Heartland Financial USA, Inc. HTLFP NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score

59/100

2/7 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Heartland Financial USA, Inc. (HTLFP) reported total assets of $19.41B and total liabilities of $17.48B for fiscal year 2023, resulting in total equity of $1.93B.

The company held $323.01M in cash and short-term investments. Total debt stood at $1.02B, with net debt of $699.73M. The Debt-to-Equity (D/E) ratio was 0.53 (moderate).

Current ratio is 2.12, indicating strong short-term liquidity. Interest coverage is 0.4x (weak).

Criteria supported by this page:

HEALTH (50/100, Partial) — some metrics are adequate but not all reach ideal thresholds
MOAT (66/100) — Total assets $19.41B and equity $1.93B support the company's competitive scale
VALUE (85/100) — Debt-to-Equity 0.53 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 59/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

59/100

SG Score

View full scorecard →

✓

VALUE

85/100

Price-to-Earnings & upside

→ Valuation

FUTURE

40/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

HEALTH

50/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

66/100

→ Income

✗

GROWTH

15/100

→ Income

INCOME

55/100

→ Income

Heartland Financial USA, Inc. Balance Sheet History

Metric	FY2023	FY2022	FY2021	FY2020
Total Assets	$19.41B	$20.24B	$19.27B	$17.91B
Total Liabilities	$17.48B	$18.51B	$17.09B	$15.83B
Total Debt	$1.02B	$747.87M	$503.67M	$624.91M
Cash & Investments	$323.01M	$2.11B	$438.49M	$341.03M
Total Stockholders Equity	$1.93B	$1.74B	$2.18B	$2.08B