Joseph Hoffman - Hercules Capital Independent Director

HTGC Stock  USD 19.24  0.11  0.58%   

Director

Mr. Joseph F. Hoffman is an Independent Director of Hercules Technology Growth Capital, Inc. Mr. Hoffman is a former KPMG LLP audit partner and is an experienced board member. He has more than 36 years of business experience in all aspects of financial and SEC reporting. Mr. Hoffman served as KPMG Engagement or SEC Reviewing Partner from July 1983 to September 2009 for a variety of clients ranging in size from startup companies to multinational Fortune 500 enterprises. Mr. Hoffmans client roster included clients in the following industries software, communications, electronics, semiconductor, manufacturing and financial services. A State of California licensed CPA, Mr. Hoffman was an advisor to client management and audit committees on complex accounting, audit, SEC reporting and internal control issues related to revenue recognition, business combinations, employee compensation, discontinued operations, and requirements of the SarbanesOxley Act of 2002. Mr. Hoffman belongs to the California Society of Certified Public Accountants, the National Association of Corporationrationrate Directors and the Association of Governing Boards of Universities and Colleges. Since August 2013, Mr. Hoffman has served on the Board of Directors and has chaired the Audit Committee of LiveOps, Inc since 2015.
Age 71
Tenure 10 years
Professional MarksMBA
Address 1 North B Street, San Mateo, CA, United States, 94401
Phone(650) 289-3060
Webhttps://www.htgc.com
Hoffman is a graduate of Willamette University, where he has also been a Member of the Board of Trustees since May 2011. He earned his MBA from Stanford University.

Hercules Capital Management Efficiency

The company has return on total asset (ROA) of 0.071 % which means that it generated a profit of $0.071 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1387 %, meaning that it created $0.1387 on every $100 dollars invested by stockholders. Hercules Capital's management efficiency ratios could be used to measure how well Hercules Capital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.07, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Hercules Capital's Other Assets are projected to increase significantly based on the last few years of reporting.
Hercules Capital currently holds 18.19 M in liabilities with Debt to Equity (D/E) ratio of 1.13, which is about average as compared to similar companies. Hercules Capital has a current ratio of 3.58, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Hercules Capital's use of debt, we should always consider it together with its cash and equity.

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The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups, to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. Hercules Capital, Inc. was founded in December 2003 and is based in Palo Alto, California with additional offices in Connecticut Boston, Massachusetts San Diego, California Westport, Connecticut Elmhurst, Illinois Santa Monica, California McLean, Virginia New York, New York Radnor, Pennsylvania and Washington, District of Columbia and London, United Kingdom. Hercules Technology operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 90 people. Hercules Capital (HTGC) is traded on New York Stock Exchange in USA. It is located in 1 North B Street, San Mateo, CA, United States, 94401 and employs 100 people. Hercules Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Hercules Capital Leadership Team

Elected by the shareholders, the Hercules Capital's board of directors comprises two types of representatives: Hercules Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hercules. The board's role is to monitor Hercules Capital's management team and ensure that shareholders' interests are well served. Hercules Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hercules Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Bowden, Managing Management
Joseph Hoffman, Independent Director
Brad Koenig, Independent Director
Michael Hara, Managing Communications
Thomas Fallon, Independent Director
Janice MBA, Managing Director
Scott Bluestein, President, Chief Executive Officer, Chief Investment Officer, Director
Melanie Grace, Chief Compliance Officer, General Counsel, Secretary
Kiersten Botelho, Chief Compliance Officer, General Counsel
Lesya Kulchenko, Managing Director
Robert Badavas, Independent Chairman of the Board
Pam Randhawa, Director
Steve Kuo, Senior Technology
Doreen Ho, Independent Director
Wade Loo, Director
Kate Kinlin, VP Resources
Seth Meyer, Chief Financial Officer
Carol Foster, Independent Director
Roy Liu, Managing Director
Bryan Jadot, Senior Sciences
Gayle Crowell, Independent Director
Charlie Vandis, Chief Credit Officer
Christian Follmann, Chief Operating Officer

Hercules Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hercules Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hercules Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hercules Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hercules Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hercules Capital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hercules Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade Hercules Stock refer to our How to Trade Hercules Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hercules Capital. If investors know Hercules will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hercules Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
1.6
Earnings Share
1.61
Revenue Per Share
3.064
Quarterly Revenue Growth
(0.01)
The market value of Hercules Capital is measured differently than its book value, which is the value of Hercules that is recorded on the company's balance sheet. Investors also form their own opinion of Hercules Capital's value that differs from its market value or its book value, called intrinsic value, which is Hercules Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hercules Capital's market value can be influenced by many factors that don't directly affect Hercules Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hercules Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hercules Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hercules Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.