Horizon Historical Income Statement
HZNM Stock | USD 0.0002 0.00 0.00% |
Historical analysis of Horizon Minerals income statement accounts such as Discontinued Operations of 0.0 or Total Revenue of 0.0 can show how well Horizon Minerals Corp performed in making a profits. Evaluating Horizon Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Horizon Minerals's future profits or losses.
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.
Horizon Minerals Net Income |
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Horizon |
About Horizon Income Statement Analysis
Horizon Minerals Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Horizon Minerals shareholders. The income statement also shows Horizon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Horizon Minerals Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Horizon Minerals Corp minus its cost of goods sold. It is profit before Horizon Minerals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Horizon Minerals Corp income statement and represents the costs associated with goods and services Horizon Minerals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Horizon Minerals' income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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. As of the 30th of November 2024, Selling General Administrative is likely to drop to about 78.5 K. In addition to that, Operating Income is likely to drop to about (102.1 K)
Horizon Minerals income statement 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.