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Horizon Technology (HRZN)
NASDAQ:HRZN
US Market

Horizon Technology (HRZN) Ratios

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Horizon Technology Ratios

HRZN's free cash flow for Q3 2025 was $0.81. For the 2025 fiscal year, HRZN's free cash flow was decreased by $ and operating cash flow was $0.75. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.00 5.08 2.74 3.73 6.95
Quick Ratio
0.00 5.08 2.74 -1.08 6.95
Cash Ratio
0.98 3.96 2.02 2.25 5.98
Solvency Ratio
-0.05 -0.01 -0.04 0.11 0.17
Operating Cash Flow Ratio
0.32 2.23 2.17 -26.89 -11.94
Short-Term Operating Cash Flow Coverage
0.37 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -443.51M$ -395.49M$ -415.18M$ -414.19M$ -224.42M
Leverage Ratios
Debt-to-Assets Ratio
0.56 0.57 0.58 0.57 0.50
Debt-to-Equity Ratio
1.34 1.39 1.43 1.36 1.05
Debt-to-Capital Ratio
0.57 0.58 0.59 0.58 0.51
Long-Term Debt-to-Capital Ratio
0.50 0.58 0.56 0.00 0.00
Financial Leverage Ratio
2.40 2.44 2.48 2.41 2.09
Debt Service Coverage Ratio
-0.17 -0.17 0.36 -0.04 -0.03
Interest Coverage Ratio
-0.68 -0.13 -0.05 2.14 2.34
Debt to Market Cap
1.44 1.44 1.02 0.00 0.00
Interest Debt Per Share
10.60 13.85 15.87 18.33 13.46
Net Debt to EBITDA
-13.17 -95.66 34.82 0.00 0.00
Profitability Margins
Gross Profit Margin
-78.74%4.97%100.00%25.01%52.03%
EBIT Margin
-121.54%-12.25%-120.93%0.00%0.00%
EBITDA Margin
-121.54%-12.25%-120.93%0.00%0.00%
Operating Profit Margin
-121.54%-12.25%13.56%154.15%84.72%
Pretax Profit Margin
-121.54%-12.25%159.00%82.07%84.72%
Net Profit Margin
-129.62%-16.60%174.10%79.39%83.51%
Continuous Operations Profit Margin
-129.62%-16.60%174.10%79.39%83.51%
Net Income Per EBT
106.65%135.51%109.49%96.73%98.58%
EBT Per EBIT
100.00%100.00%1172.14%53.24%100.00%
Return on Assets (ROA)
-3.15%-0.69%-2.14%2.76%5.41%
Return on Equity (ROE)
-7.71%-1.68%-5.30%6.64%11.32%
Return on Capital Employed (ROCE)
-3.57%-0.52%-0.17%5.42%5.55%
Return on Invested Capital (ROIC)
115.15%-0.52%-0.19%5.28%5.51%
Return on Tangible Assets
-3.15%-0.69%-2.14%2.76%5.41%
Earnings Yield
-8.35%-1.74%-4.21%7.37%8.71%
Efficiency Ratios
Receivables Turnover
1.16 2.05 -0.71 1.96 5.41
Payables Turnover
0.00 0.00 0.00 2.18 2.51
Inventory Turnover
0.00 0.00 0.00 0.45 15.96M
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.02 0.04 -0.01 0.03 0.06
Working Capital Turnover Ratio
-0.22 0.57 -0.30 0.85 1.18
Cash Conversion Cycle
313.80 178.06 -514.94 823.21 -78.07
Days of Sales Outstanding
313.80 178.06 -514.94 185.95 67.52
Days of Inventory Outstanding
0.00 0.00 0.00 804.60 <0.01
Days of Payables Outstanding
0.00 0.00 0.00 167.34 145.59
Operating Cycle
313.80 178.06 -514.94 990.55 67.52
Cash Flow Ratios
Operating Cash Flow Per Share
0.97 1.10 1.62 -9.96 -3.79
Free Cash Flow Per Share
0.97 1.10 1.62 -9.96 -3.79
CapEx Per Share
0.00 0.00 0.00 0.00 0.00
Free Cash Flow to Operating Cash Flow
1.00 1.00 1.00 1.00 1.00
Dividend Paid and CapEx Coverage Ratio
0.82 0.85 1.24 -8.25 -3.10
Capital Expenditure Coverage Ratio
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Coverage Ratio
0.10 0.08 0.11 -0.57 -0.29
Operating Cash Flow to Sales Ratio
2.26 1.17 -5.07 -9.24 -2.28
Free Cash Flow Yield
14.13%12.21%12.28%-85.86%-23.83%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-11.98 -57.62 -23.73 13.56 11.48
Price-to-Sales (P/S) Ratio
15.99 9.56 -41.30 10.77 9.58
Price-to-Book (P/B) Ratio
0.91 0.97 1.26 0.90 1.30
Price-to-Free Cash Flow (P/FCF) Ratio
7.08 8.19 8.14 -1.16 -4.20
Price-to-Operating Cash Flow Ratio
6.87 8.19 8.14 -1.16 -4.20
Price-to-Earnings Growth (PEG) Ratio
-0.37 0.81 0.14 -0.36 0.04
Price-to-Fair Value
0.91 0.97 1.26 0.90 1.30
Enterprise Value Multiple
-26.33 -173.74 68.97 0.00 0.00
Enterprise Value
590.69M 722.22M 823.32M 700.29M 538.40M
EV to EBITDA
-26.33 -173.74 68.97 0.00 0.00
EV to Sales
32.01 21.28 -83.41 26.29 16.18
EV to Free Cash Flow
14.16 18.22 16.44 -2.84 -7.08
EV to Operating Cash Flow
14.16 18.22 16.44 -2.84 -7.08
Tangible Book Value Per Share
7.32 9.31 10.47 12.88 12.25
Shareholders’ Equity Per Share
7.32 9.31 10.47 12.88 12.25
Tax and Other Ratios
Effective Tax Rate
-0.07 -0.36 -0.09 0.03 0.01
Revenue Per Share
0.43 0.94 -0.32 1.08 1.66
Net Income Per Share
-0.56 -0.16 -0.56 0.86 1.39
Tax Burden
1.07 1.36 1.09 0.97 0.99
Interest Burden
1.00 1.00 -1.31 0.00 0.00
Research & Development to Revenue
0.00 0.00 0.00 <0.01 <0.01
SG&A to Revenue
0.32 0.17 -0.57 0.18 0.14
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
-1.74 -7.04 -2.91 -11.64 -2.74
Currency in USD