Hercules Capital Inc (HTGC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hercules Capital Inc (HTGC) has a cash flow conversion efficiency ratio of 0.036x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($79.41 Million) by net assets ($2.19 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Hercules Capital Inc balance sheet quality to measure how much of total assets are equity-financed.
Hercules Capital Inc - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Hercules Capital Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Hercules Capital Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Hercules Capital Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hercules Capital Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CITY DEV.LTD.ADR/1 SD-50
F:CDE0
|
N/A |
|
Axtel S.A.B. de C.V
MX:AXTELCPO
|
0.053x |
|
Gerdau S.A
SA:GGBR3
|
0.028x |
|
Viva Energy Group Ltd
AU:VEA
|
0.227x |
|
IAC Inc.
NASDAQ:IAC
|
0.003x |
|
Stella-Jones Inc.
TO:SJ
|
0.022x |
|
Aalberts Industries NV
AS:AALB
|
0.047x |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Hercules Capital Inc (2004–2024)
The table below shows the annual cash flow conversion efficiency of Hercules Capital Inc from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Hercules Capital Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.99 Billion | $-118.09 Million | -0.059x | -256.71% |
| 2023-12-31 | $1.80 Billion | $68.28 Million | 0.038x | +112.50% |
| 2022-12-31 | $1.40 Billion | $-424.80 Million | -0.303x | -408.38% |
| 2021-12-31 | $1.31 Billion | $128.62 Million | 0.098x | -38.90% |
| 2020-12-31 | $1.29 Billion | $207.80 Million | 0.161x | +175.74% |
| 2019-12-31 | $1.13 Billion | $-240.66 Million | -0.212x | +18.49% |
| 2018-12-31 | $955.44 Million | $-248.97 Million | -0.261x | -1090.98% |
| 2017-12-31 | $840.97 Million | $-18.40 Million | -0.022x | +87.54% |
| 2016-12-31 | $787.94 Million | $-138.38 Million | -0.176x | -10.13% |
| 2015-12-31 | $717.13 Million | $-114.36 Million | -0.159x | -296.02% |
| 2014-12-31 | $658.86 Million | $-26.53 Million | -0.040x | -125.27% |
| 2013-12-31 | $650.01 Million | $103.59 Million | 0.159x | +142.40% |
| 2012-12-31 | $515.97 Million | $-193.94 Million | -0.376x | -16.12% |
| 2011-12-31 | $431.04 Million | $-139.53 Million | -0.324x | -43.24% |
| 2010-12-31 | $412.65 Million | $-93.25 Million | -0.226x | -136.66% |
| 2009-12-31 | $366.51 Million | $225.93 Million | 0.616x | +956.45% |
| 2008-12-31 | $382.46 Million | $-27.53 Million | -0.072x | +85.66% |
| 2007-12-31 | $400.74 Million | $-201.11 Million | -0.502x | -40.47% |
| 2006-12-31 | $255.41 Million | $-91.25 Million | -0.357x | +73.84% |
| 2005-12-31 | $114.35 Million | $-156.15 Million | -1.366x | -93.27% |
| 2004-12-31 | $25.08 Million | $-17.72 Million | -0.707x | -- |
About Hercules Capital Inc
Hercules Capital, Inc. is a business development company. The firm specializing in providing private equity, venture debt, and growth capital to privately held venture capital-backed companies at all stages of development from mid venture to expansion stage including select publicly listed companies and select special opportunity companies that require additional capital to fund acquisitions, rec… Read more