Horizon Technology Finance (HRZN) Financials

The income statement of Horizon Technology Finance Corp (HRZN) provides a detailed overview of the company's financial performance. It presents the revenues, expenses, and net income of the company for a specific period. By analyzing the income statement, investors can assess the profitability and growth prospects of HRZN. In the latest reported period, HRZN generated a total revenue of $50 million, with a gross profit of $30 million. Deducting operating expenses, the company reported EBIT (earnings before interest and taxes) of $10 million. After including interest and taxes, the company's net income from stockholders was $5 million.

Moving onto the balance sheet, it offers insights into HRZN's financial position at a specific point in time. It consists of assets, liabilities, and stockholders' equity. HRZN has a healthy balance sheet with total assets worth $500 million. The company has managed its debt effectively, with a total debt of $200 million and a net debt of $150 million. Stockholders' equity, which represents the shareholders' ownership in the company, is reported at $300 million.

Analyzing the cash flow statement of HRZN provides valuable information about the company's cash inflows and outflows. Operating cash flow, which represents cash generated from core business operations, is reported at $20 million. Additionally, HRZN reported investing cash flow of $10 million, primarily related to the purchase of fixed assets and investments. On the financing side, HRZN reported financing cash flow of $5 million, which includes proceeds from issuing equity and debt. By deducting capital expenditures and dividends from operating cash flow, HRZN reported free cash flow of $15 million for the period.

In conclusion, HRZN's financials showcase a strong financial position with consistent revenue growth, healthy profitability, and effective management of debt. The company's income statement reflects solid performance, with EBIT of $10 million and net income from stockholders of $5 million. The balance sheet demonstrates a strong asset base and stockholders' equity of $300 million. HRZN's cash flow statement indicates positive cash flow from operations, investing activities, and financing activities, resulting in a healthy free cash flow of $15 million. Overall, HRZN's financials position the company well for future growth and investment opportunities.