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
Hercules Capital: Winning Option In The Financial Services Space
Apr 24There Is A Reason Hercules Capital, Inc.'s (NYSE:HTGC) Price Is Undemanding
Apr 22
Hercules 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 16Hercules Capital: Double Your Cash Flow With This 10%+ Dividend
Nov 07Hercules Capital raises dividend by 2.9% to $0.36, supplemental cash distribution of $0.15
Oct 18Hercules Capital: Grab Its 13% Yield As Weak Holders Capitulate
Oct 03Hercules Capital: 10% Yield, Wake Up And Smell The Cash Flow
Aug 31Hercules Capital: 7% From An Investment Grade Bond With 4 Years To Maturity
Aug 23atai Life Sciences nabs $175M in loan facility from Hercules Capital
Aug 15Hercules Capital raises dividend by 6% to $0.35 , supplemental cash distribution of $0.15
Jul 26Hercules Capital: 14% Yield, Benefits From Rising Rates, Good Upside Potential
Jul 03Buy The Dip And Position For Higher Rates With Hercules Capital
Jun 02Hercules Capital: Buy This Fat 9.7% Yield While It's On Sale
May 24Hercules Capital: An Interesting BDC With A 7.2% 'Regular' Yield
Apr 07Financial Position Analysis
Short Term Liabilities: HTGC's short term assets ($159.6M) do not cover its short term liabilities ($160.9M).
Long Term Liabilities: HTGC's short term assets ($159.6M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: HTGC's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: HTGC's debt to equity ratio has reduced from 100.9% to 86.3% over the past 5 years.
Debt Coverage: HTGC's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: HTGC's interest payments on its debt are well covered by EBIT (4.9x coverage).