Heritage Insurance Holdings (HRTG) Non-Current Deferred Tax Liability (2013 - 2021)
Heritage Insurance Holdings' (HRTG) quarterly Non-Current Deferred Tax Liability came in at $9.4 million in Q4 2021, down 48.99% YoY from $18.5 million in Q4 2020, and down 31.02% on a QoQ basis from $13.7 million in Q3 2021.
Analysis
Heritage Insurance Holdings (HRTG) Non-Current Deferred Tax Liability (2013 - 2021) Analysis & Trends
Heritage Insurance Holdings (HRTG) has 9 years of Non-Current Deferred Tax Liability data on file, last reported at $9.4 million in Q4 2021.
- Quarterly Non-Current Deferred Tax Liability fell 48.99% year-over-year to $9.4 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $9.4 million (down 48.99% YoY) and the FY2021 annual result came in at $9.4 million, down 48.99% from the prior year.
- Non-Current Deferred Tax Liability fell to $9.4 million in Q4 2021, from $13.7 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $67.1 million in Q4 2017 to a low of $3.8 million in Q1 2017.
- A 5-year average of $23.8 million and a median of $18.0 million in 2019 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2017 — Non-Current Deferred Tax Liability surged 2133.3% — and 2021, when it sank 72.21%.
- Tracing HRTG's Non-Current Deferred Tax Liability over 5 years: stood at $67.1 million in 2017, then slumped by 40.87% to $39.7 million in 2018, then slumped by 68.17% to $12.6 million in 2019, then soared by 46.38% to $18.5 million in 2020, then plunged by 48.99% to $9.4 million in 2021.
- The last three Non-Current Deferred Tax Liability figures came in at $9.4 million (Q4 2021), $13.7 million (Q3 2021), and $19.6 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 133.05 Bn | 119.28 Bn | 9.13 Bn |
| 2 | Progressive | 130.69 Bn | 125.69 Bn | 9.04 Bn |
| 3 | Travelers Companies | 78.29 Bn | 54.54 Bn | 6.23 Bn |
| 4 | Allstate | 66.81 Bn | 28.08 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.93 Bn | 35.93 Bn | - |
| 6 | Cincinnati Financial | 26.81 Bn | 24.92 Bn | 2.39 Bn |
| 7 | Markel | 23.09 Bn | 6.20 Bn | 2.83 Bn |
| 8 | Loews | 22.59 Bn | 291.62 Mn | 2.57 Bn |
| 9 | Assurant | 14.24 Bn | 12.20 Bn | 2.71 Bn |
| 10 | Heritage Insurance Holdings | 1.05 Bn | 333.30 Mn | 153.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 9.43 Mn |
| Sep 30, 2021 | 13.67 Mn |
| Jun 30, 2021 | 19.62 Mn |
| Mar 31, 2021 | 11.11 Mn |
| Dec 31, 2020 | 18.48 Mn |
| Sep 30, 2020 | 12.45 Mn |
| Jun 30, 2020 | 20.96 Mn |
| Mar 31, 2020 | 39.98 Mn |
| Dec 31, 2019 | 12.62 Mn |
| Sep 30, 2019 | 41.19 Mn |
| Jun 30, 2019 | 40.37 Mn |
| Mar 31, 2019 | 38.29 Mn |
| Dec 31, 2018 | 39.66 Mn |
| Sep 30, 2018 | 42.76 Mn |
| Jun 30, 2018 | 42.71 Mn |
| Mar 31, 2018 | 51.06 Mn |
| Dec 31, 2017 | 67.07 Mn |
| Sep 30, 2017 | 33.70 Mn |
| Jun 30, 2017 | 27.72 Mn |
| Mar 31, 2017 | 28.27 Mn |