Horizon North Logistics private (Horizon North Logistics private) Total Assets : $341.0 Mil (As of Mar. 2020)

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What is Horizon North Logistics private Total Assets?

Horizon North Logistics private's Total Assets for the quarter that ended in Mar. 2020 was $341.0 Mil.

Total Assets is connected with ROA %. Horizon North Logistics private's annualized ROA % for the quarter that ended in Mar. 2020 was -18.46%. Total Assets is also linked to Revenue through Asset Turnover. Horizon North Logistics private's Asset Turnover for the quarter that ended in Mar. 2020 was 0.23.

Horizon North Logistics private Total Assets Historical Data

The historical data trend for Horizon North Logistics private's Total Assets can be seen below:

* 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.

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Horizon North Logistics private Total Assets Chart

Horizon North Logistics private Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Assets

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342.38

363.67

375.72

351.60

368.22

Horizon North Logistics private Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Total Assets	Get a 7-Day Free Trial															383.53	406.80	437.86	368.22	341.00

Horizon North Logistics private Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Horizon North Logistics private's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets	=	Total Equity (A: Dec. 2019 )	+	Total Liabilities (A: Dec. 2019 )
	=	183.586	+	184.637
	=	368.2

Horizon North Logistics private's Total Assets for the quarter that ended in Mar. 2020 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2020 )	+	Total Liabilities (Q: Mar. 2020 )
	=	156.95	+	184.047
	=	341.0

Horizon North Logistics private (OTCPK:HZNOF) Total Assets Explanation

Total Assets is connected with ROA %.

Horizon North Logistics private's annualized ROA % for the quarter that ended in Mar. 2020 is

ROA %	=	Net Income (Q: Mar. 2020 )	/	( (Total Assets (Q: Dec. 2019 )	+	Total Assets (Q: Mar. 2020 ))	/ count )
	=	-65.444	/	( (368.223	+	340.996)	/ 2 )
	=	-65.444	/	354.6095
	=	-18.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2020) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Horizon North Logistics private's Asset Turnover for the quarter that ended in Mar. 2020 is

	Asset Turnover
=	Revenue (Q: Mar. 2020 )	/	( (Total Assets (Q: Dec. 2019 )	+	Total Assets (Q: Mar. 2020 ))	/ count )
=	82.39	/	( (368.223	+	340.996)	/ 2 )
=	82.39	/	354.6095
=	0.23

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Horizon North Logistics private Total Assets Related Terms

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Horizon North Logistics private (Horizon North Logistics private) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon North Logistics Inc private (OTCPK:HZNOF) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4

Website

http://www.horizonnorth.ca

Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

Horizon North Logistics private (Horizon North Logistics private) Headlines

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