Hercules Capital Financials

HTGC Stock  USD 18.89  0.07  0.37%   
Based on the analysis of Hercules Capital's profitability, liquidity, and operating efficiency, Hercules Capital may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Hercules Capital's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 5.9 M, whereas Other Current Liabilities is forecasted to decline to about 1.8 M. Key indicators impacting Hercules Capital's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.50.7769
Way Down
Slightly volatile
Debt Equity Ratio0.550.9207
Way Down
Pretty Stable
Current Ratio0.790.8357
Notably Down
Slightly volatile
The financial analysis of Hercules Capital is a critical element in measuring its lifeblood. Investors should not minimize Hercules Capital's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

354.36 Million

  
Understanding current and past Hercules Capital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hercules Capital's financial statements are interrelated, with each one affecting the others. For example, an increase in Hercules Capital's assets may result in an increase in income on the income statement.
Please note, the presentation of Hercules Capital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hercules Capital's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hercules Capital's management manipulating its earnings.

Hercules Capital Stock Summary

Hercules Capital competes with Main Street, PennantPark Floating, FS KKR, Prospect Capital, and Carlyle Secured. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups, to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. Hercules Capital, Inc. was founded in December 2003 and is based in Palo Alto, California with additional offices in Connecticut Boston, Massachusetts San Diego, California Westport, Connecticut Elmhurst, Illinois Santa Monica, California McLean, Virginia New York, New York Radnor, Pennsylvania and Washington, District of Columbia and London, United Kingdom. Hercules Technology operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 90 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4270965084
CUSIP427096508
LocationCalifornia; U.S.A
Business Address1 North B
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.htgc.com
Phone650 289 3060
CurrencyUSD - US Dollar

Hercules Capital Key Financial Ratios

Hercules Capital Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.6B3.0B3.4B3.6B
Other Current Liab(134.2M)173.2M(414.0M)(42.0M)1.9M1.8M
Net Debt1.2B1.1B1.1B1.6B1.5B1.5B
Accounts Payable30.3M36.3M42.1M47.5M50.8M48.3M
Cash64.4M198.3M133.1M15.8M98.9M98.2M
Other Assets51.2M43.3M8.3M88.9M32.5M34.1M
Net Receivables20.2M19.1M17.4M31.7M32.7M34.4M
Total Liab1.3B1.3B1.3B1.6B1.6B1.7B
Total Current Assets84.6M217.4M150.5M2.9B131.6M125.1M
Common Stock108K115K117K134K158K165.9K
Retained Earnings(12.2M)133.4M216.5M59.9M140.0M147.0M
Other Current Assets(135.2M)(256.7M)(153.6M)(57.6M)(148.8M)(156.2M)
Short Term Debt103.9M27.9M379.3M5.5M104.8M106.6M
Long Term Debt786.9M910.8M1.2B1.6B1.8B1.9B
Inventory107.3M1.0135.2M256.7M148.8M77.6M
Net Tangible Assets1.1B1.3B1.3B1.4B1.6B1.1B
Long Term Debt Total786.9M963.8M1.3B1.6B1.8B1.1B
Capital Surpluse908.5M1.1B1.1B1.3B1.5B1.1B
Net Invested Capital2.4B2.6B2.5B3.0B3.4B2.7B

Hercules Capital Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense54.6M59.6M54.4M54.7M67.6M71.0M
Operating Income173.6M227.3M174.2M272.9M387.6M368.2M
Ebit173.7M280.1M140.1M86.7M405.1M425.4M
Ebitda173.9M224.4M213.4M250.6M405.3M425.6M
Income Before Tax173.6M227.3M174.2M102.1M337.5M354.4M
Net Income173.6M227.3M174.2M156.8M337.5M354.4M
Total Revenue243.6M297.8M255.1M184.6M434.4M456.1M
Gross Profit212.6M268.8M218.2M140.8M384.2M403.4M
Cost Of Revenue31.0M29.0M37.0M43.9M50.3M47.7M
Income Tax Expense(54.6M)(59.6M)(58.9M)(54.7M)(190K)(199.5K)
Interest Income247.5M263.4M253.4M307.3M414.1M249.1M
Net Interest Income192.9M196.5M198.9M252.5M347.9M220.1M

Hercules Capital Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash69.1M122.6M(101.4M)(110.4M)90.1M94.6M
Free Cash Flow(241.3M)207.7M128.5M(424.9M)67.4M70.8M
Depreciation262K415K317K204K190K215.7K
Other Non Cash Items(1.6M)(25.6M)(59.2M)(521.7M)(252.2M)(264.8M)
Capital Expenditures595K137K106K114K887K931.4K
Net Income173.6M227.3M174.2M102.1M337.5M354.4M
End Period Cash Flow115.0M237.6M136.3M25.9M116.0M105.4M
Dividends Paid132.1M152.4M175.5M245.1M273.7M287.4M
Change To Netincome(424.5M)(31.4M)(66.3M)10.8M9.7M10.2M
Net Borrowings322.5M(2.9M)(50.1M)343.0M394.5M414.2M
Investments(595K)(137K)(106K)(114K)(418K)(397.1K)

Hercules Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hercules Capital's current stock value. Our valuation model uses many indicators to compare Hercules Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hercules Capital competition to find correlations between indicators driving Hercules Capital's intrinsic value. More Info.
Hercules Capital is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.40  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hercules Capital is roughly  2.48 . At present, Hercules Capital's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hercules Capital's earnings, one of the primary drivers of an investment's value.

Hercules Capital Systematic Risk

Hercules Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hercules Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Hercules Capital correlated with the market. If Beta is less than 0 Hercules Capital generally moves in the opposite direction as compared to the market. If Hercules Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hercules Capital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hercules Capital is generally in the same direction as the market. If Beta > 1 Hercules Capital moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Hercules Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hercules Capital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hercules Capital growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0873

At present, Hercules Capital's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Hercules Capital November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hercules Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hercules Capital. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hercules Capital based on widely used predictive technical indicators. In general, we focus on analyzing Hercules Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hercules Capital's daily price indicators and compare them against related drivers.

Complementary Tools for Hercules Stock analysis

When running Hercules Capital's price analysis, check to measure Hercules Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hercules Capital is operating at the current time. Most of Hercules Capital's value examination focuses on studying past and present price action to predict the probability of Hercules Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Capital's price. Additionally, you may evaluate how the addition of Hercules Capital to your portfolios can decrease your overall portfolio volatility.
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