Horizon Technology Finance (HRZN) Key Ratios
$3.79
As on 13-Nov-2026 09:38EST
Market cap
$258 Mln
Revenue (TTM)
$92 Mln
P/E Ratio
--
P/B Ratio
0.7
Div. Yield
26.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -3.93 | -42.11 | 399.54 | 42.84 | 15.85 |
| EBIT | -- | -- | 128.05 | -49.75 | -24.03 |
| Net Profit | 133.66 | -59.18 | 45.19 | -247.95 | -185.98 |
| EPS | 132.98 | -71.78 | 83.53 | -233.41 | -160.82 |
| Book Value | -- | -- | -19.23 | -14.01 | -7.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 175.82 | 153.26 | 9.51 | -3.99 | -12.25 |
| Net Margin
| -- | -- | -14.22 | -- | -- |
| Return on equity
| -2.62 | 2.35 | -7.65 | -0.81 | -1.71 |
| Return on Capital
| -1.09 | 1.25 | -- | -0.33 | -0.71 |
| Return on Assets
| -1.07 | 1.23 | -2.87 | -0.33 | -0.69 |
| Debt to Equity (x)
| -- | -- | 0.00 | 1.49 | 1.39 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
-0.33
|
-0.71
|
-2.23
|
3.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-7.65
Lower than Peers by 16.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
-7.65
|
-0.81
|
-1.71
|
-5.35
|
7.50
|
|
Peer Median
|
8.67
|
--
|
--
|
--
|
--
|
ROA
-2.87
Lower than Peers by 6.47
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
-2.87
|
-0.33
|
-0.69
|
-2.19
|
3.30
|
|
Peer Median
|
3.61
|
--
|
--
|
--
|
--
|
EBIT Margin
9.51
Lower than Peers by 48.26
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
9.51
|
-3.99
|
-12.25
|
543.70
|
154.15
|
|
Peer Median
|
57.77
|
--
|
--
|
--
|
--
|
Net Margin
-14.22
Lower than Peers by 64.96
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
-14.22
|
-6.65
|
-16.60
|
-89.97
|
79.39
|
|
Peer Median
|
50.74
|
--
|
--
|
--
|
--
|
Revenue Growth
399.54
Higher than Peers by 372.69
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
399.54
|
0.18
|
0.78
|
-0.28
|
-0.20
|
|
Peer Median
|
26.85
|
--
|
--
|
--
|
--
|
EBIT Growth
128.05
Higher than Peers by 82.23
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
128.05
|
61.56
|
-104.00
|
152.86
|
45.72
|
|
Peer Median
|
45.82
|
--
|
--
|
--
|
--
|
Net Profit Growth
45.19
Higher than Peers by 18.40
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
45.19
|
52.76
|
67.22
|
-181.25
|
-23.87
|
|
Peer Median
|
26.79
|
--
|
--
|
--
|
--
|
EPS Growth
83.53
Higher than Peers by 53.14
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
83.53
|
0.60
|
0.70
|
-1.66
|
-0.42
|
|
Peer Median
|
30.39
|
--
|
--
|
--
|
--
|
Book Value Growth
-98.07
Lower than Peers by 98.60
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
-98.07
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.54
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
1.49
|
1.39
|
1.43
|
1.36
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
0.30
|
0.19
|
0.15
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
--
--
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
1.24
|
5.08
|
3.92
|
2.59
|
|
Peer Median
|
2.27
|
--
|
--
|
--
|
--
|
Quick Ratio
--
--
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
--
|
--
|
3.92
|
-0.49
|
|
Peer Median
|
2.22
|
--
|
--
|
--
|
--
|
Interest Coverage
0.59
Lower than Peers by 1.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.59
|
-0.05
|
-0.13
|
3.58
|
2.14
|
|
Peer Median
|
2.36
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
0.08
Lower than Peers by 16.73
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.08
|
30.20
|
48.78
|
72.91
|
50.95
|
|
Peer Median
|
16.81
|
--
|
--
|
--
|
--
|
Asset Turnover
0.20
Higher than Peers by 0.12
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.20
|
0.05
|
0.04
|
0.02
|
0.04
|
|
Peer Median
|
0.08
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
130.71
|
164.02
|
262.93
|
135.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
--
|
0.00
|
277.61
|
402.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
157.06
|
136.84
|
127.15
|
141.91
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
--
|
27.18
|
413.40
|
395.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
--
|
-102.65
|
-57.62
|
-25.55
|
14.76
|
|
Peer Median
|
20.07
|
--
|
--
|
--
|
--
|
Price / Book Value
0.74
Lower than Peers by 0.08
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.74
|
0.86
|
0.97
|
1.36
|
0.98
|
|
Peer Median
|
0.81
|
--
|
--
|
--
|
--
|
Dividend Yield
26.52
Higher than Peers by 16.63
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
26.52
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.89
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.46
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
13.46
|
611.90
|
-180.29
|
-54.29
|
17.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
258
Higher than Peers by 198
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
258
|
--
|
--
|
--
|
--
|
|
Peer Median
|
60
|
--
|
--
|
--
|
--
|