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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	26.57	12.28	12.67	13.62	23.39	2.73
Cash & Short-Term Investments	26.57	12.28	12.67	13.62	23.39	2.73
Cash Growth	70.57%	-3.06%	-7.01%	-41.75%	757.22%	-36.08%
Accounts Receivable	0.88	1.91	0.99	2.73	1.5	1.86
Receivables	4.84	8.49	5.49	4.99	2.83	3.15
Inventory	4.72	5.07	4.62	3.22	0.24	0.1
Other Current Assets	0.83	0.45	1.11	1.46	0.5	0.78
Total Current Assets	36.96	26.29	23.89	23.28	26.95	6.77
Property, Plant & Equipment	4.07	4.24	4.35	4.17	1.09	1.7
Long-Term Investments	21.45	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	3.46	3.75	4.14	4.57	3.12	3.39
Long-Term Deferred Tax Assets	7.74	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	88.53	83.17	67.56	50.46	44.56	21.92
Accounts Payable	5.77	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	0.53	1.73	3.41	2.48	-	0.44
Current Portion of Leases	0.8	0.79	0.7	0.5	0.38	0.58
Current Unearned Revenue	0.5	0.5	0.28	0.41	-	-
Other Current Liabilities	13.13	6.32	6.55	8.18	9.72	5.06
Total Current Liabilities	20.72	14.73	16.23	14.22	13.99	9.13
Long-Term Debt	-	5.5	0.87	1.35	-	-
Long-Term Leases	1.68	1.86	2.16	2.25	0.62	0.94
Total Liabilities	22.4	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	295.24	294.52	293.59	293.03	293.4	285.1
Retained Earnings	-227.64	-233.03	-245.27	-260.76	-263.82	-273.47
Treasury Stock	-1.85	-0.79	-0.4	-	-	-
Comprehensive Income & Other	-	-	-	-	-	-0.08
Shareholders' Equity	66.13	61.08	48.3	32.64	29.94	11.85
Total Liabilities & Equity	88.53	83.17	67.56	50.46	44.56	21.92
Total Debt	3.01	9.88	7.15	6.58	1	1.96
Net Cash (Debt)	23.56	2.4	5.52	7.04	22.38	0.77
Net Cash Growth	567.51%	-56.45%	-21.63%	-68.54%	2802.98%	-70.93%
Net Cash Per Share	0.63	0.06	0.15	0.19	0.68	0.03
Filing Date Shares Outstanding	36.34	36.76	36.69	36.6	35.36	29.35
Total Common Shares Outstanding	36.34	36.76	36.69	36.57	35.28	29.34
Working Capital	16.24	11.56	7.67	9.06	12.96	-2.36
Book Value Per Share	1.82	1.66	1.32	0.89	0.85	0.40
Tangible Book Value	55.22	49.88	36.71	20.63	21.24	2.87
Tangible Book Value Per Share	1.52	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.