Balance Sheet Data
Horizon Technology Finance Corporat... (HRZN)
$12.3933
+0.14 (+1.17%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 12.59 | 6.47 | 19.50 | 38.05 | 20.61 | 39.17 | 58.11 | 86.23 | 127.95 | 189.85 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 3.97 | 5.53 | 4.95 | 6.15 | 13.57 | 13.43 | 19.93 | 29.57 | 43.88 | 65.11 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 3.46 | 4.67 | 5.79 | 6.37 | 9.16 | 12.23 | 18.14 | 26.92 | 39.95 | 59.27 |
| 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.