Heritage Global Inc (HGBL) — Defensive Interval Ratio
Heritage Global Inc (HGBL) has a Defensive Interval Ratio of 182 days as of March 2026. Defensive assets of $6.09 Million (cash $-, short-term investments $-, receivables $6.09 Million) cover 182 days of daily cash needs of $33.44K/day. See how liquid is Heritage Global Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Heritage Global Inc Defensive Interval Ratio (1988–2025)
This chart shows how Heritage Global Inc's Defensive Interval Ratio has evolved across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 182 days, meaning defensive assets of $6.09 Million can fund 182 days of operations without new revenue. See HGBL net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Heritage Global Inc (1988–2025)
The table below presents the year-by-year Defensive Interval Ratio for Heritage Global Inc from 1988 to 2025, covering 38 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see HGBL company net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 150 days | $6.38 Million | $42.57K/day | $- | $- | ▲ +26 days |
| 2024 | 124 days | $4.97 Million | $39.99K/day | $- | $- | ▲ +77 days |
| 2023 | 47 days | $1.91 Million | $40.37K/day | $- | $- | ▼ -76 days |
| 2022 | 124 days | $5.49 Million | $44.45K/day | $- | $- | ▼ -4 days |
| 2021 | 128 days | $4.99 Million | $38.97K/day | $- | $- | ▼ -9 days |
| 2020 | 137 days | $5.24 Million | $38.33K/day | $- | $2.40 Million | ▼ -90 days |
| 2019 | 227 days | $5.67 Million | $25.01K/day | $- | $2.52 Million | ▲ +113 days |
| 2018 | 114 days | $3.17 Million | $27.87K/day | $- | $2.77 Million | ▲ +97 days |
| 2017 | 16 days | $384.00K | $23.74K/day | $- | $- | ▼ -37 days |
| 2016 | 53 days | $1.25 Million | $23.48K/day | $- | $- | ▲ +28 days |
| 2015 | 25 days | $643.00K | $25.63K/day | $- | $4.00K | ▼ -71 days |
| 2014 | 97 days | $3.03 Million | $31.39K/day | $- | $173.00K | ▲ +38 days |
| 2013 | 59 days | $1.69 Million | $28.76K/day | $- | $17.00K | ▼ -2 days |
| 2012 | 61 days | $2.56 Million | $41.91K/day | $- | $1.48 Million | ▼ -76 days |
| 2011 | 137 days | $1.58 Million | $11.53K/day | $- | $70.00K | ▲ +68 days |
| 2010 | 69 days | $1.36 Million | $19.83K/day | $- | $770.00K | ▼ -24 days |
| 2009 | 93 days | $1.95 Million | $21.02K/day | $- | $300.00K | ▲ +93 days |
| 2008 | 0 days | $242.00 | $1.29K/day | $- | $242.00 | ▼ -69 days |
| 2007 | 69 days | $519.00K | $7.50K/day | $- | $519.00K | ▼ -147 days |
| 2006 | 216 days | $1.10 Million | $5.08K/day | $- | $1.10 Million | ▲ +216 days |
| 2005 | 1 days | $173.10K | $219.38K/day | $- | $1.10K | ▼ -131 days |
| 2004 | 131 days | $13.08 Million | $99.62K/day | $- | $1.10K | ▼ -13 days |
| 2003 | 144 days | $20.08 Million | $139.42K/day | $- | $2.06 Million | ▼ -44 days |
| 2002 | 188 days | $21.75 Million | $115.54K/day | $- | $- | ▲ +77 days |
| 2001 | 111 days | $16.01 Million | $143.99K/day | $- | $- | ▲ +77 days |
| 2000 | 35 days | $3.41 Million | $98.52K/day | $- | $53.00K | ▼ -142 days |
| 1999 | 177 days | $4.34 Million | $24.59K/day | $- | $- | ▲ +35 days |
| 1998 | 142 days | $4.40 Million | $30.96K/day | $- | $- | ▲ +23 days |
| 1997 | 119 days | $3.20 Million | $26.85K/day | $- | $- | ▲ +54 days |
| 1996 | 65 days | $800.00K | $12.33K/day | $- | $- | ▼ -84 days |
| 1995 | 149 days | $900.00K | $6.03K/day | $- | $- | ▼ -42 days |
| 1994 | 191 days | $1.10 Million | $5.75K/day | $- | $- | ▼ -74 days |
| 1993 | 265 days | $800.00K | $3.01K/day | $- | $- | ▲ +119 days |
| 1992 | 146 days | $200.00K | $1.37K/day | $- | $- | ▲ +76 days |
| 1991 | 70 days | $210.00K | $3.01K/day | $- | $20.00K | ▼ -7 days |
| 1990 | 77 days | $380.00K | $4.96K/day | $- | $- | ▼ -42 days |
| 1989 | 119 days | $550.00K | $4.63K/day | $- | $- | ▲ +37 days |
| 1988 | 82 days | $430.00K | $5.26K/day | $- | $- | — |