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Horizon Copper (TSXV:HCU) Debt-to-Revenue : 26.50 (As of Mar. 2024)


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What is Horizon Copper Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Horizon Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.33 Mil. Horizon Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$248.44 Mil. Horizon Copper's annualized Revenue for the quarter that ended in Mar. 2024 was C$9.46 Mil. Horizon Copper's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 26.50.


Horizon Copper Debt-to-Revenue Historical Data

The historical data trend for Horizon Copper's Debt-to-Revenue 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 Copper Debt-to-Revenue Chart

Horizon Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
N/A - N/A 46.31

Horizon Copper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A 79.33 15.85 93.29 26.50

Competitive Comparison of Horizon Copper's Debt-to-Revenue

For the Copper subindustry, Horizon Copper's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Horizon Copper's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Horizon Copper's Debt-to-Revenue falls into.



Horizon Copper Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Horizon Copper's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.724 + 244.154) / 5.439
=46.31

Horizon Copper's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.33 + 248.438) / 9.464
=26.50

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Horizon Copper Debt-to-Revenue Related Terms

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Horizon Copper (TSXV:HCU) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6
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

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