Heritage Insurance Holdings's quarterly market cap
increased
from Sep. 2023 ($173.9 Mil) to Dec. 2023 ($197.0 Mil) and
increased
from Dec. 2023 ($197.0 Mil) to Mar. 2024 ($326.3 Mil).
Heritage Insurance Holdings's annual market cap
declined
from Dec. 2021 ($157.3 Mil) to Dec. 2022 ($46.0 Mil) but then
increased
from Dec. 2022 ($46.0 Mil) to Dec. 2023 ($197.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Heritage Insurance Holdings's Enterprise Value for Today is $15.5 Mil.
Heritage Insurance Holdings Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Heritage Insurance Holdings's Market Cap
For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heritage Insurance Holdings's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Heritage Insurance Holdings's Market Cap falls into.
Heritage Insurance Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heritage Insurance Holdings (NYSE:HRTG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Heritage Insurance Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Heritage Insurance Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Heritage Insurance Holdings (Heritage Insurance Holdings) Business Description
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.
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