Heritage Global (XCNQ:HGP) Net Margin % : 31.99% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Heritage Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Heritage Global's Net Income for the three months ended in Dec. 2023 was C$6.56 Mil. Heritage Global's Revenue for the three months ended in Dec. 2023 was C$20.51 Mil. Therefore, Heritage Global's net margin for the quarter that ended in Dec. 2023 was 31.99%.

The historical rank and industry rank for Heritage Global's Net Margin % or its related term are showing as below:

XCNQ:HGP' s Net Margin % Range Over the Past 10 Years
Min: -132.66 Med: 13.37 Max: 36.89
Current: 20.61

XCNQ:HGP's Net Margin % is ranked better than
59.59% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs XCNQ:HGP: 20.61

Heritage Global Net Margin % Historical Data

The historical data trend for Heritage Global's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Heritage Global Net Margin % Chart

Heritage Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

14.90

36.89

11.84

33.02

20.60

Heritage Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															72.08	17.03	21.22	12.71	31.99

Competitive Comparison of Heritage Global's Net Margin %

For the Capital Markets subindustry, Heritage Global's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heritage Global's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where Heritage Global's Net Margin % falls into.

Heritage Global Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Heritage Global's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	16.736	/	81.227
	=	20.60 %

Heritage Global's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.56	/	20.505
	=	31.99 %

Heritage Global (XCNQ:HGP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Heritage Global Net Margin % Related Terms

Thank you for viewing the detailed overview of Heritage Global's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Global (XCNQ:HGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Heritage Global Inc (XCNQ:HGP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

HGBL:USA LGC:Germany

Address

12625 High Bluff Drive, Suite 305, San Diego, CA, USA, 92130

Website

https://www.hginc.com

Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Heritage Global (XCNQ:HGP) Headlines

No Headlines