Heritage Insurance Holdings, Inc. (HRTG) financial statements (2021 and earlier)

Company profile

Business Address 2600 MCCORMICK DRIVE
CLEARWATER, FL 33759
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments443511290315270230264
Cash and cash equivalents441510288313268230262
Short-term investments22222 2
Total current assets:443511290315270230264
Noncurrent Assets
Finance lease, right-of-use asset100000 
Operating lease, right-of-use asset666667 
Property, plant and equipment19192020212121
Intangible assets, net (including goodwill)215216218220221223225
Goodwill152152152152152152152
Intangible assets, net (excluding goodwill)62646567697173
Total noncurrent assets:240242245247248251246
Other undisclosed assets1,4071,3951,6321,3191,4211,3621,424
TOTAL ASSETS:2,0892,1482,1661,8801,9401,8431,934
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities    6  
Employee-related liabilities    6  
Debt11     14
Total current liabilities:11   6 14
Noncurrent Liabilities
Liabilities, other than long-term debt181221    
Deferred income tax liabilities181221    
Total noncurrent liabilities:181221    
Other undisclosed liabilities1,6181,6931,6831,4311,4851,3981,482
Total liabilities:1,6471,7051,7041,4311,4911,3981,495
Stockholders' equity
Stockholders' equity attributable to parent442443462449449445439
Common stock0000000
Treasury stock, value(115)(115)(115)(113)(105)(101)(97)
Additional paid in capital332333332331330332330
Accumulated other comprehensive income67209795
Retained earnings220219226223217206200
Total stockholders' equity:442443462449449445439
TOTAL LIABILITIES AND EQUITY:2,0892,1482,1661,8801,9401,8431,934

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues160165136133139132123
Premiums earned, net151138129126131124114
Cost of revenue
(Policyholder Benefits and Claims Incurred, Net)
(107)(120)(79)(68)(67)(70)(74)
Gross profit:53455765726249
Operating expenses(22)(18)(20)(22)(22)(21)(18)
Other undisclosed operating loss(36)(32)(30)(30)(28)(27)(27)
Operating income (loss):(5)(4)71322133
Interest and debt expense(2)(2)(2)(2)(2)(2)(2)
Income (loss) from continuing operations before income taxes:(7)(7)51119111
Income tax expense (benefit)102(1)(3)(7)(3)(0)
Net income (loss) available to common stockholders, diluted:3(5)481381

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):3(5)481381
Other comprehensive income (loss)04(3)(0)1(1)(1)
Comprehensive income (loss):3(1)17137(1)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)(18)152(2)47
Comprehensive income (loss), net of tax, attributable to parent:2(19)16912117

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: