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 flow to assess how effectively this company generates cash.
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. Check HTFB total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 HTFB market cap.
| 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 | — |