Heritage Financial Corporation (HFWA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Heritage Financial Corporation (HFWA) has a cash flow conversion efficiency ratio of 0.013x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($13.97 Million) by net assets ($1.12 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Heritage Financial Corporation to measure how much of total assets are equity-financed.
Heritage Financial Corporation - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how Heritage Financial Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Heritage Financial Corporation (HFWA) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Heritage Financial Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Heritage Financial Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Godrej Agrovet Limited
NSE:GODREJAGRO
|
0.153x |
|
Hunan Fazhan Industrial Co Ltd
SHE:000722
|
0.032x |
|
Upbound Group Inc.
NASDAQ:UPBD
|
0.172x |
|
Bellring Brands LLC
NYSE:BRBR
|
0.022x |
|
Rigol Technologies Co. Ltd. A
SHG:688337
|
N/A |
|
Huizhou Speed Wireless Technology Co Ltd
SHE:300322
|
-0.085x |
|
Indian Energy Exchange Limited
NSE:IEX
|
-0.006x |
|
FuelCell Energy Inc
NASDAQ:FCEL
|
-0.037x |
Annual Cash Flow Conversion Efficiency for Heritage Financial Corporation (1997–2025)
The table below shows the annual cash flow conversion efficiency of Heritage Financial Corporation from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see HFWA market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $921.50 Million | $94.82 Million | 0.103x | +37.79% |
| 2024-12-31 | $863.53 Million | $64.48 Million | 0.075x | -41.82% |
| 2023-12-31 | $853.26 Million | $109.52 Million | 0.128x | +845.62% |
| 2022-12-31 | $6.96 Billion | $94.46 Million | 0.014x | +44.69% |
| 2021-12-31 | $7.41 Billion | $69.53 Million | 0.009x | -12.03% |
| 2020-12-31 | $6.59 Billion | $70.33 Million | 0.011x | -32.65% |
| 2019-12-31 | $5.53 Billion | $87.61 Million | 0.016x | -7.22% |
| 2018-12-31 | $5.30 Billion | $90.41 Million | 0.017x | -7.10% |
| 2017-12-31 | $4.00 Billion | $73.51 Million | 0.018x | +28.66% |
| 2016-12-31 | $3.78 Billion | $53.98 Million | 0.014x | +0.90% |
| 2015-12-31 | $3.63 Billion | $51.40 Million | 0.014x | -5.19% |
| 2014-12-31 | $3.44 Billion | $51.34 Million | 0.015x | -89.57% |
| 2013-12-31 | $215.76 Million | $30.90 Million | 0.143x | +2.17% |
| 2012-12-31 | $198.94 Million | $27.88 Million | 0.140x | +36.00% |
| 2011-12-31 | $202.52 Million | $20.87 Million | 0.103x | -22.99% |
| 2010-12-31 | $202.28 Million | $27.07 Million | 0.134x | +114.99% |
| 2009-12-31 | $158.50 Million | $9.87 Million | 0.062x | -54.51% |
| 2008-12-31 | $113.15 Million | $15.48 Million | 0.137x | -12.03% |
| 2007-12-31 | $84.97 Million | $13.22 Million | 0.156x | +16.17% |
| 2006-12-31 | $78.64 Million | $10.53 Million | 0.134x | -32.93% |
| 2005-12-31 | $66.12 Million | $13.20 Million | 0.200x | -20.86% |
| 2004-12-31 | $60.94 Million | $15.38 Million | 0.252x | -18.02% |
| 2003-12-31 | $62.23 Million | $19.15 Million | 0.308x | +173.85% |
| 2002-12-31 | $72.40 Million | $8.13 Million | 0.112x | +3.10% |
| 2001-12-31 | $78.53 Million | $8.56 Million | 0.109x | +97.32% |
| 2000-12-31 | $83.00 Million | $4.58 Million | 0.055x | -65.37% |
| 1999-12-31 | $95.30 Million | $15.20 Million | 0.159x | +92.01% |
| 1998-12-31 | $93.90 Million | $7.80 Million | 0.083x | +95.00% |
| 1997-12-31 | $93.90 Million | $4.00 Million | 0.043x | -- |
About Heritage Financial Corporation
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of d… Read more