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HHSHarte Hanks, Inc.
$2.22$16M
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HomeStocksHHSBalance Sheet

Harte Hanks, Inc. (HHS) Balance Sheet

30Y historyFree accessUpdated daily

The company maintains a conservative capital structure with a debt-to-equity ratio of 1.10, though total assets have shrunk significantly from $131.1 million in 2023Q4 to $90.4 million in 2026Q1.

HHS Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Dec'02Dec'01Dec'00Dec'99Dec'98Dec'97Dec'96
Total Current Assets45.78M46.32M53.61M65.21M66.31M75.38M86.24M79.3M104.99M103.21M149.43M151.71M206.49M239.31M225.5M275.52M268.46M256.6M241.2M265.68M279.98M253.7M250.5M217.3M198.61M202.81M235.87M220.1M325.8M613.1M153.1M
Cash & Short-Term Investments4.54M5.59M9.93M18.36M10.36M11.91M29.41M34.12M20.88M8.4M46.01M17.61M56.75M88.75M49.65M86.78M86M86.6M30.16M22.85M38.27M24.56M38.81M32.15M25.03M30.47M22.93M35.2M30.4M83.7M12M
Cash Only4.54M5.59M9.93M18.36M10.36M11.91M29.41M34.12M20.88M8.4M46.01M17.61M56.75M88.75M49.65M86.78M86M86.6M30.16M22.85M38.27M24.56M38.81M32.15M25.03M30.47M22.93M35.2M30.4M83.7M12M
Short-Term Investments0000000000000000000000000000000
Accounts Receivable34.17M34.89M39.86M42.25M52.16M57.26M42.15M39.78M56.6M81.4M88.81M103.76M125.3M120.12M141.35M156.4M151.01M140.06M169.42M199.22M189.44M184.54M168.75M152.7M137.68M138.41M179.84M154M127.5M109.3M87.5M
Days Sales Outstanding86.579.8178.5580.5392.3107.4186.9666.7372.5877.3980.1676.4682.678.3567.267.164.0559.4457.1162.5358.3759.3459.7759.0155.355.0468.3267.7462.1762.547.96
Inventory00000046K354K448K587K838K963K1.24M1.29M5.07M7.11M7.32M4.85M7.48M6.01M7.96M7.95M6.09M5.21M5.3M5.83M6.26M7.1M6.5M7.7M13.7M
Days Inventory Outstanding------0.341.71.631.962.612.452.72.96.547.958.275.676.852.523.323.516.155.412.983.286.88.478.3511.5821.04
Other Current Assets7.08M5.84M2.31M2.69M1.61M4.25M4.99M1.75M2.54M3.9M4.93M177.82M13.03M20.62M15.77M16.28M12.28M12.3M19.97M22.13M26.1M21.88M20.18M13.41M16.54M14.68M26.85M23.8M161.4M412.4M19.8M
Total Non-Current Assets44.62M45.51M48.17M65.86M53.67M32.49M33.26M36.16M20.18M27.61M64.01M262.92M440.7M446.23M480.71M657M658.42M651.55M672.36M686.25M689.31M635.96M577.86M541.83M538.12M568.24M571.23M549.3M389.4M341.8M439.2M
Property, Plant & Equipment27.3M28.24M31.42M34.27M29.69M29.89M30.63M27.14M13.59M21.79M23.92M33.91M36.91M40.71M61.97M71.58M72.66M78.4M97.43M112.35M116.59M112.91M113.77M97.75M94.15M109.43M112.06M106.3M92.3M89.4M112.9M
Fixed Asset Turnover5.56x5.65x5.90x5.59x6.95x6.51x5.78x8.02x20.94x17.62x16.90x14.61x15.00x13.75x12.39x11.89x11.84x10.97x11.11x10.35x10.16x10.05x9.06x9.66x9.65x8.39x8.57x7.81x8.11x7.14x5.90x
Goodwill295K295K295K1.93M2.4M0000034.51M218.97M398.16M398.16M408.71M565.65M565.65M552.89M552.88M543.58M545.35M502.75M458.17M00000000
Intangible Assets322K370K563K2.82M3.54M00300K02.59M3.3M4.12M2.28M2.3M5.26M14.99M15.79M16.28M17.99M20.94M23.45M16.67M2.07M439.82M440.07M438.32M439.15M409.8M290.8M250.4M319.3M
