Horizon Historical Balance Sheet

HRZN Stock  USD 9.23  0.06  0.65%   
Trend analysis of Horizon Technology Finance balance sheet accounts such as Total Current Liabilities of 21.9 M or Total Stockholder Equity of 189.8 M provides information on Horizon Technology's total assets, liabilities, and equity, which is the actual value of Horizon Technology to its prevalent stockholders. By breaking down trends over time using Horizon Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Horizon Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Horizon Technology is a good buy for the upcoming year.

Horizon Technology Inventory

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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 nation.

About Horizon Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Horizon Technology at a specified time, usually calculated after every quarter, six months, or one year. Horizon Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Horizon Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Horizon currently owns. An asset can also be divided into two categories, current and non-current.

Horizon Technology Balance Sheet Chart

At this time, Horizon Technology's Other Assets are very stable compared to the past year. As of the 18th of November 2024, Common Stock Shares Outstanding is likely to grow to about 32.5 M, though Other Current Liabilities is likely to grow to (10.5 M).

Total Assets

Total assets refers to the total amount of Horizon Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Horizon Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Horizon Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Horizon Technology Finance are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most accounts from Horizon Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Horizon Technology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 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 nation.
At this time, Horizon Technology's Other Assets are very stable compared to the past year. As of the 18th of November 2024, Common Stock Shares Outstanding is likely to grow to about 32.5 M, though Other Current Liabilities is likely to grow to (10.5 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total257.6M434.1M462.2M485.3M
Total Assets514.0M766.8M802.4M842.5M

Horizon Technology balance sheet Correlations

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0.990.97-0.93-0.610.840.24-0.94-0.910.970.650.98-0.950.510.620.44-0.12-0.230.960.63-0.320.940.990.21-0.42-0.23
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0.990.96-0.91-0.580.880.4-0.930.98-0.910.990.68-0.940.540.650.47-0.3-0.410.970.67-0.330.980.980.06-0.4-0.41
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-0.31-0.250.470.73-0.52-0.10.37-0.320.34-0.25-0.09-0.330.50.48-0.64-0.10.150.17-0.290.0-0.32-0.280.170.750.17
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Horizon Technology Account Relationship Matchups

Horizon Technology balance sheet Accounts

201920202021202220232024 (projected)
Total Assets344.0M407.2M514.0M766.8M802.4M842.5M
Short Long Term Debt Total160.2M185.8M257.6M434.1M462.2M485.3M
Other Current Liab(4.7M)(5.8M)(6.4M)(9.2M)(11.0M)(10.5M)
Total Current Liabilities4.7M5.8M6.4M9.2M23.1M21.9M
Total Stockholder Equity184.1M212.6M245.3M318.4M324.0M189.8M
Net Debt145.6M166.3M219.6M413.5M389.2M408.6M
Retained Earnings(42.6M)(58.7M)(56.0M)(67.5M)(127.0M)(120.7M)
Accounts Payable4.7M5.8M6.4M9.2M11.0M11.6M
Cash6.5M19.5M38.1M20.6M46.6M49.0M
Non Current Assets Total329.3M379.7M465.9M727.1M739.2M776.1M
Non Currrent Assets Other(344.0M)(407.2M)(514.0M)(766.8M)(735.5M)(698.8M)
Other Assets2.7M3.0M3.8M5.5M802.4M842.5M
Cash And Short Term Investments6.5M19.5M38.1M20.6M46.6M23.4M
Net Receivables5.5M4.9M6.2M13.6M13.9M10.2M
Common Stock Shares Outstanding13.5M17.5M20.0M24.7M31.0M32.5M
Liabilities And Stockholders Equity344.0M407.2M514.0M766.8M802.4M842.5M
Non Current Liabilities Total152.1M185.8M257.6M9.2M414.3M435.0M
Other Stockholder Equity226.7M271.3M301.4M385.9M450.9M473.5M
Total Liab159.9M194.6M268.6M448.4M478.4M502.3M
Total Current Assets12.0M24.4M44.2M34.2M63.2M66.4M
Common Stock16K19K22K29K36K34.2K
Net Tangible Assets184.1M212.6M245.3M318.4M366.2M203.7M
Long Term Investments329.3M379.7M465.9M727.1M735.5M413.4M
Net Invested Capital336.1M398.4M502.9M752.5M786.2M513.3M
Capital Stock16K19K22K29K36K24.6K

Pair Trading with Horizon Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Horizon Stock

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The ability to find closely correlated positions to Horizon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Technology Finance to buy it.
The correlation of Horizon Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 nation.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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
0.371
Dividend Share
1.32
Earnings Share
(0.15)
Revenue Per Share
3.009
Quarterly Revenue Growth
(0.16)
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.