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. Also explore Horizon Petroleum Ltd net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see HPL company net worth.
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. See Horizon Petroleum Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |