Heritage Global Inc (HGBL) — Cash Flow-to-Debt Ratio
Heritage Global Inc (HGBL) has a Cash Flow-to-Debt Ratio of -0.13x as of March 2026, meaning its operating cash flow of $-2.18 Million could theoretically repay 0% of its total liabilities ($17.22 Million) in one year. Explore Heritage Global Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Heritage Global Inc Cash Flow-to-Debt Ratio (1988–2025)
Historical debt coverage capacity for Heritage Global Inc across 38 annual periods. Also explore balance sheet size of Heritage Global Inc for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Heritage Global Inc (1988–2025)
Year-by-year debt coverage analysis for Heritage Global Inc. For market capitalisation and broader financial context, see Heritage Global Inc (HGBL) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | $6.14 Million | $21.46 Million | ▼ -40.5% |
| 2024 | 0.48x | $7.75 Million | $16.11 Million | ▼ -18.4% |
| 2023 | 0.59x | $13.02 Million | $22.09 Million | ▲ +75.1% |
| 2022 | 0.34x | $6.48 Million | $19.26 Million | ▲ +328.0% |
| 2021 | -0.15x | $-2.63 Million | $17.82 Million | ▼ -123.6% |
| 2020 | 0.63x | $9.15 Million | $14.61 Million | ▲ +694.0% |
| 2019 | 0.08x | $794.00K | $10.07 Million | ▼ -86.2% |
| 2018 | 0.57x | $7.47 Million | $13.03 Million | ▲ +383.1% |
| 2017 | 0.12x | $1.18 Million | $9.96 Million | ▼ -64.7% |
| 2016 | 0.34x | $3.91 Million | $11.65 Million | ▲ +719.2% |
| 2015 | -0.05x | $-836.00K | $15.41 Million | ▼ -260.7% |
| 2014 | 0.03x | $621.00K | $18.39 Million | ▼ -84.3% |
| 2013 | 0.22x | $2.26 Million | $10.50 Million | ▲ +168.6% |
| 2012 | -0.31x | $-4.80 Million | $15.30 Million | ▼ -132.6% |
| 2011 | 0.96x | $4.05 Million | $4.21 Million | ▲ +53.0% |
| 2010 | 0.63x | $4.55 Million | $7.24 Million | ▲ +161.6% |
| 2009 | -1.02x | $-7.84 Million | $7.67 Million | ▼ -108.5% |
| 2008 | 12.03x | $5.68 Million | $472.00K | ▲ +2671.2% |
| 2007 | -0.47x | $-1.28 Million | $2.74 Million | ▲ +64.8% |
| 2006 | -1.33x | $-2.47 Million | $1.85 Million | ▼ -629.5% |
| 2005 | -0.18x | $-14.84 Million | $81.43 Million | ▼ -52.8% |
| 2004 | -0.12x | $-10.25 Million | $85.97 Million | ▼ -26.7% |
| 2003 | -0.09x | $-8.31 Million | $88.36 Million | ▼ -106.1% |
| 2002 | -0.05x | $-4.87 Million | $106.69 Million | ▲ +86.9% |
| 2001 | -0.35x | $-29.28 Million | $83.78 Million | ▼ -824.8% |
| 2000 | 0.05x | $1.87 Million | $38.76 Million | ▲ +108.7% |
| 1999 | -0.56x | $-10.38 Million | $18.63 Million | ▲ +34.7% |
| 1998 | -0.85x | $-16.80 Million | $19.70 Million | ▲ +16.1% |
| 1997 | -1.02x | $-12.00 Million | $11.80 Million | ▼ -1.7% |
| 1996 | -1.00x | $-4.80 Million | $4.80 Million | ▼ -833.3% |
| 1995 | 0.14x | $300.00K | $2.20 Million | ▲ +195.5% |
| 1994 | -0.14x | $-400.00K | $2.80 Million | ▼ -228.6% |
| 1993 | 0.11x | $300.00K | $2.70 Million | ▼ -68.9% |
| 1992 | 0.36x | $500.00K | $1.40 Million | ▲ +124.5% |
| 1991 | 0.16x | $490.00K | $3.08 Million | ▼ -41.5% |
| 1990 | 0.27x | $990.00K | $3.64 Million | ▲ +622.3% |
| 1989 | 0.04x | $180.00K | $4.78 Million | ▼ -58.3% |
| 1988 | 0.09x | $560.00K | $6.20 Million | — |