Horizon Minerals Ltd

AU:HRZ Australia Gold
Market Cap
$122.15 Million
AU$197.28 Million AUD
Market Cap Rank
#19159 Global
#319 in Australia
Share Price
AU$0.96
Change (1 day)
+4.35%
52-Week Range
AU$0.04 - AU$1.51
All Time High
AU$1.51
Categories
Companies in Australia Gold
About

Horizon Minerals Limited engages in the exploration, development, and production of gold and other mineral resources in Australia. It primarily explores for gold, nickel, cobalt, silver, and zinc deposits. The company was formerly known as Intermin Resources Limited and changed its name to Horizon Minerals Limited in July 2019. Horizon Minerals Limited was incorporated in 1974 and is based in Wes… Read more

Horizon Minerals Ltd (HRZ) - Net Assets

Latest net assets as of June 2025: AU$84.07 Million AUD

Based on the latest financial reports, Horizon Minerals Ltd (HRZ) has net assets worth AU$84.07 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$195.01 Million) and total liabilities (AU$110.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$84.07 Million
% of Total Assets 43.11%
Annual Growth Rate 12.42%
5-Year Change 31.22%
10-Year Change 528.16%
Growth Volatility 62.91

Horizon Minerals Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Horizon Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Horizon Minerals Ltd (1989–2025)

The table below shows the annual net assets of Horizon Minerals Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$84.07 Million +81.68%
2024-06-30 AU$46.27 Million +31.12%
2023-06-30 AU$35.29 Million -11.77%
2022-06-30 AU$40.00 Million -37.57%
2021-06-30 AU$64.07 Million +38.03%
2020-06-30 AU$46.42 Million +7.87%
2019-06-30 AU$43.03 Million +81.80%
2018-06-30 AU$23.67 Million +22.87%
2017-06-30 AU$19.26 Million +43.93%
2016-06-30 AU$13.38 Million -4.89%
2015-06-30 AU$14.07 Million -5.59%
2014-06-30 AU$14.90 Million +26.48%
2013-06-30 AU$11.78 Million -13.42%
2012-06-30 AU$13.61 Million -15.76%
2011-06-30 AU$16.16 Million +120.47%
2010-06-30 AU$7.33 Million -25.64%
2009-06-30 AU$9.86 Million -59.63%
2008-06-30 AU$24.41 Million +61.34%
2007-06-30 AU$15.13 Million +38.24%
2006-06-30 AU$10.95 Million +10.63%
2005-06-30 AU$9.89 Million +16.37%
2004-06-30 AU$8.50 Million +16.37%
2003-06-30 AU$7.31 Million +18.33%
2002-06-30 AU$6.17 Million +11.38%
2001-06-30 AU$5.54 Million +9.21%
2000-06-30 AU$5.08 Million +10.52%
1999-06-30 AU$4.59 Million -38.32%
1998-06-30 AU$7.45 Million -45.40%
1997-06-30 AU$13.64 Million +38.38%
1996-06-30 AU$9.86 Million +72.30%
1995-06-30 AU$5.72 Million +73.28%
1994-06-30 AU$3.30 Million +315.74%
1993-06-30 AU$794.00K +5.31%
1992-06-30 AU$754.00K -3.46%
1991-06-30 AU$781.00K -19.32%
1990-06-30 AU$968.00K -22.12%
1989-06-30 AU$1.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Horizon Minerals Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 5037262400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$141.62 Million 168.45%
Other Comprehensive Income AU$677.46K 0.81%
Total Equity AU$84.07 Million 100.00%

Horizon Minerals Ltd Competitors by Market Cap

The table below lists competitors of Horizon Minerals Ltd ranked by their market capitalization.

Company Market Cap
Bursa De Valori Bucuresti SA
RO:BVB
 		$80.39 Million
Visiomed Group SA
PINK:VMDGF
 		$80.39 Million
Coya Therapeutics, Inc. Common Stock
NASDAQ:COYA
 		$80.41 Million
Unitika Ltd
PINK:UNIKF
 		$80.41 Million
Biomea Fusion Inc
NASDAQ:BMEA
 		$80.34 Million
Oxford Bank Corporation
PINK:OXBC
 		$80.28 Million
Genelux Corporation Common Stock
NASDAQ:GNLX
 		$80.28 Million
Licogi 16 JSC
VN:LCG
 		$80.27 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Horizon Minerals Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 46,274,863 to 84,074,480, a change of 37,799,617 (81.7%).
  • Net loss of 23,847,246 reduced equity.
  • Share repurchases of 1,913,406 reduced equity.
  • New share issuances of 35,443,595 increased equity.
  • Other comprehensive income increased equity by 584,283.
  • Other factors increased equity by 27,532,391.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-23.85 Million -28.36%
Share Repurchases AU$1.91 Million -2.28%
Share Issuances AU$35.44 Million +42.16%
Other Comprehensive Income AU$584.28K +0.69%
Other Changes AU$27.53 Million +32.75%
Total Change AU$- 81.68%

