Heritage Financial Corp-WA (HFWA) Financials

The income statement of Heritage Financial Corp-WA (HFWA) provides a snapshot of the company's financial performance over a specific period. It shows the revenue generated, expenses incurred, and the resulting net income. The gross profit is the revenue minus the cost of goods sold, representing the company's profitability at the core operating level. Earnings before interest and taxes (EBIT) is a measure of the company's operating profit, excluding interest and tax expenses. EBITDA is EBIT with amortization and depreciation expenses added back, providing a clearer picture of the company's cash flow.

Net income from stockholders is the company's profit that is available for distribution to its stockholders. It represents the amount earned by the company after deducting expenses, taxes, and preferred stock dividends. Total revenue is the sum of all sources of income for the company, including sales, interest, and other revenue streams. The balance sheet of Heritage Financial Corp-WA (HFWA) provides a snapshot of the company's financial position at a given point in time. It shows the company's assets, liabilities, and stockholders' equity.

Cash equivalents are highly liquid assets that can be easily converted into cash. These include short-term investments and highly liquid securities. Net debt is the company's total debt minus cash and cash equivalents. Stockholders' equity represents the residual interest in the assets of the company after deducting liabilities. It reflects the shareholders' ownership in the company.

Total assets represent the company's resources that are expected to generate future economic benefits. They include both current and non-current assets. Total debt is the sum of all the company's short-term and long-term liabilities. Total liabilities encompass all the obligations and debts that the company owes to external parties.

Cash flow is the movement of cash into or out of a business. It provides insights into a company's liquidity and ability to meet its obligations. Operating cash flow measures the cash generated from the company's core operations, indicating its ability to generate cash internally. Investing cash flow reflects the company's cash inflows and outflows related to investments in assets, acquisitions, or divestitures. Financing cash flow represents the cash inflows and outflows from financing activities, such as issuing or repurchasing shares, or taking on new loans.

Free cash flow is the cash generated by the company after deducting capital expenditures required to maintain or expand its asset base. It represents the cash available for discretionary purposes, such as debt repayment or dividend distribution.