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Horizon Technology Finance (HRZN) Financials

Horizon Technology Finance logo
$7.54 +0.13 (+1.69%)
Closing price 05/6/2025 03:58 PM Eastern
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Annual Income Statements for Horizon Technology Finance

Annual Income Statements for Horizon Technology Finance

This table shows Horizon Technology Finance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 6.36 28 21 -17 -5.63
Consolidated Net Income / (Loss)		 6.36 28 21 -17 -5.63
Net Income / (Loss) Continuing Operations		 6.36 28 21 -17 -5.63
Total Pre-Tax Income 		6.36 28 21 -17 -5.63
Total Revenue		 22 48 45 5.87 14
Net Interest Income / (Expense)		 33 44 60 85 68
Total Interest Income		 42 56 79 113 100
Loans and Leases Interest Income		 - 1.49 1.83 3.35 2.95
Investment Securities Interest Income		 42 54 77 110 97
Total Interest Expense		 9.67 12 19 29 32
Long-Term Debt Interest Expense		 9.67 12 19 29 32
Total Non-Interest Income		 3.73 3.67 -15 -79 -53
Net Realized & Unrealized Capital Gains on Investments		 -14 -0.44 -15 -79 -53
Total Non-Interest Expense		 16 19 24 23 20
Insurance Policy Acquisition Costs		 - 7.06 7.75 3.09 0.30
Other Operating Expenses		 10 12 16 20 20
Weighted Average Basic Shares Outstanding		 17.53M 20.03M 24.73M 30.96M 36.10M
Weighted Average Diluted Shares Outstanding		 - - 24.73M 30.96M 36.10M
Weighted Average Basic & Diluted Shares Outstanding		 - - 24.73M 30.96M 36.10M
Cash Dividends to Common per Share		 $1.25 $1.25 $1.28 $1.37 $1.37

Quarterly Income Statements for Horizon Technology Finance

This table shows Horizon Technology Finance's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 5.99 -1.81 5.31 0.15 -12 -11 8.65 -9.13 7.28 -12 -21
Consolidated Net Income / (Loss)		 5.99 4.02 5.31 0.15 -12 -11 8.65 -9.13 7.28 -12 -21
Net Income / (Loss) Continuing Operations		 5.99 -1.81 5.31 0.15 -12 -11 8.65 -9.13 7.28 -12 -21
Total Pre-Tax Income 		6.09 -1.81 5.49 0.33 -12 -11 9.03 -8.78 7.28 -12 -21
Total Revenue		 13 4.38 13 5.02 -7.30 -5.06 14 -4.31 12 -7.52 -16
Net Interest Income / (Expense)		 18 17 21 21 22 21 18 18 17 15 16
Total Interest Income		 23 23 28 28 29 28 26 26 25 24 25
Loans and Leases Interest Income		 0.51 - 0.64 1.49 0.12 1.09 0.27 1.01 1.38 0.29 1.06
Investment Securities Interest Income		 23 23 27 27 29 27 26 25 23 23 24
Total Interest Expense		 5.34 6.21 7.12 7.18 7.11 7.57 8.16 7.94 7.95 8.21 8.68
Long-Term Debt Interest Expense		 5.34 6.21 7.12 7.18 7.11 7.57 8.16 7.94 7.95 8.21 8.68
Total Non-Interest Income		 -5.14 -13 -7.71 -16 -29 -26 -3.95 -22 -4.56 -23 -32
Net Realized & Unrealized Capital Gains on Investments		 -5.14 -13 -7.71 -16 -29 -26 -3.95 -22 -4.56 -23 -32
Total Non-Interest Expense		 6.68 6.19 7.72 4.69 4.68 5.61 4.98 4.47 4.78 4.91 4.74
Insurance Policy Acquisition Costs		 2.78 - 2.98 0.12 0.00 -0.00 0.30 0.00 0.00 - 0.00
Other Operating Expenses		 3.90 4.80 4.74 4.57 4.68 5.61 4.69 4.47 4.78 4.91 4.74
Income Tax Expense		 0.10 - 0.18 0.18 - - 0.38 0.36 - - 0.38
Weighted Average Basic Shares Outstanding		 25.74M 24.73M 28.23M 29.75M 32.45M 30.96M 33.58M 35.43M 36.57M 36.10M 40.22M
Weighted Average Diluted Shares Outstanding		 52.80M 24.73M 28.66M - 33.33M 30.96M 35.02M 36.06M 38.06M 36.10M 40.22M
Weighted Average Basic & Diluted Shares Outstanding		 52.80M 24.73M 28.66M - 33.33M 30.96M 35.02M 36.06M 38.06M 36.10M 40.22M
Cash Dividends to Common per Share		 $0.30 $0.38 $0.33 $0.33 $0.33 $0.38 $0.38 $0.33 $0.33 $0.33 $0.33

