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.