Heritage Financial Corporation (HFWA) — 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. See how many days can Heritage Financial Corporation fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Heritage Financial Corporation Working Capital to Net Assets (1997–2025)
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. For the complete balance sheet picture, see Heritage Financial Corporation balance sheet assets.
Annual Working Capital to Net Assets for Heritage Financial Corporation (1997–2025)
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. Check Heritage Financial Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |