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 6.5912.596.4719.5038.0549.6578.64124.56197.29312.49
Total Cash (%)
Account Receivables 3.993.975.534.956.1515.9225.2239.9463.26100.20
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 3.463.464.675.796.3715.6124.7339.1662.0398.25
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.