Horizon Petroleum Ltd (HPL) — Working Capital to Net Assets Ratio
Horizon Petroleum Ltd (HPL) has a Working Capital to Net Assets ratio of 3.2% as of May 2026. Working capital of CA$-135.03K (current assets of CA$3.58 Million minus current liabilities of CA$3.71 Million) is measured against net assets of CA$-4.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Horizon Petroleum Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Horizon Petroleum Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Horizon Petroleum Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2025. As of May 2026, the ratio stands at 3.2%, reflecting working capital of CA$-135.03K against net assets of CA$-4.28 Million CAD. For the complete balance sheet picture, see HPL asset base.
Annual Working Capital to Net Assets for Horizon Petroleum Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Horizon Petroleum Ltd from 2014 to 2025, covering 10 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. Read total liabilities of Horizon Petroleum Ltd for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | CA$-4.18 Million | CA$-4.18 Million | CA$335.49K | CA$4.52 Million | ▲ +0.0 pp |
| 2024 | 100.0% | CA$-3.47 Million | CA$-3.47 Million | CA$116.14K | CA$3.58 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$-2.89 Million | CA$-2.89 Million | CA$200.59K | CA$3.09 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$-3.40 Million | CA$-3.40 Million | CA$53.90K | CA$3.46 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$-3.08 Million | CA$-3.08 Million | CA$62.38K | CA$3.14 Million | ▲ +84.0 pp |
| 2018 | 16.0% | CA$-158.14K | CA$-987.80K | CA$274.91K | CA$433.06K | ▼ -77.2 pp |
| 2017 | 93.2% | CA$1.74 Million | CA$1.86 Million | CA$1.91 Million | CA$176.10K | ▼ -6.8 pp |
| 2016 | 100.0% | CA$-430.01K | CA$-430.01K | CA$35.60K | CA$465.61K | ▲ +0.0 pp |
| 2015 | 100.0% | CA$62.92K | CA$62.92K | CA$260.06K | CA$197.14K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$856.96K | CA$856.96K | CA$1.04 Million | CA$184.08K | — |