Horizon Net Receivables vs Long Term Debt Analysis

HBNC Stock

USD 18.55 0.00 0.00%

Horizon Bancorp financial indicator trend analysis is much more than just examining Horizon Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horizon Bancorp is a good investment. Please check the relationship between Horizon Bancorp Net Receivables and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Bancorp Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Horizon Bancorp's Net Receivables and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Horizon Bancorp, assuming nothing else is changed. The correlation between historical values of Horizon Bancorp's Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Horizon Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Horizon Bancorp's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Long Term Debt

Long-term debt is a debt that Horizon Bancorp has held for over one year. Long-term debt appears on Horizon Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Horizon Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Horizon Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Horizon Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.At present, Horizon Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.07.

	2021	2022	2023	2024 (projected)
Interest Expense	18.3M	36.5M	146.3M	153.6M
Depreciation And Amortization	9.8M	10.8M	3.6M	4.3M

Interest Expense Depreciation And Amortization

Horizon Bancorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Inventory	Property Plant Equipment
Total Assets		0.84	0.58	0.97	0.93	0.72	0.99	-0.18	0.83	-0.47	-0.03	0.15	0.97	0.79	0.63	0.92	1.0	0.99	-0.01	0.68	0.63	0.7	0.92	0.68	0.06	0.96
Short Long Term Debt Total	0.84		0.56	0.76	0.75	0.8	0.87	-0.37	0.75	-0.31	0.02	-0.06	0.87	0.59	0.56	0.72	0.85	0.85	0.01	0.78	0.28	0.67	0.92	0.44	0.28	0.79
Total Current Liabilities	0.58	0.56		0.48	0.43	0.92	0.62	-0.83	0.93	0.13	-0.57	-0.68	0.72	0.13	0.99	0.41	0.59	0.64	-0.33	0.46	0.02	0.98	0.47	-0.11	0.77	0.56
Total Stockholder Equity	0.97	0.76	0.48		0.97	0.6	0.95	-0.07	0.71	-0.45	0.1	0.26	0.9	0.88	0.54	0.98	0.96	0.92	0.1	0.54	0.73	0.59	0.88	0.75	-0.04	0.98
Property Plant And Equipment Net	0.93	0.75	0.43	0.97		0.58	0.92	-0.07	0.66	-0.34	0.22	0.28	0.85	0.85	0.49	0.95	0.92	0.89	0.23	0.52	0.69	0.53	0.85	0.75	-0.03	0.99
Net Debt	0.72	0.8	0.92	0.6	0.58		0.76	-0.79	0.94	0.01	-0.38	-0.55	0.85	0.29	0.91	0.54	0.73	0.76	-0.22	0.6	0.06	0.95	0.69	0.07	0.71	0.68
Retained Earnings	0.99	0.87	0.62	0.95	0.92	0.76		-0.24	0.85	-0.46	-0.07	0.1	0.98	0.75	0.65	0.89	1.0	0.99	-0.05	0.71	0.59	0.73	0.92	0.65	0.11	0.95
Cash	-0.18	-0.37	-0.83	-0.07	-0.07	-0.79	-0.24		-0.63	-0.44	0.51	0.91	-0.38	0.2	-0.79	-0.04	-0.19	-0.23	0.31	-0.16	0.4	-0.78	-0.16	0.48	-0.99	-0.2
