Heritage Insurance Holdings Long-Term Debt 2011-2025 | HRTG

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:

Term exceeds 12 months
Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
Repaid through regular payments (interest and/or principal) over several years

Why long-term debt is needed:

Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:

Mortgage loans for property purchases
Corporate bonds issued by a company to raise capital
Project financing — long-term loans for building or expanding production facilities
Leasing obligations for equipment or transport

Annual Long-Term Debt Heritage Insurance Holdings

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
120 M	129 M	121 M	111 M	119 M	129 M	184 M	72.9 M	-	-	-	1 M	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
184 M	1 M	110 M

Quarterly Long-Term Debt Heritage Insurance Holdings

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
79.3 M	92.4 M	94.8 M	116 M	119 M	121 M	123 M	120 M	122 M	124 M	127 M	129 M	121 M	123 M	124 M	121 M	121 M	120 M	120 M	121 M	121 M	121 M	121 M	129 M	129 M	129 M	129 M	149 M	149 M	149 M	149 M	184 M	184 M	184 M	184 M	72.9 M	72.9 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
184 M	72.9 M	127 M

Long-Term Debt of other stocks in the Insurance property industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Horace Mann Educators Corporation HMN	546 M	$ 46.23	1.03 %	$ 1.91 B	USA
Hallmark Financial Services HALL	105 M	-	-11.93 %	$ 1.49 M	USA
Kemper Corporation KMPR	942 M	$ 41.03	-0.56 %	$ 2.63 B	USA
Chubb Limited CB	14.4 B	$ 311.56	1.0 %	$ 126 B	Schweiz
Conifer Holdings CNFR	11.9 M	-	24.38 %	$ 18.1 M	USA
NMI Holdings NMIH	393 M	$ 40.19	1.57 %	$ 3.21 B	USA
State Auto Financial Corporation STFC	122 M	-	0.19 %	$ 2.3 B	USA
The Progressive Corporation PGR	3.91 B	$ 235.71	0.37 %	$ 138 B	USA
Palomar Holdings PLMR	19.1 M	$ 125.67	-0.73 %	$ 3.21 B	USA
Argo Group International Holdings, Ltd. ARGO	579 M	-	-	$ 1.05 B	Bermuda
Cincinnati Financial Corporation CINF	790 M	$ 166.73	0.52 %	$ 26.1 B	USA
RLI Corp. RLI	149 M	$ 65.19	1.31 %	$ 5.97 B	USA
Donegal Group Class B DGICB	5 M	$ 15.89	1.15 %	$ 724 M	USA
Global Indemnity Group, LLC GBLI	126 M	$ 28.29	-0.38 %	$ 383 M	Irlanda
Alleghany Corporation Y	2.85 B	-	-	$ 11.4 B	USA
AXIS Capital Holdings Limited AXS	1.31 B	$ 106.27	1.83 %	$ 8.94 B	Bermuda
The Allstate Corporation ALL	8.08 B	$ 211.34	2.01 %	$ 55.9 B	USA
Loews Corporation L	8.94 B	$ 105.0	0.66 %	$ 23.1 B	USA
The Travelers Companies TRV	5.96 B	$ 289.22	1.41 %	$ 65.9 B	USA
Kingstone Companies KINS	25.2 M	$ 16.19	1.38 %	$ 174 M	USA
American Financial Group AFG	1.48 B	$ 137.03	-0.15 %	$ 11.5 B	USA
Kinsale Capital Group KNSL	184 M	$ 390.19	-0.4 %	$ 9.03 B	USA
Markel Corporation MKL	4.33 B	$ 2 153.1	-0.69 %	$ 28 B	USA
CNA Financial Corporation CNA	2.97 B	$ 47.35	1.67 %	$ 12.9 B	USA
Mercury General Corporation MCY	575 M	$ 93.0	-0.55 %	$ 5.15 B	USA
Donegal Group Class A DGICA	5 M	$ 20.53	0.81 %	$ 724 M	USA
FedNat Holding Company FNHC	98.7 M	-	-6.45 %	$ 5.11 M	USA
The National Security Group NSEC	12.7 M	-	-	$ 41 M	USA
NI Holdings NODK	2.4 M	$ 14.18	2.16 %	$ 297 M	USA
HCI Group HCI	164 M	$ 187.34	-0.07 %	$ 1.87 B	USA
ProAssurance Corporation PRA	425 M	$ 24.25	-0.04 %	$ 1.24 B	USA
Safety Insurance Group SAFT	30 M	$ 78.25	-0.36 %	$ 1.15 B	USA
Selective Insurance Group SIGI	508 M	$ 83.45	1.4 %	$ 5.08 B	USA
Sirius International Insurance Group, Ltd. SG	271 M	-	2.85 %	$ 1.34 B	Bermuda
Stewart Information Services Corporation STC	446 M	$ 72.91	0.17 %	$ 2.01 B	USA
The Hanover Insurance Group THG	653 M	$ 186.37	0.64 %	$ 6.65 B	USA
United Fire Group UFCS	45 M	$ 36.99	0.63 %	$ 937 M	USA
United Insurance Holdings Corp. UIHC	150 M	-	1.28 %	$ 341 M	USA
Universal Insurance Holdings UVE	101 M	$ 32.91	-0.56 %	$ 938 M	USA
W. R. Berkley Corporation WRB	2.79 B	$ 69.09	1.25 %	$ 27.6 M	USA
White Mountains Insurance Group, Ltd. WTM	562 M	$ 2 061.49	0.44 %	$ 5.22 B	USA
XL Fleet Corp. XL	677 M	-	20.97 %	$ 161 M	USA