Horizon Copper Corp
Horizon Copper Corp., together with its subsidiaries, focuses on the copper mining operations. It also explores for silver, zinc, gold, and molybdenum deposits. The company holds a 30% interest in the Hod Maden project located in Artvin Province, northeastern Türkiye; and a 20% interest in the Oyu Tolgoi copper mine which consist of Hugo North Extension and Heruga deposits located in Mongolia. It… Read more
Horizon Copper Corp (HNCUF) - Total Assets
Latest total assets as of December 2024: $513.41 Million USD
Based on the latest financial reports, Horizon Copper Corp (HNCUF) holds total assets worth $513.41 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Horizon Copper Corp - Total Assets Trend (2020–2024)
This chart illustrates how Horizon Copper Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Horizon Copper Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Horizon Copper Corp's total assets of $513.41 Million consist of 2.5% current assets and 97.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.4% |
| Accounts Receivable | $394.00K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Horizon Copper Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Horizon Copper Corp's current assets represent 2.5% of total assets in 2024, a decrease from 3.1% in 2020.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, up from 0.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Horizon Copper Corp Competitors by Total Assets
Key competitors of Horizon Copper Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Horizon Copper Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Horizon Copper Corp generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Horizon Copper Corp is currently not profitable relative to its asset base.
Horizon Copper Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.80 | 2.00 | 95.37 |
| Quick Ratio | 1.80 | 2.00 | 95.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.61 Million | $ 10.35 Million | $ 41.33 Million |
Horizon Copper Corp - Advanced Valuation Insights
This section examines the relationship between Horizon Copper Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.50 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -1.3% |
| Total Assets | $513.41 Million |
| Market Capitalization | $43.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Horizon Copper Corp's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Horizon Copper Corp's assets decreased by 1.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Horizon Copper Corp (2020–2024)
The table below shows the annual total assets of Horizon Copper Corp from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $513.41 Million | -1.31% |
| 2023-12-31 | $520.25 Million | +73.01% |
| 2022-12-31 | $300.71 Million | +3224.56% |
| 2021-12-31 | $9.04 Million | +39.86% |
| 2020-12-31 | $6.47 Million | -- |