Non Current Assets Total	0.83	0.75	0.93	0.71	0.66	0.94	0.85	-0.63		-0.16	-0.45	-0.4	0.92	0.39	0.94	0.64	0.83	0.87	-0.28	0.66	0.26	0.97	0.72	0.22	0.53	0.76
Non Currrent Assets Other	-0.47	-0.31	0.13	-0.45	-0.34	0.01	-0.46	-0.44	-0.16		0.1	-0.58	-0.38	-0.49	0.1	-0.41	-0.47	-0.43	0.31	-0.45	-0.57	-0.01	-0.39	-0.71	0.55	-0.31
Other Assets	-0.03	0.02	-0.57	0.1	0.22	-0.38	-0.07	0.51	-0.45	0.1		0.54	-0.18	0.36	-0.55	0.19	-0.05	-0.1	0.82	-0.21	0.16	-0.53	0.13	0.3	-0.45	0.1
Cash And Short Term Investments	0.15	-0.06	-0.68	0.26	0.28	-0.55	0.1	0.91	-0.4	-0.58	0.54		-0.06	0.5	-0.62	0.29	0.13	0.07	0.33	0.01	0.63	-0.58	0.14	0.76	-0.94	0.15
Net Receivables	0.97	0.87	0.72	0.9	0.85	0.85	0.98	-0.38	0.92	-0.38	-0.18	-0.06		0.66	0.75	0.84	0.98	0.98	-0.12	0.68	0.48	0.82	0.91	0.52	0.26	0.91
Common Stock Shares Outstanding	0.79	0.59	0.13	0.88	0.85	0.29	0.75	0.2	0.39	-0.49	0.36	0.5	0.66		0.19	0.9	0.78	0.71	0.22	0.34	0.78	0.26	0.76	0.8	-0.3	0.81
Non Current Liabilities Total	0.63	0.56	0.99	0.54	0.49	0.91	0.65	-0.79	0.94	0.1	-0.55	-0.62	0.75	0.19		0.47	0.63	0.67	-0.3	0.48	0.1	0.98	0.49	-0.03	0.71	0.61
Other Stockholder Equity	0.92	0.72	0.41	0.98	0.95	0.54	0.89	-0.04	0.64	-0.41	0.19	0.29	0.84	0.9	0.47		0.91	0.86	0.16	0.43	0.69	0.53	0.87	0.72	-0.06	0.95
Total Liab	1.0	0.85	0.59	0.96	0.92	0.73	1.0	-0.19	0.83	-0.47	-0.05	0.13	0.98	0.78	0.63	0.91		0.99	-0.02	0.69	0.62	0.71	0.92	0.67	0.07	0.95
Property Plant And Equipment Gross	0.99	0.85	0.64	0.92	0.89	0.76	0.99	-0.23	0.87	-0.43	-0.1	0.07	0.98	0.71	0.67	0.86	0.99		-0.04	0.74	0.54	0.74	0.91	0.61	0.11	0.93
Total Current Assets	-0.01	0.01	-0.33	0.1	0.23	-0.22	-0.05	0.31	-0.28	0.31	0.82	0.33	-0.12	0.22	-0.3	0.16	-0.02	-0.04		-0.14	0.08	-0.34	0.1	0.16	-0.22	0.14
Short Term Debt	0.68	0.78	0.46	0.54	0.52	0.6	0.71	-0.16	0.66	-0.45	-0.21	0.01	0.68	0.34	0.48	0.43	0.69	0.74	-0.14		0.25	0.54	0.65	0.43	0.07	0.55
Other Liab	0.63	0.28	0.02	0.73	0.69	0.06	0.59	0.4	0.26	-0.57	0.16	0.63	0.48	0.78	0.1	0.69	0.62	0.54	0.08	0.25		0.12	0.45	0.88	-0.5	0.64
Accounts Payable	0.7	0.67	0.98	0.59	0.53	0.95	0.73	-0.78	0.97	-0.01	-0.53	-0.58	0.82	0.26	0.98	0.53	0.71	0.74	-0.34	0.54	0.12		0.6	0.03	0.7	0.66
Long Term Debt	0.92	0.92	0.47	0.88	0.85	0.69	0.92	-0.16	0.72	-0.39	0.13	0.14	0.91	0.76	0.49	0.87	0.92	0.91	0.1	0.65	0.45	0.6		0.58	0.06	0.87
Short Term Investments	0.68	0.44	-0.11	0.75	0.75	0.07	0.65	0.48	0.22	-0.71	0.3	0.76	0.52	0.8	-0.03	0.72	0.67	0.61	0.16	0.43	0.88	0.03	0.58		-0.59	0.67
Inventory	0.06	0.28	0.77	-0.04	-0.03	0.71	0.11	-0.99	0.53	0.55	-0.45	-0.94	0.26	-0.3	0.71	-0.06	0.07	0.11	-0.22	0.07	-0.5	0.7	0.06	-0.59		0.09
Property Plant Equipment	0.96	0.79	0.56	0.98	0.99	0.68	0.95	-0.2	0.76	-0.31	0.1	0.15	0.91	0.81	0.61	0.95	0.95	0.93	0.14	0.55	0.64	0.66	0.87	0.67	0.09

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Horizon Bancorp Account Relationship Matchups

