Horizon Technology Finance (HRZN) — Tangible Net Worth Ratio
Horizon Technology Finance (HRZN) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($333.86 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Horizon Technology Finance to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Horizon Technology Finance Tangible Net Worth Ratio (2009–2025)
This chart shows how Horizon Technology Finance's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $333.86 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see HRZN stock market capitalisation.
Annual Tangible Net Worth Ratio for Horizon Technology Finance (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Horizon Technology Finance from 2009 to 2025, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See Horizon Technology Finance free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $318.50 Million | $0.00 | $811.10 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $336.18 Million | $0.00 | $821.83 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $323.98 Million | $0.00 | $802.36 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $318.45 Million | $0.00 | $766.83 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $245.34 Million | $0.00 | $513.96 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $212.60 Million | $0.00 | $407.16 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $184.06 Million | $0.00 | $344.00 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $134.26 Million | $0.00 | $266.75 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $135.07 Million | $0.00 | $234.15 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $139.19 Million | $0.00 | $239.25 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $159.75 Million | $0.00 | $281.49 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $138.25 Million | $0.00 | $225.20 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $135.84 Million | $0.00 | $263.74 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $144.97 Million | $0.00 | $239.66 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $129.88 Million | $0.00 | $197.81 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $127.19 Million | $0.00 | $216.21 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $59.49 Million | $0.00 | $124.87 Million | — |