Heritage Global (FRA:LGC) Debt-to-Asset : 0.08 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:LGC Heritage Global Inc FRA:LGC
81 GF Score
Price €1.15
GF Value €1.88
Valuation Possible Value Trap
! 5 Warning Signs
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What is Heritage Global Debt-to-Asset?

Heritage Global FRA:LGC 81 Debt-to-Asset is 0.08 as of Jun. 2026. GuruFocus rates FRA:LGC with a GF Score™ of 81/100 and a GF Value™ of €1.88 (Possible Value Trap). The stock has 5 warning signs investors should review.

Heritage Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.00 Mil. Heritage Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €3.59 Mil. Heritage Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was €61.56 Mil. Heritage Global's debt to asset for the quarter that ended in Jun. 2026 was 0.06.


Heritage Global  (FRA:LGC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Heritage Global Debt-to-Asset Related Terms


Heritage Global Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Heritage Global's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heritage Global Debt-to-Asset Chart

Heritage Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.11 0.12 0.03 0.06

Heritage Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.06 0.07 0.08

FRA:LGC vs MATH, PLUT, COHN: Debt-to-Asset Comparison

For the Capital Markets subindustry, Heritage Global's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heritage Global Debt-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Heritage Global's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Heritage Global's Debt-to-Asset falls into.


FRA:LGC
81GF Score
Heritage Global Inc FRA:LGC
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heritage Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Heritage Global's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 3.4909957852612) / 76.61799140023
=0.05

Heritage Global's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 3.5861103822269) / 61.556022041459
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.08 mean?
Heritage Global (FRA:LGC) has a Debt-to-Asset of 0.08 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Heritage Global and its competitors.
Is Heritage Global's Debt-to-Asset too high?
Heritage Global's current Debt-to-Asset is 0.08. Overall, Heritage Global has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Debt-to-Asset compare to MATH and PLUT?
Heritage Global's Debt-to-Asset of 0.08 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Capital Markets company?
A good Debt-to-Asset depends on the Capital Markets industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Heritage Global and its competitors. Heritage Global's current Debt-to-Asset is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.88, compared to a current price of €1.15 — trading 38.8% below its estimated fair value. The current Debt-to-Asset is 0.08. Heritage Global's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Heritage Global (FRA:LGC), the current Debt-to-Asset is 0.08 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heritage Global (FRA:LGC) Overvalued in 2026?

Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued. The current stock price of €1.15 is trading 38.8% below its estimated GF Value™ of €1.88. GuruFocus considers Heritage Global to be Possible Value Trap.

Key valuation signals for FRA:LGC:

  • Debt-to-Asset: 0.08
  • GF Value™: €1.88 vs. price of €1.15 (38.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heritage Global Business Description

Other Exchanges HGBL:USA
Address 6130 Nancy Ridge Drive, San Diego, San Diego, CA, USA, 92121
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
81GF Score

Get the complete analysis for FRA:LGC

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.15
Price
€1.88
GF Value