Total Debt
$379.1M
Net Debt
-$740.5M
Horizon Bancorp, Inc. currently has $379.1M in total debt. Net debt is -$740.5M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
HBNC • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 0.38 | 1.12 | -0.74Net Cash | 6.57 | 5.8% |
| 2026-03-31 | 0.38 | 0.07 | 0.31 | 6.56 | 5.8% |
| 2025-12-31 | 0.40 | 0.07 | 0.33 | 6.44 | 6.3% |
| 2025-09-30 | 0.46 | 0.98 | -0.53Net Cash | 6.71 | 6.8% |
| 2025-06-30 | 1.09 | 0.15 | 0.94 | 7.65 | 14.2% |
| 2025-03-31 | 1.01 | 0.18 | 0.83 | 7.63 | 13.3% |
| 2024-12-31 | 1.35 | 0.53 | 0.82 | 7.80 | 17.2% |
| 2024-09-30 | 1.38 | 0.78 | 0.60 | 7.93 | 17.4% |
| 2024-06-30 | 1.47 | 0.67 | 0.80 | 7.91 | 18.6% |
| 2024-03-31 | 1.47 | 0.81 | 0.66 | 7.86 | 18.7% |
| 2023-12-31 | 1.04 | 1.08 | -0.04Net Cash | 7.94 | 13.0% |
| 2023-09-30 | 1.47 | 1.04 | 0.43 | 7.96 | 18.5% |
| 2023-06-30 | 1.47 | 1.13 | 0.33 | 7.96 | 18.4% |
| 2023-03-31 | 1.43 | 1.08 | 0.35 | 7.90 | 18.1% |
| 2022-12-31 | 1.01 | 1.12 | -0.11Net Cash | 7.87 | 12.9% |
| 2022-09-30 | 1.16 | 1.10 | 0.07 | 7.72 | 15.1% |
| 2022-06-30 | 1.07 | 1.15 | -0.08Net Cash | 7.64 | 14.1% |
| 2022-03-31 | 0.84 | 1.24 | -0.39Net Cash | 7.42 | 11.4% |
| 2021-12-31 | 0.83 | 1.76 | -0.93Net Cash | 7.41 | 11.2% |
| 2021-09-30 | 0.79 | 2.65 | -1.86Net Cash | 7.53 | 10.4% |
| 2021-06-30 | 0.55 | 2.00 | -1.45Net Cash | 6.11 | 9.1% |
| 2021-03-31 | 0.60 | 1.80 | -1.20Net Cash | 6.06 | 9.9% |
| 2020-12-31 | 0.59 | 1.39 | -0.80Net Cash | 5.89 | 10.0% |
| 2020-09-30 | 0.70 | 1.12 | -0.42Net Cash | 5.79 | 12.1% |
| 2020-06-30 | 0.70 | 1.11 | -0.42Net Cash | 5.74 | 12.2% |
| 2020-03-31 | 0.76 | 1.00 | -0.24Net Cash | 5.35 | 14.2% |
| 2019-12-31 | 0.61 | 0.94 | -0.34Net Cash | 5.25 | 11.6% |
| 2019-09-30 | 0.57 | 0.87 | -0.29Net Cash | 5.19 | 11.0% |
| 2019-06-30 | 0.49 | 0.78 | -0.28Net Cash | 5.10 | 9.7% |
| 2019-03-31 | 0.51 | 0.79 | -0.28Net Cash | 5.05 | 10.2% |
| 2018-12-31 | 0.59 | 0.67 | -0.09Net Cash | 4.25 | 13.9% |
| 2018-09-30 | 0.52 | 0.61 | -0.10Net Cash | 4.15 | 12.4% |
| 2018-06-30 | 0.56 | 0.60 | -0.03Net Cash | 4.08 | 13.8% |
| 2018-03-31 | 0.56 | 0.57 | -0.01Net Cash | 3.97 | 14.1% |
| 2017-12-31 | 0.60 | 0.59 | 0.02 | 3.96 | 15.2% |
| 2017-09-30 | 0.50 | 0.58 | -0.09Net Cash | 3.52 | 14.1% |
| 2017-06-30 | 0.52 | 0.57 | -0.05Net Cash | 3.32 | 15.7% |
| 2017-03-31 | 0.36 | 0.53 | -0.18Net Cash | 3.17 | 11.3% |
| 2016-12-31 | 0.32 | 0.51 | -0.19Net Cash | 3.14 | 10.3% |
| 2016-09-30 | 0.61 | 0.64 | -0.03Net Cash | 3.33 | 18.3% |
| 2016-06-30 | 0.53 | 0.56 | -0.04Net Cash | 2.92 | 18.0% |
| 2016-03-31 | 0.46 | 0.51 | -0.05Net Cash | 2.63 | 17.6% |
| 2015-12-31 | 0.48 | 0.49 | -0.01Net Cash | 2.65 | 18.2% |
| 2015-09-30 | 0.41 | 0.48 | -0.08Net Cash | 2.61 | 15.6% |
| 2015-06-30 | 0.42 | 0.37 | 0.04 | 2.22 | 18.8% |
