Heritage Global Inc Working Capital to Net Assets Ratio
Heritage Global Inc working capital to net assets ratio. Heritage Global Inc (HGBL) has a Working Capital to Net Assets ratio of 17.1% as of March 2026. Working capital of $11.56 Million (current assets of $23.76 Million minus current liabilities of $12.21 Million) is measured against net assets of $67.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Heritage Global Inc (HGBL) tangible net worth 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 Global Inc (1988–2025)
Working capital to net assets ratio of Heritage Global Inc from 1988 to 2025. This chart shows how Heritage Global Inc's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 17.1%, reflecting working capital of $11.56 Million against net assets of $67.77 Million USD. See HGBL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Heritage Global Inc Working Capital to Net Assets Ratio by Year (1988–2025)
Heritage Global Inc working capital to net assets ratio by year from 1988 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Heritage Global Inc from 1988 to 2025, covering 38 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 HGBL total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.0% | $18.06 Million | $66.98 Million | $33.59 Million | $15.54 Million | ▼ -1.5 pp |
| 2024 | 28.4% | $18.53 Million | $65.20 Million | $33.13 Million | $14.60 Million | ▲ +9.5 pp |
| 2023 | 18.9% | $11.56 Million | $61.08 Million | $26.29 Million | $14.73 Million | ▲ +3.1 pp |
| 2022 | 15.9% | $7.67 Million | $48.30 Million | $23.89 Million | $16.23 Million | ▼ -11.9 pp |
| 2021 | 27.8% | $9.06 Million | $32.64 Million | $23.28 Million | $14.22 Million | ▼ -15.5 pp |
| 2020 | 43.3% | $12.96 Million | $29.94 Million | $26.95 Million | $13.99 Million | ▲ +63.2 pp |
| 2019 | -19.9% | $-2.36 Million | $11.85 Million | $6.77 Million | $9.13 Million | ▲ +12.9 pp |
| 2018 | -32.8% | $-2.49 Million | $7.60 Million | $7.68 Million | $10.17 Million | ▲ +129.0 pp |
| 2017 | -161.8% | $-5.64 Million | $3.49 Million | $3.02 Million | $8.66 Million | ▼ -43.4 pp |
| 2016 | -118.4% | $-4.14 Million | $3.49 Million | $4.43 Million | $8.57 Million | ▲ +31.6 pp |
| 2015 | -150.0% | $-5.09 Million | $3.39 Million | $4.26 Million | $9.36 Million | ▼ -121.2 pp |
| 2014 | -28.8% | $-3.88 Million | $13.48 Million | $7.58 Million | $11.46 Million | ▼ -20.8 pp |
| 2013 | -8.0% | $-3.17 Million | $39.50 Million | $7.32 Million | $10.50 Million | ▼ -2.9 pp |
| 2012 | -5.1% | $-2.35 Million | $46.01 Million | $12.95 Million | $15.30 Million | ▼ -22.9 pp |
| 2011 | 17.8% | $7.63 Million | $42.94 Million | $11.83 Million | $4.21 Million | ▲ +0.6 pp |
| 2010 | 17.2% | $1.62 Million | $9.45 Million | $8.86 Million | $7.24 Million | ▲ +127.1 pp |
| 2009 | -109.9% | $-4.35 Million | $3.95 Million | $3.33 Million | $7.67 Million | ▼ -201.6 pp |
| 2008 | 91.7% | $4.56 Million | $4.97 Million | $5.03 Million | $472.00K | ▼ -84.0 pp |
| 2007 | 175.7% | $-1.65 Million | $-941.00K | $1.08 Million | $2.74 Million | ▼ -204.3 pp |
| 2006 | 380.0% | $-1.78 Million | $-469.00K | $73.00K | $1.85 Million | ▲ +279.8 pp |
| 2005 | 100.1% | $-78.06 Million | $-77.94 Million | $2.02 Million | $80.07 Million | ▲ +65.7 pp |
| 2004 | 34.5% | $-21.35 Million | $-61.97 Million | $15.01 Million | $36.36 Million | ▼ -19.4 pp |
| 2003 | 53.9% | $-26.58 Million | $-49.31 Million | $24.31 Million | $50.89 Million | ▲ +31.2 pp |
| 2002 | 22.7% | $-13.74 Million | $-60.42 Million | $28.43 Million | $42.17 Million | ▼ -56.3 pp |
| 2001 | 79.1% | $-29.25 Million | $-37.00 Million | $23.30 Million | $52.56 Million | ▼ -96.7 pp |
| 2000 | 175.8% | $-30.06 Million | $-17.10 Million | $5.90 Million | $35.96 Million | ▲ +219.4 pp |
| 1999 | -43.6% | $-1.32 Million | $3.02 Million | $7.66 Million | $8.98 Million | ▲ +63.5 pp |
| 1998 | -107.1% | $-4.50 Million | $4.20 Million | $6.80 Million | $11.30 Million | ▼ -83.1 pp |
| 1997 | -24.0% | $-3.00 Million | $12.50 Million | $6.80 Million | $9.80 Million | ▼ -48.2 pp |
| 1996 | 24.2% | $1.60 Million | $6.60 Million | $6.10 Million | $4.50 Million | ▲ +40.0 pp |
| 1995 | -15.8% | $-300.00K | $1.90 Million | $1.90 Million | $2.20 Million | ▼ -32.5 pp |
| 1994 | 16.7% | $400.00K | $2.40 Million | $2.50 Million | $2.10 Million | ▼ -17.8 pp |
| 1993 | 34.5% | $1.00 Million | $2.90 Million | $2.10 Million | $1.10 Million | ▼ -39.6 pp |
| 1992 | 74.1% | $2.00 Million | $2.70 Million | $2.50 Million | $500.00K | ▲ +28.6 pp |
| 1991 | 45.5% | $100.00K | $220.00K | $1.20 Million | $1.10 Million | ▲ +21.8 pp |
| 1990 | 23.6% | $130.00K | $550.00K | $1.94 Million | $1.81 Million | ▼ -40.0 pp |
| 1989 | 63.6% | $350.00K | $550.00K | $2.04 Million | $1.69 Million | ▼ -18.6 pp |
| 1988 | 82.2% | $-970.00K | $-1.18 Million | $950.00K | $1.92 Million | — |