Heritage Global Inc (HGBL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Heritage Global Inc (HGBL) has a cash flow conversion efficiency ratio of -0.032x 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 ($-2.18 Million) by net assets ($67.77 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HGBL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Heritage Global Inc - Cash Flow Conversion Efficiency Trend (1988–2025)
This chart illustrates how Heritage Global Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Heritage Global Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Heritage Global Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Johnson Matthey PLC
LSE:JMAT
|
0.176x |
|
Rumble Resources Ltd
AU:RTR
|
-0.030x |
|
JC Chemical Co. Ltd
KQ:137950
|
0.048x |
|
NAXS Nordic Access Buyout Fund AB
ST:NAXS
|
-0.020x |
|
HCL Infosystems Limited
NSE:HCL-INSYS
|
-0.001x |
|
Mr Bricolage
PA:ALMRB
|
-0.020x |
|
Emami Realty Limited
NSE:EMAMIREAL
|
0.400x |
|
GeneFerm Biotechnology Co Ltd
TWO:1796
|
0.002x |
Annual Cash Flow Conversion Efficiency for Heritage Global Inc (1988–2025)
The table below shows the annual cash flow conversion efficiency of Heritage Global Inc from 1988 to 2025. For the full company profile with market capitalisation and key ratios, see HGBL stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $66.98 Million | $6.14 Million | 0.092x | -22.87% |
| 2024-12-31 | $65.20 Million | $7.75 Million | 0.119x | -44.28% |
| 2023-12-31 | $61.08 Million | $13.02 Million | 0.213x | +58.82% |
| 2022-12-31 | $48.30 Million | $6.48 Million | 0.134x | +266.52% |
| 2021-12-31 | $32.64 Million | $-2.63 Million | -0.081x | -126.38% |
| 2020-12-31 | $29.94 Million | $9.15 Million | 0.306x | +355.85% |
| 2019-12-31 | $11.85 Million | $794.00K | 0.067x | -93.18% |
| 2018-12-31 | $7.60 Million | $7.47 Million | 0.983x | +190.05% |
| 2017-12-31 | $3.49 Million | $1.18 Million | 0.339x | -69.75% |
| 2016-12-31 | $3.49 Million | $3.91 Million | 1.120x | +554.78% |
| 2015-12-31 | $3.39 Million | $-836.00K | -0.246x | -634.56% |
| 2014-12-31 | $13.48 Million | $621.00K | 0.046x | -19.51% |
| 2013-12-31 | $39.50 Million | $2.26 Million | 0.057x | +154.85% |
| 2012-12-31 | $46.01 Million | $-4.80 Million | -0.104x | -210.62% |
| 2011-12-31 | $42.94 Million | $4.05 Million | 0.094x | -80.43% |
| 2010-12-31 | $9.45 Million | $4.55 Million | 0.482x | +124.31% |
| 2009-12-31 | $3.95 Million | $-7.84 Million | -1.983x | -273.57% |
| 2008-12-31 | $4.97 Million | $5.68 Million | 1.143x | -16.06% |
| 2007-12-31 | $-941.00K | $-1.28 Million | 1.361x | -74.11% |
| 2006-12-31 | $-469.00K | $-2.47 Million | 5.258x | +2661.62% |
| 2005-12-31 | $-77.94 Million | $-14.84 Million | 0.190x | +15.08% |
| 2004-12-31 | $-61.97 Million | $-10.25 Million | 0.165x | -1.89% |
| 2003-12-31 | $-49.31 Million | $-8.31 Million | 0.169x | +109.15% |
| 2002-12-31 | $-60.42 Million | $-4.87 Million | 0.081x | -89.81% |
| 2001-12-31 | $-37.00 Million | $-29.28 Million | 0.791x | +824.18% |
| 2000-12-31 | $-17.10 Million | $1.87 Million | -0.109x | +96.82% |
| 1999-12-31 | $3.02 Million | $-10.38 Million | -3.434x | +14.16% |
| 1998-12-31 | $4.20 Million | $-16.80 Million | -4.000x | -316.67% |
| 1997-12-31 | $12.50 Million | $-12.00 Million | -0.960x | -32.00% |
| 1996-12-31 | $6.60 Million | $-4.80 Million | -0.727x | -560.61% |
| 1995-12-31 | $1.90 Million | $300.00K | 0.158x | +194.74% |
| 1994-12-31 | $2.40 Million | $-400.00K | -0.167x | -261.11% |
| 1993-12-31 | $2.90 Million | $300.00K | 0.103x | -44.14% |
| 1992-12-31 | $2.70 Million | $500.00K | 0.185x | -91.69% |
| 1991-12-31 | $220.00K | $490.00K | 2.227x | +23.74% |
| 1990-12-31 | $550.00K | $990.00K | 1.800x | +450.00% |
| 1989-12-31 | $550.00K | $180.00K | 0.327x | +168.96% |
| 1988-12-31 | $-1.18 Million | $560.00K | -0.475x | -- |
About Heritage Global Inc
Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions in the United States. It operates through three segments: Auction and Liquidation, Refurbishment and Resale, Brokerage, and Specialty Lending. The company offers a suite of market making, acquisitions, refurbishment, dispositions, valuations, and se… Read more