Horizon Active Income Fund - Advisor Class
Financial ratios & Valuation

Historical Multiples (2015 – 2023)

2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
6.3664.288.30126.075.5116.7712.88-2.5712.1818.4365.79
Price/Sales ratio
6.358.948.908.038.9110.6010.979.5010.3315.098.47
Price/Book Value ratio
0.350.480.470.470.470.500.490.510.540.520.47
Price/Cash Flow ratio
N/AN/AN/A-11.8069.713.7241.492.99N/AN/A36.71
Price/Free Cash Flow ratio
N/AN/AN/A-11.8069.713.7241.492.99N/AN/A36.71
Price/Earnings Growth ratio
N/A-0.710.01-1.340.00-0.250.480.00-0.10-0.15-0.12
Dividend Yield
N/AN/AN/AN/A8.88%7.53%6.23%8.89%N/A2.32%8.20%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%100%100%
Operating Profit Margin
85.97%85.15%85.74%86.18%85.45%83.21%82.13%84.33%84.08%83.97%84.71%
Pretax Profit Margin
101.01%19.07%116.59%21.17%176.97%70.50%85.95%-352.86%130.46%119.10%148.03%
Net Profit Margin
99.87%13.91%107.19%6.37%161.60%63.23%85.20%-368.66%84.81%72.98%112.41%
Effective Tax Rate
14.89%-346.47%26.45%-306.98%51.71%-18.03%4.44%123.89%35.55%29.49%40.60%
Return on Assets
5.34%0.69%5.22%0.30%6.81%2.62%3.26%-18.24%3.95%2.54%4.71%
Return On Equity
5.50%0.74%5.74%0.37%8.65%3.03%3.83%-19.91%4.43%2.80%5.84%
Return on Capital Employed
4.73%4.57%4.59%4.85%4.37%3.81%3.52%4.36%3.98%2.97%4.09%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A0.94N/A
Quick Ratio
0.520.200.230.120.150.180.250.420.940.940.13
Cash ratio
0.020.010.01N/A0.00N/AN/AN/AN/AN/A0.00
Days of Sales Outstanding
96.5099.9595.8997.63167.8095.1393.6384.3687.31116.63142.22
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A116.63N/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A116.63N/A
Debt Ratios
Debt Ratio
N/AN/AN/A0.030.190.130.140.070.080.080.16
Debt Equity Ratio
N/AN/AN/A0.040.250.150.170.080.090.090.20
Long-term Debt to Capitalization
N/AN/AN/A0.040.040.040.040.040.080.080.04
Total Debt to Capitalization
N/AN/AN/A0.040.200.130.140.070.080.080.16
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/A-0.840.020.890.062.01N/AN/A0.46
Company Equity Multiplier
1.021.071.091.231.261.151.171.091.121.121.21
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/AN/A-0.680.122.850.263.17N/AN/A1.48
Free Cash Flow / Operating Cash Flow Ratio
N/AN/AN/A11111N/AN/A1
Cash Flow Coverage Ratio
N/AN/AN/A-0.840.020.890.062.01N/AN/A0.46
Short Term Coverage Ratio
N/AN/AN/AN/A0.031.270.094.14N/AN/A0.65
Dividend Payout Ratio
N/AN/AN/AN/A48.98%126.33%80.31%-22.92%N/AN/A87.65%