Horizon Petroleum (TSXV:HPL) Total Current Assets : C$0.24 Mil (As of May. 2024)

Horizon Petroleum Total Current Assets Chart

Horizon Petroleum Annual Data
	Trend	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Total Current Assets		Get a 7-Day Free Trial					0.29	0.06	0.06	0.05	0.20

Horizon Petroleum Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Total Current Assets	Get a 7-Day Free Trial															0.48	0.20	0.07	0.09	0.24

Horizon Petroleum Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Horizon Petroleum's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Horizon Petroleum's Total Current Assets for the quarter that ended in May. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Horizon Petroleum  (TSXV:HPL) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Horizon Petroleum's Liquidation Value for the quarter that ended in May. 2024 is

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Horizon Petroleum Total Current Assets Related Terms

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Horizon Petroleum Business Description