Evidence method
Level · gp.fundamentals.debt_to_revenue
32.22% · OPTIONAL · NOT_ENOUGH_HISTORY
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME
HGBL · Mar 31, 2026
Heritage Global Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.
STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration
State dimensions
Filing0001193125-26-211813General Corporate
Evidence method
Level · gp.fundamentals.capex_revenue_ratio
4.42% · OPTIONAL · VALID
Evidence method
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-21.05% · OPTIONAL · VALID
Evidence method
Yoy · gp.fundamentals.revenue
-5.45% · CORE · VALID
Evidence method
Level · gp.fundamentals.inventory_revenue_ratio
42.03% · OPTIONAL · VALID
Evidence method
Level · gp.fundamentals.gross_margin
-285.07% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.operating_margin
7.92% · CORE · VALID
Evidence method
Level · gp.fundamentals.sbc_revenue_ratio
1.66% · OPTIONAL · VALID
As-filed lineage
Fundamental state history
Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History12 statesHistory building
Dec 31, 20220/6 normalizedAmended as filedDec 31, 20230/7 normalizedLevel 3Mar 31, 20240/6 normalizedLevel 3Jun 30, 20240/6 normalizedLevel 3Sep 30, 20240/6 normalizedLevel 3Dec 31, 20245/6 normalizedLevel 3Mar 31, 20255/7 normalizedLevel 3Jun 30, 20255/7 normalizedLevel 3Sep 30, 20256/8 normalizedLevel 3Dec 31, 20256/7 normalizedLevel 3Mar 31, 20266/8 normalizedLevel 3Jun 30, 20266/8 normalizedLevel 3
Period transition
What moved in the state?
- Previous
- 16.61%
- Current
- 4.42%
- Delta
- -12.20%
- Previous
- 12.04%
- Current
- -21.05%
- Delta
- -33.09%
- Previous
- 12.38%
- Current
- -5.45%
- Delta
- -17.84%
- Previous
- 11.63%
- Current
- 42.03%
- Delta
- 30.39%
- Previous
- 27.42%
- Current
- -285.07%
- Delta
- -312.49%
- Previous
- 11.20%
- Current
- 7.92%
- Delta
- -3.28%
- Previous
- 1.77%
- Current
- 1.66%
- Delta
- -0.11%
Self-history only
Previous similar states
Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research
Transitioned To · HGBL Fundamental State →Transitioned To · HGBL CAPEX_INTENSITY_DECREASED →Transitioned To · HGBL CASH_GENERATION_DECREASED →Transitioned To · HGBL GROWTH_DECREASED →Transitioned To · HGBL INVENTORY_PRESSURE_INCREASED →Transitioned To · HGBL MARGIN_DECREASED →Transitioned To · HGBL PROFITABILITY_DECREASED →Transitioned To · HGBL SBC_INTENSITY_DECREASED →
Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.