Long-Term Investments5K5K0500K00000000-5.08M-7.7M-8.18M-9.59M-8.91M-9.9M-13M-12.63M-17.32M-14.16M-13.81M-7.68M0000000
Other Non-Current Assets16.71M559K717K758K1.74M2.6M-4.11M3.46M6.59M3.23M2.27M2.91M3.35M5.05M4.77M4.77M4.32M3.99M4.06M9.37M3.92M3.63M3.85M4.26M3.9M20.49M20.02M33.2M6.3M2M7M
Total Assets90.41M91.83M101.78M131.07M119.98M107.86M119.5M115.47M125.17M130.81M213.44M414.62M647.2M685.54M706.21M932.51M926.88M908.15M913.57M951.93M969.28M889.66M828.35M759.13M736.73M771.05M807.11M769.4M715.2M954.9M592.3M
Asset Turnover1.68x1.74x1.82x1.46x1.72x1.80x1.48x1.88x2.27x2.93x1.89x1.19x0.86x0.82x1.09x0.91x0.93x0.95x1.19x1.22x1.22x1.28x1.24x1.24x1.23x1.19x1.19x1.08x1.05x0.67x1.12x
Asset Growth %-47.58%-9.78%-22.35%9.24%11.24%-9.74%3.49%-7.76%-4.31%-38.71%-48.52%-35.94%-5.59%-2.93%-24.27%0.61%2.06%-0.59%-4.03%-1.79%8.95%7.4%9.12%3.04%-4.45%-4.47%4.9%7.58%-25.1%61.22%23.99%
Total Current Liabilities30.73M30.16M35.14M48.11M43.57M42.44M47.19M45.53M54.16M67.25M104.67M97.44M124.27M140.84M140.2M205.07M280.96M173.2M187.74M180.11M171.24M175.35M182.19M134.07M121.76M121.77M149.96M154M116.5M371.3M97.7M
Accounts Payable11.09M13.1M21.83M23.18M22.46M16.13M16.29M16.92M31.05M36.13M45.56M36.62M36.48M36.76M42.19M46.37M56.09M42.39M48.18M67.17M58.85M62.98M55.63M47.89M40.75M42.99M60.07M64.8M56.4M49.9M37.4M
Days Payables Outstanding49.6295.8140.68142.01124.8117.15120.6681.35113.05120.89141.9993.2579.7583.0254.4651.8663.3449.5544.1128.1324.5827.8456.249.7422.924.1665.2577.3272.4975.0857.43
Short-Term Debt3.96M3.54M04.82M004.93M7.62M0003M18.38M15.31M12.25M69.19M133M46.69M30.94M00010M00000000
Deferred Revenue (Current)5.2M813K3.21M3.19M5.81M10.44M11.16M4.4M12.76M16.79M14.49M39.94M50.75M60.13M56.82M36.73M54.62M54.05M58.23M61.99M61.27M54.14M53.71M48.66M41.77M38.62M00000
Other Current Liabilities13.1M12.71M3.15M11.31M2.86M2.29M2.9M10.67M8.61M13.49M40.92M43.32M24.48M34.69M30.54M27.03M10.23M8.67M19.08M12.03M73.81M63.92M26.31M63.37M17.39M18.62M89.89M89.2M60.1M321.4M60.3M
Current Ratio1.49x1.54x1.53x1.36x1.52x1.78x1.83x1.74x1.94x1.53x1.43x1.56x1.66x1.70x1.61x1.34x0.96x1.48x1.28x1.48x1.64x1.45x1.37x1.62x1.63x1.67x1.57x1.43x2.80x1.65x1.57x
Quick Ratio1.49x1.54x1.53x1.36x1.52x1.78x1.83x1.73x1.93x1.53x1.42x1.55x1.65x1.69x1.57x1.31x0.93x1.45x1.24x1.44x1.59x1.40x1.34x1.58x1.59x1.62x1.53x1.38x2.74x1.63x1.43x
Cash Conversion Cycle36.87------33.36-12.92-38.84-41.53-59.22-14.345.55-1.7719.2823.198.9915.5519.8536.9137.1135.019.7214.6835.3834.169.87-1.11-1.96-0.9911.57
Total Non-Current Liabilities39.58M41.14M56.08M63.11M57.61M80.41M115.71M109.89M80.47M98.2M106.11M176.87M196.25M195.64M237.85M281.09M208.09M333.31M369.46M363.31M304.57M152.97M74.36M69.46M82.44M96.91M106.14M37.8M21.6M17.4M241.9M
Long-Term Debt000005M22.17M18.7M14.2M0074.11M64.31M82.69M98M110.25M60M193M239.69M259.13M205M62M05M16.3M48.31M65.37M5M00218M
Capital Lease Obligations74.16M18.86M20.86M23.69M16.57M19.21M21.3M13.08M00000204K00000000000000000
Deferred Tax Liabilities0011.13M8.32M0005.51M-578K773K11.04M20.67M66.79M112.95M53.94M92.45M148.09M140.31M65.72M66.06M99.57M90.97M74.36M64.46M0026.01M20.2M9.9M9.7M10.7M