Annual Cash Flow Statements for Horizon Technology Finance

This table details how cash moves in and out of Horizon Technology Finance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 30 -0.48 -17 45 25
Net Cash From Operating Activities		 -25 -76 -246 -5.26 3.94
Net Cash From Continuing Operating Activities		 -25 -76 -246 -5.26 3.94
Net Income / (Loss) Continuing Operations		 6.36 28 21 -17 -5.63
Consolidated Net Income / (Loss)		 6.36 28 21 -17 -5.63
Depreciation Expense		 -0.31 -3.21 5.55 49 19
Amortization Expense		 1.02 1.09 1.60 1.85 1.78
Non-Cash Adjustments to Reconcile Net Income		 -30 -100 -267 -34 -4.69
Changes in Operating Assets and Liabilities, net		 -1.94 -1.82 -7.93 -4.62 -6.31
Net Cash From Investing Activities		 0.00 0.00 0.00 0.00 0.00
Net Cash From Continuing Investing Activities		 0.00 0.00 0.00 0.00 0.00
Net Cash From Financing Activities		 56 76 229 51 21
Net Cash From Continuing Financing Activities		 56 76 229 51 21
Issuance of Debt		 80 185 357 104 95
Issuance of Common Equity		 45 30 85 65 66
Repayment of Debt		 -47 -112 -177 -78 -89
Payment of Dividends		 -21 -25 -30 -41 -46
Other Financing Activities, Net		 -0.89 -2.65 -4.36 -0.74 -4.85
Cash Interest Paid		 8.59 11 17 27 30

Quarterly Cash Flow Statements for Horizon Technology Finance

This table details how cash moves in and out of Horizon Technology Finance's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -45 -2.72 16 6.64 -3.05 26 -4.39 46 -30 14 -23
Net Cash From Operating Activities		 -50 -85 13 -5.48 -24 11 4.04 54 -28 -26 -13
Net Cash From Continuing Operating Activities		 -50 -85 13 -5.48 -24 11 4.04 54 -28 -26 -13
Net Income / (Loss) Continuing Operations		 5.99 4.02 5.31 0.15 -12 -11 8.65 -9.13 7.28 -12 -21
Consolidated Net Income / (Loss)		 5.99 4.02 5.31 0.15 -12 -11 8.65 -9.13 7.28 -12 -21
Depreciation Expense		 -3.44 6.72 7.54 -0.61 18 24 3.96 25 -29 20 32
Amortization Expense		 0.44 0.46 0.48 0.47 0.48 0.42 0.39 0.42 0.46 0.51 0.65
Non-Cash Adjustments to Reconcile Net Income		 -53 -92 -1.77 1.67 -31 -3.13 -5.03 41 -7.85 -33 -23
Changes in Operating Assets and Liabilities, net		 -0.28 -4.71 1.18 -7.17 1.10 0.27 -3.94 -2.73 1.19 -0.83 -1.32
Net Cash From Investing Activities		 - - 0.00 - - - 0.00 - - - 0.00
Net Cash From Continuing Investing Activities		 - - 0.00 - - - 0.00 - - - 0.00
Net Cash From Financing Activities		 5.41 83 3.33 12 21 14 -8.43 -8.75 -1.97 40 -10
Net Cash From Continuing Financing Activities		 5.41 83 3.33 12 21 14 -8.43 -8.75 -1.97 40 -10
Issuance of Debt		 7.50 180 10 20 29 45 0.00 50 - 45 15
Issuance of Common Equity		 19 17 7.17 44 14 0.06 12 17 18 19 3.60
Repayment of Debt		 -13 -103 -4.78 -42 -12 -19 -10 -60 -9.03 -9.89 -16
Payment of Dividends		 -7.45 -9.10 -9.04 -9.19 -10 -12 -10 -13 -11 -12 -13
Other Financing Activities, Net		 -0.30 -1.89 -0.02 -0.71 -0.00 -0.00 -0.01 -3.33 0.00 -1.52 -0.01
Cash Interest Paid		 5.01 5.49 6.62 6.79 6.55 6.92 7.57 7.67 7.53 7.67 7.96

