Horizon Technology Finance (HRZN) — Cash Flow Quality Index
Horizon Technology Finance (HRZN) has a Cash Flow Quality Index of 3.54x as of March 2026. Operating cash flow of $9.83 Million exceeds net income of $2.78 Million, indicating high earnings quality where cash backs reported profits. Explore HRZN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Horizon Technology Finance Cash Flow Quality Index (2009–2022)
Historical Cash Flow Quality Index for Horizon Technology Finance across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Horizon Technology Finance.
Annual Cash Flow Quality Index for Horizon Technology Finance (2009–2022)
Year-by-year earnings quality comparison for Horizon Technology Finance.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2022 | -11.64x | $-246.28 Million | $21.15 Million | ▼ -325.7% |
| 2021 | -2.74x | $-75.99 Million | $27.78 Million | ▲ +31.1% |
| 2020 | -3.97x | $-25.28 Million | $6.36 Million | ▼ -50.7% |
| 2019 | -2.64x | $-51.41 Million | $19.50 Million | ▼ -184.5% |
| 2018 | -0.93x | $-12.06 Million | $13.01 Million | ▲ +40.1% |
| 2017 | -1.55x | $-14.84 Million | $9.59 Million | ▲ +41.4% |
| 2015 | -2.64x | $-31.33 Million | $11.86 Million | ▼ -211.2% |
| 2014 | 2.38x | $36.68 Million | $15.43 Million | ▲ +28.3% |
| 2013 | 1.85x | $6.50 Million | $3.51 Million | ▲ +120.5% |
| 2012 | -9.04x | $-36.09 Million | $3.99 Million | ▼ -2371.6% |
| 2011 | -0.37x | $-4.02 Million | $11.00 Million | ▲ +49.3% |
| 2010 | -0.72x | $-10.62 Million | $14.73 Million | ▼ -184.2% |
| 2009 | 0.86x | $7.98 Million | $9.31 Million | — |