Horizonte Minerals Balance Sheet Health
Financial Health criteria checks 1/6
Horizonte Minerals has a total shareholder equity of $335.4M and total debt of $313.0M, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are $691.8M and $356.4M respectively.
Key information
93.3%
Debt to equity ratio
US$312.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$138.68m |
| Equity | US$335.45m |
| Total liabilities | US$356.35m |
| Total assets | US$691.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HZMM.F's short term assets ($200.2M) exceed its short term liabilities ($30.2M).
Long Term Liabilities: HZMM.F's short term assets ($200.2M) do not cover its long term liabilities ($326.1M).
Debt to Equity History and Analysis
Debt Level: HZMM.F's net debt to equity ratio (52%) is considered high.
Reducing Debt: HZMM.F's debt to equity ratio has increased from 0% to 93.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if HZMM.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HZMM.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/11 05:07 |
| End of Day Share Price | 2024/05/14 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Horizonte Minerals Plc is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Gagliano | BMO Capital Markets Equity Research |
| Jason Fairclough | BofA Global Research |
| null null | Cantor Fitzgerald Canada Corporation |