Horizon Petroleum Ltd (HPL) — Defensive Interval Ratio

Latest as of May 2026: 1 days

Horizon Petroleum Ltd (HPL) has a Defensive Interval Ratio of 1 days as of May 2026. Defensive assets of CA$15.09K (cash CA$-, short-term investments CA$-, receivables CA$15.09K) cover 1 days of daily cash needs of CA$10.17K/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

CA$15.09K
Cash + ST Investments + Receivables

Daily Cash Need

CA$10.17K
Current Liabilities ÷ 365

Current Liabilities

CA$3.71 Million
CAD

Horizon Petroleum Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Horizon Petroleum Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of May 2026, the ratio stands at 1 days, meaning defensive assets of CA$15.09K can fund 1 days of operations without new revenue. For the complete balance sheet picture, see HPL total assets.

Annual Defensive Interval Ratio for Horizon Petroleum Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Horizon Petroleum Ltd from 2014 to 2025, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Horizon Petroleum Ltd to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 3 days CA$32.07K CA$12.38K/day CA$- CA$- ▲ +0 days
2024 2 days CA$22.86K CA$9.81K/day CA$- CA$- ▼ -2 days
2023 4 days CA$36.80K CA$8.46K/day CA$- CA$- ▲ +2 days
2022 2 days CA$19.86K CA$9.47K/day CA$- CA$- ▲ +1 days
2021 1 days CA$11.58K CA$8.60K/day CA$- CA$- ▲ +1 days
2020 0 days CA$3.06K CA$8.36K/day CA$- CA$- ▼ -4 days
2019 5 days CA$36.73K CA$7.95K/day CA$- CA$- ▼ -72 days
2018 76 days CA$90.39K CA$1.19K/day CA$- CA$- ▼ -25 days
2017 101 days CA$48.90K CA$482.47/day CA$- CA$- ▲ +83 days
2016 19 days CA$23.85K CA$1.28K/day CA$- CA$- ▲ +4 days
2015 15 days CA$8.05K CA$540.10/day CA$- CA$- ▼ -34 days
2014 49 days CA$24.75K CA$504.33/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)