Heritage Global Inc (HGBL) — Cash Flow Quality Index
Heritage Global Inc (HGBL) has a Cash Flow Quality Index of -3.03x as of March 2026. Operating cash flow of $-2.18 Million is below net income of $717.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore HGBL operating cash flow to assess how effectively this company generates cash.
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 Heritage Global Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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.
| 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 | — |