Hercules Capital Balance Sheet Health
Financial Health criteria checks 3/6
Hercules Capital has a total shareholder equity of $1.9B and total debt of $1.7B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are $3.7B and $1.8B respectively. Hercules Capital's EBIT is $414.5M making its interest coverage ratio 4.9. It has cash and short-term investments of $38.9M.
Key information
93.9%
Debt to equity ratio
US$1.74b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$38.90m |
| Equity | US$1.85b |
| Total liabilities | US$1.80b |
| Total assets | US$3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J4M's short term assets ($75.6M) exceed its short term liabilities ($47.5M).
Long Term Liabilities: 0J4M's short term assets ($75.6M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 0J4M's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: 0J4M's debt to equity ratio has reduced from 110% to 93.9% over the past 5 years.
Debt Coverage: 0J4M's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 0J4M's interest payments on its debt are well covered by EBIT (4.9x coverage).