Horizon Oil Limited
Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China, New Zealand, Australia, and Thailand. It also involved in the exploration and evaluation of hydrocarbons. Horizon Oil Limited was incorporated in 1969 and is headquartered in Sydney, Australia.
Horizon Oil Limited (HZNFF) - Net Assets
Latest net assets as of June 2025: $65.30 Million USD
Based on the latest financial reports, Horizon Oil Limited (HZNFF) has net assets worth $65.30 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($180.16 Million) and total liabilities ($114.86 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 | $65.30 Million |
| % of Total Assets | 36.25% |
| Annual Growth Rate | -10.55% |
| 5-Year Change | -40.79% |
| 10-Year Change | -53.61% |
| Growth Volatility | 79.23 |
Horizon Oil Limited - Net Assets Trend (2014–2025)
This chart illustrates how Horizon Oil Limited'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 Oil Limited (2014–2025)
The table below shows the annual net assets of Horizon Oil Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $65.30 Million | -21.56% |
| 2024-06-30 | $83.24 Million | -13.09% |
| 2023-06-30 | $95.78 Million | -3.48% |
| 2022-06-30 | $99.23 Million | -10.02% |
| 2021-06-30 | $110.28 Million | -8.66% |
| 2020-06-30 | $120.73 Million | -40.08% |
| 2019-06-30 | $201.49 Million | +56.25% |
| 2018-06-30 | $128.95 Million | -7.06% |
| 2017-06-30 | $138.75 Million | -1.43% |
| 2016-06-30 | $140.77 Million | +240.55% |
| 2015-06-30 | $41.33 Million | -81.43% |
| 2014-06-30 | $222.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Horizon Oil Limited'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 461.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $223.94 Million | 342.95% |
| Total Equity | $65.30 Million | 100.00% |
Horizon Oil Limited Competitors by Market Cap
The table below lists competitors of Horizon Oil Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkane Resources Limited
PINK:ALKEF
|
$153.29 Million |
|
VNV Global AB
ST:VNV
|
$153.38 Million |
|
JIUMAOJIU INTL HLDGS LTD
F:3YU
|
$153.39 Million |
|
Ferro S.A.
WAR:FRO
|
$153.41 Million |
|
DEEP VAL.DRILL.AS NK -10
F:9YG
|
$153.28 Million |
|
Zaggle Prepaid Ocean Services Limited
NSE:ZAGGLE
|
$153.19 Million |
|
Yunnan Bowin Technology Industry Co Ltd
SHG:600883
|
$153.12 Million |
|
Adairs Ltd
AU:ADH
|
$153.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Horizon Oil Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,243,000 to 65,298,000, a change of -17,945,000 (-21.6%).
- Net income of 12,247,000 contributed positively to equity growth.
- Dividend payments of 31,881,000 reduced retained earnings.
- Share repurchases of 304,000 reduced equity.
- New share issuances of 304,000 increased equity.
- Other factors increased equity by 1,689,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.25 Million | +18.76% |
| Dividends Paid | $31.88 Million | -48.82% |
| Share Repurchases | $304.00K | -0.47% |
| Share Issuances | $304.00K | +0.47% |
| Other Changes | $1.69 Million | +2.59% |
| Total Change | $- | -21.56% |
Book Value vs Market Value Analysis
This analysis compares Horizon Oil Limited'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: 3.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | $0.00 | $0.14 | x |
| 2016-06-30 | $0.00 | $0.14 | x |
| 2017-06-30 | $0.11 | $0.14 | x |
| 2018-06-30 | $0.10 | $0.14 | x |
| 2019-06-30 | $0.15 | $0.14 | x |
| 2020-06-30 | $0.09 | $0.14 | x |
| 2021-06-30 | $0.07 | $0.14 | x |
| 2022-06-30 | $0.06 | $0.14 | x |
| 2023-06-30 | $0.06 | $0.14 | x |
| 2024-06-30 | $0.05 | $0.14 | x |
| 2025-06-30 | $0.04 | $0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Horizon Oil Limited 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): 18.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.76%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.76x
- Recent ROE (18.76%) is above the historical average (-3.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.76% | 9.27% | 0.27x | 2.31x | $-9.43 Million |
| 2015 | 7.15% | 17.64% | 0.20x | 2.04x | $-1.18 Million |
| 2016 | -138.15% | -256.00% | 0.20x | 2.74x | $-208.71 Million |
| 2017 | -0.31% | -0.49% | 0.25x | 2.55x | $-14.31 Million |
| 2018 | -2.73% | -2.45% | 0.34x | 3.25x | $-16.41 Million |
| 2019 | 25.35% | 28.27% | 0.48x | 1.86x | $30.94 Million |
| 2020 | -66.55% | -73.58% | 0.44x | 2.07x | $-92.42 Million |
| 2021 | 7.26% | 11.42% | 0.38x | 1.69x | $-3.02 Million |
| 2022 | 24.52% | 21.60% | 0.62x | 1.84x | $14.40 Million |
| 2023 | 45.79% | 29.12% | 0.82x | 1.92x | $34.27 Million |
| 2024 | 31.11% | 23.21% | 0.54x | 2.47x | $17.58 Million |
| 2025 | 18.76% | 11.76% | 0.58x | 2.76x | $5.72 Million |
Industry Comparison
This section compares Horizon Oil Limited's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Horizon Oil Limited (HZNFF) | $65.30 Million | 5.76% | 1.76x | $153.28 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |