Heritage Global (HGBL) Debt Ratio (2010 - 2026)
Heritage Global's (HGBL) Debt Ratio stood at 0.06 in Q2 2026, up 20.7% from 0.05 a year earlier and up 20.8% from the prior quarter.
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Analysis
Heritage Global (HGBL) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Heritage Global's Debt Ratio came in at 0.05, up 854.3% from FY2024.
- Across earlier years, Debt Ratio came in at 0.00 in FY2024 (-94.4%), 0.09 in FY2023 (+37.1%), 0.06 in FY2022 (-16.5%) and 0.08 in FY2021.
- The Q2 2026 figure is the highest quarterly Debt Ratio since Q2 2024.
- On a year-over-year basis, Debt Ratio rose in three of the last eight quarters, with growth averaging 163.9%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 854.3% in Q4 2025, against a decline of 94.6% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.05 (Q1 2026), 0.05 (Q4 2025) and 0.05 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.79 Bn | 65.55 Bn | 1.73 Bn | 0.45 |
| 2 | W.W. Grainger | 63.72 Bn | 61.32 Bn | 1.98 Bn | 0.25 |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn | 0.02 |
| 4 | Ferguson Enterprises | 44.38 Bn | 41.59 Bn | 2.32 Bn | 0.23 |
| 5 | Sunbelt Rentals Holdings | 32.28 Bn | 32.16 Bn | 1.25 Bn | 0.36 |
| 6 | Reliance | 21.45 Bn | 20.49 Bn | 1.30 Bn | 0.15 |
| 7 | Wesco International | 17.03 Bn | 14.34 Bn | 1.46 Bn | 0.33 |
| 8 | Applied Industrial Technologies | 12.67 Bn | 12.54 Bn | 411.22 Mn | 0.09 |
| 9 | Avantor | 11.71 Bn | 10.50 Bn | 537.00 Mn | 0.32 |
| 10 | Heritage Global | 44.32 Mn | -20.38 Mn | 8.34 Mn | 0.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06 |
| Mar 31, 2026 | 0.05 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | 0.05 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.08 |
| Sep 30, 2021 | 0.04 |
API Access
Heritage Global Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HGBL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HGBL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HGBL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();