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Horizon Petroleum (TSXV:HPL) Scaled Net Operating Assets : -36.30 (As of May. 2024)


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What is Horizon Petroleum 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 Petroleum's operating assets for the quarter that ended in May. 2024 was C$0.03 Mil. Horizon Petroleum's operating liabilities for the quarter that ended in May. 2024 was C$3.33 Mil. Horizon Petroleum's Total Assets for the quarter that ended in Feb. 2024 was C$0.09 Mil. Therefore, Horizon Petroleum's scaled net operating assets (SNOA) for the quarter that ended in May. 2024 was -36.30.


Horizon Petroleum Scaled Net Operating Assets Historical Data

The historical data trend for Horizon Petroleum'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 Petroleum Scaled Net Operating Assets Chart

Horizon Petroleum Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.31 -9.93 -51.31 -53.45 -56.43

Horizon Petroleum Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.99 -6.40 -15.48 -47.55 -36.30

Competitive Comparison of Horizon Petroleum's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Horizon Petroleum'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 Petroleum's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Horizon Petroleum's Scaled Net Operating Assets distribution charts can be found below:

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



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

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(0.042-3.089)/0.054
=-56.43

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.201 - 0.159
=0.042

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.089 - 0 - 0
=3.089

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

Scaled Net Operating Assets (SNOA)(Q: May. 2024 )
=(Operating Assets (Q: May. 2024 )-Operating Liabilities (Q: May. 2024 ))/Total Assets (Q: Feb. 2024 )
=(0.028-3.331)/0.091
=-36.30

where

Operating Assets(Q: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.238 - 0.21
=0.028

Operating Liabilities(Q: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.331 - 0 - 0
=3.331

* 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 Scaled Net Operating Assets Related Terms

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Horizon Petroleum Business Description

Industry
Traded in Other Exchanges
N/A
Address
540 - 5th Avenue SW, 920, Calgary, AB, CAN, T2P 0M2
Horizon Petroleum Ltd is involved in the exploration, acquisition, and development of oil and gas properties. The current operating project of the company are Cieszyn and Bielsko-Biala properties in Poland.

Horizon Petroleum Headlines

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