Heritage Global Financial Health

How is Heritage Global's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HGBL's short term assets ($26.5M) exceed its short term liabilities ($13.5M).

Long Term Liabilities: HGBL's short term assets ($26.5M) exceed its long term liabilities ($3.3M).


Debt to Equity History and Analysis

Debt Level: HGBL has more cash than its total debt.

Reducing Debt: HGBL's debt to equity ratio has reduced from 14.2% to 4% over the past 5 years.

Debt Coverage: HGBL's debt is well covered by operating cash flow (266.8%).

Interest Coverage: HGBL's interest payments on its debt are well covered by EBIT (28.6x coverage).


Balance Sheet


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