Horizon Short Term Debt vs Total Current Assets Analysis
| HRZN Stock | USD 11.64 0.11 0.95% |
Horizon Technology financial indicator trend analysis is much more than just examining Horizon Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Horizon Technology is a good investment. Please check the relationship between Horizon Technology Short Term Debt and its Total Current Assets accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Short Term Debt vs Total Current Assets
Short Term Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Technology Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Horizon Technology's Short Term Debt and Total Current Assets is 0.04. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Horizon Technology Finance, assuming nothing else is changed. The correlation between historical values of Horizon Technology's Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Horizon Technology Finance are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Horizon Technology's Short Term Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.04 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Short Term Debt
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Horizon Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Horizon Technology's Tax Provision is very stable compared to the past year. As of the 28th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 3.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 28.2M | 41.1M | 11.9M | 18.9M | Other Operating Expenses | 5.1M | 4.8M | 71.8M | 75.4M |
Horizon Technology fundamental ratios Correlations
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Horizon Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Horizon Technology fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 344.0M | 407.2M | 514.0M | 766.8M | 802.4M | 842.5M | |
| Short Long Term Debt Total | 152.1M | 185.8M | 257.6M | 434.1M | 462.2M | 485.3M | |
| Other Current Liab | (4.7M) | (5.8M) | (6.4M) | (9.2M) | (58.9M) | (56.0M) | |
| Total Current Liabilities | 4.7M | 5.8M | 6.4M | 9.2M | 58.9M | 48.8M | |
| Total Stockholder Equity | 184.1M | 212.6M | 245.3M | 318.4M | 324.0M | 189.8M | |
| Net Debt | 145.6M | 166.3M | 219.6M | 413.5M | 389.2M | 408.6M | |
| Retained Earnings | (42.6M) | (58.7M) | (56.0M) | (67.5M) | (127.0M) | (120.7M) | |
| Accounts Payable | 4.7M | 5.8M | 6.4M | 9.2M | 11.0M | 11.6M | |
| Cash | 6.5M | 19.5M | 38.1M | 20.6M | 73.1M | 76.7M | |
| Non Current Assets Total | 329.3M | 379.7M | 465.9M | 727.1M | 739.2M | 776.1M | |
| Non Currrent Assets Other | (329.3M) | (379.7M) | (465.9M) | (727.1M) | (709.1M) | (673.6M) | |
| Other Assets | 2.7M | 3.0M | 3.8M | 5.5M | 802.4M | 842.5M | |
| Cash And Short Term Investments | 6.5M | 19.5M | 38.1M | 20.6M | 75.7M | 79.5M | |
| Net Receivables | 5.5M | 4.9M | 6.2M | 13.6M | 13.9M | 10.2M | |
| Common Stock Shares Outstanding | 13.5M | 17.5M | 20.0M | 24.7M | 31.0M | 32.5M | |
| Liabilities And Stockholders Equity | 344.0M | 407.2M | 514.0M | 766.8M | 802.4M | 842.5M | |
| Non Current Liabilities Total | 152.1M | 185.8M | 257.6M | 9.2M | 430.4M | 452.0M | |
| Other Stockholder Equity | 226.7M | 271.3M | 301.4M | 385.9M | 450.9M | 473.5M | |
| Total Liab | 159.9M | 194.6M | 268.6M | 448.4M | 478.4M | 502.3M | |
| Total Current Assets | 12.0M | 24.4M | 44.2M | 34.2M | 63.2M | 66.4M | |
| Common Stock | 16K | 19K | 22K | 29K | 36K | 34.2K | |
| Net Tangible Assets | 184.1M | 212.6M | 245.3M | 318.4M | 366.2M | 203.7M | |
| Long Term Investments | 329.3M | 379.7M | 465.9M | 727.1M | 735.5M | 413.4M | |
| Net Invested Capital | 336.1M | 398.4M | 502.9M | 752.5M | 786.2M | 513.3M | |
| Capital Stock | 16K | 19K | 22K | 29K | 36K | 24.6K |
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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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Horizon Technology information on this page should be used as a complementary analysis to other Horizon Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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 (0.98) | Dividend Share 1.32 | Earnings Share (0.56) | Revenue Per Share 3.665 | Quarterly Revenue Growth 0.218 |
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.