Heritage Net Income From Continuing Ops from 2010 to 2024

HGBL Stock  USD 1.62  0.01  0.62%   
Heritage Global Net Income From Continuing Ops yearly trend continues to be quite stable with very little volatility. Net Income From Continuing Ops may rise above about 18.4 M this year. From the period between 2010 and 2024, Heritage Global, Net Income From Continuing Ops regression line of its data series had sample variance of 307.4 T and sample variance of 307.4 T. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2016-12-31
Previous Quarter
2.5 M
Current Value
1.1 M
Quarterly Volatility
2.1 M
 
Covid
Check Heritage Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 488.3 K, Interest Expense of 307.8 K or Selling General Administrative of 13.6 M, as well as many indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.22 or PTB Ratio of 1.59. Heritage financial statements analysis is a perfect complement when working with Heritage Global Valuation or Volatility modules.
  
Check out the analysis of Heritage Global Correlation against competitors.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.

Latest Heritage Global's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Heritage Global over the last few years. It is Heritage Global's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Global's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Heritage Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(4,758,950)
Coefficient Of Variation(368.42)
Mean Deviation15,258,307
Median14,000
Standard Deviation17,533,139
Sample Variance307.4T
Range44.9M
R-Value0.95
Mean Square Error29.2T
R-Squared0.91
Slope3,743,704
Total Sum of Squares4303.8T

Heritage Net Income From Continuing Ops History

202418.4 M
202317.6 M
202215.5 M
20213.1 M
20209.7 M
20193.9 M
20183.8 M

About Heritage Global Financial Statements

Heritage Global investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Heritage Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income From Continuing Ops17.6 M18.4 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out the analysis of Heritage Global Correlation against competitors.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Global. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.27
Revenue Per Share
1.361
Quarterly Revenue Growth
(0.33)
Return On Assets
0.066
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.