Horizon Technology Finance Corp (HTFC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 86M | 117.61M | 84.66M | 42.22M | 52.88M | 90.16M | 71.36M | 101.29M | 66.03M | 63.2M | 51.79M | 42.19M | 36.67M | 36.97M | 36.43M | 65.02M | 22.27M | 45.57M | 28.72M | 34.34M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 46.71 | 58 | - | -141.29 | -137 | -621.04 | 87.92 | 2.51K | 74.14 | 47.82 | -391.69 | 147.39 | 87.17 | 93.94 | 73.59 | 61.07 | 78.12 | 81.14 | 33.66 | 48.66 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 38.77M | 0 | -146.77M | 3.23M | 3.46M | 3.34M | 3.27M | 3.22M | 2.53M | 2.64M | 2.84M | 2.9M | 2.99M | 2.79M | 1.62M | 1.58M | 1.51M | 1.36M | 1.5M | 1.5M |
| Total Non-Current Assets | 705.64M | 693.5M | 674.55M | 684.58M | 736.72M | 731.67M | 721.72M | 686.12M | 736.25M | 739.16M | 745.46M | 745.22M | 741.56M | 729.85M | 644.96M | 602.9M | 519.27M | 468.39M | 477.06M | 419.78M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 695.7M | 647.24M | 603.51M | 675.91M | 730.52M | 725.16M | 715.08M | 679.18M | 733M | 735.53M | 741.51M | 741.26M | 739.01M | 727.09M | 642.36M | 599.45M | 517.02M | 465.94M | 474.4M | 417.22M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 791.65M | 811.1M | 759.21M | 726.8M | 789.59M | 821.83M | 793.07M | 787.4M | 802.29M | 802.36M | 797.24M | 787.41M | 778.24M | 766.83M | 681.39M | 667.92M | 541.54M | 513.96M | 505.77M | 454.12M |
| Asset Turnover | 0.03x | 0.02x | 0.06x | -0.01x | -0.01x | -0.00x | 0.02x | 0.00x | 0.02x | 0.03x | -0.00x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | 0.04x | 0.02x |
| Asset Growth % | 0.26% | -1.31% | -4.27% | -7.7% | -1.58% | 2.43% | -0.52% | -0% | 3.09% | 4.63% | 17% | 17.89% | 43.71% | 49.2% | 34.72% | 47.08% | 15.32% | 26.23% | 33.96% | 12.61% |
| Total Current Liabilities | 25.78M | 95.17M | 131.28M | 75.36M | 74.35M | 17.75M | 16.57M | 15.88M | 17.68M | 16.14M | 15.17M | 56.91M | 16.91M | 14.3M | 14.69M | 12.49M | 11.05M | 11.01M | 10.33M | 9.65M |
| Accounts Payable | 2.87M | 15.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.92M | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 25.78M | 95.17M | 111.8M | 57.5M | 57.5M | 0 | 0 | 0 | 0 | 0 | 0 | 42.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | -5.68M | -16.03M | 19.48M | 13.87M | 13.31M | 13.16M | 12.47M | 11.89M | 13.1M | 11.01M | 10.99M | 10.59M | 9.37M | 9.16M | -4.65M | 7.46M | 7.19M | 6.37M | 6.13M | 6.01M |
| Current Ratio | 3.34x | 1.24x | 0.64x | 0.56x | 0.71x | 5.08x | 4.31x | 6.38x | 3.74x | 3.92x | 3.41x | 0.74x | 2.17x | 2.59x | 2.48x | 5.21x | 2.01x | 4.14x | 2.78x | 3.56x |
| Quick Ratio | 3.34x | 1.24x | 0.64x | 0.56x | 0.71x | 5.08x | 4.31x | 6.38x | 3.74x | 3.92x | 3.41x | 0.74x | 2.17x | 2.59x | 2.48x | 5.21x | 2.01x | 4.14x | 2.78x | 3.56x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 432M | 397.43M | 427.97M | 367.64M | 409.78M | 467.9M | 433.97M | 442.74M | 452.49M | 462.24M | 435.5M | 375.08M | 439.64M | 434.08M | 359.01M | 364.82M | 250.5M | 257.61M | 257.85M | 220.2M |
