Register an account to search through 14,000+ stocks! 

HGBL – Heritage Global Inc

✘ NOT COMPLIANT

Company Profile

Heritage Global Inc. is an asset services company specializing in financial and industrial asset transactions. The Company provides a suite of services including market making, acquisitions, dispositions, valuations and secured lending. It focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in approximately 28 sectors. It specializes both in acting act as an adviser, as well as a principal, acquiring or brokering manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and business enterprises. The Company’s segments consist of the Industrial Asset Division and Financial Assets Division. Its Industrial Asset Division advises enterprise and financial customers on the sale of industrial assets. Its Financial Assets division provides liquidity to issuers of consumer credit to monetize nonperforming and charged-off loans.

Business

PASS

Heritage Global Inc has cleared the Business screen. Its business activity is compliant with the Shariah standard. If you find this result mistaken or questionable, let us know in the comments.

Problematic Revenues N/A
Interest Income
N/A
Total N/A

Fundamentals

Market cap $58519523
Assets
$44555000
ROA
23.32
Div./Share
$0.23

Financials

FAIL

The financials fail all the three standards we check against.

Debt/A Cash/A (AR+C)/A
0%
52.49%
52.49%
< 33%
< 33%
< 50%
P
F
F
Debt/MC Cash/MC
0%
39.96%
< 30%
< 30%
P
F
Debt/24MC Cash/24MC AR/24MC
0%
52.49%
N/A
< 33%
< 33%
< 33%
P
F

Note: A = Assets | AR = Accounts Receivables | MC = Market cap | 24MC = 24 month avg. Market cap

✘ FTSE ✘ AAOIFI ✘ DJIM

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan

Responses