secwatch.observer — SEC 8-K summary
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Issuer:     Hercules Capital, Inc. (HTGC)
CIK:        0001280784
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001280784-24-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hercules Capital reports record Q3 total investment income $125.2M, NII $0.51/share
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- Record total investment income $125.2M (+7.3% YoY); NII $83.2M ($0.51/share), +8.3% YoY.
- Q3 cash distribution declared $0.48/share (incl. $0.08 supplemental); payable Nov 20; 128% NII coverage of base.
- Debt portfolio yield 14.4% (core 13.3%); non-accruals 0.6% at fair value; GAAP leverage 94.6%.
- Net asset value per share $11.40 (-0.3% QoQ); net GAAP leverage 92.5%; regulatory leverage 85.1%.
- Pending commitments $630M in signed term sheets; liquidity $572.3M; 18.9% ROAE (NII/avg equity).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280784/000128078424000027/0001280784-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280784/000128078424000027/htgc-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001280784-24-000027

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