Annual Balance Sheets for Horizon Technology Finance

This table presents Horizon Technology Finance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024
Period end date 12/31/2023 12/31/2024
Total Assets		 802 822
Cash and Due from Banks		 47 70
Loans and Leases, Net of Allowance		 0.00 0.00
Other Assets		 756 752
Total Liabilities & Shareholders' Equity		 802 822
Total Liabilities		 478 486
Long-Term Debt		 462 468
Other Long-Term Liabilities		 16 18
Commitments & Contingencies		 0.00 0.00
Total Equity & Noncontrolling Interests		 324 336
Total Preferred & Common Equity		 324 336
Preferred Stock		 0.00 0.00
Total Common Equity		 324 336
Common Stock		 451 518
Retained Earnings		 -127 -182

Quarterly Balance Sheets for Horizon Technology Finance

No quarterly balance sheets for Horizon Technology Finance are available.

Annual Metrics and Ratios for Horizon Technology Finance

This table displays calculated financial ratios and metrics derived from Horizon Technology Finance's official financial filings.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - -
Revenue Growth		 0.00% 116.33% -26.14% -86.94% 142.60%
EBITDA Growth		 0.00% 268.78% -48.48% 18.16% -55.35%
EBIT Growth		 0.00% 342.85% -62.93% -181.25% 67.22%
NOPAT Growth		 0.00% 336.55% -62.93% -156.87% 67.22%
Net Income Growth		 0.00% 336.55% -62.93% -181.25% 67.22%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 0.00% -200.58% -224.08% 97.87% 174.90%
Free Cash Flow Firm Growth		 0.00% 0.00% -62.93% -3,874.03% 97.27%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 2.27%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% -84.12% -75.12%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% -50.14% -81.50%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% -150.51% -110.14%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% -135.36% -107.10%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% -143.12% -110.14%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -50.93% 94.84% -90.47%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% -139.26%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - -
EBITDA Margin		 32.17% 54.83% 62.97% 569.70% 104.86%
EBIT Margin		 28.96% 59.28% 47.05% -292.71% -39.55%
Profit (Net Income) Margin		 28.96% 58.44% 47.05% -292.71% -39.55%
Tax Burden Percent		 100.00% 98.58% 100.00% 100.00% 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 1.42% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% -3.06% -0.50%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% -5.29% -0.86%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% -7.55% -1.21%
Return on Equity (ROE)		 0.00% 0.00% 0.00% -10.61% -1.71%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% -203.06% -2.74%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% -2.14% -0.69%
Return on Assets (ROA)		 0.00% 0.00% 0.00% -2.14% -0.69%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% -10.61% -1.71%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% -5.30% -1.68%
Net Operating Profit after Tax (NOPAT)		 6.36 28 21 -12 -3.94
NOPAT Margin		 28.96% 58.44% 47.05% -204.90% -27.68%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 2.23% 0.36%
SG&A Expenses to Revenue		 23.60% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 71.04% 40.72% 52.95% 392.71% 139.55%
Earnings before Interest and Taxes (EBIT)		 6.36 28 21 -17 -5.63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 7.07 26 28 33 15
