Hercules Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	29.4	113.12	98.9	15.8	133.12	198.28
Cash & Short-Term Investments	29.4	113.12	98.9	15.8	133.12	198.28
Cash Growth	-24.42%	14.38%	526.06%	-88.13%	-32.87%	207.93%
Receivables	36.33	32.58	32.74	31.68	17.37	19.08
Restricted Cash	21.09	3.3	17.11	10.08	3.15	39.34
Other Current Assets	-	0.15	10.89	0.88	0.56	0.06
Total Current Assets	86.82	149.15	159.64	58.43	154.19	256.76
Property, Plant & Equipment	15.33	16.78	4.79	4.99	6.76	9.28
Long-Term Investments	4,306	3,660	3,248	2,964	2,435	2,354
Long-Term Deferred Charges	-	-	-	-	2.16	2.68
Other Long-Term Assets	1.86	5.68	4.45	1.48	2.38	1.2
Total Assets	4,410	3,832	3,417	3,029	2,600	2,624
Accounts Payable	52.58	54.36	50.79	46.34	42.08	36.34
Accrued Expenses	-	0.5	2.6	1.2	5.7	-
Current Portion of Long-Term Debt	423.98	-	104.83	-	379.3	-
Current Portion of Leases	0.6	3.09	-	-	-	-
Other Current Liabilities	-	-	0.77	-	-	-
Total Current Liabilities	477.16	57.95	158.98	47.54	427.08	36.34
Long-Term Debt	1,727	1,769	1,450	1,574	857	1,287
Long-Term Leases	15.98	15.11	5.2	5.51	7.38	9.31
Total Liabilities	2,220	1,842	1,614	1,627	1,291	1,332
Common Stock	0.18	0.17	0.16	0.13	0.12	0.12
Additional Paid-In Capital	2,102	1,900	1,663	1,341	1,092	1,158
Retained Earnings	87.97	88.92	140.01	59.91	216.52	133.39
Shareholders' Equity	2,190	1,990	1,803	1,401	1,309	1,292
Total Liabilities & Equity	4,410	3,832	3,417	3,029	2,600	2,624
Total Debt	2,168	1,787	1,560	1,580	1,244	1,296
Net Cash (Debt)	-2,138	-1,674	-1,461	-1,564	-1,111	-1,098
Net Cash Per Share	-11.81	-10.36	-10.09	-12.35	-9.58	-9.78
Filing Date Shares Outstanding	179.45	171.09	156.5	135.52	118.73	114.69
Total Common Shares Outstanding	179.51	168.51	155.88	132.09	115.58	113.98
Working Capital	-390.34	91.2	0.66	10.89	-272.89	220.42
Book Value Per Share	12.20	11.81	11.56	10.61	11.32	11.33
Tangible Book Value	2,190	1,990	1,803	1,401	1,309	1,292
Tangible Book Value Per Share	12.20	11.81	11.56	10.61	11.32	11.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q