Heritage Insurance Holdings (HRTG) Non-Current Deferred Tax Liability (2013 - 2021)
Heritage Insurance Holdings (HRTG) reported Non-Current Deferred Tax Liability of $9.4 million for Q4 2021, down 48.99% on a YoY basis from $18.5 million in Q4 2020, and down 31.02% quarter-over-quarter from $13.7 million in Q3 2021.
Heritage Insurance Holdings (HRTG) Non-Current Deferred Tax Liability (2013 - 2021) Analysis & Trends
Heritage Insurance Holdings has reported Non-Current Deferred Tax Liability for 9 years, with the latest figure at $9.4 million in Q4 2021.
- For the quarter ending Q4 2021, Non-Current Deferred Tax Liability fell 48.99% year-over-year to $9.4 million; the trailing twelve-month figure through Dec 2021 stood at $9.4 million (down 48.99% YoY), and the FY2021 full-year result was $9.4 million, down 48.99% from the prior year.
- Non-Current Deferred Tax Liability for Q4 2021 stood at $9.4 million, down from $13.7 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $42.8 million in Q3 2018, with the low at $3.8 million in Q1 2017.
- Historically, Non-Current Deferred Tax Liability has averaged $20.4 million across 5 years, with a median of $16.3 million in 2018.
- Annual changes were most pronounced in 2017 — Non-Current Deferred Tax Liability jumped 1043.29% — and 2018, when it slumped 77.56%.
- Heritage Insurance Holdings' Non-Current Deferred Tax Liability stood at $34.3 million in 2017, then tumbled by 77.56% to $7.7 million in 2018, then soared by 63.83% 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn |
| 10 | Heritage Insurance Holdings | 679.89 Mn | 161.75 Mn | 121.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 9.43 Mn |
| Dec 31, 2021 | 9.43 Mn |
| Sep 30, 2021 | 13.67 Mn |
| Sep 30, 2021 | 13.67 Mn |
| Jun 30, 2021 | 19.62 Mn |
| Jun 30, 2021 | 19.62 Mn |
| Mar 31, 2021 | 11.11 Mn |
| Mar 31, 2021 | 11.11 Mn |
| Dec 31, 2020 | 18.48 Mn |
| Dec 31, 2020 | 18.48 Mn |
| Sep 30, 2020 | 12.45 Mn |
| Sep 30, 2020 | 12.45 Mn |
| Jun 30, 2020 | 20.96 Mn |
| Jun 30, 2020 | 20.96 Mn |
| Mar 31, 2020 | 8.63 Mn |
| Mar 31, 2020 | 8.63 Mn |
| Dec 31, 2019 | 12.62 Mn |
| Dec 31, 2019 | 12.62 Mn |
| Sep 30, 2019 | 14.28 Mn |
| Sep 30, 2019 | 14.28 Mn |