| 2015-03-31 | 0.47 | 0.37 | 0.10 | 2.15 | 22.0% |
| 2014-12-31 | 0.38 | 0.37 | 0.02 | 2.08 | 18.5% |
| 2014-09-30 | 0.38 | 0.36 | 0.02 | 2.04 | 18.8% |
| 2014-06-30 | 0.37 | 0.42 | -0.04Net Cash | 2.07 | 18.0% |
| 2014-03-31 | 0.27 | 0.56 | -0.29Net Cash | 1.81 | 14.9% |
| 2013-12-31 | 0.29 | 0.54 | -0.25Net Cash | 1.76 | 16.4% |
| 2013-09-30 | 0.27 | 0.55 | -0.28Net Cash | 1.78 | 15.4% |
| 2013-06-30 | 0.32 | 0.51 | -0.20Net Cash | 1.79 | 17.7% |
| 2013-03-31 | 0.24 | 0.51 | -0.27Net Cash | 1.73 | 13.9% |
| 2012-12-31 | 0.38 | 0.51 | -0.14Net Cash | 1.85 | 20.5% |
| 2012-09-30 | 0.37 | 0.04 | 0.32 | 1.85 | 19.8% |
| 2012-06-30 | 0.37 | 0.02 | 0.35 | 1.56 | 23.7% |
| 2012-03-31 | 0.34 | 0.02 | 0.32 | 1.55 | 22.1% |
| 2011-12-31 | 0.40 | 0.45 | -0.05Net Cash | 1.55 | 25.9% |
| 2011-09-30 | 0.37 | 0.02 | 0.35 | 1.49 | 24.6% |
| 2011-06-30 | 0.26 | 0.02 | 0.24 | 1.41 | 18.4% |
| 2011-03-31 | 0.25 | 0.03 | 0.22 | 1.38 | 18.4% |
| 2010-12-31 | 0.29 | 0.02 | 0.28 | 1.40 | 20.8% |
| 2010-09-30 | 0.35 | 0.02 | 0.33 | 1.49 | 23.5% |
| 2010-06-30 | 0.31 | 0.03 | 0.29 | 1.46 | 21.4% |
| 2010-03-31 | 0.30 | 0.03 | 0.28 | 1.30 | 23.1% |
| 2009-12-31 | 0.31 | 0.07 | 0.24 | 1.39 | 22.5% |
| 2009-09-30 | 0.34 | 0.02 | 0.32 | 1.32 | 25.7% |
| 2009-06-30 | 0.38 | 0.02 | 0.35 | 1.34 | 28.1% |
| 2009-03-31 | 0.35 | 0.02 | 0.33 | 1.44 | 24.2% |
| 2008-12-31 | 0.49 | 0.04 | 0.46 | 1.31 | 37.8% |
| 2008-09-30 | 0.36 | 0.02 | 0.33 | 1.19 | 30.0% |
| 2008-06-30 | 0.32 | 0.02 | 0.30 | 1.19 | 26.9% |
| 2008-03-31 | 0.28 | 0.05 | 0.23 | 1.25 | 22.7% |
| 2007-12-31 | 0.29 | 0.02 | 0.27 | 1.26 | 22.8% |
| 2007-09-30 | 0.32 | 0.02 | 0.30 | 1.19 | 27.0% |
| 2007-06-30 | 0.30 | 0.03 | 0.27 | 1.19 | 25.2% |
| 2007-03-31 | 0.25 | 0.02 | 0.23 | 1.15 | 21.8% |
| 2006-12-31 | 0.24 | 0.05 | 0.19 | 1.22 | 19.6% |
| 2006-09-30 | 0.28 | 0.02 | 0.26 | 1.16 | 23.9% |
| 2006-06-30 | 0.23 | 0.03 | 0.20 | 1.13 | 20.3% |
| 2006-03-31 | 0.23 | 0.02 | 0.21 | 1.07 | 21.8% |
| 2005-12-31 | 0.21 | 0.05 | 0.16 | 1.13 | 18.7% |
| 2005-09-30 | 0.24 | 0.02 | 0.22 | 1.08 | 21.9% |
| 2005-06-30 | 0.23 | 0.04 | 0.19 | 1.10 | 21.2% |
| 2005-03-31 | 0.22 | 0.02 | 0.21 | 0.91 | 24.3% |
| 2004-12-31 | 0.24 | 0.02 | 0.23 | 0.91 | 26.8% |
| 2004-09-30 | 0.15 | 0.05 | 0.10 | 0.82 | 18.3% |
| 2004-06-30 | 0.16 | 0.02 | 0.14 | 0.81 | 20.2% |
| 2004-03-31 | 0.19 | 0.02 | 0.18 | 0.82 | 23.5% |
| 2003-12-31 | 0.16 | 0.04 | 0.12 | 0.76 | 20.9% |
| 2003-09-30 | 0.17 | 0.03 | 0.13 | 0.76 | 22.3% |
| 2003-06-30 | 0.24 | 0.03 | 0.21 | 0.78 | 30.6% |
| 2003-03-31 | 0.17 | 0.03 | 0.15 | 0.70 | 24.5% |
| 2002-12-31 | 0.18 | 0.04 | 0.15 | 0.72 | 25.5% |
| 2002-09-30 | 0.17 | 0.02 | 0.15 | 0.70 | 23.8% |
| 2002-06-30 | 0.16 | 0.06 | 0.10 | 0.64 | 25.5% |
| 2002-03-31 | 0.14 | 0.03 | 0.11 | 0.59 | 24.1% |