Heritage Short Term Debt from 2010 to 2024

HGBL Stock  USD 1.72  0.06  3.61%   
Heritage Global Short Term Debt yearly trend continues to be quite stable with very little volatility. The value of Short Term Debt is projected to decrease to about 3.1 M. From the period between 2010 and 2024, Heritage Global, Short Term Debt regression line of its data series had standard deviation of  2,613,512 and standard deviation of  2,613,512. View All Fundamentals
 
Short Term Debt  
First Reported
1990-03-31
Previous Quarter
3.3 M
Current Value
1.3 M
Quarterly Volatility
15.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Heritage Global over the last few years. It is Heritage Global's Short Term Debt 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.
Short Term Debt10 Years Trend
Pretty Stable
   Short Term Debt   
       Timeline  

Heritage Short Term Debt Regression Statistics

Arithmetic Mean2,800,563
Geometric Mean1,950,116
Coefficient Of Variation93.32
Mean Deviation1,751,059
Median3,091,000
Standard Deviation2,613,512
Sample Variance6.8T
Range10.5M
R-Value(0.15)
Mean Square Error7.2T
R-Squared0.02
Significance0.59
Slope(88,589)
Total Sum of Squares95.6T

Heritage Short Term Debt History

20243.1 M
20233.3 M
20224.1 M
20213.5 M
2020760 K
2019980 K
20181.2 M

About Heritage Global Financial Statements

Heritage Global investors utilize fundamental indicators, such as Short Term Debt, 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
Short Term Debt3.3 M3.1 M

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.