Heritage Global (HGBL) Equity Ratio (2010 - 2026)
Heritage Global (HGBL) posted Equity Ratio of 0.8 for Q1 2026, up 5.28% quarter-over-quarter from 0.76 in Q4 2025, and down 90.37% year-on-year from 8.28 in Q1 2025.
Heritage Global (HGBL) Equity Ratio (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Equity Ratio for 17 consecutive years, with 0.8 the latest figure, recorded in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.8, down 90.37% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.8 (down 90.37% YoY), and the FY2025 annual result was 0.76, down 5.55% from the prior year.
- Equity Ratio was 0.8 for Q1 2026 at Heritage Global, up from 0.76 in the prior quarter.
- Over five years, Equity Ratio peaked at 31.98 in Q3 2024 and troughed at 0.64 in Q1 2022.
- Average Equity Ratio over 5 years is 3.53, with a median of 0.75 recorded in 2025.
- Year-over-year, Equity Ratio soared 4687.43% in 2024 and sank 97.6% in 2025.
- Over 5 years, Equity Ratio stood at 0.71 in 2022, then gained by 2.73% to 0.73 in 2023, then grew by 9.19% to 0.8 in 2024, then declined by 5.55% to 0.76 in 2025, then gained by 5.28% to 0.8 in 2026.
- Per Business Quant data, the three most recent Equity Ratio figures were 0.8 in Q1 2026, 0.76 in Q4 2025, and 0.77 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.07 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.06 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.10 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.18 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.21 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.30 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.88 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.04 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.37 |
| 10 | Heritage Global | 448,630.02 | -11.12 Mn | 11.67 Mn | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 8.28 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 31.98 |
| Jun 30, 2024 | 8.06 |
| Mar 31, 2024 | 2.32 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.68 |
| Mar 31, 2023 | 0.68 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 0.67 |
| Mar 31, 2022 | 0.64 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.70 |
| Jun 30, 2021 | 0.72 |