Heritage Global Inc. financial data

Symbol
HGBL on Nasdaq
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%