Heritage Global Inc (HGBL) — Free Cash Flow Generation Index
Heritage Global Inc (HGBL) has a Free Cash Flow Generation Index of 0.61x as of December 2025. Free cash flow of $971.00K represents 1% of operating cash flow ($1.58 Million). Explore HGBL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Heritage Global Inc Free Cash Flow Generation Index (1988–2025)
Historical FCF Generation Index trend for Heritage Global Inc across 22 annual periods. For the full cash flow conversion analysis, see Heritage Global Inc (HGBL) cash flow conversion.
Annual Free Cash Flow Generation for Heritage Global Inc (1988–2025)
Year-by-year Free Cash Flow Generation Index for Heritage Global Inc. Check HGBL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.38x | $-2.33 Million | $6.14 Million | $8.47 Million | ▼ -138.7% |
| 2024 | 0.98x | $7.61 Million | $7.75 Million | $137.00K | ▲ +0.2% |
| 2023 | 0.98x | $12.76 Million | $13.02 Million | $257.00K | ▲ +1.4% |
| 2022 | 0.97x | $6.27 Million | $6.48 Million | $215.00K | ▼ -3.2% |
| 2020 | 1.00x | $9.14 Million | $9.15 Million | $7.00K | ▲ +17.0% |
| 2019 | 0.85x | $678.00K | $794.00K | $116.00K | ▼ -13.5% |
| 2018 | 0.99x | $7.37 Million | $7.47 Million | $99.00K | ▲ +2.5% |
| 2017 | 0.96x | $1.14 Million | $1.18 Million | $44.00K | ▼ -1.2% |
| 2016 | 0.97x | $3.81 Million | $3.91 Million | $99.00K | ▲ +22.5% |
| 2014 | 0.80x | $494.00K | $621.00K | $127.00K | ▼ -20.1% |
| 2013 | 1.00x | $2.25 Million | $2.26 Million | $10.00K | ▼ -0.4% |
| 2011 | 1.00x | $4.05 Million | $4.05 Million | $0.00 | ▲ +0.0% |
| 2010 | 1.00x | $4.55 Million | $4.55 Million | $0.00 | ▲ +0.0% |
| 2008 | 1.00x | $5.68 Million | $5.68 Million | $0.00 | ▲ +137.1% |
| 2000 | -2.70x | $-5.04 Million | $1.87 Million | $6.91 Million | ▼ -369.7% |
| 1995 | 1.00x | $300.00K | $300.00K | $20.00K | ▼ -50.0% |
| 1993 | 2.00x | $600.00K | $300.00K | $300.00K | ▲ +100.0% |
| 1992 | 1.00x | $500.00K | $500.00K | $0.00 | ▲ +147.1% |
| 1991 | -2.12x | $-1.04 Million | $490.00K | $1.53 Million | ▼ -462.3% |
| 1990 | 0.59x | $580.00K | $990.00K | $410.00K | ▲ +627.3% |
| 1989 | -0.11x | $-20.00K | $180.00K | $200.00K | ▲ +92.7% |
| 1988 | -1.52x | $-850.00K | $560.00K | $1.41 Million | — |