Horizon Copper Corp. (HCU) — 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. See HCU days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Horizon Copper Corp. Working Capital to Net Assets (2021–2024)
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. For the complete balance sheet picture, see HCU total assets.
Annual Working Capital to Net Assets for Horizon Copper Corp. (2021–2024)
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. Explore HCU long-term investments to assets to see how much of total assets are deployed in long-term investments.
| 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 | — |