Horizon Bancorp (HBNC) — Cash Flow Quality Index
Horizon Bancorp (HBNC) has a Cash Flow Quality Index of 0.79x as of March 2026. Operating cash flow of $20.76 Million is below net income of $26.17 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash efficiency ratio of Horizon Bancorp to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Horizon Bancorp Cash Flow Quality Index (1995–2024)
Historical Cash Flow Quality Index for Horizon Bancorp across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Horizon Bancorp (HBNC) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Horizon Bancorp (1995–2024)
Year-by-year earnings quality comparison for Horizon Bancorp. For live market cap and the full company financial profile, see Horizon Bancorp stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.18x | $6.37 Million | $35.43 Million | ▼ -94.3% |
| 2023 | 3.18x | $88.94 Million | $27.98 Million | ▲ +214.6% |
| 2022 | 1.01x | $94.38 Million | $93.41 Million | ▼ -16.5% |
| 2021 | 1.21x | $105.35 Million | $87.09 Million | ▲ +5.2% |
| 2020 | 1.15x | $78.77 Million | $68.50 Million | ▼ -56.3% |
| 2019 | 2.63x | $174.95 Million | $66.54 Million | ▲ +93.2% |
| 2018 | 1.36x | $72.29 Million | $53.12 Million | ▼ -8.1% |
| 2017 | 1.48x | $49.06 Million | $33.12 Million | ▲ +38.7% |
| 2016 | 1.07x | $25.55 Million | $23.91 Million | ▼ -37.7% |
| 2015 | 1.71x | $35.23 Million | $20.55 Million | ▲ +75.7% |
| 2014 | 0.98x | $17.66 Million | $18.10 Million | ▼ -58.7% |
| 2013 | 2.36x | $46.97 Million | $19.88 Million | ▲ +75.3% |
| 2012 | 1.35x | $26.35 Million | $19.54 Million | ▼ -22.8% |
| 2011 | 1.75x | $22.35 Million | $12.80 Million | ▼ -26.6% |
| 2010 | 2.38x | $24.88 Million | $10.46 Million | ▲ +47.8% |
| 2009 | 1.61x | $14.71 Million | $9.14 Million | ▼ -26.4% |
| 2008 | 2.19x | $19.61 Million | $8.97 Million | ▼ -1.0% |
| 2007 | 2.21x | $17.98 Million | $8.14 Million | ▲ +1738.4% |
| 2006 | -0.13x | $-1.01 Million | $7.48 Million | ▼ -108.5% |
| 2005 | 1.58x | $11.22 Million | $7.09 Million | ▼ -23.4% |
| 2004 | 2.06x | $14.32 Million | $6.93 Million | ▲ +4.0% |
| 2003 | 1.98x | $12.97 Million | $6.53 Million | ▲ +175.0% |
| 2002 | 0.72x | $3.97 Million | $5.50 Million | ▼ -22.0% |
| 2001 | 0.92x | $3.81 Million | $4.12 Million | ▲ +81.5% |
| 2000 | 0.51x | $1.93 Million | $3.78 Million | ▼ -86.2% |
| 1998 | 3.70x | $4.72 Million | $1.28 Million | ▲ +63.1% |
| 1997 | 2.27x | $3.90 Million | $1.72 Million | ▼ -4.8% |
| 1996 | 2.38x | $9.11 Million | $3.82 Million | ▲ +30.3% |
| 1995 | 1.83x | $5.55 Million | $3.04 Million | — |