Horizon Technology Finance Debt-to-Assets Ratio Growth & History (HRZN)
Horizon Technology Finance's debt-to-assets ratio was 0.58 for fiscal 2025.
View full Horizon Technology Finance company overviewHorizon Technology Finance annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.58 | 0.01 | +2.43% |
| 2024 | 2024-12-31 | 0.57 | −0.01 | −1.17% |
| 2023 | 2023-12-31 | 0.58 | 0.01 | +1.77% |
| 2022 | 2022-12-31 | 0.57 | 0.06 | +12.94% |
| 2021 | 2021-12-31 | 0.50 | — | — |
Horizon Technology Finance quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.48 | −0.10 | −17.31% |
| Q1 2026 | 2026-03-31 | 0.56 | −0.03 | −4.55% |
| Q4 2025 | 2025-12-31 | 0.58 | 0.01 | +2.43% |
| Q3 2025 | 2025-09-30 | 0.56 | 0.01 | +2.07% |
| Q2 2025 | 2025-06-30 | 0.58 | 0.02 | +4.03% |
| Q1 2025 | 2025-03-31 | 0.59 | 0.03 | +4.93% |
| Q4 2024 | 2024-12-31 | 0.57 | −0.01 | −1.17% |
| Q3 2024 | 2024-09-30 | 0.55 | 0.00 | +0.17% |
| Q2 2024 | 2024-06-30 | 0.56 | 0.03 | +5.92% |
| Q1 2024 | 2024-03-31 | 0.56 | −0.00 | −0.16% |
| Q4 2023 | 2023-12-31 | 0.58 | 0.01 | +1.77% |
| Q3 2023 | 2023-09-30 | 0.55 | 0.02 | +3.68% |
| Q2 2023 | 2023-06-30 | 0.53 | — | — |
| Q1 2023 | 2023-03-31 | 0.56 | — | — |
| Q4 2022 | 2022-12-31 | 0.57 | 0.06 | +12.94% |
| Q3 2022 | 2022-09-30 | 0.53 | — | — |
| Q4 2021 | 2021-12-31 | 0.50 | — | — |
Horizon Technology Finance debt-to-assets ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Horizon Technology Finance's debt-to-assets ratio increased from 0.50 to 0.58, a change of 0.08. The latest reported quarter, Q2 2026, shows 0.48.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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