Horizon Oil Limited

Horizon Oil Limitedverified

HZNFF

Price:

$0.13

Market Cap:

$211.29M

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and the PMP 38160 Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons. The company was incorporated in 1969 and is based in Sydney, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2008-06-23

Stock Exchange

PNK

Ticker

HZNFF

The Current Ratio as of September 2024 (TTM) for Horizon Oil Limited (HZNFF) is 2.32

According to Horizon Oil Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.32. This represents a change of -9.93% compared to the average of 2.57 of the last 4 quarters.

Horizon Oil Limited (HZNFF) Historical Current Ratio (quarterly & annually)

How has HZNFF Current Ratio performed in the past?

The mean historical Current Ratio of Horizon Oil Limited over the last ten years is 1.46. The current 2.32 Current Ratio has changed 15.77% with respect to the historical average. Over the past ten years (40 quarters), HZNFF's Current Ratio was at its highest in in the September 2023 quarter at 3.05. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.46

Median

1.60

Minimum

0.33

Maximum

2.34

Horizon Oil Limited (HZNFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Horizon Oil Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 255.10%

Maximum Annual Current Ratio = 2.34

Minimum Annual Increase = -60.39%

Minimum Annual Current Ratio = 0.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.32-1.18%
20232.3425.06%
20221.87-16.38%
20212.2435.36%
20201.667.12%
20191.55255.10%
20180.44-60.39%
20171.10230.35%
20160.33-55.71%
20150.75-38.17%

Horizon Oil Limited (HZNFF) Average Current Ratio

How has HZNFF Current Ratio performed in the past?

The current Current Ratio of Horizon Oil Limited (HZNFF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.18

5-year avg

2.09

10-year avg

1.46

Horizon Oil Limited (HZNFF) Current Ratio vs. Peers

How is HZNFF’s Current Ratio compared to its peers?

Horizon Oil Limited’s Current Ratio is less than DNO ASA (3.98), greater than Lucero Energy Corp. (1.89), less than Enwell Energy plc (11.55), greater than Tullow Oil plc (0.70), less than San Leon Energy plc (23.41), less than Questerre Energy Corporation (2.89), greater than i3 Energy Plc (1.11), less than Hurricane Energy plc (0), greater than Africa Energy Corp. (0.24), greater than Saturn Oil & Gas Inc. (0.71),

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