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Hercules Capital HTGC Debt-to-equity

Debt-to-equity at other companies

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Capital SouthwestCSWC
1.1×0.0×
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1.2×0.0×
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0.3×0.0×
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FS KKR Capital Corp.FSK
1.4×+0.2×
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1.3×+0.1×
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MidCap Financial Investment CorporationMFIC
1.6×-19.2×

Other financials

Income statement

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Net income$42.5M-15.6%
EPS (diluted)$0.23-20.7%

Balance sheet

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Cash & equivalents$44.9M-17.3%
Total debt$2.6B+28.1%
Total equity$2.2B+11.3%
Total assets$4.8B+19.7%

Cash flow

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Operating cash flow-$230.6M-3.8%
CapEx$19.0K+138%
Free cash flow-$230.7M-3.8%

Valuation

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Market cap$3.19B-10.0%
Enterprise value$5.7B+2.3%
P/E9.6×-4.1×

Returns & leverage

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Return on equity15.7%+4.3pp

Where this comes from

Calculated from Hercules Capital’s reported figures.

Based on the most recent quarter.

The source filing: Hercules Capital’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001280784-26-000027

FAQ

What is Hercules Capital's debt-to-equity?
Hercules Capital (HTGC) reported debt-to-equity of 1.1× in Q1 2026.
How has Hercules Capital's debt-to-equity changed year-over-year?
Hercules Capital's debt-to-equity increased by 15.1% year-over-year, from 1× to 1.1×.
What is the long-term trend for Hercules Capital's debt-to-equity?
Over 4 years (2021 to 2025), Hercules Capital's debt-to-equity has grown at a 2.3% compound annual growth rate (CAGR), from 1× to 1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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