Horizon Total Revenue vs Current Deferred Revenue 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 Total Revenue and its Current Deferred Revenue 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.
Total Revenue vs Current Deferred Revenue
Total Revenue vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Bancorp Total Revenue account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Horizon Bancorp's Total Revenue and Current Deferred Revenue is 0.58. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Current Deferred Revenue 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 Total Revenue and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Horizon Bancorp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Revenue i.e., Horizon Bancorp's Total Revenue and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Horizon Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
Horizon Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Horizon Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.