Heritage Global (FRA:LGC) Equity-to-Asset: 0.74 (As of Jun. 2026) — 10% Above Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:LGC Heritage Global Inc FRA:LGC
77 GF Score
Price €0.95
GF Value €1.87
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Heritage Global Equity-to-Asset?

Heritage Global FRA:LGC +3.28% 77 Equity-to-Asset is 0.74 as of Jun. 2026, which is 10% above its 10-year median of 0.67. GuruFocus rates FRA:LGC with a GF Score™ of 77/100 and a GF Value™ of €1.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 812 Capital Markets companies, Heritage Global ranks better than 68.23% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Heritage Global's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €45.06 Mil. Heritage Global's Total Assets for the quarter that ended in Jun. 2026 was €61.09 Mil. Therefore, Heritage Global's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.74.

The historical rank and industry rank for Heritage Global's Equity-to-Asset or its related term are showing as below:

FRA:LGC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.67   Max: 0.8
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Heritage Global was 0.80. The lowest was 0.23. And the median was 0.67.

FRA:LGC's Equity-to-Asset is ranked better than
68.23% of 812 companies
in the Capital Markets industry
Industry Median: 0.505 vs FRA:LGC: 0.74

Heritage Global  (FRA:LGC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Heritage Global Equity-to-Asset Related Terms


Heritage Global Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Heritage Global's Equity-to-Asset can be seen below:

* 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.

Heritage Global Equity-to-Asset Chart

Heritage Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.72 0.73 0.80 0.76

Heritage Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.77 0.76 0.80 0.74

FRA:LGC vs GSIW, MATH, VIP: Equity-to-Asset Comparison

For the Capital Markets subindustry, Heritage Global's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Heritage Global's Equity-to-Asset falls into.


FRA:LGC
77GF Score
Heritage Global Inc FRA:LGC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heritage Global Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Heritage Global's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=57.203/75.527
=0.76

Heritage Global's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=45.06/61.087
=0.74

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.74 mean?
Heritage Global (FRA:LGC) has a Equity-to-Asset of 0.74 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Heritage Global and its competitors. This is 10% above median its historical median of 0.67. Over the past decade, Heritage Global's Equity-to-Asset has ranged from 0.23 to 0.80. According to the industry distribution chart, Heritage Global ranks #258 out of 812 companies in the Capital Markets industry, placing it in the top 31.8%.
Is Heritage Global's Equity-to-Asset too high?
Heritage Global's current Equity-to-Asset of 0.74 is 10% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.80. The Capital Markets industry median Equity-to-Asset is 0.51. Heritage Global's value of 0.74 is 46.5% above this industry median. Based on the distribution chart, Heritage Global ranks #258 out of 812 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Heritage Global has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Equity-to-Asset compare to GSIW and MATH?
According to the Capital Markets industry distribution chart, Heritage Global ranks #258 out of 812 companies for Equity-to-Asset. This puts Heritage Global in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Heritage Global's value of 0.74 is 46.5% above this benchmark. Historically, Heritage Global's own Equity-to-Asset has ranged from 0.23 to 0.80 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.51, Heritage Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Capital Markets company?
The median Equity-to-Asset among Capital Markets companies is 0.51, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Global's current Equity-to-Asset of 0.74 is 46.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Heritage Global and its competitors. For the Capital Markets industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Global's current Equity-to-Asset is 0.74, which is 10% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.87, compared to a current price of €0.95 — trading 49.5% below its estimated fair value. The current Equity-to-Asset is 0.74, which is 10% above median its 10-year median of 0.67 and 46.5% above the Capital Markets industry median of 0.51. Heritage Global's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current Equity-to-Asset is 0.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heritage Global (FRA:LGC) Overvalued in 2026?

Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued. The current stock price of €0.95 is trading 49.5% below its estimated GF Value™ of €1.87. GuruFocus considers Heritage Global to be Possible Value Trap.

Key valuation signals for FRA:LGC:

  • Equity-to-Asset: 0.74 (10% above median its 10-year median of 0.67)
  • GF Value™: €1.87 vs. price of €0.95 (49.5% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 46.5% above the Capital Markets median (#258 of 812)

No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heritage Global Business Description

Other Exchanges HGBL:USA
Address 6130 Nancy Ridge Drive, San Diego, San Diego, CA, USA, 92121
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
77GF Score

Get the complete analysis for FRA:LGC

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.95
Price
€1.87
GF Value