Horizon Petroleum Ltd (HPL) — Tangible Net Worth Ratio
Horizon Petroleum Ltd (HPL) has a Tangible Net Worth Ratio of 100.0% as of May 2018. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$514.51K) 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. See Horizon Petroleum Ltd shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Horizon Petroleum Ltd Tangible Net Worth Ratio (2014–2017)
This chart shows how Horizon Petroleum Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2014 to 2017. As of May 2018, the ratio stands at 100.0%, reflecting net assets of CA$514.51K with intangible assets of CA$0.00 CAD. Also explore Horizon Petroleum Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Horizon Petroleum Ltd (2014–2017)
The table below presents the year-by-year Tangible Net Worth Ratio for Horizon Petroleum Ltd from 2014 to 2017, 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 the full company profile including market capitalisation, see Horizon Petroleum Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2017 | 100.0% | CA$1.86 Million | CA$0.00 | CA$4.84 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$62.92K | CA$0.00 | CA$260.06K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$856.96K | CA$0.00 | CA$1.04 Million | — |