Heritage Global Inc. Financial Update
Heritage Global Inc., a company specializing in financial and industrial asset transactions, recently disclosed its financial fundamentals and market activities. Listed on the Nasdaq, the company operates within the Capital Markets sector, focusing on services such as market making, acquisitions, dispositions, valuations, and secured lending. Its primary assets include turnkey manufacturing facilities, surplus industrial machinery, equipment, inventories, and charged-off portfolios.
As of May 5, 2025, Heritage Global Inc.’s close price stood at $1.99. The company’s stock has experienced significant fluctuations over the past year, with a 52-week high of $2.738 on July 17, 2024, and a 52-week low of $1.52 on September 22, 2024. The market capitalization of Heritage Global Inc. is currently valued at $70,904,560 USD. The price-to-earnings ratio is reported at 14.2857, indicating the company’s earnings relative to its share price.
Units on Issue Disclosure
On May 6, 2025, Heritage Global Inc. was part of a broader announcement by the Market Announcements Office of ASX Limited, which disclosed units on issue for April 2025. This disclosure, sourced from hotcopper.com.au, included details such as the total units issued, total units redeemed, the difference between the total units, and the total value of units issued in AUD. While specific figures for Heritage Global Inc. were not provided in the input, the announcement is part of routine financial disclosures required for transparency and regulatory compliance.
The disclosure of units on issue is a critical aspect of financial reporting, providing investors with insights into the company’s capital structure and liquidity. Such information is essential for assessing the company’s financial health and making informed investment decisions.
Overall, Heritage Global Inc. continues to navigate the financial markets with a focus on asset services, maintaining transparency through regular disclosures and updates on its financial status.