Heritage Global (HGBL) Interest Coverage Ratio (2010 - 2026)
Heritage Global's (HGBL) quarterly Interest Coverage Ratio came in at 321.71 in Q2 2026, down 159.44% on a YoY basis from 541.22 in Q2 2025, and down 738.31% quarter-over-quarter from 50.4 in Q1 2026.
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Heritage Global (HGBL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Interest Coverage Ratio for 17 consecutive years, with 321.71 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 159.44% year-over-year to 321.71; the trailing twelve-month figure through Jun 2026 stood at 713.08 (down 1855.86% YoY), and the FY2025 full-year result was 42.62, down 143.72% from the prior year.
- Interest Coverage Ratio fell to 321.71 in Q2 2026 per HGBL's latest filing, from 50.4 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 185.12 in Q4 2022 and bottomed at 321.71 in Q2 2026.
- Historically, Interest Coverage Ratio has averaged 6.87 across 5 years, with a median of 29.25 in 2023.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio soared 1307.55% in 2022, then slumped 477.88% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 185.12 in 2022, then sank by 75.15% to 46.01 in 2023, then plunged by 135.86% to 16.5 in 2024, then sank by 80.65% to 29.81 in 2025, then sank by 979.28% to 321.71 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 321.71, 50.4, and 29.81 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | - |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 24.26 |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | - |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | - |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | - |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 3.09 |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 7.09 |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | -321.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -321.71 |
| Mar 31, 2026 | 50.40 |
| Dec 31, 2025 | -29.81 |
| 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 |