Horizon Petroleum Ltd (HPL) — Working Capital to Net Assets Ratio
Horizon Petroleum Ltd (HPL) has a Working Capital to Net Assets ratio of 93.4% as of February 2026. Working capital of CA$-4.47 Million (current assets of CA$371.73K minus current liabilities of CA$4.85 Million) is measured against net assets of CA$-4.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Horizon Petroleum Ltd (HPL) net asset quality to measure how much of total assets are equity-financed.
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 February 2026, the ratio stands at 93.4%, reflecting working capital of CA$-4.47 Million against net assets of CA$-4.79 Million CAD. Check Horizon Petroleum Ltd (HPL) tangible net worth to evaluate the tangible quality of the company's equity 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. For live market cap and the full company profile, see Horizon Petroleum Ltd market capitalisation.
| 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 | — |