Heritage Global (HGBL) Interest Coverage Ratio (2010 - 2026)
Heritage Global (HGBL) reported Interest Coverage Ratio of 50.4 for Q1 2026, up 301.17% on a YoY basis from 12.56 in Q1 2025, and down 68.32% quarter-over-quarter from 159.08 in Q4 2025.
Heritage Global (HGBL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Heritage Global has reported Interest Coverage Ratio for 17 years, with the latest figure at 50.4 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 301.17% year-over-year to 50.4; the trailing twelve-month figure through Mar 2026 stood at 6.98 (up 95.15% YoY), and the FY2025 full-year result was 5.97, down 106.12% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 50.4, down from 159.08 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 185.12 in Q4 2022, with the low at 124.0 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 37.31 across 5 years, with a median of 32.81 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 1307.55% — and 2025, when it sank 477.88%.
- Heritage Global's Interest Coverage Ratio stood at 185.12 in 2022, then tumbled by 75.15% to 46.01 in 2023, then slumped by 135.86% to 16.5 in 2024, then jumped by 1064.1% to 159.08 in 2025, then plunged by 68.32% to 50.4 in 2026.
- The last three Interest Coverage Ratio figures came in at 50.4 (Q1 2026), 159.08 (Q4 2025), and 38.26 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 1.56 |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 1.38 |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 4.90 |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 2.23 |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 5.83 |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 460.34 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | - |
| 10 | Heritage Global | 45.32 Mn | 33.76 Mn | 11.67 Mn | 50.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.40 |
| Dec 31, 2025 | 159.08 |
| Sep 30, 2025 | -38.26 |
| Jun 30, 2025 | -124.00 |
| Mar 31, 2025 | -25.05 |
| Dec 31, 2024 | -16.50 |
| Sep 30, 2024 | -87.00 |
| Jun 30, 2024 | 32.81 |
| Mar 31, 2024 | 27.80 |
| Dec 31, 2023 | 46.01 |
| Sep 30, 2023 | 49.45 |
| Jun 30, 2023 | 30.70 |
| Mar 31, 2023 | 57.26 |
| Dec 31, 2022 | 185.12 |
| Sep 30, 2022 | 165.43 |
| Jun 30, 2022 | 97.95 |
| Mar 31, 2022 | 23.03 |
| Dec 31, 2021 | 48.64 |
| Sep 30, 2021 | 88.83 |
| Jun 30, 2021 | -8.11 |