Horizonte Minerals Plc
Horizonte Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Brazil. The company primarily explores for nickel deposits, as well as cobalt deposits. It holds 100% interest in the Araguaia ferronickel; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district. The company is headquartered in London, the Un… Read more
Horizonte Minerals Plc (HZMMF) - Total Assets
Latest total assets as of June 2023: $691.80 Million USD
Based on the latest financial reports, Horizonte Minerals Plc (HZMMF) holds total assets worth $691.80 Million USD as of June 2023.
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.
Horizonte Minerals Plc - Total Assets Trend (2005–2022)
This chart illustrates how Horizonte Minerals Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Horizonte Minerals Plc - Asset Composition Analysis
Current Asset Composition (December 2022)
Horizonte Minerals Plc's total assets of $691.80 Million consist of 41.9% current assets and 58.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.6% |
| Accounts Receivable | $42.25 Million | 8.1% |
| Inventory | $10.81 Million | 2.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $159.37K | 0.0% |
| Goodwill | $215.22K | 0.0% |
Asset Composition Trend (2005–2022)
This chart illustrates how Horizonte Minerals Plc'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: Horizonte Minerals Plc's current assets represent 41.9% of total assets in 2022, a decrease from 76.6% in 2005.
- Cash Position: Cash and equivalents constituted 29.6% of total assets in 2022, up from 15.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 23.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 8.1% of total assets.
Horizonte Minerals Plc Competitors by Total Assets
Key competitors of Horizonte Minerals Plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Galileo Resources Plc
LSE:GLR
|
UK | GBX14.28 Million |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
China | CN¥48.31 Billion |
|
Shengda Mining Co Ltd
SHE:000603
|
China | CN¥7.11 Billion |
|
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
|
China | CN¥14.74 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
China | CN¥20.78 Billion |
|
Guocheng Mining Co Ltd
SHE:000688
|
China | CN¥8.41 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
China | CN¥23.09 Billion |
|
Huludao Zinc Industry Co Ltd
SHE:000751
|
China | CN¥10.04 Billion |
Horizonte Minerals Plc - 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 - Horizonte Minerals Plc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Horizonte Minerals Plc is currently not profitable relative to its asset base.
Horizonte Minerals Plc - 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 | 6.62 | 10.53 | 16.96 |
| Quick Ratio | 6.62 | 11.29 | 16.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $169.91 Million | $ 206.83 Million | $ 9.89 Million |
Horizonte Minerals Plc - Advanced Valuation Insights
This section examines the relationship between Horizonte Minerals Plc'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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 68.4% |
| Total Assets | $520.24 Million |
| Market Capitalization | $503.14K USD |
Valuation Analysis
Below Book Valuation: The market values Horizonte Minerals Plc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Horizonte Minerals Plc's assets grew by 68.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Horizonte Minerals Plc (2005–2022)
The table below shows the annual total assets of Horizonte Minerals Plc from 2005 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $520.24 Million | +68.38% |
| 2021-12-31 | $308.97 Million | +353.21% |
| 2020-12-31 | $68.17 Million | -12.56% |
| 2019-12-31 | $77.96 Million | +45.28% |
| 2018-12-31 | $53.66 Million | -9.48% |
| 2017-12-31 | $59.28 Million | +16.14% |
| 2016-12-31 | $51.04 Million | +30.37% |
| 2015-12-31 | $39.15 Million | -18.71% |
| 2014-12-31 | $48.16 Million | +1.77% |
| 2013-12-31 | $47.33 Million | -11.26% |
| 2012-12-31 | $53.33 Million | +4.83% |
| 2011-12-31 | $50.88 Million | +13.33% |
| 2010-12-31 | $44.89 Million | +625.59% |
| 2009-12-31 | $6.19 Million | +23.17% |
| 2008-12-31 | $5.02 Million | -47.02% |
| 2007-12-31 | $9.48 Million | +68.27% |
| 2006-12-31 | $5.63 Million | +401.48% |
| 2005-12-31 | $1.12 Million | -- |