Heritage Global (HGBL) Debt to Equity (2010 - 2026)
Heritage Global (HGBL) reported Debt to Equity of $0.06 for Q1 2026, down 9.32% on a YoY basis from $0.07 in Q1 2025, and down 1.16% quarter-over-quarter from $0.06 in Q4 2025.
Heritage Global (HGBL) Debt to Equity (2010 - 2026) Analysis & Trends
Heritage Global has reported Debt to Equity for 17 years, with the latest figure at $0.06 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 9.32% year-over-year to $0.06; the trailing twelve-month figure through Mar 2026 stood at $0.06 (down 9.32% YoY), and the FY2025 full-year result was $0.06, up 910.36% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.06, down from $0.06 in the prior quarter.
- The five-year high for Debt to Equity was $0.16 in Q3 2023, with the low at $0.01 in Q4 2024.
- Historically, Debt to Equity has averaged $0.08 across 5 years, with a median of $0.09 in 2022.
- Annual changes were most pronounced in 2024 — Debt to Equity sank 95.16% — and 2025, when it soared 910.36%.
- Heritage Global's Debt to Equity stood at $0.09 in 2022, then surged by 33.48% to $0.12 in 2023, then plunged by 94.88% to $0.01 in 2024, then soared by 910.36% to $0.06 in 2025, then dropped by 1.16% to $0.06 in 2026.
- The last three Debt to Equity figures came in at $0.06 (Q1 2026), $0.06 (Q4 2025), and $0.06 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | 0.00 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 1.04 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 2.11 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | - |
| 10 | Heritage Global | 46.70 Mn | 35.14 Mn | 11.67 Mn | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.06 |
| Sep 30, 2020 | 0.01 |