Hirequest Inc (HQI) - Net Assets
Based on the latest financial reports, Hirequest Inc (HQI) has net assets worth $68.32 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.23 Million) and total liabilities ($19.91 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. Check tangible net worth ratio of Hirequest Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $68.32 Million |
| % of Total Assets | 77.44% |
| Annual Growth Rate | 21.53% |
| 5-Year Change | 46.19% |
| 10-Year Change | 262.18% |
| Growth Volatility | 345.15 |
Hirequest Inc - Net Assets Trend (2001–2025)
This chart illustrates how Hirequest Inc's net assets have evolved over time, based on quarterly financial data. See Hirequest Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hirequest Inc (2001–2025)
The table below shows the annual net assets of Hirequest Inc from 2001 to 2025. For live valuation and market cap data, see market value of Hirequest Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $68.32 Million | +5.43% |
| 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 3134667000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.23 Million | 45.71% |
| Common Stock | $14.00K | 0.02% |
| Other Components | $37.08 Million | 54.27% |
| Total Equity | $68.32 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 |
|---|---|
|
NX Filtration Holding BV
AS:NXFIL
|
$162.55 Million |
|
Global Lighting Technologies Inc
TW:4935
|
$162.60 Million |
|
Associated British Foods PLC
LSE:ABF
|
$162.63 Million |
|
Alumil Aluminium Industry S.A
AT:ALMY
|
$162.72 Million |
|
Ta-Yuan Cogeneration Co Ltd
TWO:8931
|
$162.54 Million |
|
Kiler Gayrimenkul Yatirim Ortakligi AS
IS:KLGYO
|
$162.47 Million |
|
Chiang Mai Ram Medical Business Public Company Limited
BK:CMR
|
$162.42 Million |
|
Alkim Kagit Sanayi ve Ticaret AS
IS:ALKA
|
$162.32 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 2024 to 2025, total equity changed from 64,804,000 to 68,321,000, a change of 3,517,000 (5.4%).
- Net income of 6,330,000 contributed positively to equity growth.
- Dividend payments of 3,372,000 reduced retained earnings.
- Share repurchases of 377,000 reduced equity.
- Other factors increased equity by 936,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.33 Million | +9.27% |
| Dividends Paid | $3.37 Million | -4.94% |
| Share Repurchases | $377.00K | -0.55% |
| Other Changes | $936.00K | +1.37% |
| Total Change | $- | 5.43% |
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: 2.59x
- 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 3.31x to 2.59x 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 | $12.60 | x |
| 2002-12-31 | $8.62 | $12.60 | x |
| 2003-12-31 | $5.26 | $12.60 | x |
| 2004-12-31 | $5.64 | $12.60 | x |
| 2005-12-31 | $2.52 | $12.60 | x |
| 2006-12-31 | $23.01 | $12.60 | x |
| 2007-12-31 | $10.93 | $12.60 | x |
| 2008-12-31 | $1.85 | $12.60 | x |
| 2009-12-31 | $-0.11 | $12.60 | x |
| 2010-12-31 | $0.14 | $12.60 | x |
| 2011-12-31 | $0.35 | $12.60 | x |
| 2012-12-31 | $0.81 | $12.60 | x |
| 2013-12-31 | $1.49 | $12.60 | x |
| 2014-12-31 | $3.43 | $12.60 | x |
| 2015-12-31 | $3.67 | $12.60 | x |
| 2016-12-31 | $3.59 | $12.60 | x |
| 2017-12-31 | $3.84 | $12.60 | x |
| 2018-12-31 | $3.89 | $12.60 | x |
| 2019-12-31 | $2.70 | $12.60 | x |
| 2020-12-31 | $2.66 | $12.60 | x |
| 2021-12-31 | $3.43 | $12.60 | x |
| 2022-12-31 | $4.25 | $12.60 | x |
| 2023-12-31 | $4.55 | $12.60 | x |
| 2024-12-31 | $4.66 | $12.60 | x |
| 2025-12-31 | $4.87 | $12.60 | 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): 9.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.66%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.29x
- Recent ROE (9.27%) is above the historical average (-18.51%), 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 |
| 2025 | 9.27% | 20.66% | 0.35x | 1.29x | $-502.10K |
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: $92,533,930
- Average return on equity (ROE) among peers: -8.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hirequest Inc (HQI) | $68.32 Million | -18.28% | 0.29x | $162.54 Million |
| Atlantic International Corp. Common Stock (ATLN) | $-158.47K | 0.00% | 0.00x | $41.96 Million |
| Barrett Business Services Inc (BBSI) | $30.10 Million | 12.62% | 0.61x | $846.64 Million |
| BG Staffing Inc (BGSF) | $39.13 Million | 14.94% | 1.67x | $39.55 Million |
| Heidrick & Struggles International (HSII) | $267.16 Million | 18.45% | 1.62x | $1.23 Billion |
| Hudson Global Inc (HSON) | $40.43 Million | -11.80% | 0.30x | $34.56 Million |
| Professional Diversity Network Inc (IPDN) | $22.65 Million | -158.07% | 0.83x | $6.68 Million |
| GEE Group Inc (JOB) | $1.90 Million | -5.26% | 1.47x | $25.27 Million |
| Kelly Services A Inc (KELYA) | $147.90 Million | 24.61% | 0.44x | $356.40 Million |
| Kelly Services B Inc (KELYB) | $283.70 Million | 24.96% | 0.39x | $59.33 Million |
About 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