Horizon Technology Finance Stock Today

HTFB Stock  USD 24.55  0.02  0.08%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 68

 
High
 
Low
Quite High
Horizon Technology is trading at 24.55 as of the 25th of November 2024, a 0.08% increase since the beginning of the trading day. The stock's open price was 24.53. Horizon Technology has more than 68 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Horizon Technology Finance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
7th of April 2021
Classification
Financials
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. More on Horizon Technology Finance

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Horizon Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert Pomeroy
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Financials, Capital Markets, Trading, Materials (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt408.6 M389.2 M
Sufficiently Up
Slightly volatile
Total Current Liabilities21.9 M23.1 M
Notably Down
Slightly volatile
Non Current Liabilities Total435 M414.3 M
Sufficiently Up
Slightly volatile
Total Assets842.5 M802.4 M
Sufficiently Up
Slightly volatile
Total Current Assets66.4 M63.2 M
Sufficiently Up
Very volatile
Horizon Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Horizon Technology's financial leverage. It provides some insight into what part of Horizon Technology's total assets is financed by creditors.
Liquidity
Horizon Technology Finance currently holds 462.24 M in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Horizon Technology has a current ratio of 5.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Horizon Technology's use of debt, we should always consider it together with its cash and equity.

Change In Cash

47.52 Million
Horizon Technology Finance (HTFB) is traded on New York Stock Exchange in USA. It is located in 312 Farmington Avenue, Farmington, CT, United States, 06032-2586 and employs 19 people. Horizon Technology is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 343.84 M. Horizon Technology conducts business under Capital Markets sector and is part of Financials industry. Horizon Technology Finance currently holds about 54.35 M in cash with 50.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14.
Check Horizon Technology Probability Of Bankruptcy

Horizon Technology Historical Income Statement

At present, Horizon Technology's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 22.6 M, whereas Selling General Administrative is forecasted to decline to about 3.7 M. View More Fundamentals

Horizon Stock Against Markets

Horizon Technology Corporate Management

Daniel CFAChief VPProfile
John BombaraSenior Vice President General Counsel, Chief Compliance Officer, SecretaryProfile
CFA CFAChief VPProfile
Todd McDonaldSoutheast MidAtlanticProfile
Edmund MahoneyLead Independent DirectorProfile
Daniel CPACFO VPProfile
Megan BaconDirector MarketingProfile
When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology'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 Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Technology Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Asset Management & Custody 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 Technology. 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 Technology 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
(0.98)
Dividend Share
1.29
Earnings Share
1.224
Revenue Per Share
3.695
Quarterly Revenue Growth
0.253
The market value of Horizon Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology'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 Technology's market value can be influenced by many factors that don't directly affect Horizon Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology'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.