Valuation Ratios		 - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 1.17 0.99
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 1.17 0.99
Price to Revenue (P/Rev)		 0.00 0.00 5.27 64.65 23.47
Price to Earnings (P/E)		 0.00 0.00 11.19 0.00 0.00
Dividend Yield		 14.10% 10.87% 13.49% 11.59% 14.34%
Earnings Yield		 0.00% 0.00% 8.93% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 1.01 0.91
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 135.44 51.39
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 23.77 49.01
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 185.92
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - -
Debt to Equity		 0.00 0.00 0.00 1.43 1.39
Long-Term Debt to Equity		 0.00 0.00 0.00 1.43 1.39
Financial Leverage		 0.00 0.00 0.00 1.43 1.41
Leverage Ratio		 0.00 0.00 0.00 2.48 2.46
Compound Leverage Factor		 0.00 0.00 0.00 2.48 2.46
Debt to Total Capital		 0.00% 0.00% 0.00% 58.79% 58.19%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 58.79% 58.19%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 0.00% 0.00% 41.21% 41.81%
Debt to EBITDA		 0.00 0.00 0.00 13.82 31.33
Net Debt to EBITDA		 0.00 0.00 0.00 12.43 26.62
Long-Term Debt to EBITDA		 0.00 0.00 0.00 13.82 31.33
Debt to NOPAT		 0.00 0.00 0.00 -38.43 -118.66
Net Debt to NOPAT		 0.00 0.00 0.00 -34.55 -100.84
Long-Term Debt to NOPAT		 0.00 0.00 0.00 -38.43 -118.66
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - -
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 28 21 -798 -22
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 2.31 1.10 -27.55 -0.68
Operating Cash Flow to Interest Expense		 -2.61 -6.31 -12.83 -0.18 0.12
Operating Cash Flow Less CapEx to Interest Expense		 -2.61 -6.31 -12.83 -0.18 0.12
Efficiency Ratios		 - - - - -
Asset Turnover		 0.00 0.00 0.00 0.01 0.02
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - -
Invested Capital		 0.00 0.00 0.00 786 804
Invested Capital Turnover		 0.00 0.00 0.00 0.01 0.02
Increase / (Decrease) in Invested Capital		 0.00 0.00 0.00 786 18
Enterprise Value (EV)		 0.00 0.00 0.00 795 732
Market Capitalization		 0.00 0.00 237 380 334
Book Value per Share		 $0.00 $0.00 $0.00 $9.72 $8.83
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $9.72 $8.83
Total Capital		 0.00 0.00 0.00 786 804
Total Debt		 0.00 0.00 0.00 462 468
Total Long-Term Debt		 0.00 0.00 0.00 462 468
Net Debt		 0.00 0.00 0.00 416 398
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 5.16 1.69
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 462 468
Total Depreciation and Amortization (D&A)		 0.71 -2.11 7.16 51 21
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $1.46 $1.98 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 24.73M 30.96M 36.10M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 28.32M 33.40M 36.10M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 28.32M 33.40M 36.10M
Normalized Net Operating Profit after Tax (NOPAT)		 4.45 28 15 -12 -3.94
Normalized NOPAT Margin		 20.27% 58.44% 32.94% -204.90% -27.68%
Pre Tax Income Margin		 28.96% 59.28% 47.05% -292.71% -39.55%
Debt Service Ratios		 - - - - -
EBIT to Interest Expense		 0.66 2.34 1.10 -0.59 -0.17
NOPAT to Interest Expense		 0.66 2.31 1.10 -0.42 -0.12
EBIT Less CapEx to Interest Expense		 0.66 2.34 1.10 -0.59 -0.17
NOPAT Less CapEx to Interest Expense		 0.66 2.31 1.10 -0.42 -0.12
Payout Ratios		 - - - - -
Dividend Payout Ratio		 334.95% 88.37% 141.11% -235.80% -823.18%
Augmented Payout Ratio		 334.95% 88.37% 141.11% -235.80% -823.18%

