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 net asset quality score to measure how much of total assets are equity-financed.
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. Check Heritage Global Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Samil C&S Co Ltd
KO:004440
|
0.005x |
|
Guler Yatirim Holding AS
IS:GLRYH
|
0.065x |
|
SundayToz Corp
KQ:123420
|
0.016x |
|
Jinxin Technology Holding Company American Depositary Shares
NASDAQ:NAMI
|
0.019x |
|
Sumas Suni Tahta ve Mobilya Sanayi AS
IS:SUMAS
|
0.068x |
|
Hanil Forging Industrial Co. Ltd
KQ:024740
|
0.039x |
|
Star Comgistic Capital Co Ltd
TW:4930
|
-0.018x |
|
Beshom Holdings Bhd
KLSE:7668
|
0.033x |
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 company net worth.
| 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