Horizon Historical Cash Flow
| HRZN Stock | USD 9.23 0.06 0.65% |
Analysis of Horizon Technology cash flow over time is an excellent tool to project Horizon Technology future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Begin Period Cash Flow of 24.5 M or Other Non Cash Items of 75.5 M as it is a great indicator of Horizon Technology ability to facilitate future growth, repay debt on time or pay out dividends.
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About Horizon Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Horizon balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Horizon's non-liquid assets can be easily converted into cash.
Horizon Technology Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Horizon Technology's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Change To Account Receivables is very stable compared to the past year. As of the 18th of November 2024, Sale Purchase Of Stock is likely to grow to about 56.9 M, though Change In Working Capital is likely to grow to (4.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Dividends Paid | 24.6M | 29.8M | 40.5M | 42.5M | Depreciation | 1.1M | 1.6M | 1.9M | 1.2M |
Horizon Technology cash flow statement Correlations
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Horizon Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horizon Technology cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 4.8M | 30.4M | (477K) | (16.8M) | 45.3M | 47.5M | |
| Free Cash Flow | (51.4M) | (25.3M) | (76.0M) | (246.3M) | 50.1M | 52.6M | |
| Change In Working Capital | (2.1M) | (1.9M) | (1.8M) | (7.9M) | (4.6M) | (4.4M) | |
| Begin Period Cash Flow | 12.6M | 17.4M | 47.8M | 47.3M | 30.5M | 24.5M | |
| Other Cashflows From Financing Activities | 149.7M | 79.4M | 181.9M | 352.1M | (735K) | (698.3K) | |
| Other Non Cash Items | (69.5M) | (30.7M) | (103.0M) | (261.1M) | 71.9M | 75.5M | |
| Total Cash From Operating Activities | (51.4M) | (25.3M) | (76.0M) | (246.3M) | 50.1M | 52.6M | |
| Net Income | 19.5M | 6.4M | 27.8M | 21.2M | (17.2M) | (16.3M) | |
| Total Cash From Financing Activities | 56.2M | 55.7M | 75.5M | 229.5M | 50.5M | 32.7M | |
| End Period Cash Flow | 17.4M | 47.8M | 47.3M | 30.5M | 75.7M | 79.5M | |
| Depreciation | 726K | 1.0M | 1.1M | 1.6M | 1.9M | 1.2M | |
| Dividends Paid | 15.6M | 21.3M | 24.6M | 29.8M | 40.5M | 42.5M | |
| Change To Liabilities | (1.6M) | (1.4M) | (1.3M) | (394K) | (354.6K) | (372.3K) | |
| Change To Account Receivables | (679K) | 887K | (173K) | (3.4M) | 1.8M | 1.9M | |
| Net Borrowings | 26.5M | 33.3M | 72.6M | 179.1M | 205.9M | 216.2M | |
| Change To Operating Activities | 148K | (1.4M) | (354K) | (4.1M) | (3.7M) | (3.5M) | |
| Change To Netincome | (69.5M) | (30.7M) | (103.0M) | (261.1M) | (235.0M) | (223.2M) | |
| Issuance Of Capital Stock | 47.1M | 44.6M | 30.1M | 84.6M | 65.1M | 49.8M |
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
| 0.88 | LC | LendingClub Corp | PairCorr |
| 0.86 | QD | Qudian Inc | PairCorr |
| 0.82 | MA | Mastercard | PairCorr |
| 0.81 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.8 | V | Visa Class A | PairCorr |
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.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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.