Hercules Capital Inc (HTGC) — Cash Flow-to-Debt Ratio
Hercules Capital Inc (HTGC) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of $79.41 Million could theoretically repay 0% of its total liabilities ($2.22 Billion) in one year. See Hercules Capital Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Hercules Capital Inc Cash Flow-to-Debt Ratio (2004–2024)
Historical debt coverage capacity for Hercules Capital Inc across 21 annual periods. Also explore Hercules Capital Inc (HTGC) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Hercules Capital Inc (2004–2024)
Year-by-year debt coverage analysis for Hercules Capital Inc. For market capitalisation and broader financial context, see Hercules Capital Inc (HTGC) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.06x | $-118.09 Million | $1.84 Billion | ▼ -251.6% |
| 2023 | 0.04x | $68.28 Million | $1.61 Billion | ▲ +116.2% |
| 2022 | -0.26x | $-424.80 Million | $1.63 Billion | ▼ -362.1% |
| 2021 | 0.10x | $128.62 Million | $1.29 Billion | ▼ -36.1% |
| 2020 | 0.16x | $207.80 Million | $1.33 Billion | ▲ +186.1% |
| 2019 | -0.18x | $-240.66 Million | $1.33 Billion | ▲ +28.0% |
| 2018 | -0.25x | $-248.97 Million | $989.75 Million | ▼ -1012.5% |
| 2017 | -0.02x | $-18.40 Million | $813.75 Million | ▲ +89.0% |
| 2016 | -0.20x | $-138.38 Million | $676.26 Million | ▼ -10.5% |
| 2015 | -0.19x | $-114.36 Million | $617.63 Million | ▼ -346.9% |
| 2014 | -0.04x | $-26.53 Million | $640.36 Million | ▼ -122.9% |
| 2013 | 0.18x | $103.59 Million | $571.71 Million | ▲ +156.8% |
| 2012 | -0.32x | $-193.94 Million | $607.67 Million | ▲ +27.6% |
| 2011 | -0.44x | $-139.53 Million | $316.35 Million | ▲ +15.5% |
| 2010 | -0.52x | $-93.25 Million | $178.72 Million | ▼ -132.9% |
| 2009 | 1.59x | $225.93 Million | $142.45 Million | ▲ +1403.4% |
| 2008 | -0.12x | $-27.53 Million | $226.21 Million | ▲ +91.5% |
| 2007 | -1.42x | $-201.11 Million | $141.21 Million | ▲ +28.6% |
| 2006 | -2.00x | $-91.25 Million | $45.73 Million | ▼ -1.3% |
| 2005 | -1.97x | $-156.15 Million | $79.30 Million | ▲ +98.3% |
| 2004 | -114.66x | $-17.72 Million | $154.54K | — |