Horizon Technology Finance Corporation (HRZN)

HRZN Statistics

Total Valuation

HRZN has a market cap or net worth of $287.60 million. The enterprise value is $626.97 million.

Market Cap	287.60M
Enterprise Value	626.97M

Important Dates

The last earnings date was Tuesday, October 28, 2025, after market close.

Earnings Date	Oct 28, 2025
Ex-Dividend Date	Nov 17, 2025

Share Statistics

HRZN has 44.38 million shares outstanding. The number of shares has increased by 17.58% in one year.

Current Share Class	44.38M
Shares Outstanding	44.38M
Shares Change (YoY)	+17.58%
Shares Change (QoQ)	+11.20%
Owned by Insiders (%)	1.21%
Owned by Institutions (%)	6.17%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	6.06
PS Ratio	2.68
Forward PS	2.81
PB Ratio	0.91
P/TBV Ratio	0.91
P/FCF Ratio	n/a
P/OCF Ratio	4.72
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	6.34
EV / EBITDA	n/a
EV / EBIT	7.73
EV / FCF	n/a

Financial Position

The company has a current ratio of 5.28, with a Debt / Equity ratio of 1.34.

Current Ratio	5.28
Quick Ratio	5.16
Debt / Equity	1.34
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	2.46

Financial Efficiency

Return on equity (ROE) is -7.27% and return on invested capital (ROIC) is 6.68%.

Return on Equity (ROE)	-7.27%
Return on Assets (ROA)	6.53%
Return on Invested Capital (ROIC)	6.68%
Return on Capital Employed (ROCE)	10.96%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.13
Inventory Turnover	n/a

Taxes

In the past 12 months, HRZN has paid $1.49 million in taxes.

Income Tax	1.49M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -33.13% in the last 52 weeks. The beta is 0.99, so HRZN's price volatility has been similar to the market average.

Beta (5Y)	0.99
52-Week Price Change	-33.13%
50-Day Moving Average	6.41
200-Day Moving Average	7.84
Relative Strength Index (RSI)	59.20
Average Volume (20 Days)	750,550

Short Selling Information

The latest short interest is 2.25 million, so 5.06% of the outstanding shares have been sold short.

Short Interest	2.25M
Short Previous Month	1.88M
Short % of Shares Out	5.06%
Short % of Float	n/a
Short Ratio (days to cover)	2.98

Income Statement

In the last 12 months, HRZN had revenue of $98.90 million and -$23.92 million in losses. Loss per share was -$0.59.

Revenue	98.90M
Gross Profit	98.90M
Operating Income	81.07M
Pretax Income	-22.43M
Net Income	-23.92M
EBITDA	n/a
EBIT	81.07M
Loss Per Share	-$0.59

Balance Sheet

The company has $84.66 million in cash and $424.03 million in debt, giving a net cash position of -$339.37 million or -$7.65 per share.

Cash & Cash Equivalents	84.66M
Total Debt	424.03M
Net Cash	-339.37M
Net Cash Per Share	-$7.65
Equity (Book Value)	315.70M
Book Value Per Share	7.12
Working Capital	83.47M

Cash Flow

Operating Cash Flow	60.92M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 81.97% and -24.19%.

Gross Margin	100.00%
Operating Margin	81.97%
Pretax Margin	-22.68%
Profit Margin	-24.19%
EBITDA Margin	n/a
EBIT Margin	81.97%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.37, which amounts to a dividend yield of 20.79%.

Dividend Per Share	$1.37
Dividend Yield	20.79%
Dividend Growth (YoY)	-3.65%
Years of Dividend Growth	3
Payout Ratio	n/a
Buyback Yield	-17.58%
Shareholder Yield	3.56%
Earnings Yield	-8.32%
FCF Yield	n/a

Analyst Forecast

The average price target for HRZN is $7.38, which is 13.89% higher than the current price. The consensus rating is "Hold".

Price Target	$7.38
Price Target Difference	13.89%
Analyst Consensus	Hold
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5