Horizon Technology Finance Corporation (HTFB) — Cash Flow-to-Debt Ratio
Horizon Technology Finance Corporation (HTFB) has a Cash Flow-to-Debt Ratio of 0.02x as of September 2025, meaning its operating cash flow of $8.49 Million could theoretically repay 0% of its total liabilities ($443.51 Million) in one year. See HTFB free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Horizon Technology Finance Corporation Cash Flow-to-Debt Ratio (2009–2024)
Historical debt coverage capacity for Horizon Technology Finance Corporation across 16 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Horizon Technology Finance Corporation.
Annual Cash Flow-to-Debt Ratio for Horizon Technology Finance Corporation (2009–2024)
Year-by-year debt coverage analysis for Horizon Technology Finance Corporation. Check Horizon Technology Finance Corporation cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | $39.64 Million | $485.65 Million | ▼ -22.0% |
| 2023 | 0.10x | $50.07 Million | $478.38 Million | ▲ +119.1% |
| 2022 | -0.55x | $-246.28 Million | $448.38 Million | ▼ -94.2% |
| 2021 | -0.28x | $-75.99 Million | $268.62 Million | ▼ -117.7% |
| 2020 | -0.13x | $-25.28 Million | $194.56 Million | ▲ +59.6% |
| 2019 | -0.32x | $-51.41 Million | $159.95 Million | ▼ -253.1% |
| 2018 | -0.09x | $-12.06 Million | $132.49 Million | ▲ +39.2% |
| 2017 | -0.15x | $-14.84 Million | $99.07 Million | ▼ -128.7% |
| 2016 | 0.52x | $52.31 Million | $100.06 Million | ▲ +303.1% |
| 2015 | -0.26x | $-31.33 Million | $121.74 Million | ▼ -161.0% |
| 2014 | 0.42x | $36.68 Million | $86.95 Million | ▲ +730.1% |
| 2013 | 0.05x | $6.50 Million | $127.90 Million | ▲ +113.3% |
| 2012 | -0.38x | $-36.09 Million | $94.69 Million | ▼ -543.5% |
| 2011 | -0.06x | $-4.02 Million | $67.93 Million | ▲ +50.4% |
| 2010 | -0.12x | $-10.62 Million | $89.01 Million | ▼ -197.8% |
| 2009 | 0.12x | $7.98 Million | $65.38 Million | — |