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Horizon Copper (TSXV:HCU) Scaled Net Operating Assets : 0.25 (As of Sep. 2024)


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What is Horizon Copper Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Horizon Copper's operating assets for the quarter that ended in Sep. 2024 was C$684.54 Mil. Horizon Copper's operating liabilities for the quarter that ended in Sep. 2024 was C$508.99 Mil. Horizon Copper's Total Assets for the quarter that ended in Jun. 2024 was C$709.89 Mil. Therefore, Horizon Copper's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.25.


Horizon Copper Scaled Net Operating Assets Historical Data

The historical data trend for Horizon Copper's Scaled Net Operating 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.

* Premium members only.

Horizon Copper Scaled Net Operating Assets Chart

Horizon Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.98 0.83 7.70 0.57

Horizon Copper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.33 0.31 0.31 0.25

Competitive Comparison of Horizon Copper's Scaled Net Operating Assets

For the Copper subindustry, Horizon Copper's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Horizon Copper's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Horizon Copper's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Horizon Copper's Scaled Net Operating Assets falls into.



Horizon Copper Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Horizon Copper's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(673.455-438.866)/408.509
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=697.961 - 24.506
=673.455

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=690.744 - 244.154 - 7.724
=438.866

Horizon Copper's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(684.539-508.992)/709.886
=0.25

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=702.475 - 17.936
=684.539

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=766.192 - 250.243 - 6.957
=508.992

* 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 Copper Scaled Net Operating Assets Related Terms

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Horizon Copper Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 0S6
Horizon Copper Corp is a copper company holding non-operating interests in high-grade, low-cost copper assets. It holds a portfolio of copper assets including a 30% interest in the copper-gold Hod Maden project, and exposure to the Oyu Tolgoi copper mine through nearly 25% equity ownership.
Executives
Erfan Kazemi-esfahani Director, Senior Officer
Nolan Allan Watson Director

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