Kevin May - Horizon Technology Managing Coast

HRZN Stock  USD 9.36  0.01  0.11%   

Insider

Kevin May is Managing Coast of Horizon Technology Finance
Address 312 Farmington Avenue, Farmington, CT, United States, 06032-2586
Phone860 676 8654
Webhttps://www.horizontechfinance.com

Horizon Technology Management Efficiency

The company has return on total asset (ROA) of 0.0676 % which means that it generated a profit of $0.0676 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0112) %, meaning that it created substantial loss on money invested by shareholders. Horizon Technology's management efficiency ratios could be used to measure how well Horizon Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to grow to -0.0016. At this time, Horizon Technology's Total Assets are very stable compared to the past year. As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 776.1 M, while Net Tangible Assets are likely to drop about 203.7 M.
Horizon Technology Finance currently holds 462.24 M in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Horizon Technology has a current ratio of 5.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Horizon Technology's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Bart JDProspect Capital
51
Lance ParkerMain Street Capital
49
Craig PetrushaFidus Investment Corp
N/A
Lance CPAMain Street Capital
53
Samuel CashiolaMain Street Capital
34
Jody BurfeningFidus Investment Corp
N/A
JD IIIProspect Capital
72
CPA DellafioraGladstone Investment
N/A
Dunia ShiveMain Street Capital
60
Nicole CPAGladstone Capital
41
Beverly MatthewsMain Street Capital
62
Thomas SteiglehnerFidus Investment Corp
N/A
Andrew WorthFidus Investment Corp
N/A
Brian SchafferWhiteHorse Finance
N/A
Kyle CFAGladstone Investment
N/A
Ken DennardMain Street Capital
N/A
Kristin CPAProspect Capital
45
Al FaellaProspect Capital
N/A
Paula NovaraGladstone Investment
55
Joyson ThomasWhiteHorse Finance
42
Kenneth IIIMain Street Capital
38
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries. Horizon Technology is traded on NASDAQ Exchange in the United States. Horizon Technology Finance (HRZN) is traded on NASDAQ Exchange in USA. It is located in 312 Farmington Avenue, Farmington, CT, United States, 06032-2586 and employs 16 people. Horizon Technology is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Horizon Technology Leadership Team

Elected by the shareholders, the Horizon Technology's board of directors comprises two types of representatives: Horizon Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Horizon. The board's role is to monitor Horizon Technology's management team and ensure that shareholders' interests are well served. Horizon Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Horizon Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Bombara, Chief Compliance Officer, Sr. VP, General Counsel and Secretary
CFA CFA, Chief VP
Todd McDonald, Southeast MidAtlantic
Daniel CFA, Chief VP
Sara Johnson, Managing Midwest
Daniel CPA, CFO VP
Megan Bacon, Director Marketing
Kevin May, Managing Coast
John JD, General VP
Gerald Michaud, Pres and Interested Director
Robert Michaud, Vice Technology
Lynn Dombrowski, Chief Officer
Kevin Walsh, Senior Management
Robert Pomeroy, Chairman and CEO
Diane Earle, Senior Officer
Mishone Donelson, Managing Coast

Horizon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Horizon Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Horizon Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Horizon Stock

  0.93MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.92COF Capital One Financial Fiscal Year End 23rd of January 2025 PairCorr
  0.91AMP Ameriprise Financial Fiscal Year End 22nd of January 2025 PairCorr
  0.9ENVA Enova InternationalPairCorr
  0.85MA MastercardPairCorr
The ability to find closely correlated positions to Horizon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Technology Finance to buy it.
The correlation of Horizon Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Horizon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horizon Technology Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Technology Finance Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Technology Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Technology. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.371
Dividend Share
1.32
Earnings Share
(0.15)
Revenue Per Share
3.009
Quarterly Revenue Growth
(0.16)
The market value of Horizon Technology is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Technology's value that differs from its market value or its book value, called intrinsic value, which is Horizon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Technology's market value can be influenced by many factors that don't directly affect Horizon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.