Horizon Historical Balance Sheet
HBNC Stock | USD 18.40 0.19 1.02% |
Trend analysis of Horizon Bancorp balance sheet accounts such as Total Current Liabilities of 1.2 B or Total Stockholder Equity of 754.8 M provides information on Horizon Bancorp's total assets, liabilities, and equity, which is the actual value of Horizon Bancorp to its prevalent stockholders. By breaking down trends over time using Horizon Bancorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Horizon Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Horizon Bancorp is a good buy for the upcoming year.
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Horizon |
About Horizon Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Horizon Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Horizon Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Horizon Bancorp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Horizon currently owns. An asset can also be divided into two categories, current and non-current.
Horizon Bancorp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Horizon Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Horizon Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Horizon Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Horizon Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Horizon Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Horizon Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.At present, Horizon Bancorp's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 1.2 B, whereas Cash is projected to grow to (493.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 771.8M | 1.9B | 1.5B | 1.5B | Total Assets | 7.4B | 7.9B | 7.9B | 8.3B |
Horizon Bancorp balance sheet Correlations
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Horizon Bancorp Account Relationship Matchups
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Horizon Bancorp balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.9B | 7.4B | 7.9B | 7.9B | 8.3B | |
Short Long Term Debt Total | 827.2M | 650.0M | 771.8M | 1.9B | 1.5B | 1.5B | |
Total Current Liabilities | 3.1M | 2.7M | 2.2M | 5.4M | 1.1B | 1.2B | |
Total Stockholder Equity | 656.0M | 692.2M | 723.2M | 677.4M | 718.8M | 754.8M | |
Property Plant And Equipment Net | 92.2M | 92.4M | 93.4M | 92.7M | 94.6M | 99.3M | |
Net Debt | 498.8M | 331.5M | 173.5M | 1.1B | 2.0B | 2.1B | |
Retained Earnings | 269.7M | 301.4M | 363.7M | 429.4M | 429.0M | 450.5M | |
Cash | 107.3M | 258.7M | 598.3M | 126.3M | (519.4M) | (493.4M) | |
Non Current Assets Total | 1.3B | 1.6B | 3.0B | 3.3B | 7.4B | 7.7B | |
Non Currrent Assets Other | (1.3B) | (1.6B) | (3.0B) | (3.3B) | 209.6M | 220.1M | |
Other Assets | 3.0B | 2.9B | 2.6B | 3.4B | 1.0 | 0.95 | |
Cash And Short Term Investments | 948.4M | 1.4B | 1.8B | 1.1B | (519.4M) | (493.4M) | |
Net Receivables | 18.8M | 21.4M | 26.1M | 35.3M | 38.7M | 40.6M | |
Common Stock Shares Outstanding | 43.6M | 44.1M | 44.0M | 43.7M | 43.8M | 25.8M | |
Liabilities And Stockholders Equity | 5.2B | 5.9B | 7.4B | 7.9B | 7.9B | 8.3B | |
Non Current Liabilities Total | 606.1M | 590.2M | 771.8M | 5.4M | 6.1B | 6.4B | |
Other Stockholder Equity | 379.9M | 362.9M | 352.1M | 354.2M | 356.4M | 374.2M | |
Total Liab | 4.6B | 5.2B | 6.6B | 7.2B | 7.2B | 7.6B | |
Property Plant And Equipment Gross | 92.2M | 92.4M | 147.7M | 151.3M | 158.8M | 166.8M | |
Total Current Assets | 967.2M | 1.4B | 1.8B | 1.2B | 561.8M | 1.1B | |
Accumulated Other Comprehensive Income | 6.4M | 27.9M | 7.3M | (106.2M) | (66.6M) | (63.3M) | |
Short Term Debt | 485.6M | 277.4M | 175.0M | 742.7M | 652.9M | 685.5M | |
Other Liab | 32.1M | 70.4M | 55.2M | 30.4M | 35.0M | 19.8M | |
Accounts Payable | 3.1M | 2.7M | 2.2M | 5.4M | 22.2M | 23.4M | |
Long Term Debt | 549.7M | 475M | 771.8M | 1.3B | 899.8M | 944.8M | |
Short Term Investments | 841.1M | 1.1B | 1.2B | 997.6M | 547.3M | 490.5M | |
Inventory | (126.1M) | (280.1M) | (628.0M) | (163.8M) | 480.7M | 504.7M | |
Property Plant Equipment | 92.2M | 92.4M | 93.4M | 92.7M | 106.6M | 111.9M | |
Other Current Liab | (3.1M) | (2.7M) | (2.2M) | (5.4M) | 1.1B | 1.2B | |
Intangible Assets | 26.7M | 23.9M | 20.9M | 17.2M | 13.6M | 9.3M | |
Other Current Assets | 126.1M | 280.1M | 628.0M | 163.8M | 561.8M | 798.2M | |
Net Tangible Assets | 478.1M | 518.0M | 547.7M | 504.9M | 580.7M | 338.2M | |
Retained Earnings Total Equity | 269.7M | 301.4M | 363.7M | 429.4M | 493.8M | 518.5M | |
Long Term Debt Total | 549.7M | 475M | 675.8M | 1.1B | 1.3B | 1.4B | |
Capital Surpluse | 379.9M | 362.9M | 352.1M | 354.2M | 407.3M | 220.9M | |
Long Term Investments | 212.0M | 1.3B | 2.7B | 3.0B | 2.5B | 2.6B | |
Non Current Liabilities Other | 107.0M | 185.6M | 170.7M | 189.0M | 217.4M | 228.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Horizon Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Bancorp'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 Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Bancorp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Regional 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 Bancorp. 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 Bancorp 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 0.108 | Dividend Share 0.64 | Earnings Share 0.48 | Revenue Per Share 4.205 | Quarterly Revenue Growth 0.069 |
The market value of Horizon Bancorp 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp'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.