Hercules Capital Inc (HTGC) — Net Asset Quality Index
Hercules Capital Inc (HTGC) has a Net Asset Quality Index of 49.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $4.41 Billion minus total liabilities of $2.22 Billion yields net assets of $2.19 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Hercules Capital Inc (HTGC) asset resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Hercules Capital Inc Net Asset Quality Index Over Time (2004–2024)
This chart shows how Hercules Capital Inc's Net Asset Quality Index has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the index stands at 49.7%, representing net assets of $2.19 Billion against total assets of $4.41 Billion USD. See HTGC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Hercules Capital Inc (2004–2024)
The table below presents the year-by-year Net Asset Quality Index for Hercules Capital Inc from 2004 to 2024, covering 21 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Hercules Capital Inc market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 51.9% | $1.99 Billion | $3.83 Billion | $1.84 Billion | ▼ -0.8 pp |
| 2023 | 52.8% | $1.80 Billion | $3.42 Billion | $1.61 Billion | ▲ +6.5 pp |
| 2022 | 46.3% | $1.40 Billion | $3.03 Billion | $1.63 Billion | ▼ -4.1 pp |
| 2021 | 50.3% | $1.31 Billion | $2.60 Billion | $1.29 Billion | ▲ +1.1 pp |
| 2020 | 49.2% | $1.29 Billion | $2.62 Billion | $1.33 Billion | ▲ +3.2 pp |
| 2019 | 46.0% | $1.13 Billion | $2.46 Billion | $1.33 Billion | ▼ -3.1 pp |
| 2018 | 49.1% | $955.44 Million | $1.95 Billion | $989.75 Million | ▼ -1.7 pp |
| 2017 | 50.8% | $840.97 Million | $1.65 Billion | $813.75 Million | ▼ -3.0 pp |
| 2016 | 53.8% | $787.94 Million | $1.46 Billion | $676.26 Million | ▲ +0.1 pp |
| 2015 | 53.7% | $717.13 Million | $1.33 Billion | $617.63 Million | ▲ +3.0 pp |
| 2014 | 50.7% | $658.86 Million | $1.30 Billion | $640.36 Million | ▼ -2.5 pp |
| 2013 | 53.2% | $650.01 Million | $1.22 Billion | $571.71 Million | ▲ +7.3 pp |
| 2012 | 45.9% | $515.97 Million | $1.12 Billion | $607.67 Million | ▼ -11.8 pp |
| 2011 | 57.7% | $431.04 Million | $747.39 Million | $316.35 Million | ▼ -12.1 pp |
| 2010 | 69.8% | $412.65 Million | $591.37 Million | $178.72 Million | ▼ -2.2 pp |
| 2009 | 72.0% | $366.51 Million | $508.97 Million | $142.45 Million | ▲ +9.2 pp |
| 2008 | 62.8% | $382.46 Million | $608.67 Million | $226.21 Million | ▼ -11.1 pp |
| 2007 | 73.9% | $400.74 Million | $541.94 Million | $141.21 Million | ▼ -10.9 pp |
| 2006 | 84.8% | $255.41 Million | $301.14 Million | $45.73 Million | ▲ +25.8 pp |
| 2005 | 59.1% | $114.35 Million | $193.65 Million | $79.30 Million | ▼ -40.3 pp |
| 2004 | 99.4% | $25.08 Million | $25.23 Million | $154.54K | — |