Horizon Technology Finance (HRZN)
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+0.17 +1.19%
NASDAQ
May 24, 8:00PM
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Horizon Technology Finance Interest Expense:
1.773M for March 31, 2013Horizon Technology Finance Historical Interest Expense Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.773M |
| Dec. 31, 2012 | 1.529M |
| Sept. 30, 2012 | 1.089M |
| June 30, 2012 | 0.99M |
| March 31, 2012 | 0.675M |
| Dec. 31, 2011 | 0.588M |
| Sept. 30, 2011 | 0.725M |
| June 30, 2011 | 0.558M |
| March 31, 2011 | 0.81M |
| Sept. 30, 2010 | 1.189M |
| June 30, 2010 | 1.09M |
| March 31, 2010 | 1.003M |
| Dec. 31, 2009 | 1.040M |
| Sept. 30, 2009 | 1.126M |
About Interest Expense
When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.
A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.
YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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HRZN Interest Expense Benchmarks
| Companies | |
|---|---|
| Pennant Park Investment Corporation | 3.095M |
| Ares Capital Corporation | 39.35M |
| American Capital | 11.00M |
HRZN Interest Expense Rankings
| Overall |
49th percentile 3846 of 7600 |
| Sector |
14th percentile 784 of 916 in Financial Services |
| Industry |
32nd percentile 57 of 84 in Asset Management |
HRZN Interest Expense Range, Past 5 Years
| Minimum | 0.5580M | Jun 2011 |
| Maximum | 1.773M | Mar 2013 |
| Average | 1.013M |