Horizon Technology Finance Corp. (HRZN)

NASDAQ: HRZN · IEX Real-Time Price · USD
13.40
-0.31 (-2.26%)
At close: Aug 17, 2022 4:00 PM
13.32
-0.08 (-0.60%)
After-hours: Aug 17, 2022 7:59 PM EDT

Total Valuation

HRZN has a market cap or net worth of $340.12 million. The enterprise value is $650.59 million.

Market Cap 340.12M
Enterprise Value 650.59M

Important Dates

The latest earnings date was Tuesday, August 2, 2022, after market close.

Last Earnings Date Aug 2, 2022
Ex-Dividend Date Sep 16, 2022

Share Statistics

HRZN has 25.38 million shares outstanding. The number of shares has increased by 22.53% in one year.

Shares Outstanding 25.38M
Shares Change (YoY) +22.53%
Shares Change (QoQ) +10.95%
Owned by Insiders (%) 1.46%
Owned by Institutions (%) 12.93%
Float n/a

Valuation Ratios

The trailing PE ratio is 10.98 and the forward PE ratio is 10.71. HRZN's PEG ratio is 2.07.

PE Ratio 10.98
Forward PE 10.71
PS Ratio 5.15
Forward PS 4.25
PB Ratio 1.17
P/FCF Ratio n/a
PEG Ratio 2.07
Financial Ratio History

Enterprise Valuation

EV / Earnings 24.86
EV / Sales 9.84
EV / EBITDA 15.99
EV / EBIT 15.99
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.26
Debt / EBITDA 8.97
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is 9.90% and return on invested capital (ROIC) is 5.00%.

Return on Equity (ROE) 9.90%
Return on Assets (ROA) 4.70%
Return on Capital (ROIC) 5.00%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, HRZN has paid $489,000 in taxes.

Income Tax 489,000
Effective Tax Rate 1.83%

Stock Price Statistics

The stock price has decreased by -21.60% in the last 52 weeks. The beta is 1.02, so HRZN's price volatility has been similar to the market average.

Beta (1Y) 1.02
52-Week Price Change -21.60%
50-Day Moving Average 12.57
200-Day Moving Average 12.99
Average Volume (30 Days) 174,172

Short Selling Information

The latest short interest is 396,962, so 1.56% of the outstanding shares have been sold short.

Short Interest 396,962
Short % of Shares Out 1.56%
Short % of Float n/a
Short Ratio (days to cover) 2.68

Income Statement

In the last 12 months, HRZN had revenue of $66.10 million and earned 26.17 million in profits. Earnings per share was $1.22.

Revenue 66.10M
Gross Profit 49.72M
Operating Income 44.92M
Pretax Income 26.66M
Net Income 26.17M
EBITDA 40.68M
EBIT 40.68M
Earnings Per Share (EPS) $1.22
Full Income Statement

Balance Sheet

The company has $54.35 million in cash and $364.82 million in debt, giving a net cash position of -$310.47 million or -$12.23 per share.

Cash & Cash Equivalents 54.35M
Total Debt 364.82M
Net Cash -310.47M
Net Cash Per Share -$12.23
Book Value 290.61M
Book Value Per Share 11.45
Working Capital n/a
Full Balance Sheet

Cash Flow

Operating Cash Flow -148.12M
Capital Expenditures n/a
Free Cash Flow -148.12M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 75.22%, with operating and profit margins of 67.95% and 39.59%.

Gross Margin 75.22%
Operating Margin 67.95%
Pretax Margin 40.33%
Profit Margin 39.59%
EBITDA Margin 61.53%
EBIT Margin 61.53%
FCF Margin -224.07%

Dividends & Yields

This stock pays an annual dividend of $1.25, which amounts to a dividend yield of 9.33%.

Dividend Per Share $1.25
Dividend Yield 9.33%
Earnings Yield 7.69%
FCF Yield -43.55%
Dividend Growth (YoY) 0.00%
Payout Ratio 104.20%
Buyback Yield -22.53%
Shareholder Yield -13.20%
Dividend Details

Analyst Forecast

The average price target for HRZN is $14.28, which is 6.57% higher than the current price. The consensus rating is "Buy".

Price Target $14.28
Price Target Difference 6.57%
Analyst Consensus Buy
Analyst Count 10
Stock Forecasts

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