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Horizon Technology Finance (HRZN)
:HRZN
US Market

Horizon Technology (HRZN) Ratios

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Horizon Technology Ratios

HRZN's free cash flow for Q3 2025 was $0.18. For the 2025 fiscal year, HRZN's free cash flow was decreased by $ and operating cash flow was $5.87. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.77 2.74 3.73 6.95 4.23
Quick Ratio
0.77 2.74 -1.08 6.95 -4.88
Cash Ratio
0.64 2.02 2.25 5.98 3.37
Solvency Ratio
-0.02 -0.04 0.11 0.17 0.11
Operating Cash Flow Ratio
0.64 2.17 -26.89 -11.94 -4.37
Short-Term Operating Cash Flow Coverage
0.75 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -342.98M$ -415.18M$ -414.19M$ -224.42M$ -170.11M
Leverage Ratios
Debt-to-Assets Ratio
0.56 0.58 0.57 0.50 0.46
Debt-to-Equity Ratio
1.34 1.43 1.36 1.05 0.87
Debt-to-Capital Ratio
0.57 0.59 0.58 0.51 0.47
Long-Term Debt-to-Capital Ratio
0.50 0.56 0.00 0.00 0.00
Financial Leverage Ratio
2.40 2.48 2.41 2.09 1.92
Debt Service Coverage Ratio
-0.11 0.36 -0.04 -0.03 -0.02
Interest Coverage Ratio
3.09 -0.05 2.14 2.34 0.68
Debt to Market Cap
1.61 1.02 0.00 0.00 0.00
Interest Debt Per Share
10.60 15.87 18.33 13.46 11.15
Net Debt to EBITDA
-23.44 34.82 0.00 0.00 0.00
Profitability Margins
Gross Profit Margin
87.16%100.00%25.01%52.03%-22.54%
EBIT Margin
-19.80%-120.93%0.00%0.00%0.00%
EBITDA Margin
-18.95%-120.93%0.00%0.00%0.00%
Operating Profit Margin
133.38%13.56%154.15%84.72%63.74%
Pretax Profit Margin
12.24%159.00%82.07%84.72%63.74%
Net Profit Margin
-10.14%174.10%79.39%83.51%61.60%
Continuous Operations Profit Margin
-10.14%174.10%79.39%83.51%61.60%
Net Income Per EBT
-82.84%109.49%96.73%98.58%96.63%
EBT Per EBIT
9.18%1172.14%53.24%100.00%100.00%
Return on Assets (ROA)
-1.02%-2.14%2.76%5.41%1.56%
Return on Equity (ROE)
-2.50%-5.30%6.64%11.32%2.99%
Return on Capital Employed (ROCE)
16.22%-0.17%5.42%5.55%1.64%
Return on Invested Capital (ROIC)
115.73%-0.19%5.28%5.51%1.60%
Return on Tangible Assets
-1.02%-2.14%2.76%5.41%1.56%
Earnings Yield
-2.79%-4.21%7.37%8.71%2.74%
Efficiency Ratios
Receivables Turnover
4.81 -0.71 1.96 5.41 2.09
Payables Turnover
0.00 0.00 2.18 2.51 2.19
Inventory Turnover
0.00 0.00 0.45 15.96M 0.24
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.10 -0.01 0.03 0.06 0.03
Working Capital Turnover Ratio
-27.13 -0.30 0.85 1.18 0.80
Cash Conversion Cycle
75.83 -514.94 823.21 -78.07 1.53K
Days of Sales Outstanding
75.83 -514.94 185.95 67.52 174.73
Days of Inventory Outstanding
0.00 0.00 804.60 <0.01 1.52K
Days of Payables Outstanding
0.00 0.00 167.34 145.59 166.80
Operating Cycle
75.83 -514.94 990.55 67.52 1.69K
Cash Flow Ratios
Operating Cash Flow Per Share
1.95 1.62 -9.96 -3.79 -1.44
Free Cash Flow Per Share
1.95 1.62 -9.96 -3.79 -1.44
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
1.64 1.24 -8.25 -3.10 -1.19
Capital Expenditure Coverage Ratio
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Coverage Ratio
0.20 0.11 -0.57 -0.29 -0.14
Operating Cash Flow to Sales Ratio
1.10 -5.07 -9.24 -2.28 -2.45
Free Cash Flow Yield
31.90%12.28%-85.86%-23.83%-10.89%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-35.89 -23.73 13.56 11.48 36.48
Price-to-Sales (P/S) Ratio
3.45 -41.30 10.77 9.58 22.47
Price-to-Book (P/B) Ratio
0.88 1.26 0.90 1.30 1.09
Price-to-Free Cash Flow (P/FCF) Ratio
3.14 8.14 -1.16 -4.20 -9.18
Price-to-Operating Cash Flow Ratio
3.32 8.14 -1.16 -4.20 -9.18
Price-to-Earnings Growth (PEG) Ratio
-1.11 0.14 -0.36 0.04 -0.49
Price-to-Fair Value
0.88 1.26 0.90 1.30 1.09
Enterprise Value Multiple
-41.65 68.97 0.00 0.00 0.00
Enterprise Value
602.24M 823.32M 700.29M 538.40M 398.47M
EV to EBITDA
-41.60 68.97 0.00 0.00 0.00
EV to Sales
7.89 -83.41 26.29 16.18 38.57
EV to Free Cash Flow
7.18 16.44 -2.84 -7.08 -15.76
EV to Operating Cash Flow
7.18 16.44 -2.84 -7.08 -15.76
Tangible Book Value Per Share
7.32 10.47 12.88 12.25 12.12
Shareholders’ Equity Per Share
7.32 10.47 12.88 12.25 12.12
Tax and Other Ratios
Effective Tax Rate
0.08 -0.09 0.03 0.01 0.03
Revenue Per Share
1.77 -0.32 1.08 1.66 0.59
Net Income Per Share
-0.18 -0.56 0.86 1.39 0.36
Tax Burden
-0.83 1.09 0.97 0.99 0.97
Interest Burden
-0.62 -1.31 0.00 0.00 0.00
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 <0.01
SG&A to Revenue
0.08 -0.57 0.18 0.14 0.36
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
-1.28 -2.91 -11.64 -2.74 -3.97
Currency in USD