Heritage Global Inc. financial data

Symbol
HGBL on Nasdaq
Industry
Services-Business Services, NEC
Location
12625 High Bluff Drive, Suite 305, San Diego, California
State of incorporation
Florida
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
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 185 % +15%
Quick Ratio 29.3 % +14.4%
Debt-to-equity 41.1 % -8.26%
Return On Equity 19.5 % -52.1%
Return On Assets 13.8 % -50.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.2 M shares +0.61%
Common Stock, Shares, Outstanding 36.9 M shares +0.23%
Entity Public Float 106 M USD +150%
Common Stock, Value, Issued 373 K USD +0.54%
Weighted Average Number of Shares Outstanding, Basic 36.6 M shares +1.63%
Weighted Average Number of Shares Outstanding, Diluted 37.4 M shares +0.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 56.1 M USD +3.55%
Costs and Expenses 44.6 M USD -5.76%
Operating Income (Loss) 13 M USD -8.18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 12.6 M USD -9.72%
Income Tax Expense (Benefit) 1.19 M USD -33.1%
Net Income (Loss) Attributable to Parent 11.4 M USD -35.3%
Earnings Per Share, Basic 0.31 USD/shares -36.7%
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 15.6 M USD -0.99%
Accounts Receivable, after Allowance for Credit Loss, Current 1.56 M USD +19.8%
Inventory, Net 4.74 M USD +35.6%
Assets, Current 28.9 M USD -4.26%
Deferred Income Tax Assets, Net 8.64 M USD -0.92%
Property, Plant and Equipment, Net 1.68 M USD +2.81%
Operating Lease, Right-of-Use Asset 2.38 M USD -9.17%
Intangible Assets, Net (Excluding Goodwill) 3.66 M USD -9.66%
Goodwill 7.45 M USD 0%
Other Assets, Noncurrent 64 K USD -13.5%
Assets 83.7 M USD +10.8%
Employee-related Liabilities, Current 4.42 M USD -5.09%
Liabilities, Current 13.9 M USD -35.3%
Operating Lease, Liability, Noncurrent 1.71 M USD -15.9%
Liabilities 20.7 M USD -15%
Retained Earnings (Accumulated Deficit) -231 M USD +4.72%
Stockholders' Equity Attributable to Parent 63 M USD +23%
Liabilities and Equity 83.7 M USD +10.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.68 M USD -81.3%
Net Cash Provided by (Used in) Financing Activities -497 K USD -155%
Net Cash Provided by (Used in) Investing Activities 2.12 M USD
Common Stock, Shares Authorized 300 M shares 0%
Common Stock, Shares, Issued 37.3 M shares +0.64%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Interest Paid, Excluding Capitalized Interest, Operating Activities 92 K USD +87.8%
Deferred Tax Assets, Valuation Allowance 2.2 M USD
Deferred Tax Assets, Gross 12.9 M USD -16.5%
Operating Lease, Liability 2.49 M USD -8.29%
Depreciation 100 K USD 0%
Payments to Acquire Property, Plant, and Equipment 22 K USD -75.3%
Lessee, Operating Lease, Liability, to be Paid 2.75 M USD -10.7%
Property, Plant and Equipment, Gross 2.05 M USD +14.6%
Operating Lease, Liability, Current 779 K USD +14.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 661 K USD -1.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 594 K USD +15.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 478 K USD -41.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 257 K USD -28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 649 K USD +18.9%
Deferred Tax Assets, Operating Loss Carryforwards 11 M USD -21.9%
Preferred Stock, Shares Issued 563 shares -0.35%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 4.4 M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 543 K USD +2.26%
Additional Paid in Capital 295 M USD +0.26%
Preferred Stock, Shares Outstanding 563 shares -0.35%
Current Federal Tax Expense (Benefit) 2.94 M USD +27.2%
Amortization of Intangible Assets 98 K USD -2%
Deferred Tax Assets, Net of Valuation Allowance 9.12 M USD -3.54%
Preferred Stock, Par or Stated Value Per Share 10 USD/shares 0%