Horizon Technology Finance Corporation
HRZNFinancial ServicesNASDAQAsset Management · Last scanned Jun 1, 2026
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Daily timeframeHorizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. Valued at $299.7M, HRZN is a micro-cap name in its sector. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries.
Market Cap
$299.7M
Beta
0.97
P/E (TTM)
—
P/E (Fwd)
5.75
EPS (TTM)
$-0.14
EPS (Fwd)
$0.76
ROE
6.7%
ROA
6.0%
Cash
$34.5M
Total Debt
$447.2M
Free CF
$28.1M
52W Change
-41.2%
Annual Financials
Cash vs Debt
On the balance sheet, HRZN has $34.5M in cash with $447.2M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $28.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 6.7% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $26.6M to $7.2M.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Horizon Technology Finance Corporation's trajectory.