Heritage Global Inc. (HGBL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 23.76M | 33.59M | 31.8M | 32.11M | 29.49M | 33.13M | 36.96M | 35.94M | 28.87M | 26.29M | 33.88M | 32.55M | 30.16M | 23.89M | 26.48M | 25.03M | 24.15M | 23.28M | 19.82M | 21.96M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 58.92 | 68.07 | 53.97 | 12.18 | 10.77 | 10.41 | 8.51 | 34.52 | 34.73 | 12.34 | 17.16 | 14.63 | 6.2 | 8.84 | 13.01 | 19.71 | 27 | 37.42 | 45.32 | 42.29 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | -3.43M | 756K | -4.4M | 841K | 542K | 1.06M | 833K | 953K | 490K | 7.03M | 681K | 988K | 1.13M | 1.11M | 1.16M | 1.18M | 1.22M | 1.46M | 675K | 676K |
| Total Non-Current Assets | 61.23M | 54.84M | 54.7M | 55.58M | 57.19M | 48.18M | 51.57M | 54.07M | 54.83M | 59.1M | 50.56M | 47.33M | 45.39M | 43.67M | 28.54M | 28.45M | 27.96M | 27.18M | 25.53M | 20.83M |
| Property, Plant & Equipment | 13.37M | 12.4M | 11.18M | 10.99M | 11.09M | 3.85M | 4.07M | 3.93M | 4.06M | 4.24M | 4.43M | 4.6M | 4.25M | 4.35M | 4.41M | 3.9M | 4.03M | 4.17M | 4.29M | 3.05M |
| Fixed Asset Turnover | 0.99x | 1.01x | 1.02x | 1.30x | 1.80x | 2.72x | 2.60x | 3.01x | 2.93x | 3.53x | 3.45x | 2.96x | 3.86x | 3.16x | 3.05x | 2.79x | 2.28x | 1.78x | 1.63x | 2.58x |
| Goodwill | 12.75M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.45M | 7.26M | 5.58M |
| Intangible Assets | 6.07M | 3.1M | 3.16M | 3.23M | 3.3M | 3.36M | 3.46M | 3.56M | 3.65M | 3.75M | 3.85M | 3.95M | 4.05M | 4.14M | 4.25M | 4.36M | 4.46M | 4.57M | 4.26M | 2.99M |
| Long-Term Investments | 19.44M | 21.06M | 21.33M | 21.28M | 21.69M | 20.89M | 21.45M | 22.38M | 30.97M | 32.25M | 16.13M | 15.78M | 13.33M | 13.97M | 8.5M | 8.24M | 6.54M | 4.68M | 3.33M | 2.89M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 84.99M | 88.44M | 86.51M | 87.69M | 86.68M | 81.31M | 88.53M | 90M | 83.71M | 85.39M | 84.44M | 79.88M | 75.55M | 67.56M | 55.02M | 53.48M | 52.11M | 50.46M | 45.35M | 42.8M |
| Asset Turnover | 0.15x | 0.14x | 0.13x | 0.16x | 0.16x | 0.13x | 0.12x | 0.14x | 0.14x | 0.18x | 0.19x | 0.17x | 0.23x | 0.23x | 0.23x | 0.21x | 0.18x | 0.16x | 0.14x | 0.13x |
| Asset Growth % | -1.95% | 8.77% | -2.28% | -2.57% | 3.56% | -4.78% | 4.84% | 12.67% | 10.8% | 26.39% | 53.48% | 49.37% | 44.99% | 33.88% | 21.31% | 24.96% | 33.65% | 13.26% | 69.44% | 82.69% |
| Total Current Liabilities | 12.21M | 15.54M | 13.89M | 15.67M | 14.77M | 14.6M | 20.72M | 18.02M | 13.92M | 14.73M | 20.08M | 17.07M | 21.54M | 16.23M | 13.46M | 14.49M | 15.38M | 14.22M | 9.93M | 9.33M |
| Accounts Payable | 0 | 341K | 0 | 14.72M | 13.69M | 7.42M | 19.39M | 15.49M | 4.26M | 4.97M | 15.99M | 14.62M | 16.32M | 3.19M | 12.21M | 11.9M | 12.9M | 6.45M | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 818K | 829K | 823K | 134K | 265K | 395K | 525K | 1.8M | 1.76M | 1.73M | 3.3M | 1.68M | 4.53M | 3.41M | 531K | 1.98M | 1.98M | 2.48M | 531K | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 11.39M | 14.37M | 13.06M | 0 | 0 | 0 | 0 | 0 | 6.82M | 6.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.9M | 8.83M |
| Current Ratio | 1.95x | 2.16x | 2.29x | 2.05x | 2.00x | 2.27x | 1.78x | 1.99x | 2.07x | 1.78x | 1.69x | 1.91x | 1.40x | 1.47x | 1.97x | 1.73x | 1.57x | 1.64x | 2.00x | 2.35x |
