Horizon Technology Finance Corporation (HRZN)

HRZN Statistics

Total Valuation

HRZN has a market cap or net worth of $351.70 million. The enterprise value is $733.36 million.

Market Cap	351.70M
Enterprise Value	733.36M

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date	Oct 29, 2024
Ex-Dividend Date	Feb 18, 2025

Share Statistics

HRZN has 38.06 million shares outstanding. The number of shares has increased by 18.39% in one year.

Current Share Class	38.06M
Shares Outstanding	38.06M
Shares Change (YoY)	+18.39%
Shares Change (QoQ)	+3.21%
Owned by Insiders (%)	1.30%
Owned by Institutions (%)	7.26%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	7.32
PS Ratio	3.07
Forward PS	3.36
PB Ratio	1.02
P/TBV Ratio	1.03
P/FCF Ratio	8.52
P/OCF Ratio	8.52
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	7.01
EV / EBITDA	n/a
EV / EBIT	8.52
EV / FCF	17.76

Financial Position

The company has a current ratio of 4.31, with a Debt / Equity ratio of 1.27.

Current Ratio	4.31
Quick Ratio	4.11
Debt / Equity	1.27
Debt / EBITDA	n/a
Debt / FCF	10.51
Interest Coverage	2.72

Financial Efficiency

Return on equity (ROE) is -1.12% and return on invested capital (ROIC) is 6.90%.

Return on Equity (ROE)	-1.12%
Return on Assets (ROA)	6.76%
Return on Capital (ROIC)	6.90%
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 $2.06 million in taxes.

Income Tax	2.06M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -23.45% in the last 52 weeks. The beta is 1.23, so HRZN's price volatility has been higher than the market average.

Beta (5Y)	1.23
52-Week Price Change	-23.45%
50-Day Moving Average	10.16
200-Day Moving Average	11.36
Relative Strength Index (RSI)	32.95
Average Volume (20 Days)	539,485

Short Selling Information

The latest short interest is 852,403, so 2.24% of the outstanding shares have been sold short.

Short Interest	852,403
Short Previous Month	812,788
Short % of Shares Out	2.24%
Short % of Float	n/a
Short Ratio (days to cover)	1.99

Income Statement

In the last 12 months, HRZN had revenue of $104.55 million and -$3.86 million in losses. Loss per share was -$0.11.

Revenue	104.55M
Gross Profit	104.55M
Operating Income	86.04M
Pretax Income	-21.26M
Net Income	-3.86M
EBITDA	n/a
EBIT	86.04M
Loss Per Share	-$0.11

Balance Sheet

The company has $52.30 million in cash and $433.97 million in debt, giving a net cash position of -$381.67 million or -$10.03 per share.

Cash & Cash Equivalents	52.30M
Total Debt	433.97M
Net Cash	-381.67M
Net Cash Per Share	-$10.03
Equity (Book Value)	342.53M
Book Value Per Share	9.06
Working Capital	54.79M

Cash Flow

Operating Cash Flow	41.30M
Capital Expenditures	n/a
Free Cash Flow	41.30M
FCF Per Share	$1.08

Margins

Gross margin is 100.00%, with operating and profit margins of 82.29% and -3.69%.

Gross Margin	100.00%
Operating Margin	82.29%
Pretax Margin	-1.73%
Profit Margin	-3.69%
EBITDA Margin	n/a
EBIT Margin	82.29%
FCF Margin	41.99%

Dividends & Yields

This stock pays an annual dividend of $1.32, which amounts to a dividend yield of 14.29%.

Dividend Per Share	$1.32
Dividend Yield	14.29%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-18.39%
Shareholder Yield	-4.10%
Earnings Yield	-1.10%
FCF Yield	11.74%

Analyst Forecast

The average price target for HRZN is $9.63, which is 4.22% higher than the current price. The consensus rating is "Sell".

Price Target	$9.63
Price Target Difference	4.22%
Analyst Consensus	Sell
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	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

HRZN has an Altman Z-Score of 0.84 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.84
Piotroski F-Score	5