Hercules Capital Inc (HTGC) — Defensive Interval Ratio

Latest as of September 2025: 799 days

Hercules Capital Inc (HTGC) has a Defensive Interval Ratio of 799 days as of September 2025. Defensive assets of $36.33 Million (cash $-, short-term investments $-, receivables $36.33 Million) cover 799 days of daily cash needs of $45.44K/day. Check how tangible is Hercules Capital Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

799 days
Days of operational coverage

Defensive Assets

$36.33 Million
Cash + ST Investments + Receivables

Daily Cash Need

$45.44K
Current Liabilities ÷ 365

Current Liabilities

$16.59 Million
USD

Hercules Capital Inc Defensive Interval Ratio (2004–2024)

This chart shows how Hercules Capital Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 799 days, meaning defensive assets of $36.33 Million can fund 799 days of operations without new revenue. Also explore Hercules Capital Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hercules Capital Inc (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hercules Capital Inc from 2004 to 2024, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Hercules Capital Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 -252 days $-37.87 Million $150.30K/day $- $-70.44 Million ▼ -328 days
2023 76 days $32.74 Million $431.54K/day $- $- ▼ -22337 days
2022 22413 days $2.92 Billion $130.24K/day $- $2.89 Billion ▲ +20389 days
2021 2025 days $2.37 Billion $1.17 Million/day $- $2.35 Billion ▲ +1833 days
2020 192 days $19.08 Million $99.57K/day $- $- ▲ +137 days
2019 55 days $20.21 Million $367.74K/day $- $- ▼ -23 days
2018 78 days $16.96 Million $216.21K/day $- $- ▲ +52 days
2017 26 days $15.95 Million $612.30K/day $- $3.69 Million ▼ -249 days
2016 275 days $19.94 Million $72.55K/day $- $8.32 Million ▲ +6699 days
2015 -6424 days $-1.18 Billion $184.22K/day $- $-1.19 Billion ▼ -6996 days
2014 572 days $22.11 Million $38.63K/day $- $12.66 Million ▲ +183 days
2013 390 days $15.23 Million $39.09K/day $- $6.27 Million ▲ +86 days
2012 304 days $9.63 Million $31.71K/day $- $- ▲ +203 days
2011 101 days $5.82 Million $57.53K/day $- $- ▼ -83 days
2010 184 days $4.40 Million $23.88K/day $- $-124.00K ▲ +68 days
2009 116 days $3.76 Million $32.47K/day $- $- ▲ +90 days
2006 26 days $2.91 Million $113.81K/day $- $- ▲ +18 days
2005 7 days $1.48 Million $208.63K/day $- $- ▼ -184 days
2004 191 days $80.90K $423.39/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)