| Quick Ratio | 1.95x | 2.16x | 2.29x | 2.05x | 2.00x | 2.27x | 1.78x | 1.99x | 2.07x | 1.78x | 1.69x | 1.91x | 1.40x | 1.47x | 1.97x | 1.73x | 1.57x | 1.64x | 2.00x | 2.35x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 5.01M | 5.92M | 6.13M | 6.31M | 6.49M | 1.51M | 1.68M | 6.16M | 6.75M | 9.58M | 7.96M | 8.56M | 2.78M | 3.04M | 3.29M | 3.01M | 3.36M | 3.6M | 3.84M | 2.48M |
| Long-Term Debt | 619K | 790K | 976K | 4.1M | 4.1M | 0 | 0 | 4.58M | 5.04M | 5.5M | 5.94M | 6.38M | 748K | 871K | 993K | 1.11M | 1.23M | 1.35M | 1.47M | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 17.22M | 21.46M | 20.01M | 21.98M | 21.26M | 16.11M | 22.4M | 24.19M | 20.67M | 24.31M | 28.04M | 25.64M | 24.32M | 19.26M | 16.74M | 17.51M | 18.74M | 17.82M | 13.77M | 11.81M |
| Total Debt | 1.44M | 1.62M | 1.8M | 6.21M | 6.51M | 2.71M | 3.01M | 8.7M | 9.29M | 9.88M | 12.05M | 11.02M | 7.99M | 7.15M | 4.53M | 5.6M | 5.84M | 6.58M | 4.87M | 2.98M |
| Net Debt | -10.13M | -18.9M | -17.64M | -13.64M | -12.27M | -19.04M | -23.56M | -15.88M | -6.28M | -2.4M | -3.53M | -4.01M | -7.74M | -5.52M | -12.95M | -10.47M | -9.25M | -7.04M | -8.37M | -14.55M |
| Debt / Equity | 0.02x | 0.02x | 0.03x | 0.09x | 0.10x | 0.04x | 0.05x | 0.13x | 0.15x | 0.16x | 0.21x | 0.20x | 0.16x | 0.15x | 0.12x | 0.16x | 0.18x | 0.20x | 0.15x | 0.10x |
| Debt / EBITDA | 1.67x | 1.40x | 1.13x | 2.31x | 4.28x | 1.18x | 1.84x | 2.17x | 3.44x | 2.10x | 4.15x | 3.42x | 1.99x | 2.18x | 1.26x | 1.49x | 5.80x | 4.31x | 7.63x | 17.42x |
| Net Debt / EBITDA | -11.81x | -16.34x | -11.06x | -5.07x | -8.07x | -8.30x | -14.45x | -3.95x | -2.33x | -0.51x | -1.22x | -1.25x | -1.93x | -1.68x | -3.59x | -2.79x | -9.18x | -4.61x | -13.12x | -85.06x |
| Interest Coverage | 25.25x | - | - | - | - | - | - | 16.75x | 19.25x | 46.01x | 49.59x | 30.70x | 57.26x | 185.12x | 165.43x | 97.95x | 23.03x | 45.68x | 88.83x | - |
| Total Equity | 67.77M | 66.98M | 66.5M | 65.71M | 65.43M | 65.2M | 66.13M | 65.81M | 63.03M | 61.08M | 56.4M | 54.24M | 51.23M | 48.3M | 38.27M | 35.97M | 33.37M | 32.64M | 31.58M | 30.98M |
| Equity Growth % | 3.58% | 2.73% | 0.56% | -0.16% | 3.8% | 6.75% | 17.25% | 21.33% | 23.03% | 26.46% | 47.36% | 50.79% | 53.54% | 47.98% | 21.18% | 16.11% | 7.91% | 9% | 97.93% | 119.54% |
| Book Value per Share | 1.94 | 1.89 | 1.89 | 1.85 | 1.81 | 1.77 | 1.78 | 1.79 | 1.69 | 1.63 | 1.50 | 1.44 | 1.37 | 1.30 | 1.03 | 0.97 | 0.91 | 0.88 | 0.85 | 0.84 |
| Total Shareholders' Equity | 67.77M | 66.98M | 66.5M | 65.71M | 65.43M | 65.2M | 66.13M | 65.81M | 63.03M | 61.08M | 56.4M | 54.24M | 51.23M | 48.3M | 38.27M | 35.97M | 33.37M | 32.64M | 31.58M | 30.98M |
| Common Stock | 377K | 376K | 376K | 376K | 376K | 374K | 373K | 373K | 373K | 372K | 372K | 371K | 371K | 369K | 369K | 367K | 367K | 366K | 366K | 363K |
| Retained Earnings | -223.54M | -224.26M | -224.56M | -225.14M | -226.78M | -227.84M | -227.64M | -228.73M | -231.23M | -233.03M | -237.92M | -239.89M | -242.67M | -245.27M | -255.24M | -257.54M | -260.12M | -260.76M | -261.72M | -262.2M |
| Treasury Stock | 0 | -5.62M | 0 | -5.62M | -4.03M | -2.99M | -1.85M | -794K | -794K | -794K | -395K | -395K | -395K | -395K | -296K | -105K | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |