Horizon Bancorp Balance Sheet - Annual (NASDAQ:HBNC)

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$20.9 $0.22 (1.06%) HBNC stock closing price Jul 20, 2018 (Closing)

The Horizon Bancorp balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Horizon Bancorp stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $3.51B and shareholders equity of $457.07M. Horizon Bancorp revenue and Horizon Bancorp operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Horizon Bancorp financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash76.44M70.83M48.65M43.47M31.72M30.73M20.44M15.68M68.7M38.68M
Marketable Securities----------
Receivables2.83B2.13B1.75B1.37B1.06B1.18B970.98M870.33M876.28M876.26M
Inventory3.09M8.08M7.91M6.14M3.28M13.74M14.09M18.83M5.7M5.95M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
2.91B2.21B1.8B1.42B1.1B1.22B1.01B904.84M950.69M920.9M
Property Plant & Equipment112.36M99.6M90.51M79.41M70.62M65.21M55.64M54.18M51.97M48.22M
Accumulated Depreciation36.83M33.24M29.72M26.95M24.42M23.02M20.98M19.98M21.44M19.94M
Net Property Plant & Equipment
75.52M66.35M60.79M52.46M46.19M42.18M34.66M34.19M30.53M28.28M
Investment & Advances728.21M656.95M646.43M500.87M532.68M496.13M450.53M405.6M357.97M315.89M
Other Non-Current Assets----------
Deferred Charges---------2.58M
Intangibles132.28M86.3M56.97M32.14M23.03M23.79M8.2M8.65M7.23M7.53M
Deposits & Other Assets116.89M118.75M86.49M71.52M61.02M61.47M48.24M47.62M40.58M31.66M
Total Assets
3.96B3.14B2.65B2.08B1.76B1.85B1.55B1.4B1.39B1.31B
Notes Payable----------
Accounts Payable2.88B2.47B1.88B1.48B1.29B1.29B1.01B985.49M951.7M841.16M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses--------1.13M1.91M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
2.88B2.47B1.88B1.48B1.29B1.29B1.01B986.27M952.84M843.07M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt601.81M304.94M482.14M383.84M288.78M378.09M400.78M291.32M311.85M352.22M
Non-Current Capital Leases----------
Other Long-Term Liabilities23.52M23.67M22.76M15.85M12.94M16.45M14.44M11.03M7.71M8.2M
Total Liabilities
3.51B2.8B2.39B1.88B1.59B1.69B1.43B1.29B1.27B1.2B
Minority Interest----------
Preferred Stock--12.5M12.5M12.5M12.5M12.5M18.21M24.3M24.15M
Common Stock Net------1.12M1.12M1.11M1.11M
Capital Surplus275.05M182.32M106.37M45.91M32.49M31.96M10.61M10.35M10.03M26.8M
Retained Earnings185.57M164.17M148.68M134.47M121.25M105.4M89.38M80.24M73.43M67.8M
Treasury Stock---------17.15M
Other Liabilities-3.55M-5.64M-0.72M1.52M-1.72M9.1M7.84M2.34M5.71M-
Shareholders Equity457.07M340.85M266.83M194.41M164.52M158.96M121.46M112.28M114.6M103.35M
Total Liabilities & Shareholders Equity3.96B3.14B2.65B2.08B1.76B1.85B1.55B1.4B1.39B1.31B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Horizon Bancorp stock price by looking at Horizon Bancorp historical stock prices. One can compare PE with industry average by looking at the Horizon Bancorp PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Horizon Bancorp owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for HBNC stock as of 2017 is $3.96B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Horizon Bancorp for the year 2017 total to $3.51B. Liabilities for a company like Horizon Bancorp include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Horizon Bancorp Balance Sheet - Key Ratios

Current ratio
0.99
Debt to equity ratio
1.21
Asset turnover ratio
0.05
Receivables turnover
0.07
Price to book ratio
1.99