Hirequest Inc
HireQuest, Inc. provides staffing solutions in the United States. The company offers direct-dispatch, executive search, commercial staffing, unskilled and semi-skilled industrial, construction personnel, skilled and semi-skilled industrial personnel, clerical and administrative personnel, permanent placement, commercial and non-CDL drivers, skilled personnel, and executive placement and consultan… Read more
Hirequest Inc (HQI) - Net Assets
Latest net assets as of September 2025: $67.83 Million USD
Based on the latest financial reports, Hirequest Inc (HQI) has net assets worth $67.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($94.94 Million) and total liabilities ($27.11 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $67.83 Million |
| % of Total Assets | 71.44% |
| Annual Growth Rate | 22.28% |
| 5-Year Change | 78.21% |
| 10-Year Change | 229.93% |
| Growth Volatility | 352.49 |
Hirequest Inc - Net Assets Trend (2001–2024)
This chart illustrates how Hirequest Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hirequest Inc (2001–2024)
The table below shows the annual net assets of Hirequest Inc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $64.80 Million | +3.30% |
| 2023-12-31 | $62.73 Million | +7.69% |
| 2022-12-31 | $58.25 Million | +24.65% |
| 2021-12-31 | $46.73 Million | +28.52% |
| 2020-12-31 | $36.36 Million | +16.25% |
| 2019-12-31 | $31.28 Million | +65.59% |
| 2018-12-31 | $18.89 Million | -3.59% |
| 2017-12-31 | $19.60 Million | +3.88% |
| 2016-12-31 | $18.86 Million | -3.96% |
| 2015-12-31 | $19.64 Million | +4.68% |
| 2014-12-31 | $18.76 Million | +153.09% |
| 2013-12-31 | $7.41 Million | +85.05% |
| 2012-12-31 | $4.01 Million | +127.04% |
| 2011-12-31 | $1.76 Million | +227.41% |
| 2010-12-31 | $538.97K | +258.64% |
| 2009-12-31 | $-339.75K | -106.13% |
| 2008-12-31 | $5.55 Million | -75.67% |
| 2007-12-31 | $22.80 Million | -34.84% |
| 2006-12-31 | $34.99 Million | +1641.75% |
| 2005-12-31 | $2.01 Million | +25.28% |
| 2003-12-31 | $1.60 Million | -30.27% |
| 2002-12-31 | $2.30 Million | +262.56% |
| 2001-12-31 | $634.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hirequest Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2876567000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $28.65 Million | 44.21% |
| Common Stock | $14.00K | 0.02% |
| Other Components | $36.14 Million | 55.77% |
| Total Equity | $64.80 Million | 100.00% |
Hirequest Inc Competitors by Market Cap
The table below lists competitors of Hirequest Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rhoen Klinikum AG
IL:0NQH
|
$59.52 Million |
|
MetaTech AP
TWO:3224
|
$59.52 Million |
|
TCI Express Limited
NSE:TCIEXP
|
$59.54 Million |
|
1st Colonial Bancorp Inc
PINK:FCOB
|
$59.55 Million |
|
Petron Malaysia Refining Marketing
KLSE:3042
|
$59.50 Million |
|
Masterflex SE
F:MZX
|
$59.50 Million |
|
Andean Precious Metals Corp
OTCQX:ANPMF
|
$59.49 Million |
|
TRANSAT A.T. VAR. VTG
F:1TJ
|
$59.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hirequest Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,732,000 to 64,804,000, a change of 2,072,000 (3.3%).
- Net income of 3,672,000 contributed positively to equity growth.
- Dividend payments of 3,359,000 reduced retained earnings.
