Acquired by First Brands Group, LLC in Feb 2023
HZN - Horizon Global Corporation
NYSE
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Consumer Cyclical
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Auto Parts
Plymouth,
United States
Type: Equity
HZN price evolution
HZN
| (in millions $) | 30 Sep 2022 | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $13.14 | $118.57 | $35.13 | $17.27 |
| Short term investments | ||||
| Net receivables | $75.6 | $98.88 | $95.57 | $80.72 |
| Inventory | $155.6 | $165.03 | $178.84 | $162.83 |
| Total current assets | $261.42 | $397.59 | $324.72 | $273.16 |
| Long term investments | ||||
| Property, plant & equipment | $100.56 | $106.7 | $109.9 | $109.42 |
| Goodwill & intangible assets | $41.41 | $44.31 | $46.86 | $48.91 |
| Total noncurrent assets | $148.63 | $157.22 | $163.78 | $165.76 |
| Total investments | ||||
| Total assets | $410.05 | $554.81 | $488.5 | $438.92 |
| Current liabilities | ||||
| Accounts payable | $106.73 | $125.49 | $128.71 | $102.19 |
| Deferred revenue | ||||
| Short long term debt | $85.05 | $15.63 | $14.88 | $14.79 |
| Total current liabilities | $233.44 | $188.5 | $193.27 | $161.85 |
| Long term debt | $239.77 | $401.19 | $346.43 | $306.48 |
| Total noncurrent liabilities | $292.28 | $451.87 | $356.88 | $317.32 |
| Total debt | $324.82 | $416.82 | $361.31 | $321.27 |
| Total liabilities | $525.72 | $640.37 | $550.15 | $479.17 |
| Shareholders' equity | ||||
| Retained earnings | -$284.59 | -$259.13 | -$236.93 | -$210.25 |
| Other shareholder equity | -$12.05 | -$10.1 | -$7.82 | -$9.71 |
| Total shareholder equity | -$108.4 | -$78.5 | -$54.82 | -$33.69 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $17.27 | $50.69 | $11.77 | $27.65 |
| Short term investments | ||||
| Net receivables | $80.72 | $87.42 | $71.68 | $108.34 |
| Inventory | $162.83 | $115.32 | $136.65 | $173.69 |
| Total current assets | $273.16 | $264.94 | $228.67 | $319.37 |
| Long term investments | ||||
| Property, plant & equipment | $109.42 | $121.4 | $121.6 | $102.28 |
| Goodwill & intangible assets | $48.91 | $61.59 | $64.47 | $90.71 |
| Total noncurrent assets | $165.76 | $191.55 | $192.37 | $201.98 |
| Total investments | ||||
| Total assets | $438.92 | $456.49 | $421.04 | $521.35 |
| Current liabilities | ||||
| Accounts payable | $102.19 | $99.52 | $78.45 | $123.13 |
| Deferred revenue | ||||
| Short long term debt | $14.79 | $26.3 | $14.19 | $13.86 |
| Total current liabilities | $161.85 | $184.92 | $141.49 | $202.81 |
| Long term debt | $306.48 | $277.73 | $253.12 | $350.65 |
| Total noncurrent liabilities | $317.32 | $295.42 | $270.95 | $384.76 |
| Total debt | $321.27 | $304.03 | $267.31 | $364.51 |
| Total liabilities | $479.17 | $480.34 | $412.44 | $587.57 |
| Shareholders' equity | ||||
| Retained earnings | -$210.25 | -$178.53 | -$141.97 | -$222.72 |
| Other shareholder equity | -$9.71 | -$6.54 | -$9.79 | $7.76 |
| Total shareholder equity | -$33.69 | -$18.69 | $12.34 | -$63.72 |
| (in millions $) | 30 Sep 2022 | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $148.97 | $181.22 | $180.86 | $164.27 |
| Cost of revenue | $132.32 | $160.5 | $160.65 | $148.3 |
| Gross Profit | $16.65 | $20.72 | $20.21 | $15.97 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $25.27 | $31.03 | $33.77 | $33.19 |
| Total operating expenses | $25.27 | $31.03 | $33.77 | $33.19 |
| Operating income | -$8.62 | -$10.31 | -$13.56 | -$17.22 |
