Hercules Capital Inc (HCXY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 42.37M | 94.14M | 65.6M | 88.16M | 87.42M | 75.26M | 70.35M | 72.34M | 100.7M | 159.64M | 69.28M | 106.12M | 110.43M | 58.43M | 90.91M | 140.79M | 82.77M | 154.19M | 267.79M | 44.27M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | 21.46 | 19.34 | 24.23 | 31.98 | 28.81 | 26.15 | 36.04 | 23.25 | 19.02 | 43.44 | 21.38 | 21.19 | 26.15 | 25.05 | 87.7 | 56.04 | 40.27 | 29.61 | 15.65 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | -130K | 1.05M | 3.16M | -70.44M | 0 | 13.13M | 15.13M | 28M | 5.25M | 12.34M | 7.82M | 10.95M | 8.35M | 3.37M | 3.79M | 3.71M | 14.08M | 6.76M |
| Total Non-Current Assets | 4.78B | 14.84M | 4.34B | 4.2B | 3.94B | 16.78M | 17.25M | 3.6B | 3.6B | 3.26B | 3.27B | 3.12B | 3.14B | 2.97B | 2.83B | 2.73B | 2.61B | 2.45B | 2.52B | 2.53B |
| Property, Plant & Equipment | 14.35M | 14.84M | 15.33M | 15.82M | 16.31M | 16.78M | 17.25M | 18.1M | 18.58M | 4.79M | 5.06M | 3.78M | 4.35M | 4.99M | 5.67M | 6.35M | 6.14M | 6.76M | 7.37M | 8.04M |
| Fixed Asset Turnover | 6.57x | 10.46x | 10.87x | 7.95x | 5.59x | 6.01x | 6.27x | 4.61x | 11.41x | 31.84x | 15.36x | 33.27x | 28.74x | 18.87x | 14.55x | 3.47x | 4.61x | 5.69x | 7.44x | 13.81x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 4.72B | 4.47B | 4.31B | 4.18B | 3.92B | 3.66B | 3.56B | 3.57B | 3.57B | 3.25B | 3.26B | 3.11B | 3.13B | 2.96B | 2.83B | 2.72B | 2.59B | 2.43B | 2.51B | 2.52B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 4.83B | 4.58B | 4.41B | 4.28B | 4.03B | 3.83B | 3.66B | 3.67B | 3.7B | 3.42B | 3.34B | 3.22B | 3.25B | 3.03B | 2.92B | 2.87B | 2.69B | 2.6B | 2.79B | 2.58B |
| Asset Turnover | 0.02x | 0.04x | 0.04x | 0.03x | 0.02x | 0.03x | 0.03x | 0.02x | 0.04x | 0.05x | 0.02x | 0.04x | 0.04x | 0.03x | 0.03x | 0.01x | 0.01x | 0.01x | 0.02x | 0.04x |
| Asset Growth % | 19.73% | 19.64% | 20.62% | 16.68% | 9.07% | 12.14% | 9.59% | 13.88% | 13.66% | 12.81% | 14.08% | 12.36% | 20.82% | 16.49% | 4.78% | 11.29% | 4.17% | -0.91% | 11.47% | 4.46% |
| Total Current Liabilities | 45.19M | 65.26M | 52.58M | 153.41M | 258.98M | 57.95M | 46.86M | 155.52M | 195.3M | 157.51M | 151.38M | 48.52M | 35.26M | 47.54M | 35.14M | 38.59M | 29.6M | 427.08M | 37.69M | 38.67M |
| Accounts Payable | 45.19M | 65.26M | 52.58M | 51.83M | 36.45M | 54.86M | 46.86M | 49.52M | 35.16M | 50.79M | 44.06M | 44.6M | 31.87M | 46.34M | 32.49M | 34.71M | 20.23M | 42.08M | 37.1M | 36.89M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 99.87M | 219.74M | 3.09M | 598K | 104.97M | 154.8M | 104.83M | 104.75M | 0 | 0 | 0 | 0 | 0 | 0 | 379.3M | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 507K | 301K | 0 | -598K | 0 | 537K | -3.37M | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.94x | 1.44x | 1.25x | 0.57x | 0.34x | 1.30x | 1.50x | 0.47x | 0.52x | 1.01x | 0.46x | 2.19x | 3.13x | 1.23x | 2.59x | 3.65x | 2.80x | 0.36x | 7.11x | 1.14x |
