Heritage Global Inc (HGBL)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
$1.28+2.40%
Close 2026-11-04 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
QuarterlyIQ Insights · HGBL
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Exhibit 99.1 Heritage Global Announces Strategic Wind Down of Heritage Global Capital; Reschedules Second Quarter 2026 Earnings Conference Call to Thursday, August 13, 2026 - Company Expects Material…
Stated in a supplied disclosure. Management reported: “Exhibit 99.1 Heritage Global Announces Strategic Wind Down of Heritage Global Capital; Reschedules Second Quarter 2026 Earnings Conference Call to Thursday, August 13, 2026 - Company Expects Material Non-Cash Charge in Connection With Write-Down of Non-Performing Loans Within HGC - SAN DIEGO, California (July 31, 2026), Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that it has made the strategic decision to substantially wind down Heritage Global Capital ("HGC"), the Company's specialty lending business.” Operating income was $-20.911 million in 2026-Q2.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“With the addition of Boston Note, Heritage’s Financial Asset division is building upon the DebtX acquisition we announced earlier this year to enter additional financial asset classes and distributi…
Stated in 1 of 1 supplied quarters. Management reported: “"We intend to build on Boston Note's well-earned reputation and strength in the performing residential real estate market by leveraging the deep institutional investor relationships at DebtX and NLEX to significantly expand the scope and scale of Boston Note's offerings with a particular focus on Commercial Real Estate (CRE) backed seller notes, jumbo residential real estate notes and the addition of liquidity options for non-performing seller and carryback notes.” Revenue was $12.265 million in 2026-Q2.
““With the addition of Boston Note, Heritage’s Financial Asset division is building upon the DebtX acquisition we announced earlier this year to enter additional financial asset classes and distributi…”
Over the trailing year it converted 0.24x of net income into operating cash flow. Historically, Financials names rated fragile grew net income 52% of the time over the next year (vs 60% for the rest of the cohort, n=6873).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
10 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 60% of the time over the next year (vs 58% for the rest of the cohort, n=10134).
Not investment advice. As of 2026-11-04.