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Heritage Financial HFWA Accounts Receivable Derecognized

Accounts Receivable Derecognized at other companies

Enovix Corporation logo
Enovix CorporationENVX
$0-100%
Heritage Financial logo
Heritage FinancialHFWA
$648K-41.6%
Terex logo
TerexTEX
$702M-1.8%
Vestis logo
VestisVSTS
$614M-1.3%
AGCO logo
AGCOAGCO
$1.24B+0.6%
Otis Worldwide logo
Otis WorldwideOTIS
$3.92B+6.3%

Other financials

Income statement

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Revenue$77.9M+35.3%
Net income$18.9M+36.2%
EPS (diluted)$0.48+20.0%

Balance sheet

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Cash & equivalents$268.1M+7.8%
Total debt$20.0M-92.4%
Total equity$1.1B+26.6%
Total assets$8.5B+19.2%

Cash flow

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Operating cash flow$14.0M-27.4%
CapEx$1.3M+11.2%
Free cash flow$12.7M-29.9%

Valuation

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Market cap$1.19B+29.3%
Enterprise value$946.38M-2.5%
P/E16.5×-1.5×
P/S4.5×+0.4×

Profitability

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Net margin27.2%+4.5pp
FCF margin30.1%+0.4pp

Returns & leverage

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Return on equity7.3%+1.3pp
Debt / equity-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized.

The official record: Heritage Financial’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's accounts receivable derecognized?
Heritage Financial (HFWA) reported accounts receivable derecognized of $648K in Q4 2025.
What is the long-term trend for Heritage Financial's accounts receivable derecognized?
Over 3 years (2022 to 2025), Heritage Financial's accounts receivable derecognized has grown at a -44.5% compound annual growth rate (CAGR), from $3.79M to $648K.
What does accounts receivable derecognized mean?
This metric quantifies the value of accounts receivable that have been removed from the balance sheet through factoring or transfer arrangements. It indicates the extent to which the company converts receivables into immediate cash to improve working capital. High levels of derecognition may signal aggressive cash management or a reliance on external financing for operational liquidity.