Hercules Capital Inc (HTGC) — Financial Flexibility Index
Hercules Capital Inc (HTGC) has a Financial Flexibility Index of 0.04x as of September 2025. Free cash flow of $79.44 Million (operating CF $79.41 Million minus capex $29.00K) represents 0% of total liabilities ($2.22 Billion). Check Hercules Capital Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Hercules Capital Inc Financial Flexibility Index (2004–2024)
Historical Financial Flexibility Index trend for Hercules Capital Inc across 21 annual periods. For the full cash flow conversion analysis, see Hercules Capital Inc (HTGC) cash conversion ratio.
Annual Financial Flexibility Index for Hercules Capital Inc (2004–2024)
Year-by-year free cash flow to debt coverage for Hercules Capital Inc. Explore Hercules Capital Inc (HTGC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.06x | $-117.38 Million | $-118.09 Million | $1.84 Billion | ▼ -248.7% |
| 2023 | 0.04x | $69.17 Million | $68.28 Million | $1.61 Billion | ▲ +116.4% |
| 2022 | -0.26x | $-424.69 Million | $-424.80 Million | $1.63 Billion | ▼ -361.8% |
| 2021 | 0.10x | $128.73 Million | $128.62 Million | $1.29 Billion | ▼ -36.1% |
| 2020 | 0.16x | $207.94 Million | $207.80 Million | $1.33 Billion | ▲ +186.4% |
| 2019 | -0.18x | $-240.07 Million | $-240.66 Million | $1.33 Billion | ▲ +28.0% |
| 2018 | -0.25x | $-248.50 Million | $-248.97 Million | $989.75 Million | ▼ -1027.1% |
| 2017 | -0.02x | $-18.13 Million | $-18.40 Million | $813.75 Million | ▲ +89.1% |
| 2016 | -0.20x | $-138.13 Million | $-138.38 Million | $676.26 Million | ▼ -10.5% |
| 2015 | -0.18x | $-114.17 Million | $-114.36 Million | $617.63 Million | ▼ -349.4% |
| 2014 | -0.04x | $-26.34 Million | $-26.53 Million | $640.36 Million | ▼ -122.6% |
| 2013 | 0.18x | $103.91 Million | $103.59 Million | $571.71 Million | ▲ +157.0% |
| 2012 | -0.32x | $-193.85 Million | $-193.94 Million | $607.67 Million | ▲ +27.6% |
| 2011 | -0.44x | $-139.34 Million | $-139.53 Million | $316.35 Million | ▲ +15.4% |
| 2010 | -0.52x | $-93.01 Million | $-93.25 Million | $178.72 Million | ▼ -132.8% |
| 2009 | 1.59x | $226.06 Million | $225.93 Million | $142.45 Million | ▲ +1433.5% |
| 2008 | -0.12x | $-26.92 Million | $-27.53 Million | $226.21 Million | ▲ +91.6% |
| 2007 | -1.42x | $-200.93 Million | $-201.11 Million | $141.21 Million | ▲ +28.0% |
| 2006 | -1.98x | $-90.43 Million | $-91.25 Million | $45.73 Million | ▼ -0.5% |
| 2005 | -1.97x | $-156.08 Million | $-156.15 Million | $79.30 Million | ▲ +98.3% |
| 2004 | -114.40x | $-17.68 Million | $-17.72 Million | $154.54K | — |