Heritage Global Net Worth
Heritage Global Net Worth Breakdown | HGBL |
Heritage Global Net Worth Analysis
Heritage Global's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Heritage Global's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Heritage Global's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Heritage Global's net worth analysis. One common approach is to calculate Heritage Global's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Heritage Global's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Heritage Global's net worth. This approach calculates the present value of Heritage Global's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Heritage Global's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Heritage Global's net worth. This involves comparing Heritage Global's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Heritage Global's net worth relative to its peers.
Enterprise Value |
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To determine if Heritage Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heritage Global's net worth research are outlined below:
| Heritage Global may become a speculative penny stock | |
| About 16.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Insider Selling Heritage Global Inc. Insider Sells 10,000 Shares of Stock |
Heritage Global Quarterly Good Will |
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Heritage Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heritage Global. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heritage Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Heritage Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Heritage Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heritage Global backward and forwards among themselves. Heritage Global's institutional investor refers to the entity that pools money to purchase Heritage Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ridgewood Investments Llc | 2024-09-30 | 223.6 K | Connective Capital Management Llc | 2024-06-30 | 207.5 K | Mutual Advisors, Llc | 2024-09-30 | 167.5 K | Blackrock Inc | 2024-06-30 | 136.8 K | Ameriprise Financial Inc | 2024-06-30 | 106.6 K | State Street Corp | 2024-06-30 | 103 K | Citadel Advisors Llc | 2024-09-30 | 96.5 K | First Trust Advisors L.p. | 2024-06-30 | 87.1 K | Man Group Plc | 2024-09-30 | 62.8 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 2.5 M | Vanguard Group Inc | 2024-09-30 | 1.9 M |
Follow Heritage Global's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.33 M.Market Cap |
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Project Heritage Global's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.17 | 0.18 | |
| Return On Capital Employed | 0.21 | 0.18 | |
| Return On Assets | 0.15 | 0.16 | |
| Return On Equity | 0.20 | 0.21 |
When accessing Heritage Global's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Heritage Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heritage Global's profitability and make more informed investment decisions.
Evaluate Heritage Global's management efficiency
Heritage Global has return on total asset (ROA) of 0.066 % which means that it generated a profit of $0.066 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1677 %, meaning that it created $0.1677 on every $100 dollars invested by stockholders. Heritage Global's management efficiency ratios could be used to measure how well Heritage Global manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Heritage Global's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.16 this year, although the value of Return On Capital Employed will most likely fall to 0.18. At this time, Heritage Global's Net Tangible Assets are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.18 this year, although the value of Other Assets will most likely fall to 0.95.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.67 | 1.58 | |
| Tangible Book Value Per Share | 1.36 | 2.59 | |
| Enterprise Value Over EBITDA | 6.71 | 6.38 | |
| Price Book Value Ratio | 1.67 | 1.59 | |
| Enterprise Value Multiple | 6.71 | 6.38 | |
| Price Fair Value | 1.67 | 1.59 | |
| Enterprise Value | 99.6 M | 104.5 M |
Heritage Global's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue 0.7737 | Revenue 49.9 M | Quarterly Revenue Growth (0.33) | Revenue Per Share 1.361 | Return On Equity 0.1677 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heritage Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Heritage Global time-series forecasting models is one of many Heritage Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Heritage Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Heritage Global Earnings per Share Projection vs Actual
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.