Heritage Global Inc. financial data

Symbol
HGBL on Nasdaq
Industry
Services-Business Services, NEC
Location
12625 High Bluff Drive, Suite 305, San Diego, CA
State of incorporation
FL
Fiscal year end
December 31
Former names
Counsel RB Capital Inc. (to 8/14/2013), C2 Global Technologies Inc (to 12/23/2010), ACCERIS COMMUNICATIONS INC (to 8/9/2005), I LINK INC (to 12/3/2003), MEDCROSS INC (to 9/8/1997)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 187 % +13.1%
Quick Ratio 27.8 % +5.47%
Debt-to-equity 38.6 % -13.9%
Return On Equity 18.1 % -51.3%
Return On Assets 13.1 % -49.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.3M shares +0.53%
Common Stock, Shares, Outstanding 36.9M shares +0.12%
Entity Public Float 106M USD +150%
Common Stock, Value, Issued 373K USD +0.54%
Weighted Average Number of Shares Outstanding, Basic 36.7M shares +0.11%
Weighted Average Number of Shares Outstanding, Diluted 36.8M shares -2.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 55M USD -2.11%
Costs and Expenses 44.5M USD -3.27%
Operating Income (Loss) 13.4M USD -1.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 13.1M USD -2.52%
Income Tax Expense (Benefit) 1.91M USD +325%
Net Income (Loss) Attributable to Parent 11.2M USD -37.6%
Earnings Per Share, Basic 0.3 USD/shares -40%
Earnings Per Share, Diluted 0.3 USD/shares -37.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24.6M USD +63.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.05M USD -64%
Inventory, Net 4.29M USD -15.1%
Assets, Current 35.9M USD +10.4%
Deferred Income Tax Assets, Net 8.16M USD -10.2%
Property, Plant and Equipment, Net 1.71M USD -1.89%
Operating Lease, Right-of-Use Asset 2.21M USD -22.5%
Intangible Assets, Net (Excluding Goodwill) 3.56M USD -9.9%
Goodwill 7.45M USD 0%
Other Assets, Noncurrent 64K USD -8.57%
Assets 90M USD +12.7%
Employee-related Liabilities, Current 4.42M USD -5.09%
Liabilities, Current 18M USD +5.57%
Operating Lease, Liability, Noncurrent 1.58M USD -27.4%
Liabilities 24.2M USD -5.65%
Retained Earnings (Accumulated Deficit) -229M USD +4.65%
Stockholders' Equity Attributable to Parent 65.8M USD +21.3%
Liabilities and Equity 90M USD +12.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.68M USD -81.3%
Net Cash Provided by (Used in) Financing Activities -497K USD -155%
Net Cash Provided by (Used in) Investing Activities 2.12M USD
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 37.3M shares +0.53%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Interest Paid, Excluding Capitalized Interest, Operating Activities 92K USD +87.8%
Deferred Tax Assets, Valuation Allowance 2.2M USD
Deferred Tax Assets, Gross 12.9M USD -16.5%
Operating Lease, Liability 2.32M USD -21.4%
Payments to Acquire Property, Plant, and Equipment 22K USD -75.3%
Lessee, Operating Lease, Liability, to be Paid 2.55M USD -23.8%
Property, Plant and Equipment, Gross 2.05M USD +14.6%
Operating Lease, Liability, Current 740K USD -4.76%
Lessee, Operating Lease, Liability, to be Paid, Year Two 661K USD -16.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 397K USD +3.12%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 478K USD -41.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 225K USD -41.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 649K USD -1.96%
Deferred Tax Assets, Operating Loss Carryforwards 11M USD -21.9%
Preferred Stock, Shares Issued 563 shares 0%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 4.4M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 543K USD -16.3%
Additional Paid in Capital 295M USD +0.27%
Preferred Stock, Shares Outstanding 563 shares 0%
Amortization of Intangible Assets 98K USD -2%
Deferred Tax Assets, Net of Valuation Allowance 9.12M USD -3.54%
Preferred Stock, Par or Stated Value Per Share 10 USD/shares 0%