Horizon Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.9B	7.4B	7.9B	7.9B	8.3B
Short Long Term Debt Total	827.2M	650.0M	771.8M	1.9B	1.5B	1.5B
Total Current Liabilities	3.1M	2.7M	2.2M	5.4M	1.1B	1.2B
Total Stockholder Equity	656.0M	692.2M	723.2M	677.4M	718.8M	754.8M
Property Plant And Equipment Net	92.2M	92.4M	93.4M	92.7M	94.6M	99.3M
Net Debt	498.8M	331.5M	173.5M	1.1B	2.0B	2.1B
Retained Earnings	269.7M	301.4M	363.7M	429.4M	429.0M	450.5M
Cash	107.3M	258.7M	598.3M	126.3M	(519.4M)	(493.4M)
Non Current Assets Total	1.3B	1.6B	3.0B	3.3B	7.4B	7.7B
Non Currrent Assets Other	(1.3B)	(1.6B)	(3.0B)	(3.3B)	209.6M	220.1M
Other Assets	3.0B	2.9B	2.6B	3.4B	1.0	0.95
Cash And Short Term Investments	948.4M	1.4B	1.8B	1.1B	(519.4M)	(493.4M)
Net Receivables	18.8M	21.4M	26.1M	35.3M	38.7M	40.6M
Common Stock Shares Outstanding	43.6M	44.1M	44.0M	43.7M	43.8M	25.8M
Liabilities And Stockholders Equity	5.2B	5.9B	7.4B	7.9B	7.9B	8.3B
Non Current Liabilities Total	606.1M	590.2M	771.8M	5.4M	6.1B	6.4B
Other Stockholder Equity	379.9M	362.9M	352.1M	354.2M	356.4M	374.2M
Total Liab	4.6B	5.2B	6.6B	7.2B	7.2B	7.6B
Property Plant And Equipment Gross	92.2M	92.4M	147.7M	151.3M	158.8M	166.8M
Total Current Assets	967.2M	1.4B	1.8B	1.2B	561.8M	1.1B
Accumulated Other Comprehensive Income	6.4M	27.9M	7.3M	(106.2M)	(66.6M)	(63.3M)
Short Term Debt	485.6M	277.4M	175.0M	742.7M	652.9M	685.5M
Other Liab	32.1M	70.4M	55.2M	30.4M	35.0M	19.8M
Accounts Payable	3.1M	2.7M	2.2M	5.4M	22.2M	23.4M
Long Term Debt	549.7M	475M	771.8M	1.3B	899.8M	944.8M
Short Term Investments	841.1M	1.1B	1.2B	997.6M	547.3M	490.5M
Inventory	(126.1M)	(280.1M)	(628.0M)	(163.8M)	480.7M	504.7M
Property Plant Equipment	92.2M	92.4M	93.4M	92.7M	106.6M	111.9M
Other Current Liab	(3.1M)	(2.7M)	(2.2M)	(5.4M)	1.1B	1.2B
Intangible Assets	26.7M	23.9M	20.9M	17.2M	13.6M	9.3M
Other Current Assets	126.1M	280.1M	628.0M	163.8M	561.8M	798.2M
Net Tangible Assets	478.1M	518.0M	547.7M	504.9M	580.7M	338.2M
Retained Earnings Total Equity	269.7M	301.4M	363.7M	429.4M	493.8M	518.5M
Long Term Debt Total	549.7M	475M	675.8M	1.1B	1.3B	1.4B
Capital Surpluse	379.9M	362.9M	352.1M	354.2M	407.3M	220.9M
Long Term Investments	212.0M	1.3B	2.7B	3.0B	2.5B	2.6B
Non Current Liabilities Other	107.0M	185.6M	170.7M	189.0M	217.4M	228.3M

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When determining whether Horizon Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Bancorp Stock:

How To Invest In Horizon

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Is Horizon Stock a good investment?

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What is Horizon Bancorp's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Bancorp. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.108

Dividend Share

0.64

Earnings Share

0.48

Revenue Per Share

4.205

Quarterly Revenue Growth

0.069

The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Horizon Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

Horizon Bancorp fundamental ratios Correlations

Horizon Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Horizon Bancorp fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Retained Earnings
Retained Earnings	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net

Inventory	- 0.99	Cash
Inventory	- 0.94	Cash And Short Term Investments
Cash	- 0.83	Total Current Liabilities
Non Current Liabilities Total	- 0.79	Cash
Cash	- 0.79	Net Debt
Accounts Payable	- 0.78	Cash