Horizon Copper Corp. Tangible Net Worth Ratio
Horizon Copper Corp. tangible net worth ratio. Horizon Copper Corp. (HCU) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.38 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is Horizon Copper Corp.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Horizon Copper Corp. (2021–2023)
Tangible net worth ratio of Horizon Copper Corp. from 2021 to 2023. This chart shows how Horizon Copper Corp.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of CA$5.38 Million with intangible assets of CA$0.00 CAD. See working capital to net assets of Horizon Copper Corp. to evaluate short-term liquidity relative to the company's equity base.
Horizon Copper Corp. Tangible Net Worth Ratio by Year (2021–2023)
Horizon Copper Corp. tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Horizon Copper Corp. from 2021 to 2023, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Horizon Copper Corp. (HCU) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$5.38 Million | CA$0.00 | CA$520.25 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$27.18 Million | CA$0.00 | CA$300.71 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$8.95 Million | CA$0.00 | CA$9.04 Million | — |