Heritage Global Inc (HGBL) — Capital Reinvestment Ratio
Heritage Global Inc (HGBL) has a Capital Reinvestment Ratio of 0.39x as of December 2025, meaning it reinvests 0% of its operating cash flow ($1.58 Million) in capital expenditures ($609.00K). Check Heritage Global Inc (HGBL) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Heritage Global Inc Capital Reinvestment Ratio (1988–2025)
This chart tracks Heritage Global Inc's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see HGBL operating cash flow.
Annual Capital Reinvestment Ratio for Heritage Global Inc (1988–2025)
Year-by-year Capital Reinvestment Ratio for Heritage Global Inc from 1988 to 2025. See Heritage Global Inc (HGBL) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.38x | $6.14 Million | $8.47 Million | ▲ +7702.4% |
| 2024 | 0.02x | $7.75 Million | $137.00K | ▼ -10.4% |
| 2023 | 0.02x | $13.02 Million | $257.00K | ▼ -40.5% |
| 2022 | 0.03x | $6.48 Million | $215.00K | ▲ +4234.0% |
| 2020 | 0.00x | $9.15 Million | $7.00K | ▼ -99.5% |
| 2019 | 0.15x | $794.00K | $116.00K | ▲ +1002.4% |
| 2018 | 0.01x | $7.47 Million | $99.00K | ▼ -64.4% |
| 2017 | 0.04x | $1.18 Million | $44.00K | ▲ +47.2% |
| 2016 | 0.03x | $3.91 Million | $99.00K | ▼ -87.6% |
| 2014 | 0.20x | $621.00K | $127.00K | ▲ +4523.9% |
| 2013 | 0.00x | $2.26 Million | $10.00K | ▼ -99.9% |
| 2000 | 3.70x | $1.87 Million | $6.91 Million | ▲ +5445.5% |
| 1995 | 0.07x | $300.00K | $20.00K | ▼ -93.3% |
| 1993 | 1.00x | $300.00K | $300.00K | ▼ -68.0% |
| 1991 | 3.12x | $490.00K | $1.53 Million | ▲ +654.0% |
| 1990 | 0.41x | $990.00K | $410.00K | ▼ -62.7% |
| 1989 | 1.11x | $180.00K | $200.00K | ▼ -55.9% |
| 1988 | 2.52x | $560.00K | $1.41 Million | — |