HGBL - NASDAQ

Heritage Global Inc.

HGBL·NASDAQ

$1.46

-0.68%

Financial ServicesFinancial - Capital Markets

Heritage Global, Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company provides market making, acquisitions, dispositions, valuations, and secured lending services. It focuses on identifying, valuing, acquiring, and monetizing underlying tangible and intangible assets. Heritage Global Inc. acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; accounts receivable portfolios; intellectual property; and business enterprises. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$50.72M

EPS0.1000

P/E Ratio12.04

Earnings Date05/06/2026

88.44M

Assets

3Y+31.0%

5Y+98.0%

10Y+484.0%

21.46M

Total Liabilities

33%

3Y+11.0%

5Y+47.0%

10Y+84.0%

66.98M

Total Equity

3Y+39.0%

5Y+124.0%

10Y+1817.0%

Heritage Global Inc. Funding & Solvency Profile

HGBL · NASDAQ

Current Assets

Cash & Cash Equivalents20.52M

Net Receivables6.38M

Inventory5.93M

Other Current Assets756.00K

Total Current Assets34 M

Non-Current Assets

Property, Plant & Equipment12.40M

Goodwill & Intangible Assets10.55M

Long-Term Investments21.06M

Other Non-Current Assets6.43M

Total Non-Current Assets40 M

Total Assets

88.44M

Financial Health Analysis

Current Ratio

2.16x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.32x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

18 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

38% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Heritage Global Inc. Balance Sheet