Book Value vs Market Value Analysis

This analysis compares Horizon Minerals Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.45x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 24.06x to 2.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.04 AU$0.96 x
1990-06-30 AU$0.03 AU$0.96 x
1991-06-30 AU$0.04 AU$0.96 x
1992-06-30 AU$0.03 AU$0.96 x
1993-06-30 AU$0.04 AU$0.96 x
1994-06-30 AU$0.15 AU$0.96 x
1995-06-30 AU$0.45 AU$0.96 x
1996-06-30 AU$0.96 AU$0.96 x
1997-06-30 AU$0.81 AU$0.96 x
1998-06-30 AU$0.44 AU$0.96 x
1999-06-30 AU$0.25 AU$0.96 x
2000-06-30 AU$0.23 AU$0.96 x
2001-06-30 AU$0.24 AU$0.96 x
2002-06-30 AU$0.27 AU$0.96 x
2003-06-30 AU$0.28 AU$0.96 x
2004-06-30 AU$0.35 AU$0.96 x
2005-06-30 AU$0.40 AU$0.96 x
2006-06-30 AU$0.43 AU$0.96 x
2007-06-30 AU$0.60 AU$0.96 x
2008-06-30 AU$0.96 AU$0.96 x
2009-06-30 AU$0.39 AU$0.96 x
2010-06-30 AU$0.29 AU$0.96 x
2011-06-30 AU$0.62 AU$0.96 x
2012-06-30 AU$0.44 AU$0.96 x
2013-06-30 AU$0.38 AU$0.96 x
2014-06-30 AU$0.48 AU$0.96 x
2015-06-30 AU$0.45 AU$0.96 x
2016-06-30 AU$0.33 AU$0.96 x
2017-06-30 AU$0.39 AU$0.96 x
2018-06-30 AU$0.45 AU$0.96 x
2019-06-30 AU$0.66 AU$0.96 x
2020-06-30 AU$0.11 AU$0.96 x
2021-06-30 AU$0.44 AU$0.96 x
2022-06-30 AU$0.07 AU$0.96 x
2023-06-30 AU$0.21 AU$0.96 x
2024-06-30 AU$0.24 AU$0.96 x
2025-06-30 AU$0.39 AU$0.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Horizon Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -28.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -64.71%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 2.32x
  • Recent ROE (-28.36%) is below the historical average (-9.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 -18.26% 0.00% 0.00x 1.26x AU$-351.30K
1990 -28.41% 0.00% 0.00x 1.19x AU$-371.80K
1991 -23.94% 0.00% 0.00x 1.06x AU$-265.10K
1992 -3.58% 0.00% 0.00x 1.08x AU$-102.40K
1993 -25.57% 0.00% 0.00x 1.04x AU$-282.40K
1994 1.97% 0.00% 0.00x 1.06x AU$-265.10K
1995 -28.20% 0.00% 0.00x 1.01x AU$-2.19 Million
1996 -9.58% 0.00% 0.00x 1.02x AU$-1.93 Million
1997 -9.98% 0.00% 0.00x 1.01x AU$-2.72 Million
1998 -29.61% 0.00% 0.00x 1.02x AU$-2.95 Million
1999 -79.16% 0.00% 0.00x 1.01x AU$-4.10 Million
2000 3.12% 0.00% 0.00x 1.04x AU$-342.00K
2001 3.10% 0.00% 0.00x 1.02x AU$-375.53K
2002 8.42% 76.61% 0.11x 1.02x AU$-97.84K
2003 16.16% 68.78% 0.22x 1.05x AU$450.33K
2004 16.92% 60.77% 0.26x 1.05x AU$588.73K
2005 14.07% 69.81% 0.19x 1.05x AU$402.57K
2006 17.70% 89.68% 0.18x 1.08x AU$842.39K
2007 -4.20% -84.58% 0.05x 1.05x AU$-2.15 Million
2008 1.00% 14.66% 0.07x 1.02x AU$-2.20 Million
2009 -17.55% -25163.64% 0.00x 1.04x AU$-2.72 Million
2010 -34.55% -28133.33% 0.00x 1.05x AU$-3.26 Million
2011 36.18% 64944.44% 0.00x 1.02x AU$4.23 Million
2012 -19.34% -4892.19% 0.00x 1.07x AU$-3.99 Million
2013 -15.50% 0.00% 0.00x 1.09x AU$-3.01 Million
2014 20.94% 0.00% 0.00x 1.08x AU$1.63 Million
2015 -5.92% -5113.57% 0.00x 1.07x AU$-2.24 Million
2016 -22.41% -14922.40% 0.00x 1.03x AU$-4.34 Million
2017 -2.02% -3.98% 0.38x 1.33x AU$-2.32 Million
2018 14.88% 13.17% 1.02x 1.11x AU$1.15 Million
2019 -7.29% -1298.64% 0.01x 1.08x AU$-7.44 Million
2020 2.25% 1668.82% 0.00x 1.19x AU$-3.60 Million
2021 3.82% 13.71% 0.27x 1.04x AU$-3.96 Million
2022 -70.07% -843.99% 0.07x 1.16x AU$-32.03 Million
2023 -2.86% -1233.48% 0.00x 1.27x AU$-4.54 Million
2024 -7.47% -52.31% 0.11x 1.27x AU$-8.08 Million
2025 -28.36% -64.71% 0.19x 2.32x AU$-32.25 Million

Industry Comparison

This section compares Horizon Minerals Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Horizon Minerals Ltd (HRZ) AU$84.07 Million -18.26% 1.32x $80.34 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million