| Long-Term Debt | 421.38M | 377.85M | 312.23M | 367.64M | 409.78M | 467.9M | 433.97M | 442.74M | 452.49M | 462.24M | 435.5M | 375.08M | 439.64M | 434.08M | 359.01M | 364.82M | 250.5M | 257.61M | 257.85M | 220.2M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 457.78M | 492.6M | 443.51M | 443M | 484.13M | 485.65M | 450.54M | 458.63M | 470.17M | 478.38M | 450.67M | 431.99M | 456.56M | 448.38M | 373.7M | 377.31M | 261.56M | 268.63M | 268.18M | 229.85M |
| Total Debt | 447.17M | 473.03M | 424.03M | 425.14M | 467.28M | 467.9M | 433.97M | 442.74M | 452.49M | 462.24M | 435.5M | 418.02M | 439.64M | 434.08M | 359.01M | 364.82M | 250.5M | 257.61M | 257.85M | 220.2M |
| Net Debt | 412.68M | 367.51M | 295.54M | 400.47M | 434.25M | 397.64M | 381.67M | 361.41M | 405.57M | 415.61M | 400.68M | 393.62M | 419.8M | 413.47M | 335.17M | 310.47M | 238.05M | 219.56M | 237.03M | 193.47M |
| Debt / Equity | 1.34x | 1.49x | 1.34x | 1.50x | 1.53x | 1.39x | 1.27x | 1.35x | 1.36x | 1.43x | 1.26x | 1.18x | 1.37x | 1.36x | 1.17x | 1.26x | 0.89x | 1.05x | 1.09x | 0.98x |
| Debt / EBITDA | 40.81x | 50.10x | 13.64x | - | - | - | 56.72x | - | 50.10x | - | - | 1262.89x | 73.67x | 71.96x | 58.92x | 47.24x | 63.29x | 103.33x | 20.11x | 32.45x |
| Net Debt / EBITDA | 37.66x | 38.92x | 9.50x | - | - | - | 49.88x | - | 44.90x | - | - | 1189.19x | 70.34x | 68.55x | 55.01x | 40.20x | 60.14x | 88.07x | 18.49x | 28.51x |
| Interest Coverage | 1.34x | 1.09x | 3.94x | -2.49x | -2.43x | -1.47x | 0.96x | -1.11x | 1.11x | -0.39x | -1.66x | 0.05x | 0.77x | 0.71x | 1.14x | 1.83x | 1.06x | 0.77x | 4.12x | 2.30x |
| Total Equity | 333.86M | 318.5M | 315.7M | 283.8M | 305.46M | 336.18M | 342.53M | 328.78M | 332.12M | 323.98M | 346.57M | 355.42M | 321.68M | 318.45M | 307.69M | 290.61M | 279.99M | 245.34M | 237.59M | 224.26M |
| Equity Growth % | 9.3% | -5.26% | -7.83% | -13.68% | -8.03% | 3.77% | -1.17% | -7.5% | 3.24% | 1.74% | 12.64% | 22.3% | 14.89% | 29.8% | 29.5% | 29.58% | 28.63% | 15.4% | 15.8% | 11.45% |
| Book Value per Share | 7.06 | 7.52 | 6.89 | 6.88 | 7.59 | 9.31 | 9.37 | 9.28 | 9.89 | 9.72 | 10.68 | 11.95 | 11.40 | 11.83 | 11.95 | 11.96 | 12.78 | 11.90 | 11.72 | 11.31 |
| Total Shareholders' Equity | 333.86M | 318.5M | 315.7M | 283.8M | 305.46M | 336.18M | 342.53M | 328.78M | 332.12M | 323.98M | 346.57M | 355.42M | 321.68M | 318.45M | 307.69M | 290.61M | 279.99M | 245.34M | 237.59M | 224.26M |
| Common Stock | 53K | 51K | 49K | 47K | 45K | 44K | 42K | 40K | 37K | 36K | 35K | 34K | 30K | 29K | 27K | 26K | 25K | 22K | 21K | 20K |
| Retained Earnings | -241.36M | -240.9M | -235.71M | -251.68M | -216.87M | -182.06M | -157.85M | -152.61M | -131.46M | -127M | -105.18M | -82.18M | -71.66M | -67.5M | -61.67M | -59.59M | -59.72M | -56.05M | -51.29M | -57.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |