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Horizon Technology Finance (Horizon Technology Finance) Net Interest Margin (Bank Only) %

: 2,850.95% (As of Dec. 2023)
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Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Horizon Technology Finance's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $78.12 Mil. Horizon Technology Finance's average earning assets for the quarter that ended in Dec. 2023 was $2.74 Mil. Therefore, Horizon Technology Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 2,850.95%.


Horizon Technology Finance Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Horizon Technology Finance's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Horizon Technology Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,538.04 2,969.77 3,508.03 2,805.11 2,989.28

Horizon Technology Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,057.25 2,809.21 2,640.64 3,052.18 2,850.95

Competitive Comparison

For the Asset Management subindustry, Horizon Technology Finance's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Horizon Technology Finance Net Interest Margin (Bank Only) % Distribution

For the Asset Management industry and Financial Services sector, Horizon Technology Finance's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Horizon Technology Finance's Net Interest Margin (Bank Only) % falls into.



Horizon Technology Finance Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Horizon Technology Finance's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=81.159/( (2.788 + 2.642)/ 2 )
=81.159/2.715
=2,989.28 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=2.788 + 0 + 0
=2.788

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=2.642 + 0 + 0
=2.642

Horizon Technology Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=78.116/( (2.838 + 2.642)/ 2 )
=78.116/2.74
=2,850.95 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=2.838 + 0 + 0
=2.838

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=2.642 + 0 + 0
=2.642

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Horizon Technology Finance  (NAS:HRZN) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Horizon Technology Finance Net Interest Margin (Bank Only) % Related Terms

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Horizon Technology Finance (Horizon Technology Finance) Business Description

Traded in Other Exchanges
N/A
Address
312 Farmington Avenue, Farmington, CT, USA, 06032
Horizon Technology Finance Corp is a specialty finance company. Its investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and sustainability industries.
Executives
Michael Balkin director C/O FORESIGHT ACQUISITION CORP., 233 N. MICHIGAN AVE., SUITE 1410, CHICAGO IL 60601
Jonathan Joseph Goodman director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Kimberley Ann O'connor director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Dombrowski Lynn Denise Murray officer: Chief Accounting Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Gerald A. Michaud director, officer: President 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Pomeroy Robert D. Jr. director, officer: Chief Executive Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Daniel R. Trolio officer: CFO 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Edmund V. Mahoney director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Joseph J Savage director WEBSTER FINANCIAL CORP, 145 BANK ST, WATERBURY CT 06702
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Diane Earle officer: Chief Credit Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Christopher M. Mathieu officer: SVP, CFO and Treasurer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Christopher B. Woodward director 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Compass Group Investments, Ltd. 10 percent owner BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
David P. Swanson director 312 FARMINGTON AVENUE, FARMINGTON CT 06032