Heritage Global Inc. (HGBL)

Heritage Global Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	24.58	12.28	12.67	13.62	23.39	2.73
Cash & Short-Term Investments	24.58	12.28	12.67	13.62	23.39	2.73
Cash Growth	63.51%	-3.06%	-7.01%	-41.75%	757.22%	-36.08%
Accounts Receivable	1.05	1.91	0.99	2.73	1.5	1.86
Receivables	6.11	8.49	5.49	4.99	2.83	3.15
Inventory	4.29	5.07	4.62	3.22	0.24	0.1
Other Current Assets	0.95	0.45	1.11	1.46	0.5	0.78
Total Current Assets	35.94	26.29	23.89	23.28	26.95	6.77
Property, Plant & Equipment	3.93	4.24	4.35	4.17	1.09	1.7
Long-Term Investments	22.38	21.36	13.97	4.68	2.4	2.52
Goodwill	7.45	7.45	7.45	7.45	5.59	5.59
Other Intangible Assets	3.56	3.75	4.14	4.57	3.12	3.39
Long-Term Deferred Tax Assets	8.16	9.12	9.45	4.49	4.4	0.37
Other Long-Term Assets	0.06	0.07	0.06	0.05	0.25	0.21
Total Assets	90	83.17	67.56	50.46	44.56	21.92
Accounts Payable	4.81	0.16	0.2	0.39	0.39	0.27
Accrued Expenses	-	5.24	5.08	2.27	3.5	2.78
Current Portion of Long-Term Debt	1.8	1.73	3.41	2.48	-	0.44
Current Portion of Leases	0.74	0.79	0.7	0.5	0.38	0.58
Current Unearned Revenue	0.3	0.5	0.28	0.41	-	-
Other Current Liabilities	10.38	6.32	6.55	8.18	9.72	5.06
Total Current Liabilities	18.03	14.73	16.23	14.22	13.99	9.13
Long-Term Debt	4.58	5.5	0.87	1.35	-	-
Long-Term Leases	1.58	1.86	2.16	2.25	0.62	0.94
Total Liabilities	24.19	22.09	19.26	17.83	14.61	10.07
Common Stock	0.38	0.38	0.38	0.37	0.36	0.3
Additional Paid-In Capital	294.96	294.52	293.59	293.03	293.4	285.1
Retained Earnings	-228.73	-233.03	-245.27	-260.76	-263.82	-273.47
Treasury Stock	-0.79	-0.79	-0.4	-	-	-
Comprehensive Income & Other	-	-	-	-	-	-0.08
Shareholders' Equity	65.81	61.08	48.3	32.64	29.94	11.85
Total Liabilities & Equity	90	83.17	67.56	50.46	44.56	21.92
Total Debt	8.7	9.88	7.15	6.58	1	1.96
Net Cash (Debt)	15.88	2.4	5.52	7.04	22.38	0.77
Net Cash Growth	295.69%	-56.45%	-21.63%	-68.54%	2802.98%	-70.93%
Net Cash Per Share	0.43	0.06	0.15	0.19	0.68	0.03
Filing Date Shares Outstanding	36.95	36.76	36.69	36.6	35.36	29.35
Total Common Shares Outstanding	36.95	36.76	36.69	36.57	35.28	29.34
Working Capital	17.91	11.56	7.67	9.06	12.96	-2.36
Book Value Per Share	1.78	1.66	1.32	0.89	0.85	0.40
Tangible Book Value	54.81	49.88	36.71	20.63	21.24	2.87
Tangible Book Value Per Share	1.48	1.36	1.00	0.56	0.60	0.10
Land	-	0.4	0.4	0.4	-	-
Buildings	-	0.99	0.99	0.99	-	-
Machinery	-	0.3	0.23	0.11	0.2	0.21

Source: S&P Capital IQ. Standard template. Financial Sources.