Heritage Global Inc (HGBL) — Cash Flow Quality Index
Heritage Global Inc (HGBL) has a Cash Flow Quality Index of 5.25x as of December 2025. Operating cash flow of $1.58 Million exceeds net income of $301.00K, indicating high earnings quality where cash backs reported profits. Explore Heritage Global Inc (HGBL) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Heritage Global Inc Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for Heritage Global Inc across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HGBL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Heritage Global Inc (1990–2025)
Year-by-year earnings quality comparison for Heritage Global Inc. For live market cap and the full company financial profile, see HGBL market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.71x | $6.14 Million | $3.59 Million | ▲ +14.5% |
| 2024 | 1.49x | $7.75 Million | $5.18 Million | ▲ +43.2% |
| 2023 | 1.04x | $13.02 Million | $12.47 Million | ▲ +149.4% |
| 2022 | 0.42x | $6.48 Million | $15.49 Million | ▲ +148.6% |
| 2021 | -0.86x | $-2.63 Million | $3.05 Million | ▼ -191.0% |
| 2020 | 0.95x | $9.15 Million | $9.66 Million | ▲ +365.1% |
| 2019 | 0.20x | $794.00K | $3.90 Million | ▼ -89.8% |
| 2018 | 1.99x | $7.47 Million | $3.75 Million | ▼ -99.3% |
| 2016 | 279.57x | $3.91 Million | $14.00K | ▲ +211859.4% |
| 2011 | 0.13x | $4.05 Million | $30.71 Million | ▼ -82.0% |
| 2010 | 0.73x | $4.55 Million | $6.21 Million | ▼ -24.6% |
| 2008 | 0.97x | $5.68 Million | $5.84 Million | ▼ -96.8% |
| 1993 | 30.00x | $300.00K | $10.00K | ▲ +140.0% |
| 1992 | 12.50x | $500.00K | $40.00K | ▼ -36.9% |
| 1990 | 19.80x | $990.00K | $50.00K | — |