Other Non-Current Liabilities21.53M22.27M24.1M30.8M41.03M56.2M72.24M71.72M66.27M97.43M95.07M81.19M72.41M112.75M85.92M78.39M00038.12M000066.14M48.6M14.76M12.6M11.7M7.7M13.2M
Total Liabilities70.3M71.3M80.09M111.22M101.18M122.85M162.9M155.43M134.64M165.45M210.78M274.31M320.52M336.48M378.05M486.16M489.06M506.51M557.19M543.41M475.81M328.32M256.55M203.53M204.2M218.68M256.1M191.8M138.1M388.7M339.6M
Total Debt22.02M22.4M24.6M28.51M22.32M30.77M55.06M39.39M14.2M0077.31M82.69M98M110.25M179.44M193M239.69M270.63M259.13M205M62M10M5M16.3M48.31M65.37M5M00218M
Net Debt17.48M16.82M14.66M10.14M11.96M18.86M25.65M5.27M-6.68M-8.4M-46.01M59.7M25.94M9.25M60.6M92.66M107M153.09M240.46M236.28M166.73M37.44M-28.81M-27.15M-8.73M17.84M42.44M-30.2M-30.4M-83.7M206M
Debt / Equity1.10x1.09x1.13x1.44x1.19x------0.55x0.25x0.28x0.34x0.40x0.44x0.60x0.76x0.63x0.42x0.11x0.02x0.01x0.03x0.09x0.12x0.01x--0.86x
Debt / EBITDA4.31x3.37x3.80x3.75x1.25x3.02x------1.48x1.68x-1.86x1.69x2.13x1.76x1.29x0.93x0.28x0.05x0.03x0.09x0.26x0.36x0.03x--1.66x
Net Debt / EBITDA3.42x2.53x2.26x1.34x0.67x1.85x------0.47x0.16x-0.96x0.93x1.36x1.56x1.17x0.76x0.17x-0.15x-0.15x-0.05x0.09x0.23x-0.20x-0.23x-0.83x1.57x
Interest Coverage2.89x-40.98x-45.09x19.01x-14.73x-7.77x-13.63x-9.72x-4.39x-44.84x8.92x14.63x-25.94x24.23x31.57x9.83x8.15x12.63x-----------
Total Equity20.1M20.53M21.69M19.86M18.81M-14.99M-43.4M-39.96M-9.46M-34.63M2.66M140.32M326.68M349.05M328.16M446.36M437.82M401.64M356.37M408.51M493.48M561.35M571.8M555.6M532.53M552.37M551M577.6M577.1M566.2M252.7M
Equity Growth %-9.15%-5.36%9.23%5.58%225.45%65.46%-8.61%-322.37%72.68%-1404.03%-98.11%-57.05%-6.41%6.37%-26.48%1.95%9.01%12.7%-12.76%-17.22%-12.09%-1.83%2.92%4.33%-3.59%0.25%-4.6%0.09%1.93%124.06%53.06%
Book Value per Share2.712.782.972.722.54-2.08-6.71-6.36-1.51-5.590.4322.7652.1455.5752.1870.2368.2662.8755.5955.4361.1965.7365.1261.7556.1356.8452.7453.3750.5849.0322.00
Total Shareholders' Equity20.1M20.53M21.69M19.86M18.81M-14.99M-43.4M-39.96M-9.46M-34.63M2.66M140.32M326.68M349.05M328.16M446.36M437.82M401.64M356.37M408.51M493.48M561.35M571.8M555.6M532.53M552.37M551M577.6M577.1M566.2M252.7M
Common Stock12.22M12.22M12.22M12.22M12.22M12.12M12.12M12.12M12.12M12.07M120.44M120.15M119.61M119.19M118.74M118.49M118.3M118.24M118.08M117.69M116.5M115.45M114.5M113.28M111.53M78.28M76.92M76.4M000
Retained Earnings813.18M813.81M814.62M844.92M846.49M811.09M796.12M797.82M812.7M794.58M837.32M973.54M1.17B1.16B1.17B1.28B1.25B1.22B1.19B1.15B1.07B980.5M882.75M798.97M722.23M640.63M568.51M493.4M426M362M29.2M
Treasury Stock-898.53M-900.09M-915.75M-951.08M-1.01B-1.09B-1.18B-1.24B-1.25B-1.25B-1.26B-1.26B-1.26B-1.25B-1.25B-1.24B-1.24B-1.24B-1.24B-1.16B-974.63M-782.5M-663.78M-573.86M-491.79M-384.49M-294.54M-201.9M-114.4M00
Accumulated OCI-14.98M-14.98M-13.6M-44.09M-48.3M-53.33M-65.61M-63.13M-46.48M-44.3M-46.18M-43.56M-47.23M-28.12M-49.73M-45.32M-33.68M-31.97M-45.73M-17.89M-17.35M-21.98M-15.19M-18.79M-25.59M-1.29M-2.1M12.3M-98.1M-91.1M-121.8M
Minority Interest0000000000000000000000000000000