| Quick Ratio | 0.94x | 1.44x | 1.25x | 0.57x | 0.34x | 1.30x | 1.50x | 0.47x | 0.52x | 1.01x | 0.46x | 2.19x | 3.13x | 1.23x | 2.59x | 3.65x | 2.80x | 0.36x | 7.11x | 1.14x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.55B | 2.3B | 2.17B | 1.98B | 1.77B | 1.79B | 1.76B | 1.66B | 1.61B | 1.45B | 1.53B | 1.59B | 1.72B | 1.58B | 1.53B | 1.5B | 1.33B | 864.38M | 1.42B | 1.18B |
| Long-Term Debt | 2.55B | 2.3B | 2.17B | 1.96B | 1.76B | 1.77B | 1.74B | 1.64B | 1.6B | 1.45B | 1.53B | 1.59B | 1.71B | 1.57B | 1.52B | 1.5B | 1.32B | 857M | 1.41B | 1.18B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 2.6B | 2.37B | 2.22B | 2.13B | 2.03B | 1.84B | 1.8B | 1.82B | 1.81B | 1.61B | 1.68B | 1.64B | 1.75B | 1.63B | 1.56B | 1.54B | 1.36B | 1.29B | 1.45B | 1.22B |
| Total Debt | 2.55B | 2.3B | 2.17B | 2.08B | 1.99B | 1.79B | 1.76B | 1.77B | 1.77B | 1.56B | 1.64B | 1.59B | 1.72B | 1.58B | 1.53B | 1.51B | 1.33B | 1.24B | 1.42B | 1.19B |
| Net Debt | 2.51B | 2.25B | 2.14B | 2.03B | 1.94B | 1.67B | 1.72B | 1.74B | 1.72B | 1.46B | 1.61B | 1.53B | 1.65B | 1.56B | 1.47B | 1.39B | 1.27B | 1.11B | 1.18B | 1.17B |
| Debt / Equity | 1.15x | 1.04x | 0.99x | 0.97x | 1.00x | 0.90x | 0.95x | 0.95x | 0.94x | 0.87x | 0.99x | 1.00x | 1.15x | 1.13x | 1.12x | 1.13x | 1.00x | 0.95x | 1.06x | 0.87x |
| Debt / EBITDA | 59.98x | 19.79x | 18.10x | 26.35x | 39.54x | 29.04x | 25.55x | 42.10x | 19.43x | 12.98x | 58.45x | 16.79x | 18.17x | 25.25x | 28.68x | - | - | 329.54x | 59.98x | 14.31x |
| Net Debt / EBITDA | 58.98x | 19.31x | 17.85x | 25.69x | 38.53x | 27.21x | 24.98x | 41.44x | 18.88x | 12.16x | 57.31x | 16.14x | 17.42x | 24.99x | 27.61x | - | - | 294.27x | 49.99x | 14.09x |
| Interest Coverage | 1.51x | 4.58x | 4.95x | 3.44x | 2.56x | 3.07x | 3.37x | 2.18x | 5.16x | 6.91x | 1.70x | 5.52x | 5.69x | 3.93x | 3.67x | -0.81x | -0.29x | 0.31x | 1.80x | 5.71x |
| Total Equity | 2.23B | 2.22B | 2.19B | 2.15B | 2B | 1.99B | 1.85B | 1.86B | 1.89B | 1.8B | 1.65B | 1.59B | 1.5B | 1.4B | 1.36B | 1.33B | 1.33B | 1.31B | 1.34B | 1.36B |
| Equity Growth % | 11.31% | 11.38% | 18.26% | 15.86% | 6.08% | 10.37% | 12.09% | 17.09% | 25.81% | 28.63% | 21.23% | 19.41% | 12.42% | 7.1% | 1.88% | -2.11% | 1.37% | 1.3% | 14.02% | 16.52% |
| Book Value per Share | 11.31 | 11.38 | 11.27 | 11.28 | 11.41 | 12.01 | 11.47 | 11.51 | 11.94 | 11.43 | 11.23 | 11.16 | 10.94 | 10.60 | 10.54 | 10.69 | 11.27 | 11.21 | 11.51 | 10.47 |
| Total Shareholders' Equity | 2.23B | 2.22B | 2.19B | 2.15B | 2B | 1.99B | 1.85B | 1.86B | 1.89B | 1.8B | 1.65B | 1.59B | 1.5B | 1.4B | 1.36B | 1.33B | 1.33B | 1.31B | 1.34B | 1.36B |
| Common Stock | 187K | 183K | 182K | 182K | 174K | 171K | 163K | 163K | 163K | 158K | 152K | 145K | 139K | 134K | 131K | 128K | 124K | 117K | 116K | 116K |
| Retained Earnings | 56.92M | 101.15M | 87.97M | 53.68M | 57.87M | 88.92M | 109.67M | 118.9M | 154.95M | 140.01M | 72.53M | 117.09M | 89.7M | 59.91M | 74.25M | 84.99M | 155.31M | 216.52M | 170.69M | 192.33M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |