Horizon Technology Finance (HRZN) Key Ratios
$4.87
As on 04-Sep-2026 13:37EDT
Market cap
$315 Mln
Revenue (TTM)
$104 Mln
P/E Ratio
13.1
P/B Ratio
0.8
Div. Yield
23.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -20.88 | 291.35 | 1,800.99 | 29.60 | 30.62 |
| EBIT | -- | -- | 270.99 | -17.71 | 3.13 |
| Net Profit | -1,441.32 | -79.34 | 110.70 | -31.06 | -15.69 |
| EPS | -1,076.79 | -13.78 | 130.78 | -14.15 | -9.18 |
| 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
| 265.72 | 192.58 | 29.96 | -- | -12.25 |
| Net Margin
| -- | -- | 4.89 | -- | -- |
| Return on equity
| -2.62 | 2.35 | 1.38 | -0.81 | -1.71 |
| Return on Capital
| -1.09 | 1.25 | -- | -0.33 | -0.71 |
| Return on Assets
| -1.07 | 1.23 | 0.58 | -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
1.38
Lower than Peers by 7.49
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
1.38
|
-0.81
|
-1.71
|
-5.35
|
7.50
|
|
Peer Median
|
8.87
|
--
|
--
|
--
|
--
|
ROA
0.58
Lower than Peers by 3.13
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.58
|
-0.33
|
-0.69
|
-2.19
|
3.30
|
|
Peer Median
|
3.71
|
--
|
--
|
--
|
--
|
EBIT Margin
29.96
Lower than Peers by 40.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
29.96
|
--
|
-12.25
|
543.70
|
154.15
|
|
Peer Median
|
70.00
|
--
|
--
|
--
|
--
|
Net Margin
4.89
Lower than Peers by 48.67
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)
|
4.89
|
-6.65
|
-16.60
|
-89.97
|
79.39
|
|
Peer Median
|
53.57
|
--
|
--
|
--
|
--
|
Revenue Growth
1,800.99
Higher than Peers by 1,775.25
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
1,800.99
|
0.18
|
0.78
|
-0.28
|
-0.20
|
|
Peer Median
|
25.73
|
--
|
--
|
--
|
--
|
EBIT Growth
270.99
Higher than Peers by 238.64
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
270.99
|
--
|
-104.00
|
152.86
|
45.72
|
|
Peer Median
|
32.35
|
--
|
--
|
--
|
--
|
Net Profit Growth
110.70
Higher than Peers by 78.57
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
110.70
|
52.76
|
67.22
|
-181.25
|
-23.87
|
|
Peer Median
|
32.13
|
--
|
--
|
--
|
--
|
EPS Growth
130.78
Higher than Peers by 86.54
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
130.78
|
0.60
|
0.70
|
-1.66
|
-0.42
|
|
Peer Median
|
44.24
|
--
|
--
|
--
|
--
|
Book Value Growth
-6.67
Lower than Peers by 7.46
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
-6.67
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.79
|
--
|
--
|
--
|
--
|
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
0.18
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.18
|
0.30
|
0.19
|
0.15
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.97
Lower than Peers by 0.25
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
1.97
|
1.24
|
5.08
|
3.92
|
2.59
|
|
Peer Median
|
2.22
|
--
|
--
|
--
|
--
|
Quick Ratio
1.97
Lower than Peers by 0.20
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
1.97
|
--
|
--
|
3.92
|
-0.49
|
|
Peer Median
|
2.16
|
--
|
--
|
--
|
--
|
Interest Coverage
1.17
Lower than Peers by 1.42
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
1.17
|
--
|
-0.13
|
3.58
|
2.14
|
|
Peer Median
|
2.59
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.11
Lower than Peers by 4.70
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
12.11
|
30.20
|
48.78
|
72.91
|
50.95
|
|
Peer Median
|
16.81
|
--
|
--
|
--
|
--
|
Asset Turnover
0.12
Higher than Peers by 0.04
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Horizon Technology Finance (HRZN)
|
0.12
|
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
13.06
No difference
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)
|
13.06
|
-102.65
|
-57.62
|
-25.55
|
14.76
|
|
Peer Median
|
13.06
|
--
|
--
|
--
|
--
|
Price / Book Value
0.78
Lower than Peers by 0.09
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)
|
0.78
|
0.86
|
0.97
|
1.36
|
0.98
|
|
Peer Median
|
0.87
|
--
|
--
|
--
|
--
|
Dividend Yield
23.24
Higher than Peers by 12.55
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)
|
23.24
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.69
|
--
|
--
|
--
|
--
|
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
|
-400.91
|
-180.29
|
-54.29
|
17.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
315
Higher than Peers by 247
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)
|
315
|
--
|
--
|
--
|
--
|
|
Peer Median
|
68
|
--
|
--
|
--
|
--
|