Horizon Historical Balance Sheet
| HZNM Stock | USD 0.0002 0.00 0.00% |
Trend analysis of Horizon Minerals Corp balance sheet accounts such as Total Liabilities of 133 K or Common Stock of 6.7 K provides information on Horizon Minerals' total assets, liabilities, and equity, which is the actual value of Horizon Minerals Corp to its prevalent stockholders. By breaking down trends over time using Horizon Minerals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Horizon Minerals Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Horizon Minerals Corp is a good buy for the upcoming year.
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About Horizon Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Horizon Minerals Corp at a specified time, usually calculated after every quarter, six months, or one year. Horizon Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Horizon Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Horizon currently owns. An asset can also be divided into two categories, current and non-current.
Horizon Minerals Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Horizon Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Horizon Minerals Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Horizon Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Horizon Minerals Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Capital Lease Obligations
Horizon Minerals Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Horizon Minerals asset purchases. For example, Horizon Minerals can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Horizon Minerals control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Most accounts from Horizon Minerals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Horizon Minerals Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Minerals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Horizon Minerals' Total Current Liabilities is very stable compared to the past year. As of the 27th of November 2024, Total Liabilities is likely to grow to about 133 K, while Common Stock is likely to drop 6,703.
| 2015 | 2016 | 2023 | 2024 (projected) | Accounts Payable | 74.3K | 29.8K | 34.3K | 34.2K | Total Current Liabilities | 100.4K | 110.1K | 126.6K | 133.0K |
Horizon Minerals balance sheet Correlations
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Horizon Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.