Horizon Minerals Corp Stock Total Asset
HZNM Stock | USD 0.0002 0.00 0.00% |
Horizon Minerals Corp fundamentals help investors to digest information that contributes to Horizon Minerals' financial success or failures. It also enables traders to predict the movement of Horizon Stock. The fundamental analysis module provides a way to measure Horizon Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Horizon Minerals stock.
Last Reported | Projected for Next Year | ||
Total Assets | 585.1 K | 614.4 K |
Horizon | Total Asset |
Horizon Minerals Corp Company Total Asset Analysis
Horizon Minerals' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Horizon Minerals Total Asset | 508.79 K |
Most of Horizon Minerals' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Horizon Minerals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Horizon Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Horizon Minerals is extremely important. It helps to project a fair market value of Horizon Stock properly, considering its historical fundamentals such as Total Asset. Since Horizon Minerals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Horizon Minerals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Horizon Minerals' interrelated accounts and indicators.
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition |
Horizon Total Assets
Total Assets |
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Based on the latest financial disclosure, Horizon Minerals Corp has a Total Asset of 508.79 K. This is 100.0% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all United States stocks is 100.0% higher than that of the company.
Horizon Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Horizon Minerals' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Horizon Minerals could also be used in its relative valuation, which is a method of valuing Horizon Minerals by comparing valuation metrics of similar companies.Horizon Minerals is currently under evaluation in total asset category among its peers.
Horizon Fundamentals
Return On Equity | -1.2 | |||
Return On Asset | -0.25 | |||
Current Valuation | 231.77 K | |||
Shares Outstanding | 96.57 M | |||
Shares Owned By Insiders | 68.81 % | |||
Price To Earning | (1.41) X | |||
Price To Book | 1.32 X | |||
Net Income | (131.11 K) | |||
Cash And Equivalents | 395 | |||
Total Debt | 40.27 K | |||
Debt To Equity | 0.30 % | |||
Current Ratio | 0.09 X | |||
Book Value Per Share | 0 X | |||
Cash Flow From Operations | (53.53 K) | |||
Beta | -12.79 | |||
Market Capitalization | 231.77 K | |||
Total Asset | 508.79 K | |||
Working Capital | (150 K) | |||
Current Liabilities | 150 K | |||
Net Asset | 508.79 K |
About Horizon Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Horizon Minerals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Horizon Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Horizon Minerals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Minerals. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.25) | Return On Equity (1.20) |
The market value of Horizon Minerals Corp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Minerals' value that differs from its market value or its book value, called intrinsic value, which is Horizon Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Minerals' market value can be influenced by many factors that don't directly affect Horizon Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.