Quarterly Metrics and Ratios for Horizon Technology Finance

This table displays calculated financial ratios and metrics derived from Horizon Technology Finance's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -28.95% 0.00% 54.11% 0.00% -157.18% -215.38% 0.00% -185.89% 265.12% -48.82% -214.61%
EBITDA Growth		 -75.81% 0.00% 272.86% -97.57% 95.01% 162.20% 0.48% 8,185.13% -458.67% -45.14% -10.12%
EBIT Growth		 -52.28% 0.00% 51.57% -95.65% -296.62% -489.12% 70.22% -2,751.36% 160.75% -16.58% -330.45%
NOPAT Growth		 -53.06% 0.00% 50.65% -98.00% -239.93% -489.12% 63.08% -4,141.58% 186.79% -16.58% -268.39%
Net Income Growth		 -53.06% 0.00% 50.65% 0.00% -299.90% -365.31% 0.00% -6,108.55% 160.75% -16.58% -344.93%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 0.00% -3,588.34% 122.99% 90.10% 52.66% 113.14% 0.00% 1,089.95% -19.10% -332.86% -426.28%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% -239.93% 0.00% 63.08% -4,141.58% 186.79% 96.65% -268.39%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.27% 0.00%
Revenue Q/Q Growth		 0.00% -65.70% 201.58% -62.03% -245.57% 30.78% 377.27% 0.00% 379.86% -162.38% -113.36%
EBITDA Q/Q Growth		 -61.51% 79.82% 151.35% -98.54% 2,988.21% 133.94% -4.99% 24.22% -233.69% 135.78% 55.52%
EBIT Q/Q Growth		 -20.01% -130.20% 403.31% -93.76% -3,719.34% 10.99% 184.70% -201.42% 182.93% -270.80% -67.24%
NOPAT Q/Q Growth		 -21.32% -121.14% 518.78% -97.14% -5,617.11% 10.99% 215.93% -171.00% 218.47% -219.56% -67.24%
Net Income Q/Q Growth		 0.00% -32.94% 32.02% -97.14% -7,981.58% 10.99% 181.15% 0.00% 179.69% -270.80% -70.28%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% -70.44% 114.90% -143.08% -332.64% 147.31% -64.00% 0.00% -152.05% 7.51% 49.55%
Free Cash Flow Firm Q/Q Growth		 0.00% -100.00% 0.00% -97.14% -5,617.11% -9,364.35% 101.09% -171.00% 218.47% -465.11% 45.24%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -100.00% 0.00% 0.00% 0.00% -100.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 24.18% 122.64% 102.22% 3.89% 0.00% 0.00% 95.50% 0.00% -179.11% 0.00% 0.00%
EBIT Margin		 47.71% -41.31% 41.55% 6.60% 0.00% 0.00% 64.44% 0.00% 60.35% 0.00% 0.00%
Profit (Net Income) Margin		 46.92% 91.74% 40.16% 3.03% 0.00% 0.00% 61.74% 0.00% 60.35% 0.00% 0.00%
Tax Burden Percent		 98.36% -222.04% 96.65% 45.92% 100.00% 100.00% 95.80% 104.07% 100.00% 100.00% 101.82%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 1.64% 0.00% 3.35% 54.08% 0.00% 0.00% 4.20% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% -203.06% 0.00% 0.00% 0.00% -2.74% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 5.99 -1.27 5.31 0.15 -8.39 -7.46 8.65 -6.14 7.28 -8.70 -15
NOPAT Margin		 46.92% -28.92% 40.16% 3.03% 0.00% 0.00% 61.74% 0.00% 60.35% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 1.38% 0.00% 0.00% 0.00% 0.80% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 52.29% 141.31% 58.45% 93.40% 0.00% 0.00% 35.56% 0.00% 39.65% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 6.09 -1.81 5.49 0.33 -12 -11 9.03 -8.78 7.28 -12 -21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3.09 5.37 14 0.20 6.02 14 13 16 -22 7.73 12
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 1.17 0.00 0.00 0.00 0.99 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 1.17 0.00 0.00 0.00 0.99 0.00
Price to Revenue (P/Rev)		 0.00 5.27 5.06 0.00 14.95 64.65 0.00 0.00 21.44 23.47 0.00
Price to Earnings (P/E)		 0.00 11.19 10.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 16.16% 13.49% 14.00% 13.03% 13.20% 11.59% 12.58% 11.55% 12.68% 14.34% 14.20%
Earnings Yield		 0.00% 8.93% 9.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 1.01 0.00 0.00 0.00 0.91 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 135.44 0.00 0.00 0.00 51.39 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 23.77 0.00 0.00 0.00 49.01 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 185.92 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 1.43 0.00 0.00 0.00 1.39 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 1.43 0.00 0.00 0.00 1.39 0.00
Financial Leverage		 0.00 0.00 0.00 0.00 0.00 1.43 0.00 0.00 0.00 1.41 0.00
Leverage Ratio		 0.00 0.00 0.00 0.00 0.00 2.48 0.00 0.00 0.00 2.46 0.00
Compound Leverage Factor		 0.00 0.00 0.00 0.00 0.00 2.48 0.00 0.00 0.00 2.46 0.00
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 58.79% 0.00% 0.00% 0.00% 58.19% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 58.79% 0.00% 0.00% 0.00% 58.19% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 41.21% 0.00% 0.00% 0.00% 41.81% 0.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 13.82 0.00 0.00 0.00 31.33 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 12.43 0.00 0.00 0.00 26.62 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 13.82 0.00 0.00 0.00 31.33 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -38.43 0.00 0.00 0.00 -118.66 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -34.55 0.00 0.00 0.00 -100.84 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -38.43 0.00 0.00 0.00 -118.66 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 5.99 0.00 5.31 0.15 -8.39 -794 8.65 -6.14 7.28 -27 -15
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 1.12 0.00 0.75 0.02 -1.18 -104.91 1.06 -0.77 0.92 -3.24 -1.68
Operating Cash Flow to Interest Expense		 -9.39 -13.75 1.79 -0.76 -3.34 1.48 0.50 6.84 -3.56 -3.18 -1.52
Operating Cash Flow Less CapEx to Interest Expense		 -9.39 -13.75 1.79 -0.76 -3.34 1.48 0.50 6.84 -3.56 -3.18 -1.52
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 0.00 0.00 0.00 0.00 786 0.00 0.00 0.00 804 0.00
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.00
Increase / (Decrease) in Invested Capital		 0.00 0.00 0.00 0.00 0.00 786 0.00 0.00 0.00 18 0.00
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 0.00 795 0.00 0.00 0.00 732 0.00
Market Capitalization		 0.00 237 251 276 316 380 335 0.00 358 334 375
Book Value per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $9.72 $0.00 $0.00 $0.00 $8.83 $0.00
Tangible Book Value per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $9.72 $0.00 $0.00 $0.00 $8.83 $0.00
Total Capital		 0.00 0.00 0.00 0.00 0.00 786 0.00 0.00 0.00 804 0.00
Total Debt		 0.00 0.00 0.00 0.00 0.00 462 0.00 0.00 0.00 468 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 462 0.00 0.00 0.00 468 0.00
Net Debt		 0.00 0.00 0.00 0.00 0.00 416 0.00 0.00 0.00 398 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 -5.29 0.00 0.00 3.59 3.20 0.00 2.99 0.00 3.73 6.61
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 0.00 0.00 462 0.00 0.00 0.00 468 0.00
Total Depreciation and Amortization (D&A)		 -3.01 7.18 8.02 -0.14 18 25 4.35 25 -29 20 33
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.43 $0.00 $0.46 $0.00 $0.53 $0.00 $0.38 $0.36 $0.32 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 25.74M 24.73M 28.23M 0.00 32.45M 30.96M 33.58M 35.43M 36.57M 36.10M 40.22M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 26.40M 24.73M 28.66M 0.00 33.33M 30.96M 35.02M 36.06M 38.06M 36.10M 40.22M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 26.40M 24.73M 28.66M 0.00 33.33M 30.96M 35.02M 36.06M 38.06M 36.10M 40.22M
Normalized Net Operating Profit after Tax (NOPAT)		 5.99 -1.27 5.31 0.23 -8.39 -7.46 8.65 -6.14 5.09 -8.70 -15
Normalized NOPAT Margin		 46.92% -28.92% 40.16% 4.62% 0.00% 0.00% 61.74% 0.00% 42.25% 0.00% 0.00%
Pre Tax Income Margin		 47.71% -41.31% 41.55% 6.60% 0.00% 0.00% 64.44% 0.00% 60.35% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.14 -0.29 0.77 0.05 -1.69 -1.41 1.11 -1.11 0.92 -1.51 -2.39
NOPAT to Interest Expense		 1.12 -0.20 0.75 0.02 -1.18 -0.99 1.06 -0.77 0.92 -1.06 -1.68
EBIT Less CapEx to Interest Expense		 1.14 -0.29 0.77 0.05 -1.69 -1.41 1.11 -1.11 0.92 -1.51 -2.39
NOPAT Less CapEx to Interest Expense		 1.12 -0.20 0.75 0.02 -1.18 -0.99 1.06 -0.77 0.92 -1.06 -1.68
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 141.11% 142.40% 0.00% -1,503.92% -235.80% 0.00% 124.63% -1,197.54% -823.18% -137.45%
Augmented Payout Ratio		 0.00% 141.11% 142.40% 0.00% -1,503.92% -235.80% 0.00% 124.63% -1,197.54% -823.18% -137.45%

Frequently Asked Questions About Horizon Technology Finance's Financials

When does Horizon Technology Finance's fiscal year end?

According to the most recent income statement we have on file, Horizon Technology Finance's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Horizon Technology Finance's net income changed over the last 4 years?

Horizon Technology Finance's net income appears to be on a downward trend, with a most recent value of -$5.63 million in 2024, falling from $6.36 million in 2020. The previous period was -$17.19 million in 2023. Find out what analysts predict for Horizon Technology Finance in the coming months.

How has Horizon Technology Finance revenue changed over the last 4 years?

Over the last 4 years, Horizon Technology Finance's total revenue changed from $21.98 million in 2020 to $14.24 million in 2024, a change of -35.2%.

How much debt does Horizon Technology Finance have?

Horizon Technology Finance's total liabilities were at $485.65 million at the end of 2024, a 1.5% increase from 2023, and a 1.5% increase since 2023.

How much cash does Horizon Technology Finance have?

In the past 1 years, Horizon Technology Finance's cash and equivalents has ranged from $46.63 million in 2023 to $70.26 million in 2024, and is currently $70.26 million as of their latest financial filing in 2024.

How has Horizon Technology Finance's book value per share changed over the last 4 years?

Over the last 4 years, Horizon Technology Finance's book value per share changed from 0.00 in 2020 to 8.83 in 2024, a change of 883.2%.


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This page (NASDAQ:HRZN) was last updated on 5/7/2025 by MarketBeat.com Staff
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