Horizonte Minerals (LSE:HZM) Debt-to-Asset : 0.45 (As of Jun. 2023)

Horizonte Minerals Debt-to-Asset Chart

Horizonte Minerals Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Asset		Get a 7-Day Free Trial					-	0.35	0.44	0.15	0.34

Horizonte Minerals Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.36	0.37	0.34	0.45

Competitive Comparison of Horizonte Minerals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Horizonte Minerals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Horizonte Minerals's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Horizonte Minerals's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Horizonte Minerals's Debt-to-Asset falls into.

Horizonte Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Horizonte Minerals's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Horizonte Minerals's Debt-to-Asset for the quarter that ended in Jun. 2023 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.

Horizonte Minerals  (LSE:HZM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Horizonte Minerals Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Horizonte Minerals's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Horizonte Minerals (LSE:HZM) Business Description