Heritage Price To Free Cash Flows Ratio from 2010 to 2024

HGBL Stock  USD 1.62  0.01  0.62%   
Heritage Global Price To Free Cash Flows Ratio yearly trend continues to be quite stable with very little volatility. Price To Free Cash Flows Ratio may rise above 8.39 this year. From the period between 2010 and 2024, Heritage Global, Price To Free Cash Flows Ratio regression line of its data series had sample variance of  446,798 and sample variance of  446,798. View All Fundamentals
 
Price To Free Cash Flows Ratio  
First Reported
2010-12-31
Previous Quarter
7.98827424
Current Value
8.39
Quarterly Volatility
668.42920257
 
Credit Downgrade
 
Yuan Drop
 
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 Price To Free Cash Flows Ratio Growth Pattern

Below is the plot of the Price To Free Cash Flows Ratio of Heritage Global over the last few years. It is Heritage Global's Price To Free Cash Flows Ratio 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.
Price To Free Cash Flows Ratio10 Years Trend
Slightly volatile
   Price To Free Cash Flows Ratio   
       Timeline  

Heritage Price To Free Cash Flows Ratio Regression Statistics

Arithmetic Mean(167.80)
Coefficient Of Variation(398.35)
Mean Deviation322.09
Median7.99
Standard Deviation668.43
Sample Variance446,798
Range2.6K
R-Value0.44
Mean Square Error389,200
R-Squared0.19
Significance0.10
Slope65.34
Total Sum of Squares6.3M

Heritage Price To Free Cash Flows Ratio History

2024 8.39
2023 7.99
2022 13.5
2021 -16.35
2020 8.79
2019 41.43
2018 1.76

About Heritage Global Financial Statements

Heritage Global investors utilize fundamental indicators, such as Price To Free Cash Flows Ratio, 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
Price To Free Cash Flows Ratio 7.99  8.39 

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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.