HGBL • NASDAQ

Heritage Global Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	20.5M	21.7M	12.3M	12.7M	13.6M	23.4M	2.7M	4.3M	2.1M	2.5M	2.8M	3.8M	3.2M	5.8M	6.7M	2.6M	93K	4.1M	67K	3K
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	173K	17K	1.5M	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	20.5M	21.7M	12.3M	12.7M	13.6M	23.4M	2.7M	4.3M	2.1M	2.5M	2.8M	3.8M	3.2M	5.8M	6.7M	2.6M	93K	4.1M	67K	3K
Net Receivables	6.4M	5M	1.9M	988K	2.7M	2.8M	3.2M	400K	384K	1.2M	639K	2.9M	1.7M	1.1M	1.5M	595K	1.7M	0.0	0.0	0.0
Accounts Receivables	6.4M	1.6M	1.2M	988K	2.7M	1.5M	1.9M	400K	384K	1.2M	639K	2.9M	1.7M	1.1M	917K	124K	1M	0.0	0.0	0.0
Other Receivables	0.0	3.4M	700K	0.0	0.0	1.3M	1.3M	0.0	0.0	0.0	0.0	0.0	0.0	12K	148K	392K	653K	0.0	0.0	0.0
Inventory	5.9M	5.3M	5.1M	4.6M	3.2M	235K	104K	2.4M	170K	263K	395K	139K	578K	820K	1M	2.6M	442K	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	173K	17K	1.5M	69K	0.0	0.0	0.0	0.0	0.0
Other Current Assets	756K	1.1M	7M	5.6M	3.7M	498K	784K	607K	357K	393K	453K	587K	1.8M	2.3M	2.6M	3.1M	839K	952K	1M	70K
Total Current Assets	33.6M	33.1M	26.3M	23.9M	23.3M	27M	6.8M	7.7M	3M	4.4M	4.3M	7.6M	7.3M	13M	11.8M	8.9M	3.3M	5M	1.1M	73K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	12.4M	3.9M	4.2M	4.3M	4.2M	1.1M	1.7M	175K	145K	156K	110K	150K	32K	52K	19K	0.0	-729K	0.0	-1.5M	0.0
Goodwill	7.4M	7.4M	7.4M	7.4M	7.4M	5.6M	5.6M	6.2M	6.2M	6.2M	6.2M	8.8M	5.3M	5.3M	573K	0.0	173K	173K	173K	173K
Intangible Assets	3.1M	3.4M	3.8M	4.1M	4.6M	3.1M	3.4M	3.6M	3.9M	4.1M	4.4M	7.7M	4.8M	5.3M	0.0	0.0	0.0	0.0	20K	40K
Goodwill & Intangible Assets	10.5M	10.8M	11.2M	11.6M	12M	8.7M	9M	9.8M	10M	10.3M	10.5M	16.5M	10.1M	10.6M	573K	0.0	173K	173K	193K	213K
Long-Term Investments	21.1M	20.9M	21.4M	14M	4.7M	2.4M	2.5M	2.8M	14K	0.0	17K	1.1M	3.1M	6M	6.2M	6.3M	6.7M	242K	519K	0.0
Tax Assets	4.4M	6M	9.1M	9.4M	4.5M	4.4M	372K	0.0	-14K	0.0	0.0	0.0	23.3M	25.6M	26.4M	2.2M	729K	875K	1M	0.0
Other Non-Current Assets	6.4M	6.6M	11M	4.3M	1.8M	998K	1.6M	224K	250K	275K	3.9M	6.5M	6.1M	6.1M	2.1M	-655K	1.4M	-875K	519K	1.1M
Total Non-Current Assets	54.8M	48.2M	56.9M	43.7M	27.2M	17.6M	15.1M	13M	10.4M	10.7M	14.5M	24.3M	42.7M	48.4M	35.3M	7.8M	8.3M	415K	712K	1.3M
Total Assets	88.4M	81.3M	83.2M	67.6M	50.5M	44.6M	21.9M	20.6M	13.5M	15.1M	18.8M	31.9M	50M	61.3M	47.1M	16.7M	11.6M	5.4M	1.8M	1.4M
LIABILITIES
CURRENT LIABILITIES
Total Payables	341K	8.4M	159K	195K	392K	10.6M	274K	285K	423K	243K	489K	462K	256K	3.5M	488K	1.2M	1.5M	95K	169K	550K
Accounts Payable	341K	7.4M	5M	3.2M	6.5M	0.0	0.0	3.1M	2.5M	3.2M	3.5M	2.4M	3.6M	2.2M	0.0	1.2M	1.5M	95K	107K	550K
Other Payables	0.0	996K	-4.8M	-3M	-6.1M	10.6M	274K	-2.8M	-2.1M	-2.9M	-3M	-1.9M	-3.4M	1.2M	488K	0.0	26K	0.0	62K	0.0
Accrued Expenses	0.0	4.4M	4.4M	4.7M	3.4M	3M	2.5M	2.5M	1.5M	1.7M	2.3M	2.3M	1M	957K	628K	848K	91K	87K	114K	0.0
Short Term Debt	829K	395K	1.7M	3.4M	2.5M	0.0	980K	1.2M	738K	664K	1.7M	3.5M	4M	10.9M	3.1M	4.5M	6.2M	0.0	2.3M	1.3M
Capital Lease Obligations (Current)	0.0	807K	789K	703K	501K	380K	577K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	493K	626K	220K	226K	831K	113K	293K	342K	935K	1.4M	1.2M	966K	552K	327K	198K	26K	62K	0.0	0.0
Deferred Revenue	0.0	550K	497K	279K	407K	0.0	-274K	600K	102K	3.6M	108K	503K	50K	552K	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	14.4M	0.0	7.1M	7M	7M	0.0	5.1M	6.2M	6M	5.9M	4.9M	5.2M	5.2M	0.0	0.0	-6.9M	-91K	290K	119K	0.0
Total Current Liabilities	15.5M	14.6M	14.7M	16.2M	14.2M	14M	9.1M	10.2M	8.7M	8.6M	9.4M	11.5M	10.5M	15.3M	4.2M	7.2M	7.7M	472K	2.7M	1.9M
NON-CURRENT LIABILITIES
Long Term Debt	4.1M	0.0	5.5M	871K	1.4M	0.0	35K	438K	786K	348K	2.5M	2.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-512K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	584K	512K	960K	960K	960K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	1M	0.0	0.0	0.0	0.0	0.0	0.0	1.8M	0.0	1.8M	2.6M	3.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	5.9M	1.5M	7.4M	3M	3.6M	623K	977K	2.9M	1.3M	3.1M	6.1M	6.9M	0.0	0.0	3.9M	7M	7.6M	0.0	402K	1.8M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.9M	-7M	-7.6M	0.0	-402K	-1.8M
Capital Lease Obligations	790K	2.3M	2.6M	2.9M	2.8M	1M	1.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	21.5M	16.1M	22.1M	19.3M	17.8M	14.6M	10.1M	13M	10M	11.7M	15.4M	18.4M	10.5M	15.3M	4.2M	7.2M	7.7M	472K	2.7M	1.9M
SHAREHOLDERS' EQUITY
Treasury Stock	-5.6M	-3M	-794K	-395K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K	6K
Common Stock	376K	374K	372K	369K	366K	353K	293K	293K	285K	285K	285K	282K	282K	290K	271K	259K	227K	227K	231K	231K
Additional Paid-In Capital	296.5M	295.7M	294.5M	293.6M	293M	293.4M	285.1M	284.8M	284.4M	284.1M	284M	283.7M	283.2M	283.3M	278.4M	275.6M	274.7M	274.8M	274.7M	274.5M
Retained Earnings	-224.3M	-227.8M	-233M	-245.3M	-260.8M	-263.8M	-273.5M	-277.4M	-281.1M	-280.9M	-280.9M	-270.5M	-244M	-237.6M	-235.7M	-266.5M	-271.3M	-270M	-275.9M	-275.2M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	-77K	-77K	-75K	-71K	-54K	-34K	-44K	-7K	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	67M	65.2M	61.1M	48.3M	32.6M	29.9M	11.8M	7.6M	3.5M	3.5M	3.4M	13.5M	39.5M	46M	42.9M	9.4M	3.7M	5M	-941K	-469K
Total Equity	67M	65.2M	61.1M	48.3M	32.6M	29.9M	11.8M	7.6M	3.5M	3.5M	3.4M	13.5M	39.5M	46M	42.9M	9.4M	4M	5M	-941K	-469K
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	302K	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	88.4M	81.3M	83.2M	67.6M	50.5M	44.6M	21.9M	20.6M	13.5M	15.1M	18.8M	31.9M	50M	61.3M	47.1M	16.7M	11.6M	5.4M	1.8M	1.4M
Total Investments	21.1M	20.9M	21.4M	14M	4.7M	2.4M	2.5M	2.8M	14K	0.0	17K	1.1M	3.1M	6M	6.2M	6.3M	6.7M	242K	519K	0.0
Total Debt	5.7M	2.7M	9.9M	7.1M	6.6M	1M	2M	1.6M	1.5M	1M	4.2M	6.1M	4M	10.9M	3.1M	4.5M	4.6M	0.0	2.3M	1.3M
Net Debt	-14.8M	-19M	-2.4M	-5.5M	-7M	-22.4M	-771K	-2.7M	-585K	-1.5M	1.4M	2.3M	758K	5.1M	-3.6M	1.9M	4.5M	-4.1M	2.3M	1.3M
Shares Outstanding	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553	34,741,553

SEC Filings

HGBL - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	April 21, 2026	April 16, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 12, 2026	January 09, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 07, 2025	June 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	June 09, 2025	June 09, 2025	2025	View Filing
10-Q 10-Q 2025 Q1 Q1	May 08, 2025	March 31, 2025	2025	View Filing
DEF 14A DEF 14A 2025 N/A	April 22, 2025	April 18, 2025	2025	View Filing
10-K 10-K 2024 FY FY	March 13, 2025	December 31, 2024	2024	View Filing
8-K 8-K 2025 N/A	February 12, 2025	February 06, 2025	2025	View Filing

Showing 1 to 10 of 298 filings

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