- Other factors increased equity by 1,759,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.67 Million | +5.67% |
| Dividends Paid | $3.36 Million | -5.18% |
| Other Changes | $1.76 Million | +2.71% |
| Total Change | $- | 3.30% |
Book Value vs Market Value Analysis
This analysis compares Hirequest Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.81x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $3.81 | $10.69 | x |
| 2002-12-31 | $8.62 | $10.69 | x |
| 2003-12-31 | $5.26 | $10.69 | x |
| 2004-12-31 | $5.64 | $10.69 | x |
| 2005-12-31 | $2.52 | $10.69 | x |
| 2006-12-31 | $23.01 | $10.69 | x |
| 2007-12-31 | $10.93 | $10.69 | x |
| 2008-12-31 | $1.85 | $10.69 | x |
| 2009-12-31 | $-0.11 | $10.69 | x |
| 2010-12-31 | $0.14 | $10.69 | x |
| 2011-12-31 | $0.35 | $10.69 | x |
| 2012-12-31 | $0.81 | $10.69 | x |
| 2013-12-31 | $1.49 | $10.69 | x |
| 2014-12-31 | $3.43 | $10.69 | x |
| 2015-12-31 | $3.67 | $10.69 | x |
| 2016-12-31 | $3.59 | $10.69 | x |
| 2017-12-31 | $3.84 | $10.69 | x |
| 2018-12-31 | $3.89 | $10.69 | x |
| 2019-12-31 | $2.70 | $10.69 | x |
| 2020-12-31 | $2.66 | $10.69 | x |
| 2021-12-31 | $3.43 | $10.69 | x |
| 2022-12-31 | $4.25 | $10.69 | x |
| 2023-12-31 | $4.55 | $10.69 | x |
| 2024-12-31 | $4.66 | $10.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hirequest Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.61%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.45x
- Recent ROE (5.67%) is above the historical average (-19.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -18.28% | -138.75% | 0.11x | 1.18x | $-179.38K |
| 2002 | -3.68% | -29.71% | 0.10x | 1.24x | $-314.55K |
| 2003 | 2.56% | 9.25% | 0.14x | 1.98x | $-119.24K |
| 2004 | 7.49% | 29.84% | 0.25x | 1.00x | $-41.46K |
| 2005 | -9.96% | -53.77% | 0.14x | 1.29x | $-401.03K |
| 2006 | -6.91% | -3.39% | 1.44x | 1.41x | $-5.92 Million |
| 2007 | -114.18% | -26.37% | 2.79x | 1.55x | $-28.32 Million |
| 2008 | -317.68% | -22.24% | 4.29x | 3.33x | $-18.18 Million |
| 2009 | 0.00% | -11.57% | 4.00x | 0.00x | $-5.93 Million |
| 2010 | -289.51% | -2.25% | 6.93x | 18.58x | $-1.61 Million |
| 2011 | 48.39% | 1.04% | 9.64x | 4.82x | $677.44K |
| 2012 | 38.92% | 1.58% | 4.48x | 5.48x | $1.16 Million |
| 2013 | 39.67% | 3.14% | 3.95x | 3.20x | $2.20 Million |
| 2014 | 48.63% | 9.94% | 3.26x | 1.50x | $7.25 Million |
| 2015 | 8.72% | 1.94% | 3.39x | 1.33x | $-250.99K |
| 2016 | 4.03% | 0.81% | 3.84x | 1.29x | $-1.13 Million |
| 2017 | 8.57% | 1.71% | 3.87x | 1.29x | $-280.23K |
| 2018 | 5.16% | 1.00% | 4.16x | 1.24x | $-914.86K |
| 2019 | -0.93% | -1.83% | 0.34x | 1.50x | $-3.42 Million |
| 2020 | 14.74% | 38.81% | 0.28x | 1.35x | $1.72 Million |
| 2021 | 25.36% | 52.60% | 0.29x | 1.66x | $7.18 Million |
| 2022 | 21.39% | 40.25% | 0.30x | 1.77x | $6.63 Million |
| 2023 | 9.78% | 16.20% | 0.36x | 1.66x | $-138.20K |
| 2024 | 5.67% | 10.61% | 0.37x | 1.45x | $-2.81 Million |
Industry Comparison
This section compares Hirequest Inc's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $10,170,518,962
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hirequest Inc (HQI) | $67.83 Million | -18.28% | 0.40x | $59.50 Million |
| Adecco Group AG (AHEXF) | $1.28 Billion | -9.41% | 1.70x | $4.69 Billion |
| Atlantic International Corp. Common Stock (ATLN) | $-1.75 Million | 0.00% | 0.00x | $39.54 Million |
| Barrett Business Services Inc (BBSI) | $208.53 Million | 18.26% | 2.58x | $205.95 Million |
| BG Staffing Inc (BGSF) | $40.49 Million | 17.00% | 1.01x | $39.55 Million |
| Open Up Group Inc. (BNXYF) | $63.34 Billion | 11.01% | 0.52x | $871.90 Million |
| Career Design Center Co. Ltd. (CAEEF) | $4.63 Billion | 23.78% | 0.67x | $33.99 Million |
| CTPartners Executive Search Inc (CTPR) | $24.26 Million | -6.73% | 1.83x | $0.98 |
| The Caldwell Partners International Inc (CWLPF) | $13.93 Million | 2.66% | 0.10x | $16.39 Million |
| en-japan inc. (ENJPY) | $32.16 Billion | 13.05% | 0.52x | $190.42 Million |
| Futuris Company (FTRS) | $4.55 Million | -40.51% | 1.37x | $147.15 |