Horizon Copper Corp. Working Capital to Net Assets Ratio
Horizon Copper Corp. working capital to net assets ratio. Horizon Copper Corp. (HCU) has a Working Capital to Net Assets ratio of 13.1% as of June 2025. Working capital of CA$-12.17 Million (current assets of CA$7.29 Million minus current liabilities of CA$19.46 Million) is measured against net assets of CA$-92.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Horizon Copper Corp. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Horizon Copper Corp. (2021–2024)
Working capital to net assets ratio of Horizon Copper Corp. from 2021 to 2024. This chart shows how Horizon Copper Corp.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 13.1%, reflecting working capital of CA$-12.17 Million against net assets of CA$-92.92 Million CAD. See HCU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Horizon Copper Corp. Working Capital to Net Assets Ratio by Year (2021–2024)
Horizon Copper Corp. working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Horizon Copper Corp. from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Horizon Copper Corp. total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -10.9% | CA$5.61 Million | CA$-51.28 Million | CA$12.62 Million | CA$7.01 Million | ▼ -203.3 pp |
| 2023 | 192.4% | CA$10.35 Million | CA$5.38 Million | CA$20.75 Million | CA$10.40 Million | ▲ +40.8 pp |
| 2022 | 151.6% | CA$41.22 Million | CA$27.18 Million | CA$41.36 Million | CA$141.00K | ▲ +111.9 pp |
| 2021 | 39.7% | CA$3.55 Million | CA$8.95 Million | CA$3.65 Million | CA$96.00K | — |