Heritage Financial Corporation Working Capital to Net Assets Ratio
Heritage Financial Corporation working capital to net assets ratio. Heritage Financial Corporation (HFWA) has a Working Capital to Net Assets ratio of -3.7% as of June 2026. Working capital of $-40.64 Million (current assets of $125.61 Million minus current liabilities of $166.25 Million) is measured against net assets of $1.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Heritage Financial Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Heritage Financial Corporation (1997–2025)
Working capital to net assets ratio of Heritage Financial Corporation from 1997 to 2025. This chart shows how Heritage Financial Corporation's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at -3.7%, reflecting working capital of $-40.64 Million against net assets of $1.11 Billion USD. See HFWA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Heritage Financial Corporation Working Capital to Net Assets Ratio by Year (1997–2025)
Heritage Financial Corporation working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Heritage Financial Corporation from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Heritage Financial Corporation assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 90.1% | $830.26 Million | $921.50 Million | $5.41 Billion | $4.58 Billion | ▲ +644.1 pp |
| 2024 | -554.0% | $-4.78 Billion | $863.53 Million | $900.98 Million | $5.68 Billion | ▼ -59.3 pp |
| 2023 | -494.7% | $-4.22 Billion | $853.26 Million | $1.38 Billion | $5.60 Billion | ▼ -439.2 pp |
| 2022 | -55.5% | $-3.86 Billion | $6.96 Billion | $1.45 Billion | $5.32 Billion | ▼ -17.4 pp |
| 2021 | -38.1% | $-2.82 Billion | $7.41 Billion | $2.63 Billion | $5.45 Billion | ▲ +9.5 pp |
| 2020 | -47.5% | $-3.13 Billion | $6.59 Billion | $1.56 Billion | $4.70 Billion | ▼ -4.5 pp |
| 2019 | -43.0% | $-2.38 Billion | $5.53 Billion | $1.20 Billion | $3.57 Billion | ▲ +0.9 pp |
| 2018 | -43.9% | $-2.32 Billion | $5.30 Billion | $1.15 Billion | $3.48 Billion | ▼ -1.5 pp |
| 2017 | -42.4% | $-1.69 Billion | $4.00 Billion | $925.79 Million | $2.62 Billion | ▼ -1.0 pp |
| 2016 | -41.3% | $-1.56 Billion | $3.78 Billion | $909.32 Million | $2.47 Billion | ▼ -67.0 pp |
| 2015 | 25.7% | $932.51 Million | $3.63 Billion | $955.70 Million | $23.18 Million | ▲ +1.2 pp |
| 2014 | 24.4% | $840.16 Million | $3.44 Billion | $884.44 Million | $44.28 Million | ▲ +536.9 pp |
| 2013 | -512.5% | $-1.11 Billion | $215.76 Million | $337.58 Million | $1.44 Billion | ▼ -76.0 pp |
| 2012 | -436.5% | $-868.29 Million | $198.94 Million | $278.31 Million | $1.15 Billion | ▲ +0.4 pp |
| 2011 | -436.9% | $-884.80 Million | $202.52 Million | $281.67 Million | $1.17 Billion | ▲ +50.0 pp |
| 2010 | -486.9% | $-984.80 Million | $202.28 Million | $180.60 Million | $1.17 Billion | ▼ -22.5 pp |
| 2009 | -464.3% | $-735.94 Million | $158.50 Million | $120.42 Million | $856.36 Million | ▲ +210.7 pp |
| 2008 | -675.0% | $-763.74 Million | $113.15 Million | $69.25 Million | $833.00 Million | ▲ +199.5 pp |
| 2007 | -874.5% | $-743.08 Million | $84.97 Million | $43.02 Million | $786.10 Million | ▲ +9.5 pp |
| 2006 | -884.0% | $-695.19 Million | $78.64 Million | $30.73 Million | $725.92 Million | ▲ +91.2 pp |
| 2005 | -975.3% | $-644.84 Million | $66.12 Million | $31.57 Million | $676.40 Million | ▲ +18.9 pp |
| 2004 | -994.2% | $-605.89 Million | $60.94 Million | $22.29 Million | $628.18 Million | ▼ -122.9 pp |
| 2003 | -871.3% | $-542.22 Million | $62.23 Million | $30.71 Million | $572.93 Million | ▼ -213.5 pp |
| 2002 | -657.8% | $-476.24 Million | $72.40 Million | $40.87 Million | $517.12 Million | ▼ -54.1 pp |
| 2001 | -603.7% | $-474.11 Million | $78.53 Million | $48.97 Million | $523.08 Million | ▼ -51.7 pp |
| 2000 | -552.0% | $-458.20 Million | $83.00 Million | $25.16 Million | $483.36 Million | ▼ -145.5 pp |
| 1999 | -406.5% | $-387.40 Million | $95.30 Million | $21.40 Million | $408.80 Million | ▼ -151.6 pp |
| 1998 | -255.0% | $-239.40 Million | $93.90 Million | $76.90 Million | $316.30 Million | ▼ -330.0 pp |
| 1997 | 75.1% | $70.50 Million | $93.90 Million | $391.40 Million | $320.90 Million | — |