35B | 1.18B | 771.25M | 719.54M | 638.62M | 473.59M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 57.65M | 53.19M | 45.17M | 18.68M | 20.75M | 17.99M | 18.74M | 17.17M | 17.11M | 17.08M |
Goodwill | 0 | 0 | 91.95M | 152.45M | 152.45M | 152.45M | 152.45M | 46.45M | 5.67M | 0 |
Intangible assets | 42.55M | 49.57M | 55.92M | 62.27M | 68.64M | 76.85M | 101.62M | 26.54M | 36.92M | 24.37M |
Long term investments | 7.06M | 637.08M | 670.76M | 562.61M | 587.25M | 526.10M | 567.01M | 602.98M | 400.09M | 324.31M |
Other non-current assets | 1.48B | -653.92M | -9.42M | -18.47M | -12.62M | -7.72M | -567.01M | -602.98M | -445.04M | -348.68M |
Total non-current assets | 1.64B | 102.77M | 863.83M | 796.03M | 829.11M | 773.39M | 307.16M | 93.17M | 25.07M | 23.70M |
Total assets | 2.15B | 2.39B | 1.98B | 2.08B | 1.93B | 1.76B | 1.77B | 1.03B | 837.39M | 615.99M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 16.84M | 259.43M | 0 | 0 | 203.73M | 15.36M | 0 | 0 | 0 |
Short term debt | 0 | 10M | 3.82M | 10M | 10M | 20M | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 16.84M | 263.25M | 261.00M | 237.39M | 195.35M | 17.57M | 96.66M | 2.09M | 12.80M |
| Non-current liabilities: | ||||||||||
Long term debt | 148.19M | 160.19M | 151.92M | 120.99M | 129.24M | 148.79M | 184.40M | 72.90M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.75B | 2.00B | -201.76M | -179.47M | -179.33M | -20M | 1.20B | -75.90M | 478.75M | 347.13M |
Total non-current liabilities | 1.90B | 2.24B | 201.76M | 179.47M | 179.33M | 181.49M | 184.40M | 75.90M | 478.75M | 347.13M |
Total liabilities | 1.93B | 2.26B | 1.63B | 1.64B | 1.49B | 1.34B | 1.39B | 675.28M | 480.84M | 360.90M |
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