Horizon Global Corp
Consumer Discretionary · Motor Vehicle Parts & Accessories · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $782.1M | $661.2M | $690.5M | $714.0M | $203.3M | $649.2M |
| Operating income | $7.2M | −$6.9M | −$57.2M | −$190.6M | $34.8M | $6.3M |
| Net income | −$31.7M | −$36.6M | $80.8M | −$204.0M | −$9.9M | −$12.4M |
| Total assets | $438.9M | $456.5M | $421.0M | $521.4M | $661.0M | $613.4M |
| Total liabilities | $479.2M | $480.3M | $412.4M | $587.6M | $520.6M | $581.3M |
| Equity | −$33.7M | −$18.7M | $12.3M | −$63.7M | $141.9M | $32.4M |
| EPS (diluted) | $-1.17 | $-1.42 | $3.19 | $-8.14 | $-0.41 | $-0.66 |
| Shares out. | 26.9M | 25.4M | 25.2M | 25.0M | 25.5M | 18.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- 0.9%
- Net margin
- −4.1%
- Return on equity
- 94.2%
- Return on assets
- −7.2%
- Return on capital (ROCE)
- 2.6%
- Liabilities / assets
- 109.2%
- Debt / equity
- —
- Book value / share
- $-1.25
- Revenue growth (YoY)
- 18.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- 0.14distress
- Accruals / assets
- 2.5%clean
- Beneish M-Score
- -2.46normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 3 warning● 4 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 11, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsFeb 8, 2023
- Director / officer changeJan 27, 2023
- Entered a material agreement · Amended charter or bylaws · Other material eventJan 3, 2023
- Director / officer change · Regulation FD disclosureNov 21, 2022
- Director / officer changeNov 18, 2022
- Results of operationsNov 9, 2022
- Results of operationsAug 9, 2022
- Delisting / listing-standard noticeJul 29, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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