Horizon Petroleum Ltd Tangible Net Worth Ratio
Horizon Petroleum Ltd 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. Check HPL strategic assets to equity ratio 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 Petroleum Ltd (2014–2017)
Tangible net worth ratio of Horizon Petroleum Ltd from 2014 to 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. See Horizon Petroleum Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Horizon Petroleum Ltd Tangible Net Worth Ratio by Year (2014–2017)
Horizon Petroleum Ltd tangible net worth ratio by year from 2014 to 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 live market cap and overall valuation, see Horizon Petroleum Ltd (HPL) total market value.
| 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 | — |