| Income from continuing operations | ||||
| EBIT | -$14.16 | -$13.44 | -$18.78 | -$11.73 |
| Income tax expense | $1.07 | $0.45 | $0.23 | -$2.97 |
| Interest expense | $10.23 | $8.31 | $7.67 | $6.97 |
| Net income | ||||
| Net income | -$25.46 | -$22.2 | -$26.68 | -$15.73 |
| Income (for common shares) | -$25.46 | -$22.2 | -$26.68 | -$15.73 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $782.12 | $661.23 | $690.45 | $849.95 |
| Cost of revenue | $639.54 | $540.68 | $594.22 | $706.07 |
| Gross Profit | $142.58 | $120.55 | $96.23 | $143.88 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $135.36 | $127.37 | $154.18 | $185.36 |
| Total operating expenses | $135.36 | $127.46 | $153.4 | $314.27 |
| Operating income | $7.22 | -$6.91 | -$57.17 | -$170.39 |
| Income from continuing operations | ||||
| EBIT | -$3.91 | -$6.46 | $128.2 | -$182.58 |
| Income tax expense | -$0.16 | -$1.58 | -$10.82 | -$6.36 |
| Interest expense | $27.97 | $31.68 | $58.27 | $27.74 |
| Net income | ||||
| Net income | -$31.72 | -$36.56 | $80.75 | -$203.96 |
| Income (for common shares) | -$31.72 | -$36.56 | $80.75 | -$203.96 |
| (in millions $) | 30 Sep 2022 | 30 Jun 2022 | 31 Mar 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Net income | -$25.46 | -$22.2 | -$26.68 | -$15.73 |
| Operating activities | ||||
| Depreciation | $4.3 | $4.32 | $4.62 | $6.07 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | -$2.47 | $0.8 | $1.25 | $0.93 |
| Total cash flows from operations | -$12.6 | -$6.09 | -$18.33 | -$12.06 |
| Investing activities | ||||
| Capital expenditures | -$3.09 | -$3.93 | -$5 | -$5.73 |
| Investments | ||||
| Total cash flows from investing | -$3.06 | -$3.93 | -$5 | -$5.73 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $3.04 | |||
| Net borrowings | -$89.13 | $94.27 | $39.18 | $12.29 |
| Total cash flows from financing | -$89.25 | $94.18 | $41.5 | $12.29 |
| Effect of exchange rate | -$0.52 | -$0.72 | -$0.31 | -$0.08 |
| Change in cash and equivalents | -$105.43 | $83.44 | $17.86 | -$5.58 |
| (in millions $) | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 | 31 Dec 2018 |
|---|---|---|---|---|
| Net income | -$31.72 | -$36.56 | $80.75 | -$203.96 |
| Operating activities | ||||
| Depreciation | $22 | $22.91 | $21.69 | $25.38 |
| Business acquisitions & disposals | $214.57 | |||
| Stock-based compensation | $3.52 | $3 | $2.15 | $1.55 |
| Total cash flows from operations | -$42.7 | $38.59 | -$68.48 | -$70.5 |
| Investing activities | ||||
| Capital expenditures | -$20.46 | -$13.22 | -$8.1 | -$13.67 |
| Investments | ||||
| Total cash flows from investing | -$20.44 | -$13.22 | $206.47 | -$13.67 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $16.72 | |||
| Net borrowings | $14.24 | $13.09 | -$175.42 | $82.75 |
| Total cash flows from financing | $30.31 | $12.65 | -$164.71 | $82.36 |
| Effect of exchange rate | -$0.59 | $0.9 | $0.53 | -$0.11 |
| Change in cash and equivalents | -$33.42 | $38.92 | -$15.88 | -$1.92 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 27.73M |
| Revenue | $675.32M |
|---|---|
| EBITDA | -$38.80M |
| EBIT | -$58.11M |
| Net Income | -$90.07M |
| Revenue Q/Q | -24.20% |
| Revenue Y/Y | -14.92% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | -3.47 |
| Cash/Share | 0.47 |
| EPS | -$3.25 |
|---|---|
| ROA | -19.04% |
| ROE | 130.82% |
| Debt/Equity | -14.22 |
|---|---|
| Net debt/EBITDA | -13.21 |
| Current ratio | 1.12 |
| Quick ratio | 0.45 |