Heritage Global (HGBL) Asset Utilization Ratio (2011 - 2026)
Heritage Global (HGBL) reported Asset Utilization Ratio of 0.07 for Q1 2026, down 93.53% on a YoY basis from 1.05 in Q1 2025, and down 10.34% quarter-over-quarter from 0.08 in Q4 2025.
Heritage Global (HGBL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Heritage Global has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.07 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 93.53% year-over-year to 0.07; the trailing twelve-month figure through Mar 2026 stood at 0.07 (down 93.53% YoY), and the FY2025 full-year result was 0.08, down 85.9% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.07, down from 0.08 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 9.75 in Q3 2024, with the low at 0.07 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.38 across 5 years, with a median of 0.75 in 2022.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 1255.53% — and 2025, when it tumbled 94.12%.
- Heritage Global's Asset Utilization Ratio stood at 0.77 in 2022, then declined by 5.62% to 0.72 in 2023, then soared by 50.61% to 1.09 in 2024, then slumped by 93.07% to 0.08 in 2025, then fell by 10.34% to 0.07 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.07 (Q1 2026), 0.08 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 0.05 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 0.03 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 0.05 |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 0.11 |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | 0.98 |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 0.26 |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 0.03 |
| 10 | Heritage Global | 46.70 Mn | 35.14 Mn | 11.67 Mn | 0.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.08 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 1.05 |
| Dec 31, 2024 | 1.09 |
| Sep 30, 2024 | 9.75 |
| Jun 30, 2024 | 3.11 |
| Mar 31, 2024 | 1.02 |
| Dec 31, 2023 | 0.72 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 0.77 |
| Sep 30, 2022 | 0.75 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.60 |
| Jun 30, 2021 | 0.69 |