Horizon Bancorp (HBNC) — Cash Flow Quality Index
Horizon Bancorp (HBNC) has a Cash Flow Quality Index of 1.33x as of June 2026. Operating cash flow of $33.17 Million exceeds net income of $24.91 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Horizon Bancorp to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash flow conversion of Horizon Bancorp.
Annual Cash Flow Quality Index for Horizon Bancorp (1995–2024)
Year-by-year earnings quality comparison for Horizon Bancorp.
| 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 | — |