Heritage Insurance Hldgs Inc (HRTG) - Total Assets
Based on the latest financial reports, Heritage Insurance Hldgs Inc (HRTG) holds total assets worth $2.37 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See HRTG net assets for net asset value and shareholders' equity analysis.
Heritage Insurance Hldgs Inc - Total Assets Trend (2012–2024)
This chart illustrates how Heritage Insurance Hldgs Inc's total assets have evolved over time, based on quarterly financial data.
Heritage Insurance Hldgs Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Heritage Insurance Hldgs Inc's total assets of $2.37 Billion consist of 22.5% current assets and 77.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.3% |
| Accounts Receivable | $844.88 Million | 34.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $36.37 Million | 1.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Heritage Insurance Hldgs Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Heritage Insurance Hldgs Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Heritage Insurance Hldgs Inc's current assets represent 22.5% of total assets in 2024, a decrease from 94.1% in 2012.
- Cash Position: Cash and equivalents constituted 18.3% of total assets in 2024, down from 78.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 34.2% of total assets.
Heritage Insurance Hldgs Inc Competitors by Total Assets
Key competitors of Heritage Insurance Hldgs Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The Travelers Companies Inc
NYSE:TRV
|
USA | $143.71 Billion |
|
QBE Insurance Group Ltd
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.52 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$62.87 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$107.59 Billion |
|
Definity Financial Corp
TO:DFY
|
Canada | CA$9.56 Billion |
Heritage Insurance Hldgs Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 26.01 | 1.38 | 1.16 |
| Quick Ratio | 26.01 | 2.50 | 1.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $514.67 Million | $164.06 Million | $47.92 Million |
Heritage Insurance Hldgs Inc - Advanced Valuation Insights
This section examines the relationship between Heritage Insurance Hldgs Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.88 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 16.5% |
| Total Assets | $2.47 Billion |
| Market Capitalization | $825.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Heritage Insurance Hldgs Inc's assets below their book value (0.33x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Heritage Insurance Hldgs Inc's assets grew by 16.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Heritage Insurance Hldgs Inc (2012–2024)
The table below shows the annual total assets of Heritage Insurance Hldgs Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.47 Billion | +16.48% |
| 2023-12-31 | $2.12 Billion | -11.41% |
| 2022-12-31 | $2.39 Billion | +20.79% |
| 2021-12-31 | $1.98 Billion | -5.20% |
| 2020-12-31 | $2.09 Billion | +7.72% |
| 2019-12-31 | $1.94 Billion | +9.67% |
| 2018-12-31 | $1.77 Billion | -0.14% |
| 2017-12-31 | $1.77 Billion | +71.42% |
| 2016-12-31 | $1.03 Billion | +23.39% |
| 2015-12-31 | $837.40 Million | +35.94% |
| 2014-12-31 | $616.00 Million | +118.45% |
| 2013-12-31 | $281.98 Million | +244.45% |
| 2012-12-31 | $81.86 Million | -- |
About Heritage Insurance Hldgs Inc
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. It offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; and commercial residential property ins… Read more