Horizon Petroleum Ltd (HPL) - Net Assets
Based on the latest financial reports, Horizon Petroleum Ltd (HPL) has net assets worth CA$-4.79 Million CAD (≈ $-3.46 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$371.73K ≈ $268.90K USD) and total liabilities (CA$5.16 Million ≈ $3.73 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Horizon Petroleum Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-4.79 Million |
| % of Total Assets | -1288.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 312.39 |
Horizon Petroleum Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Horizon Petroleum Ltd's net assets have evolved over time, based on quarterly financial data. See Horizon Petroleum Ltd (HPL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Horizon Petroleum Ltd (2014–2025)
The table below shows the annual net assets of Horizon Petroleum Ltd from 2014 to 2025. For live valuation and market cap data, see Horizon Petroleum Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$-4.18 Million ≈ $-3.03 Million |
-20.73% |
| 2024-08-31 | CA$-3.47 Million ≈ $-2.51 Million |
-19.98% |
| 2023-08-31 | CA$-2.89 Million ≈ $-2.09 Million |
+15.15% |
| 2022-08-31 | CA$-3.40 Million ≈ $-2.46 Million |
-10.67% |
| 2021-08-31 | CA$-3.08 Million ≈ $-2.23 Million |
-211.38% |
| 2018-08-31 | CA$-987.80K ≈ $-714.56K |
-153.02% |
| 2017-08-31 | CA$1.86 Million ≈ $1.35 Million |
+533.23% |
| 2016-08-31 | CA$-430.01K ≈ $-311.07K |
-783.45% |
| 2015-08-31 | CA$62.92K ≈ $45.51K |
-92.66% |
| 2014-08-31 | CA$856.96K ≈ $619.91K |
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Equity Component Analysis
This analysis shows how different components contribute to Horizon Petroleum 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 1360834100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$22.98 Million | % |
| Total Equity | CA$-4.18 Million | 100.00% |
Horizon Petroleum Ltd Competitors by Market Cap
The table below lists competitors of Horizon Petroleum Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SECUREKLOUD TECHNOLOGIES LIMITED
NSE:SECURKLOUD
|
$6.95 Million |
|
Agroz Inc. Ordinary Shares
NASDAQ:AGRZ
|
$6.95 Million |
|
Evolva Holding SA
SW:EVE
|
$6.95 Million |
|
SUPERNOVA METALS CORP.
F:A1S
|
$6.95 Million |
|
Griffin Mining
LSE:GFM
|
$6.94 Million |
|
Paras Petrofils Limited
NSE:PARASPETRO
|
$6.94 Million |
|
Wearable Devices Ltd.
NASDAQ:WLDS
|
$6.94 Million |
|
Allurion Technologies, Inc.
NYSE:ALUR
|
$6.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Horizon Petroleum Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,465,459 to -4,183,863, a change of -718,404.
- Net loss of 3,254,170 reduced equity.
- New share issuances of 1,262,040 increased equity.
- Other factors increased equity by 1,273,726.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.25 Million | -77.78% |
| Share Issuances | CA$1.26 Million | +30.16% |
| Other Changes | CA$1.27 Million | +30.44% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Horizon Petroleum 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-08-31 | CA$0.05 | CA$0.17 | x |
| 2018-08-31 | CA$-0.03 | CA$0.17 | x |
| 2021-08-31 | CA$-0.26 | CA$0.17 | x |
| 2022-08-31 | CA$-0.28 | CA$0.17 | x |
| 2023-08-31 | CA$-0.12 | CA$0.17 | x |
| 2024-08-31 | CA$-0.10 | CA$0.17 | x |
| 2025-08-31 | CA$-0.07 | CA$0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Horizon Petroleum Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-153.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -171.78% | 0.00% | 0.00x | 1.21x | CA$-1.56 Million |
| 2015 | -1298.21% | 0.00% | 0.00x | 4.13x | CA$-823.10K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-825.43K |
| 2017 | -62.88% | 0.00% | 0.00x | 2.60x | CA$-1.36 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.84 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$222.92K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | CA$12.31K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-868.50K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-841.26K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.84 Million |
Industry Comparison
This section compares Horizon Petroleum Ltd'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: $468,854,611
- Average return on equity (ROE) among peers: -17.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Horizon Petroleum Ltd (HPL) | CA$-4.79 Million | -171.78% | N/A | $6.95 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.56 Billion | 21.64% | 0.42x | $1.17 Billion |
| Africa Energy Corp (AFE) | $265.56 Million | 18.32% | 0.01x | $67.59 Million |
| Alvopetro Energy (ALV) | $95.37 Million | 24.22% | 0.47x | $235.69 Million |
| Africa Oil Corp (AOI) | $24.87 Million | -14.72% | 0.42x | $820.85 Million |
| Altima Resources Ltd (ARH) | $19.56 Million | -8.72% | 0.40x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $2.10 Billion | 25.38% | 0.79x | $12.87 Billion |
| Athabasca Oil Corp (ATH) | $567.02 Million | -127.10% | 1.51x | $3.78 Billion |
| Altai Resources Inc. (ATI) | $22.21 Million | -2.68% | 0.02x | $1.12 Million |
| Avanti Energy Inc (AVN) | $2.38 Million | -86.78% | 0.06x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $27.18 Million | -27.59% | 0.08x | $102.36 Million |
About Horizon Petroleum Ltd
Horizon Petroleum Ltd. engages in the acquisition, exploration, and development of oil and gas properties in Canada. It operates gas development platform in Europe with concession rights in Poland. Horizon Petroleum Ltd. was incorporated in 1987 and is based in Calgary, Canada.