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Heritage Commerce Cash Flow from Operations

: $62.3 Mil (TTM As of Sep. 2021)
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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Sep. 2021, Heritage Commerce's Net Income From Continuing Operations was $13.7 Mil. Its Depreciation, Depletion and Amortization was $1.0 Mil. Its Change In Working Capital was $2.4 Mil. Its cash flow from deferred tax was $0.0 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $0.7 Mil. And its Cash Flow from Others was $0.4 Mil. In all, Heritage Commerce's Cash Flow from Operations for the three months ended in Sep. 2021 was $18.3 Mil.


Heritage Commerce Cash Flow from Operations Historical Data

The historical data trend for Heritage Commerce's Cash Flow from Operations can be seen below:

* 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.

* Premium members only.

Heritage Commerce Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Flow from Operations
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.90 41.36 48.57 50.34 58.09

Heritage Commerce Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Cash Flow from Operations Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.36 22.86 10.26 10.86 18.29

Heritage Commerce Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Heritage Commerce's Cash Flow from Operations for the fiscal year that ended in Dec. 2020 is calculated as:

Heritage Commerce's Cash Flow from Operations for the quarter that ended in Sep. 2021 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $62.3 Mil.

* 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 Commerce  (NAS:HTBK) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Heritage Commerce's net income from continuing operations for the three months ended in Sep. 2021 was $13.7 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Heritage Commerce's depreciation, depletion and amortization for the three months ended in Sep. 2021 was $1.0 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Heritage Commerce's change in working capital for the three months ended in Sep. 2021 was $2.4 Mil. It means Heritage Commerce's working capital increased by $2.4 Mil from Jun. 2021 to Sep. 2021 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Heritage Commerce's cash flow from deferred tax for the three months ended in Sep. 2021 was $0.0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Heritage Commerce's cash from discontinued operating Activities for the three months ended in Sep. 2021 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Heritage Commerce's asset impairment charge for the three months ended in Sep. 2021 was $0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Heritage Commerce's stock based compensation for the three months ended in Sep. 2021 was $0.7 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Heritage Commerce's cash flow from others for the three months ended in Sep. 2021 was $0.4 Mil.


Heritage Commerce Cash Flow from Operations Related Terms

Thank you for viewing the detailed overview of Heritage Commerce's Cash Flow from Operations provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Commerce Business Description

Heritage Commerce logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6022
Traded in Other Exchanges
Address
224 Airport Parkway, San Jose, CA, USA, 95110
Heritage Commerce Corporation operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates a majority of its revenue from the Banking segment.
Executives
Cabral Bruce H director 150 ALMADEN BOULEVARD SAN JOSE CA 95113
Benito Michael Eugene officer: EVP 150 ALMADNE BLVD. SAN JOSE CA 95113
Moles Robert director HERITAGE COMMERCE CORP 150 ALMADEN BLVD. SAN JOSE CA 95113
Webster Ranson W director C/O HERITAGE BANK OF COMMERCE 150 ALMADEN BLVD SAN JOSE CA 95113
Bisceglia Frank G director C/O HERITAGE COMMERCE CORP 150 ALMADEN BLVD SAN JOSE CA 95113
Jones Robertson Clay Jr officer: EVP 150 ALMADEN BOULEVARD SAN JOSE CA 95113
Wilton Keith director, officer: President and CEO 150 ALMADEN BLVD. SAN JOSE CA 95113
Kaczmarek Walter Theodore director HERITAGE COMMERCE CORP 150 ALMADEN BLVD. SAN JOSE CA 95113
Conner Jack W director HERITAGE COMMERCE CORP 150 ALMADEN BLVD. SAN JOSE CA 95113
Biagini Komas Julianne M director 150 ALMADEN BOULEVARD SAN JOSE CA 95113
Mcgovern Lawrence D officer: EVP/CFO C/O HERITAGE COMMERCE CORP 150 ALMADEN BLVD SAN JOSE CA 95113
Dinapoli Jason Philip director 1875 CENTURY PARK EAST SUITE 1400 LOS ANGELES CA 90067
Roden Laura director 150 ALMADEN BLVD. SAN JOSE CA 95113
Butsch Margo G. officer: EVP/Chief Credit Officer 150 ALMADEN BLVD SAN JOSE CA 95113
Sutton Marina Park director 150 ALMADEN BOULEVARD SAN JOSE CA 95113

Heritage Commerce Headlines

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