Horizon Technology Finance Corporation (HTFB) — Cash Flow Quality Index
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. Explore HTFB operating cash to total liabilities 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 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. For the full cash flow conversion analysis, see Horizon Technology Finance Corporation operating cash flow efficiency.
Annual Cash Flow Quality Index for Horizon Technology Finance Corporation (2009–2022)
Year-by-year earnings quality comparison for 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 | — |