Horizon Bancorp, Inc.
NASDAQ Global SelectTotal Valuation
Horizon Bancorp, Inc. carries a market capitalization of 1.02B, placing it among publicly traded companies globally. Its enterprise value stands at 335.47M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 1.02B |
| Enterprise Value | 335.47M |
Share Statistics
Horizon Bancorp, Inc. currently has 51.32M shares outstanding.
| Shares Outstanding | 51.32M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Horizon Bancorp, Inc. trades at a trailing price-to-earnings ratio of 12.97. The price-to-sales ratio is -29.49, and the price-to-book ratio stands at 2.93.
| PE Ratio | 12.97 |
| PS Ratio | -29.49 |
| PB Ratio | 2.93 |
| P/TBV Ratio | 1.49 |
| P/FCF Ratio | 9.06 |
| P/OCF Ratio | 9.44 |
Enterprise Valuation
On an enterprise value basis, Horizon Bancorp, Inc. trades at an EV/EBITDA multiple of 26.07 and an EV/FCF ratio of 3.79.
| EV / Sales | 7.56 |
| EV / EBITDA | 26.07 |
| EV / EBIT | N/A |
| EV / FCF | 3.79 |
Financial Position
| Current Ratio | N/A |
| Quick Ratio | N/A |
| Debt / Equity | 45.18 |
| Debt / EBITDA | 24.54 |
| Interest Coverage | N/A |
Financial Efficiency
| Return on Equity (ROE) | -40.85 |
| Return on Assets (ROA) | -2.09 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Horizon Bancorp, Inc. has paid -48.64M in income taxes, reflecting an effective tax rate of 52.13.
| Income Tax | -48.64M |
| Effective Tax Rate | 52.13 |
Stock Price Statistics
Horizon Bancorp, Inc.'s stock has gained approximately 23.00995% over the past 52 weeks. The 50-day moving average sits at 18.73, while the 200-day moving average is 17.32.
| Beta (5Y) | N/A |
| 52-Week Price Change | 23.00995% |
| 50-Day Moving Average | 18.73 |
| 200-Day Moving Average | 17.32 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Horizon Bancorp, Inc. generated -27.12M in revenue and converted that into -148.26M in net income, yielding earnings per share of -3.06.
| Revenue | -27.12M |
| Gross Profit | N/A |
| Operating Income | N/A |
| Pretax Income | -196.89M |
| Net Income | -148.26M |
| EBITDA | 12.87M |
| EBIT | N/A |
| Earnings Per Share (EPS) | -3.06 |
Balance Sheet
Horizon Bancorp, Inc. holds 780.14M in cash and equivalents against 315.83M in total debt, resulting in a net debt position of 56.76M.
| Cash & Cash Equivalents | 780.14M |
| Total Debt | 315.83M |
| Net Debt | 56.76M |
| Equity (Book Value) | 272.94M |
| Book Value Per Share | 5.65 |
| Working Capital | N/A |
Cash Flow
Horizon Bancorp, Inc. produced 84.75M in operating cash flow over the past twelve months. After subtracting -3.88M in capital expenditures, free cash flow totaled 80.87M - equivalent to 1.68 per share.
| Operating Cash Flow | 84.75M |
| Capital Expenditures | -3.88M |
| Free Cash Flow | 80.87M |
| FCF Per Share | 1.68 |
Margins
Horizon Bancorp, Inc. operates with a gross margin of 100.00, reflecting its pricing power and cost economics.
| Gross Margin | 100.00 |
| Operating Margin | N/A |
| Pretax Margin | 725.95 |
| Profit Margin | 546.63 |
| EBITDA Margin | -47.45 |
Dividends & Yields
The company's payout ratio of -20.64 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.63 |
| Dividend Yield | N/A |
| Payout Ratio | -20.64 |
| Shareholder Yield | 114.88 |
| FCF Yield | 11.04 |
Stock Splits
Horizon Bancorp, Inc.'s most recent stock split took place on June 18, 2018 with a 2:3 split ratio.
| Last Split Date | 6/18/2018 |
| Split Ratio | 2:3 |
Scores
Horizon Bancorp, Inc. posts an Altman Z-Score of 0.14, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 0.14 |