Heritage Global Inc (HGBL) — Financial Flexibility Index
Heritage Global Inc (HGBL) has a Financial Flexibility Index of 0.10x as of December 2025. Free cash flow of $2.19 Million (operating CF $1.58 Million minus capex $609.00K) represents 0% of total liabilities ($21.46 Million). Also explore Heritage Global Inc (HGBL) net asset momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Heritage Global Inc Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for Heritage Global Inc across 38 annual periods. Check HGBL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Heritage Global Inc (1988–2025)
Year-by-year free cash flow to debt coverage for Heritage Global Inc. For the full company profile including market capitalisation, see Heritage Global Inc (HGBL) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.68x | $14.61 Million | $6.14 Million | $21.46 Million | ▲ +39.1% |
| 2024 | 0.49x | $7.88 Million | $7.75 Million | $16.11 Million | ▼ -18.6% |
| 2023 | 0.60x | $13.28 Million | $13.02 Million | $22.09 Million | ▲ +72.9% |
| 2022 | 0.35x | $6.70 Million | $6.48 Million | $19.26 Million | ▲ +614.0% |
| 2021 | -0.07x | $-1.21 Million | $-2.63 Million | $17.82 Million | ▼ -110.8% |
| 2020 | 0.63x | $9.15 Million | $9.15 Million | $14.61 Million | ▲ +593.3% |
| 2019 | 0.09x | $910.00K | $794.00K | $10.07 Million | ▼ -84.4% |
| 2018 | 0.58x | $7.57 Million | $7.47 Million | $13.03 Million | ▲ +372.0% |
| 2017 | 0.12x | $1.23 Million | $1.18 Million | $9.96 Million | ▼ -64.3% |
| 2016 | 0.34x | $4.01 Million | $3.91 Million | $11.65 Million | ▲ +741.8% |
| 2015 | -0.05x | $-827.00K | $-836.00K | $15.41 Million | ▼ -232.0% |
| 2014 | 0.04x | $748.00K | $621.00K | $18.39 Million | ▼ -81.2% |
| 2013 | 0.22x | $2.27 Million | $2.26 Million | $10.50 Million | ▲ +169.3% |
| 2012 | -0.31x | $-4.77 Million | $-4.80 Million | $15.30 Million | ▼ -132.4% |
| 2011 | 0.96x | $4.05 Million | $4.05 Million | $4.21 Million | ▲ +53.0% |
| 2010 | 0.63x | $4.55 Million | $4.55 Million | $7.24 Million | ▲ +161.6% |
| 2009 | -1.02x | $-7.84 Million | $-7.84 Million | $7.67 Million | ▼ -108.5% |
| 2008 | 12.03x | $5.68 Million | $5.68 Million | $472.00K | ▲ +2671.2% |
| 2007 | -0.47x | $-1.28 Million | $-1.28 Million | $2.74 Million | ▲ +64.8% |
| 2006 | -1.33x | $-2.47 Million | $-2.47 Million | $1.85 Million | ▼ -629.5% |
| 2005 | -0.18x | $-14.84 Million | $-14.84 Million | $81.43 Million | ▼ -64.6% |
| 2004 | -0.11x | $-9.52 Million | $-10.25 Million | $85.97 Million | ▼ -58.4% |
| 2003 | -0.07x | $-6.18 Million | $-8.31 Million | $88.36 Million | ▼ -131.5% |
| 2002 | -0.03x | $-3.22 Million | $-4.87 Million | $106.69 Million | ▲ +90.7% |
| 2001 | -0.33x | $-27.32 Million | $-29.28 Million | $83.78 Million | ▼ -244.0% |
| 2000 | 0.23x | $8.78 Million | $1.87 Million | $38.76 Million | ▲ +150.6% |
| 1999 | -0.45x | $-8.33 Million | $-10.38 Million | $18.63 Million | ▲ +34.7% |
| 1998 | -0.69x | $-13.50 Million | $-16.80 Million | $19.70 Million | ▲ +19.9% |
| 1997 | -0.86x | $-10.10 Million | $-12.00 Million | $11.80 Million | ▼ -0.2% |
| 1996 | -0.85x | $-4.10 Million | $-4.80 Million | $4.80 Million | ▼ -687.2% |
| 1995 | 0.15x | $320.00K | $300.00K | $2.20 Million | ▲ +216.4% |
| 1994 | -0.13x | $-350.00K | $-400.00K | $2.80 Million | ▼ -156.3% |
| 1993 | 0.22x | $600.00K | $300.00K | $2.70 Million | ▼ -37.8% |
| 1992 | 0.36x | $500.00K | $500.00K | $1.40 Million | ▼ -45.5% |
| 1991 | 0.66x | $2.02 Million | $490.00K | $3.08 Million | ▲ +70.5% |
| 1990 | 0.38x | $1.40 Million | $990.00K | $3.64 Million | ▲ +383.8% |
| 1989 | 0.08x | $380.00K | $180.00K | $4.78 Million | ▼ -75.0% |
| 1988 | 0.32x | $1.97 Million | $560.00K | $6.20 Million | — |