Balance Sheet Data
Horizon Technology Finance Corporat... (HRZN)
$11.66
-1.61 (-12.13%)
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 6.59 | 12.59 | 6.47 | 19.50 | 38.05 | 49.65 | 78.64 | 124.56 | 197.29 | 312.49 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 3.99 | 3.97 | 5.53 | 4.95 | 6.15 | 15.92 | 25.22 | 39.94 | 63.26 | 100.20 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 3.46 | 3.46 | 4.67 | 5.79 | 6.37 | 15.61 | 24.73 | 39.16 | 62.03 | 98.25 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.