Hercules Capital Balance Sheet Health
Financial Health criteria checks 2/6
Hercules Capital has a total shareholder equity of $1.8B and total debt of $1.6B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are $3.4B and $1.6B respectively. Hercules Capital's EBIT is $381.5M making its interest coverage ratio 4.9. It has cash and short-term investments of $98.9M.
Key information
86.3%
Debt to equity ratio
US$1.55b
Debt
Interest coverage ratio | 4.9x |
Cash | US$98.90m |
Equity | US$1.80b |
Total liabilities | US$1.61b |
Total assets | US$3.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 19H's short term assets ($159.6M) do not cover its short term liabilities ($160.9M).
Long Term Liabilities: 19H's short term assets ($159.6M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: 19H's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: 19H's debt to equity ratio has reduced from 100.9% to 86.3% over the past 5 years.
Debt Coverage: 19H's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: 19H's interest payments on its debt are well covered by EBIT (4.9x coverage).