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetHealthy
Cash FlowBurning
Top Statement Risk

Persistent Revenue Attrition

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Asset Base Shrinkage Reflects Contraction

According to historical balance sheet data, Harte Hanks has seen total assets decline from $131.1 million in 2023Q4 to $90.4 million in 2026Q1, a trend that suggests the company is systematically downsizing its operational footprint in response to persistent revenue attrition and ongoing business model challenges.

The consistent reduction in total assets indicates that the firm is not currently deploying capital for growth, but rather managing a contraction of its legacy business. Investors should monitor whether this asset shedding is a strategic optimization of the fulfillment network or a forced liquidation of capacity due to declining client demand.

Minimal Leverage Amidst Operational Headwinds

Based on reported financial figures, Harte Hanks maintains a conservative capital structure with a debt-to-equity ratio of 1.10 as of 2026Q1, which suggests that management has successfully avoided excessive financial leverage despite the company's inability to generate consistent positive net income or sustainable free cash flow.

While the low debt load provides a degree of insulation against interest rate volatility, it does not compensate for the underlying lack of operational profitability. The company's reliance on debt appears to be minimal, yet the lack of growth suggests that even this modest leverage is not being utilized to catalyze a successful turnaround.

Cash Buffer Remains Under Pressure

As reported in recent quarterly filings, the company's cash position has fluctuated significantly, dropping from $18.4 million in 2023Q4 to $4.5 million in 2026Q1, which indicates a narrowing liquidity buffer that may limit the firm's flexibility to navigate further operational volatility or unexpected working capital requirements.

The current ratio of 1.49 suggests that while the company maintains sufficient short-term assets to cover immediate liabilities, the rapid depletion of cash reserves warrants close scrutiny. This trend implies that the firm is consuming its liquidity to fund ongoing operations, which may necessitate future financing if the cash burn persists.

Hidden Risks in Asset Composition

Based on an examination of the balance sheet, the near-total absence of goodwill and the reliance on $27.3 million in net PPE as of 2026Q1 suggests that the company's value is tied to physical fulfillment infrastructure that may be increasingly difficult to monetize in a digital-first market.

The lack of intangible assets might be viewed as a clean balance sheet, but it also implies that the company lacks significant intellectual property or brand equity to defend its market position. This reliance on tangible assets makes the firm particularly vulnerable to obsolescence if the demand for physical fulfillment continues to decline.

HHS — Frequently Asked Questions

Quick answers to the most common questions about buying HHS stock.

What are the total assets of Harte Hanks, Inc. (HHS)?

As of 2025, Harte Hanks, Inc. (HHS) had total assets of $91.8M including $46.3M in current assets.

How much debt does Harte Hanks, Inc. (HHS) have?

Harte Hanks, Inc. (HHS) carries total debt of $22.4M, offset by $5.6M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Harte Hanks, Inc.?

Harte Hanks, Inc. (HHS) has total shareholders' equity (book value) of $20.5M ($2.78 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Harte Hanks, Inc.'s current ratio and liquidity?

Harte Hanks, Inc. (HHS) reported a current ratio of 1.54x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.