Heritage Insurance Holdings
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Heritage Insurance Holdings generated cash of $70,415,000, which is more than the previous year. Cash used in financing activities reached the amount of $14,546,000 last year. Net change in cash is therefore $185,767,000.
Cash Flow
| 2014 | 194.19M | -200.04M | 101.27M |
|---|---|---|---|
| 2015 | 153.86M | -86.96M | 8.9M |
| 2016 | 75.13M | -249.41M | 43.82M |
| 2017 | 7.56M | -7.24M | 47.55M |
| 2018 | 95.42M | 24.36M | -31.95M |
| 2019 | 119.65M | -53.58M | -45.43M |
| 2020 | 170.21M | 22.06M | -28.89M |
| 2021 | 60.13M | -124.48M | -17.28M |
| 2022 | -34.26M | -37.86M | -5.05M |
| 2023 | 70.41M | 100.80M | 14.54M |
HRTG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 287.57M | 364.75M | 446.38M | 283.00M | 262.37M | 174.53M | 105.81M | 236.27M | 160.48M | 65.05M |
Operating activities | ||||||||||
Net income | 45.30M | -154.36M | -74.72M | 9.32M | 28.63M | 27.15M | -1.11M | 33.86M | 92.51M | 47.09M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 8.68M | 8.35M | 8.44M | 8.10M | 10.43M | 27.07M | 7.74M | 8.97M | 1.35M | 777K |
Stock-based compensation expense | 1.36M | 2.00M | 1.16M | 4.68M | 5.37M | 5.27M | 4.81M | 4.81M | 2.64M | 3.30M |
| Deferred income tax benefit | 1.36M | 2.00M | 1.16M | 4.68M | 5.37M | 5.27M | 4.81M | 4.81M | 2.64M | 3.30M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 2.40M | -556.49M | 91.19M | 59.87M | -117.65M | 50.18M | -285.19M | -10.75M | -10.28M | -9.93M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 284.81M | 0 | 0 | 161.38M |
Accounts payable | 0 | 8.07M | 29.81M | 5.56M | -10.62M | 149.39M | -79.10M | 36.45M | 43.09M | -12.47M |
Cash generated by operating activities | 70.41M | -34.26M | 60.13M | 170.21M | 119.65M | 95.42M | 7.56M | 75.13M | 153.86M | 194.19M |
Investing activities | ||||||||||
Purchases Of Investments | -230.89M | -134.99M | -334.58M | -470.50M | -256.88M | -218.66M | -215.84M | -317.66M | -237.94M | -231.07M |
Investments In Property Plant And Equipment | -9.89M | -12.38M | -1.00M | -755K | -4.98M | -2.28M | -385K | -1.62M | -1.17M | -6.92M |
Acquisitions Net | 0 | -89.53M | -210.10M | -472.52M | 0 | 2.28M | -140.91M | -110.31M | -6M | 0 |
Cash generated by investing activities | 100.80M | -37.86M | -124.48M | 22.06M | -53.58M | 24.36M | -7.24M | -249.41M | -86.96M | -200.04M |
Financing activities | ||||||||||
Common Stock Issued | 24.66M | 0 | 2.78M | 0 | 0 | 114.2M | 0 | 0 | 8.9M | 0 |
Payments for dividends | -11K | -4.77M | -6.70M | -6.85M | -6.95M | -6.38M | -8.24M | -6.80M | 0 | 0 |
Repurchases of common stock | 0 | -7.34M | -8.19M | -9.99M | -16.18M | -2M | -61.62M | -26.53M | 0 | 0 |
Repayments of term debt | -9.68M | 7.14M | -4.93M | -9.66M | -18.77M | -132.50M | 124.21M | -77.91M | 0 | 0 |
Cash used in financing activities | 14.54M | -5.05M | -17.28M | -28.89M | -45.43M | -31.95M | 47.55M | 43.82M | 8.9M | 101.27M |
Net Change In Cash | 185.76M | -77.18M | -81.63M | 163.37M | 20.63M | 87.84M | 47.88M | -130.46M | 75.79M | 95.42M |
Cash at end of period | 473.33M | 287.57M | 364.75M | 446.38M | 283.00M | 262.37M | 153.69M | 105.81M | 236.27M | 160.48M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |