HGBL
Price:
$1.66
Market Cap:
$61.99M
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...[Read more]
Industry
Financial - Capital Markets
IPO Date
1993-03-23
Stock Exchange
NASDAQ
Ticker
HGBL
According to Heritage Global Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.78. This represents a change of -6.55% compared to the average of 1.91 of the last 4 quarters.
The mean historical Current Ratio of Heritage Global Inc. over the last ten years is 1.03. The current 1.78 Current Ratio has changed 17.21% with respect to the historical average. Over the past ten years (40 quarters), HGBL's Current Ratio was at its highest in in the March 2021 quarter at 2.76. The Current Ratio was at its lowest in in the March 2016 quarter at 0.30.
Average
1.03
Median
0.75
Minimum
0.35
Maximum
1.93
Discovering the peaks and valleys of Heritage Global Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 158.78%
Maximum Annual Current Ratio = 1.93
Minimum Annual Increase = -32.61%
Minimum Annual Current Ratio = 0.35
Year | Current Ratio | Change |
---|---|---|
2023 | 1.78 | 21.19% |
2022 | 1.47 | -10.05% |
2021 | 1.64 | -15.04% |
2020 | 1.93 | 158.78% |
2019 | 0.74 | -1.40% |
2018 | 0.76 | 116.63% |
2017 | 0.35 | -32.61% |
2016 | 0.52 | 13.50% |
2015 | 0.46 | -31.06% |
2014 | 0.66 | -5.24% |
The current Current Ratio of Heritage Global Inc. (HGBL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.63
5-year avg
1.51
10-year avg
1.03
Heritage Global Inc.’s Current Ratio is less than Scully Royalty Ltd. (8.00), less than Mercurity Fintech Holding Inc. (1.93), greater than Donnelley Financial Solutions, Inc. (1.15), less than Oppenheimer Holdings Inc. (5.21), less than Top KingWin Ltd (2.48), greater than Nomura Holdings, Inc. (0), less than SAI.TECH Global Corporation (17.83), less than Piper Sandler Companies (30.82), greater than Houlihan Lokey, Inc. (1.41), less than StoneX Group Inc. (779.17), less than eBullion, Inc. (2.83), less than APAC Resources Limited (7.75), less than Armada Mercantile Ltd. (11.82), less than Arcane Crypto AB (3.03), less than Cypherpunk Holdings Inc. (18.13), less than Cipher Mining Inc. (2.57), greater than TeraWulf Inc. (1.00), less than Iris Energy Limited (8.87), greater than Stronghold Digital Mining, Inc. (0.27), greater than Argo Blockchain plc (0.52),
Company | Current Ratio | Market cap |
---|---|---|
8.00 | $107.31M | |
1.93 | $443.38M | |
1.15 | $1.74B | |
5.21 | $614.41M | |
2.48 | $89.59M | |
0 | $17.64B | |
17.83 | $18.48M | |
30.82 | $6.10B | |
1.41 | $13.21B | |
779.17 | $3.33B | |
2.83 | $24.96M | |
7.75 | $143.53M | |
11.82 | $5.16M | |
3.03 | $24.16M | |
18.13 | $143.98M | |
2.57 | $1.96B | |
1.00 | $2.54B | |
8.87 | $1.80B | |
0.27 | $67.64M | |
0.52 | $63.16M |
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