Horizon Technology Financials

HTFB Stock  USD 24.77  0.18  0.73%   
Based on the key measurements obtained from Horizon Technology's financial statements, Horizon Technology Finance may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Horizon Technology's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 558.1 M, whereas Total Current Liabilities is forecasted to decline to about 19.7 M. Key indicators impacting Horizon Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin1.651.57
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.691.28
Way Down
Slightly volatile
Current Ratio1.532.47
Way Down
Slightly volatile
The financial analysis of Horizon Technology is a critical element in measuring its lifeblood. Investors should not minimize Horizon Technology's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(18.77 Million)

  
Understanding current and past Horizon Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Horizon Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Horizon Technology's assets may result in an increase in income on the income statement.
Please note, the presentation of Horizon Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Horizon Technology's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Horizon Technology's management manipulating its earnings.

Horizon Technology Stock Summary

Horizon Technology competes with Allied Gaming, Lipocine, Motorsport Gaming, Galaxy Gaming, and GameStop Corp. Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. Horizon Technology is traded on New York Stock Exchange in the United States.
Specialization
Financials, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP44045A409
LocationConnecticut; U.S.A
Business Address312 Farmington Avenue,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.horizontechfinance.com
Phone860 676 8654
CurrencyUSD - US Dollar

Horizon Technology Key Financial Ratios

Horizon Technology Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets407.2M514.0M766.8M802.4M922.7M968.8M
Other Current Liab(5.8M)(6.4M)(9.2M)12.1M10.9M11.4M
Net Debt166.3M219.6M413.5M389.2M447.5M469.9M
Retained Earnings(58.7M)(56.0M)(67.5M)(127.0M)(114.3M)(108.6M)
Accounts Payable5.8M6.4M9.2M11.0M12.7M13.3M
Cash19.5M38.1M20.6M46.6M53.6M56.3M
Net Receivables4.9M6.2M13.6M13.9M12.5M10.2M
Other Current Assets(52.7M)(53.4M)(44.0M)2.6M2.4M2.5M
Total Liab194.6M268.6M448.4M478.4M550.1M577.6M
Total Current Assets24.4M44.2M34.2M63.2M56.9M59.7M
Short Term Debt9.7M25.1M31.5M47.9M43.1M52.3M
Common Stock19K22K29K36K32.4K30.8K
Other Assets3.0M3.8M5.5M802.4M922.7M968.8M
Net Tangible Assets184.1M212.6M245.3M318.4M366.2M225.5M

Horizon Technology Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense9.7M12.0M19.2M29.0M33.3M35.0M
Total Revenue10.3M33.3M26.6M(9.9M)(11.4M)(10.8M)
Gross Profit10.3M33.3M26.6M(9.9M)(11.4M)(10.8M)
Operating Income6.6M28.2M41.1M(1.3M)(1.5M)(1.5M)
Ebit6.6M28.2M41.1M(59.9M)(53.9M)(51.2M)
Ebitda(3.1M)29.3M41.1M11.9M13.7M20.4M
Cost Of Revenue23.9M16.0M20.0M17.6M20.2M21.2M
Income Before Tax6.6M28.2M21.9M(15.7M)(18.0M)(17.1M)
Net Income6.4M27.8M21.2M(17.2M)(19.8M)(18.8M)
Income Tax Expense222K401K715K1.5M1.7M1.8M
Research Development0.20.490.30.210.190.27

Horizon Technology Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash30.4M(477K)(16.8M)45.3M52.0M54.6M
Free Cash Flow(25.3M)(76.0M)(246.3M)50.1M45.1M47.3M
Other Non Cash Items(30.7M)(103.0M)(261.1M)71.9M64.7M67.9M
Net Income6.4M27.8M21.2M(17.2M)(19.8M)(18.8M)
End Period Cash Flow47.8M47.3M30.5M75.7M87.1M91.4M
Depreciation1.0M1.1M1.6M1.9M2.1M1.2M
Dividends Paid21.3M24.6M29.8M40.5M46.6M48.9M
Net Borrowings26.5M33.3M72.6M179.1M205.9M216.2M
Change To Netincome(69.5M)(30.7M)(103.0M)(261.1M)(235.0M)(223.2M)

Horizon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Horizon Technology's current stock value. Our valuation model uses many indicators to compare Horizon Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Horizon Technology competition to find correlations between indicators driving Horizon Technology's intrinsic value. More Info.
Horizon Technology Finance is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At present, Horizon Technology's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Technology's earnings, one of the primary drivers of an investment's value.

Horizon Technology Systematic Risk

Horizon Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Horizon Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Horizon Technology correlated with the market. If Beta is less than 0 Horizon Technology generally moves in the opposite direction as compared to the market. If Horizon Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Horizon Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Horizon Technology is generally in the same direction as the market. If Beta > 1 Horizon Technology moves generally in the same direction as, but more than the movement of the benchmark.

About Horizon Technology Financials

What exactly are Horizon Technology Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Horizon Technology's income statement, its balance sheet, and the statement of cash flows. Potential Horizon Technology investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Horizon Technology investors may use each financial statement separately, they are all related. The changes in Horizon Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Horizon Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Horizon Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Horizon Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Horizon Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.13

At present, Horizon Technology's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Horizon Technology January 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Horizon Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Horizon Technology Finance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horizon Technology Finance based on widely used predictive technical indicators. In general, we focus on analyzing Horizon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horizon Technology's daily price indicators and compare them against related drivers.

Complementary Tools for Horizon Stock analysis

When running Horizon Technology's price analysis, check to measure Horizon Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horizon Technology is operating at the current time. Most of Horizon Technology's value examination focuses on studying past and present price action to predict the probability of Horizon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Technology's price. Additionally, you may evaluate how the addition of Horizon Technology to your portfolios can decrease your overall portfolio volatility.
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