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Heritage Global (Heritage Global) Profitability Rank : 7 (As of Dec. 2023)


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What is Heritage Global Profitability Rank?

Heritage Global has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Heritage Global's Operating Margin % for the quarter that ended in Dec. 2023 was 27.29%. As of today, Heritage Global's Piotroski F-Score is 6.


Competitive Comparison of Heritage Global's Profitability Rank

For the Capital Markets subindustry, Heritage Global's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution in the Capital Markets Industry

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

* The bar in red indicates where Heritage Global's Profitability Rank falls into.



Heritage Global Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Heritage Global has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.171 / 15.284
=27.29 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Heritage Global has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Heritage Global Inc operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Heritage Global Profitability Rank Related Terms

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


Heritage Global (Heritage Global) Business Description

Traded in Other Exchanges
Address
12625 High Bluff Drive, Suite 305, San Diego, CA, USA, 92130
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.
Executives
Nicholas Kirk Dove officer: President, Industrial Assets 12509 EL CAMINO REAL, UNIT B, SAN DIEGO CA 92130
Samuel L Shimer director C/O HERITAGE GLOBAL INC., 12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
Ross Dove officer: President of Subsidiary 330 HATCH DRIVE, FOSTER CITY CA 94404
David Van Ludwig officer: President of subsidiary 10 SUNSET HILLS PROFESSIONAL CENTRE, EDWARDSVILLE IL 62025
Michael Hexner director 200 BRANNAN STREET, #332, SAN FRANCISCO CA 94107
Topline Capital Partners, Lp 10 percent owner 544 EUCLID STREET, SANTA MONICA CA 90402
Topline Capital Management, Llc other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
William L Burnham director INDUCTIVE CAPITAL LP, 9855 DOUBLE R BLVD, STE 125, RENO NV 89521
James Edward Sklar officer: EVP, Gen. Counsel & Secretary 31500 NORTHWESTERN HWY., SUITE 105, FARMINGTON HILLS MI 48334
Kelly S Sharpe director 5094 NORTHLAWN DR., SAN JOSE CA 95130
Barbara A Sinsley director 2502 KENNETH ST., MARRIETA GA 30066
Shirley Cho director 12227 VALLEYHEART DRIVE, STUDIO CITY CA 91604
Brian J. Cobb officer: VP of Finance and Controller 12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
Allan C Silber officer: President C/O COUNSEL CORPORATION, 700 - 1 TORONTO ST., TORONTO A6 M5C 2V6
Mcbirney Collin other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402

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