Horizon Asset Turnover from 2010 to 2024
| HRZN Stock | USD 11.81 0.04 0.34% |
Asset Turnover | First Reported 2010-12-31 | Previous Quarter 0.10440877 | Current Value 0.064 | Quarterly Volatility 0.0345064 |
Check Horizon Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horizon main balance sheet or income statement drivers, such as Interest Expense of 30.4 M, Selling General Administrative of 3.7 M or Total Revenue of 88 M, as well as many exotic indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.11 or PTB Ratio of 1.17. Horizon financial statements analysis is a perfect complement when working with Horizon Technology Valuation or Volatility modules.
Horizon | Asset Turnover |
Latest Horizon Technology's Asset Turnover Growth Pattern
Below is the plot of the Asset Turnover of Horizon Technology Finance over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Horizon Technology's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horizon Technology's overall financial position and show how it may be relating to other accounts over time.
| Asset Turnover | 10 Years Trend |
|
Asset Turnover |
| Timeline |
Horizon Asset Turnover Regression Statistics
| Arithmetic Mean | 0.06 | |
| Coefficient Of Variation | 59.76 | |
| Mean Deviation | 0.03 | |
| Median | 0.06 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1383 | |
| R-Value | (0.11) | |
| Mean Square Error | 0 | |
| R-Squared | 0.01 | |
| Significance | 0.69 | |
| Slope | (0.0009) | |
| Total Sum of Squares | 0.02 |
Horizon Asset Turnover History
Other Fundumenentals of Horizon Technology
Horizon Technology Asset Turnover component correlations
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About Horizon Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Horizon Technology income statement, its balance sheet, and the statement of cash flows. Horizon Technology investors use historical funamental indicators, such as Horizon Technology's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Horizon Technology investors may use each financial statement separately, they are all related. The changes in Horizon Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Horizon Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Horizon Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Horizon Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 0.00 | 0.00 | |
| Asset Turnover | 0.10 | 0.06 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Horizon Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Horizon Technology's short interest history, or implied volatility extrapolated from Horizon Technology options trading.
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Complementary Tools for Horizon Stock analysis
When running Horizon Technology's price analysis, check to measure Horizon Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horizon Technology is operating at the current time. Most of Horizon Technology's value examination focuses on studying past and present price action to predict the probability of Horizon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Technology's price. Additionally, you may evaluate how the addition of Horizon Technology to your portfolios can decrease your overall portfolio volatility.
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Is Horizon Technology's industry 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 (0.49) | Revenue Per Share 3.455 | Quarterly Revenue Growth (0.07) |
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.