Heritage Historical Cash Flow
| HGBL Stock | USD 2.32 0.04 1.75% |
Analysis of Heritage Global cash flow over time is an excellent tool to project Heritage Global future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change In Working Capital of 0.0 or Depreciation of 538.6 K as it is a great indicator of Heritage Global ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Heritage Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Heritage Global is a good buy for the upcoming year.
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About Heritage Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Heritage balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Heritage's non-liquid assets can be easily converted into cash.
Heritage Global Cash Flow Chart
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Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Heritage Global's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Heritage Global current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Heritage Global's Net Income is quite stable compared to the past year. End Period Cash Flow is expected to rise to about 22.8 M this year, although the value of Other Cashflows From Financing Activities is projected to rise to (111.2 K).
Heritage Global cash flow statement Correlations
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Heritage Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Heritage Global cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 20.7M | (9.8M) | (955K) | (388K) | 9.5M | 9.9M | |
| Free Cash Flow | 9.1M | (4.1M) | 6.3M | 12.8M | 7.6M | 8.0M | |
| Change In Working Capital | (2.6M) | 6.0M | (7.2M) | 1.0M | (1.0M) | 0.0 | |
| Other Cashflows From Financing Activities | (102K) | (987K) | 2.8M | (122K) | (117K) | (111.2K) | |
| Depreciation | 362K | 460K | 536K | 514K | 567K | 538.7K | |
| Other Non Cash Items | (3.2M) | 752K | (6.2M) | (160K) | (2.4M) | (2.2M) | |
| Capital Expenditures | 7K | 1.4M | 215K | 257K | 137K | 130.2K | |
| Total Cash From Operating Activities | 9.1M | (2.6M) | 6.5M | 13.0M | 7.7M | 8.1M | |
| Net Income | 9.7M | 3.1M | 15.5M | 12.5M | 5.2M | 5.4M | |
| Total Cash From Financing Activities | 7.0M | 3.1M | 78K | 2.5M | (9.1M) | (8.7M) | |
| End Period Cash Flow | 23.4M | 13.6M | 12.7M | 12.3M | 21.7M | 22.8M | |
| Change To Inventory | (131K) | (2.5M) | (1.4M) | (455K) | (274K) | (287.7K) | |
| Begin Period Cash Flow | 2.7M | 23.4M | 13.6M | 12.7M | 12.3M | 12.9M | |
| Change To Account Receivables | 363K | (826K) | 1.7M | (931K) | 351K | 368.6K | |
| Stock Based Compensation | 353K | 408K | 540K | 776K | 1.3M | 1.3M | |
| Other Cashflows From Investing Activities | 2.0M | (1.9M) | 5.3M | (8.0M) | 11.0M | 11.6M | |
| Change To Liabilities | (2.7M) | 5.5M | (3.1M) | 4.1M | 3.7M | 2.4M | |
| Total Cashflows From Investing Activities | (1.2M) | 4.5M | (10.2M) | (7.5M) | (6.8M) | (6.4M) | |
| Change To Netincome | (1.7M) | (6.9M) | 1.1M | (11.4M) | (10.3M) | (9.7M) | |
| Investments | 4.5M | (2.4M) | (12.6M) | (25.9M) | 10.9M | 11.4M | |
| Net Borrowings | (1.2M) | (438K) | 3.8M | 451K | 518.7K | 544.6K | |
| Change To Operating Activities | 1.6M | 135K | 302K | (810K) | (729K) | (692.6K) |
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Try AI Portfolio ArchitectCheck 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 0.14 | Revenue Per Share | Quarterly Revenue Growth (0.30) | Return On Assets |
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.