Horizon Total Assets vs Operating Income Analysis

HRZN Stock

USD 11.37 0.17 1.52%

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 Total Assets and its Operating Income 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.

Total Assets vs Operating Income

Total Assets vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Horizon Technology Total Assets account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Horizon Technology's Total Assets and Operating Income is 0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Operating Income 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 Total Assets and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Horizon Technology Finance are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Assets i.e., Horizon Technology's Total Assets and Operating Income go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Horizon Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Horizon Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Operating Income

Operating Income is the amount of profit realized from Horizon Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Horizon Technology Finance is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 19th 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

Operating Income Other Operating Expenses

Horizon Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		1.0	-0.85	-0.43	0.85	0.31	-0.94	0.99	-0.92	0.99	0.79	0.99	-0.96	0.55	0.63	0.77	-0.19	-0.3	0.98	0.7	-0.91	0.97	1.0	-0.16	-0.39	-0.3
Short Long Term Debt Total	1.0		-0.86	-0.41	0.83	0.25	-0.94	0.99	-0.93	0.98	0.8	0.98	-0.95	0.57	0.61	0.78	-0.11	-0.23	0.98	0.7	-0.91	0.95	1.0	-0.09	-0.38	-0.23
Other Current Liab	-0.85	-0.86		0.2	-0.59	-0.15	0.72	-0.82	0.9	-0.88	-0.89	-0.87	0.78	-0.82	-0.42	-0.89	0.02	0.12	-0.9	-0.9	0.87	-0.83	-0.86	0.06	0.24	0.12
Total Current Liabilities	-0.43	-0.41	0.2		-0.47	0.11	0.41	-0.46	0.57	-0.38	-0.08	-0.4	0.59	0.25	-0.57	-0.03	0.0	0.03	-0.42	-0.19	0.59	-0.41	-0.41	0.06	0.99	0.03
Total Stockholder Equity	0.85	0.83	-0.59	-0.47		0.48	-0.86	0.84	-0.76	0.84	0.54	0.85	-0.88	0.25	0.79	0.51	-0.34	-0.45	0.81	0.45	-0.77	0.86	0.83	-0.27	-0.43	-0.45
Other Liab	0.31	0.25	-0.15	0.11	0.48		-0.24	0.24	-0.21	0.36	0.2	0.37	-0.19	0.33	0.5	0.18	-0.84	-0.86	0.26	0.24	-0.19	0.46	0.25	-0.77	0.11	-0.86
Current Deferred Revenue	-0.94	-0.94	0.72	0.41	-0.86	-0.24		-0.94	0.81	-0.9	-0.72	-0.92	0.91	-0.41	-0.57	-0.7	0.15	0.26	-0.9	-0.58	0.82	-0.89	-0.94	0.07	0.35	0.26
Net Debt	0.99	0.99	-0.82	-0.46	0.84	0.24	-0.94		-0.91	0.97	0.73	0.98	-0.96	0.51	0.62	0.71	-0.12	-0.23	0.96	0.64	-0.89	0.94	0.99	-0.11	-0.42	-0.23
Retained Earnings	-0.92	-0.93	0.9	0.57	-0.76	-0.21	0.81	-0.91		-0.93	-0.8	-0.93	0.91	-0.59	-0.69	-0.77	0.11	0.21	-0.96	-0.82	0.98	-0.91	-0.93	0.13	0.58	0.21
Accounts Payable	0.99	0.98	-0.88	-0.38	0.84	0.36	-0.9	0.97	-0.93		0.81	1.0	-0.93	0.62	0.6	0.8	-0.28	-0.39	0.98	0.75	-0.92	0.99	0.98	-0.25	-0.36	-0.39
Cash	0.79	0.8	-0.89	-0.08	0.54	0.2	-0.72	0.73	-0.8	0.81		0.79	-0.68	0.79	0.43	0.99	-0.07	-0.16	0.85	0.88	-0.79	0.79	0.8	0.06	-0.08	-0.16
Non Current Assets Total	0.99	0.98	-0.87	-0.4	0.85	0.37	-0.92	0.98	-0.93	1.0	0.79		-0.94	0.61	0.62	0.77	-0.27	-0.38	0.98	0.73	-0.91	0.98	0.98	-0.26	-0.37	-0.38
Non Currrent Assets Other	-0.96	-0.95	0.78	0.59	-0.88	-0.19	0.91	-0.96	0.91	-0.93	-0.68	-0.94		-0.35	-0.69	-0.66	0.1	0.21	-0.94	-0.63	0.92	-0.92	-0.95	0.08	0.55	0.21
Other Assets	0.55	0.57	-0.82	0.25	0.25	0.33	-0.41	0.51	-0.59	0.62	0.79	0.61	-0.35		0.15	0.8	-0.17	-0.23	0.61	0.78	-0.52	0.59	0.57	-0.2	0.19	-0.23
Long Term Debt	0.63	0.61	-0.42	-0.57	0.79	0.5	-0.57	0.62	-0.69	0.6	0.43	0.62	-0.69	0.15		0.34	-0.25	-0.32	0.63	0.44	-0.69	0.67	0.61	-0.19	-0.56	-0.32
Cash And Short Term Investments	0.77	0.78	-0.89	-0.03	0.51	0.18	-0.7	0.71	-0.77	0.8	0.99	0.77	-0.66	0.8	0.34		-0.1	-0.19	0.82	0.88	-0.76	0.76	0.78	0.04	-0.04	-0.19
Net Receivables	-0.19	-0.11	0.02	0.0	-0.34	-0.84	0.15	-0.12	0.11	-0.28	-0.07	-0.27	0.1	-0.17	-0.25	-0.1		0.99	-0.15	-0.14	0.11	-0.39	-0.12	0.92	-0.01	0.99
Common Stock Total Equity	-0.3	-0.23	0.12	0.03	-0.45	-0.86	0.26	-0.23	0.21	-0.39	-0.16	-0.38	0.21	-0.23	-0.32	-0.19	0.99		-0.26	-0.2	0.21	-0.49	-0.24	0.9	0.02	1.0
Common Stock Shares Outstanding	0.98	0.98	-0.9	-0.42	0.81	0.26	-0.9	0.96	-0.96	0.98	0.85	0.98	-0.94	0.61	0.63	0.82	-0.15	-0.26		0.79	-0.95	0.97	0.98	-0.12	-0.41	-0.26
Non Current Liabilities Total	0.7	0.7	-0.9	-0.19	0.45	0.24	-0.58	0.64	-0.82	0.75	0.88	0.73	-0.63	0.78	0.44	0.88	-0.14	-0.2	0.79		-0.83	0.74	0.7	-0.11	-0.24	-0.2
Other Current Assets	-0.91	-0.91	0.87	0.59	-0.77	-0.19	0.82	-0.89	0.98	-0.92	-0.79	-0.91	0.92	-0.52	-0.69	-0.76	0.11	0.21	-0.95	-0.83		-0.91	-0.91	0.1	0.6	0.21
Other Stockholder Equity	0.97	0.95	-0.83	-0.41	0.86	0.46	-0.89	0.94	-0.91	0.99	0.79	0.98	-0.92	0.59	0.67	0.76	-0.39	-0.49	0.97	0.74	-0.91		0.95	-0.35	-0.39	-0.49
Total Liab	1.0	1.0	-0.86	-0.41	0.83	0.25	-0.94	0.99	-0.93	0.98	0.8	0.98	-0.95	0.57	0.61	0.78	-0.12	-0.24	0.98	0.7	-0.91	0.95		-0.09	-0.38	-0.24
Total Current Assets	-0.16	-0.09	0.06	0.06	-0.27	-0.77	0.07	-0.11	0.13	-0.25	0.06	-0.26	0.08	-0.2	-0.19	0.04	0.92	0.9	-0.12	-0.11	0.1	-0.35	-0.09		0.09	0.9
Short Term Debt	-0.39	-0.38	0.24	0.99	-0.43	0.11	0.35	-0.42	0.58	-0.36	-0.08	-0.37	0.55	0.19	-0.56	-0.04	-0.01	0.02	-0.41	-0.24	0.6	-0.39	-0.38	0.09		0.02
Common Stock	-0.3	-0.23	0.12	0.03	-0.45	-0.86	0.26	-0.23	0.21	-0.39	-0.16	-0.38	0.21	-0.23	-0.32	-0.19	0.99	1.0	-0.26	-0.2	0.21	-0.49	-0.24	0.9	0.02

Click cells to compare fundamentals

Horizon Technology Account Relationship Matchups

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	836.2M	878.0M
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	30.8M	24.6M
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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When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:

How To Invest In Horizon

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Is Horizon Stock a good investment?

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What is Horizon Technology's Net Worth?

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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.

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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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

(0.98)

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.

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Horizon Total Assets vs Operating Income Analysis

Total Assets vs Operating Income

Total Assets vs Operating Income Correlation Analysis

Correlation Coefficient

Total Assets

Operating Income

Horizon Technology fundamental ratios Correlations

Horizon Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Horizon Technology fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Horizon Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Accounts Payable
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Non Currrent Assets Other	- 0.96	Net Debt
Non Currrent Assets Other	- 0.96	Total Assets
Other Current Assets	- 0.95	Common Stock Shares Outstanding
Total Liab	- 0.95	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Short Long Term Debt Total