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
Hercules Capital: This 10% Yield Is Rock Solid
Nov 19Hercules Capital At 70% Premium, Or The Simple High-Yield ETF HYG At NAV?
Nov 05Earnings Miss: Hercules Capital, Inc. Missed EPS By 18% And Analysts Are Revising Their Forecasts
Nov 01
Hercules Capital (NYSE:HTGC) Has Affirmed Its Dividend Of $0.48
Oct 31Hercules Capital: The Valuation Is My Only Concern
Oct 22Hercules Capital: How Good Is This 10% Yield?
Oct 15Hercules Capital: The Yield And Underlying Value Remain Attractive
Sep 13Hercules Capital: This 10% Yield Is On Sale (Rating Upgrade)
Aug 26Hercules Capital BDC: 10% Yield, Record Earnings
Aug 09Hercules Capital (NYSE:HTGC) Is Paying Out A Dividend Of $0.48
Aug 02Hercules Capital: Recent Improvements But Currently Very Expensive
Jul 22Hercules Capital: 2 Possible Outcomes (Rating Downgrade)
Jul 08Hercules Capital: A Solid Dividend Stock But Valuation Concerns Are Valid
Jun 25Hercules Capital: A Premium Company, But Better To Wait Until Interest Rates Decrease
Jun 07Hercules Capital: Solid 10% Yield, But Sky-High Valuation
May 10Hercules Capital: VC-Focused Name With Less Risk And Better Return Prospects Than Average BDC
May 04Hercules Capital: Winning Option In The Financial Services Space
Apr 24There Is A Reason Hercules Capital, Inc.'s (NYSE:HTGC) Price Is Undemanding
Apr 22Hercules Capital: Record Year In 2023, 10% Yield
Mar 29Unlocking Hercules Capital's Income Potential: A Fresh Look At Dividend Timing Strategies
Feb 23Results: Hercules Capital, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 18Hercules Capital: Still Resilient With Solid Prospects Despite The VC Focus
Feb 17Hercules Capital: A Different Type Of VC-Focused BDC
Jan 16Hercules Capital Poised For Potential Market Surge In 2024
Dec 24Lacklustre Performance Is Driving Hercules Capital, Inc.'s (NYSE:HTGC) Low P/E
Dec 1810%-Yielding Hercules Capital: Better Ingredients, Better Outcomes
Dec 15Main Street Capital Vs. Hercules Capital: Why Choose?
Nov 22Hercules Capital: 10% Yield, My Largest BDC Position
Nov 1310%-Yielding Hercules Capital Is A BDC Superstar
Oct 10Hercules Capital: Venture Capital Financier Offering High Yield And Robust Balance Sheet
Sep 17Hercules Capital: 10% Yield, Strong Coverage, Low Leverage
Sep 09Let's Build A Bond Portfolio Together: Hercules Capital Bonds 2026 7.10%
Aug 15Hercules Capital: Fatter Yield, Surging Stock Price
Aug 05Hercules Capital: The Tide Is Turning - Buy While It's Cheap (Rating Upgrade)
Jun 28Hercules Capital raises dividend by 8.3% to $0.39/share, supplemental cash distribution of $0.08
Feb 14Hercules Capital: 2 Top Reasons To Buy This 10.1%-Yielding BDC
Jan 25Should You Buy Hercules Capital Before Or After Its Ex-Dividend Date?
Jan 11Hercules Capital: Bear Market Rally Fizzling Out
Dec 08Oak Street Health secures $300M in financing
Nov 16Financial Position Analysis
Short Term Liabilities: HTGC's short term assets ($75.6M) exceed its short term liabilities ($47.5M).
Long Term Liabilities: HTGC's short term assets ($75.6M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: HTGC's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: HTGC's debt to equity ratio has reduced from 110% to 93.9% over the past 5 years.
Debt Coverage: HTGC's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: HTGC's interest payments on its debt are well covered by EBIT (4.9x coverage).