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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hercules Capital, Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Vernon Plack | BB&T Capital Markets |
| Sarkis Sherbetchyan | B. Riley Securities, Inc. |