Horizon Technology Finance Corporation (HTFB) — Cash Flow Quality Index

Latest as of September 2025: 0.28x

Horizon Technology Finance Corporation (HTFB) has a Cash Flow Quality Index of 0.28x as of September 2025. Operating cash flow of $8.49 Million is below net income of $30.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Horizon Technology Finance Corporation total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.28x
Operating CF / Net Income

Operating Cash Flow

$8.49 Million
USD

Net Income

$30.72 Million
USD

Data as of

Sep 2025
Most recent filing

Horizon Technology Finance Corporation Cash Flow Quality Index (2009–2022)

Historical Cash Flow Quality Index for Horizon Technology Finance Corporation across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Horizon Technology Finance Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Horizon Technology Finance Corporation (2009–2022)

Year-by-year earnings quality comparison for Horizon Technology Finance Corporation. For live market cap and the full company financial profile, see market value of Horizon Technology Finance Corporation.

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 ▼ -142.7%
2009 0.86x $7.98 Million $9.31 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.