Horizon Cash from 2010 to 2025
| HRZN Stock | USD 9.31 0.03 0.32% |
Cash | First Reported 2009-12-31 | Previous Quarter 52.3 M | Current Value 70.3 M | Quarterly Volatility 22.2 M |
Check Horizon Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon Technology's main balance sheet or income statement drivers, such as Interest Expense of 33.9 M, Selling General Administrative of 3.9 M or Total Revenue of 104.9 M, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.08 or PTB Ratio of 1.17. Horizon financial statements analysis is a perfect complement when working with Horizon Technology Valuation or Volatility modules.
Horizon | Cash |
Latest Horizon Technology's Cash Growth Pattern
Below is the plot of the Cash of Horizon Technology Finance over the last few years. Cash refers to the most liquid asset of Horizon Technology, which is listed under current asset account on Horizon Technology Finance balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Horizon Technology customers. The amounts must be unrestricted with restricted cash listed in a different Horizon Technology account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Horizon Technology's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horizon Technology's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Horizon Cash Regression Statistics
| Arithmetic Mean | 24,899,078 | |
| Geometric Mean | 14,627,489 | |
| Coefficient Of Variation | 91.32 | |
| Mean Deviation | 17,725,842 | |
| Median | 20,612,000 | |
| Standard Deviation | 22,739,067 | |
| Sample Variance | 517.1T | |
| Range | 72.7M | |
| R-Value | 0.75 | |
| Mean Square Error | 244.2T | |
| R-Squared | 0.56 | |
| Significance | 0.0009 | |
| Slope | 3,571,775 | |
| Total Sum of Squares | 7756T |
Horizon Cash History
Other Fundumenentals of Horizon Technology
Horizon Technology Cash component correlations
Click cells to compare fundamentals
About Horizon Technology Financial Statements
Horizon Technology investors utilize fundamental indicators, such as Cash, to predict how Horizon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash | 70.3 M | 73.8 M | |
| Cash And Short Term Investments | 70.3 M | 73.8 M | |
| Change In Cash | 25.1 M | 26.4 M | |
| Free Cash Flow | 3.9 M | 4.1 M | |
| Begin Period Cash Flow | 75.7 M | 79.5 M | |
| Other Cashflows From Financing Activities | -4.9 M | -4.6 M | |
| Other Non Cash Items | 2.2 M | 2.3 M | |
| Total Cash From Operating Activities | 3.9 M | 4.1 M | |
| Total Cash From Financing Activities | 21.2 M | 32.1 M | |
| End Period Cash Flow | 100.9 M | 105.9 M | |
| Free Cash Flow Yield | 0.01 | 0.01 | |
| Operating Cash Flow Per Share | 0.11 | 0.11 | |
| Free Cash Flow Per Share | 0.11 | 0.11 | |
| Cash Per Share | 1.19 | 1.69 | |
| EV To Operating Cash Flow | 64.60 | 67.83 | |
| EV To Free Cash Flow | 64.60 | 67.83 | |
| Price To Operating Cash Flows Ratio | 82.44 | 86.57 | |
| Price To Free Cash Flows Ratio | 82.44 | 86.57 | |
| Cash Ratio | 4.95 | 5.19 | |
| Cash Conversion Cycle | 60.49 | 63.52 | |
| Operating Cash Flow Sales Ratio | 0.04 | 0.04 | |
| Cash Flow Coverage Ratios | 0.12 | 0.13 | |
| Price Cash Flow Ratio | 82.44 | 86.57 | |
| Cash Flow To Debt Ratio | 0.12 | 0.13 |
Pair Trading with Horizon Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Horizon Stock
Moving against Horizon Stock
| 0.64 | WD | Walker Dunlop | PairCorr |
| 0.6 | VEL | Velocity Financial Llc | PairCorr |
| 0.57 | DHIL | Diamond Hill Investment | PairCorr |
| 0.54 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.37 | AX | Axos Financial | PairCorr |
The ability to find closely correlated positions to Horizon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Technology Finance to buy it.
The correlation of Horizon Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Horizon Technology Correlation against competitors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Horizon Technology. If investors know Horizon 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 Horizon Technology 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 0.371 | Dividend Share 1.32 | Earnings Share (0.16) | Revenue Per Share | Quarterly Revenue Growth (0.17) |
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology'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 Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology'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 Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology'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.