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 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. For the full cash flow conversion analysis, see how efficiently does Hercules Capital Inc generate cash.
Annual Cash Flow-to-Debt Ratio for Hercules Capital Inc (2004–2024)
Year-by-year debt coverage analysis for Hercules Capital Inc. Check Hercules Capital Inc (HTGC) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| 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 | — |