Horizon offshore Inc
Title: Horizon offshore Inc
Category: /Business & Economy/Accounting
Details: Words: 1973 | Pages: 7 (approximately 235 words/page)
Horizon offshore Inc
Category: /Business & Economy/Accounting
Details: Words: 1973 | Pages: 7 (approximately 235 words/page)
Horizon Offshore Inc
I General Information:
A. Company Name
<Tab/>
<Tab/>Horizon Offshore Inc
B Company's Industry
Horizon Offshore, Inc. is a leading provider of marine construction services
to the offshore oil and gas Industry.
C. Choice of this company
Just a friend of mine had recommended this company.
D. Company trade Location
Company trades at NASDAQ NM.
E. The ticker symbol of the company.
Ticker symbol
showed first 75 words of 1973 total
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showed last 75 words of 1973 total
ratio: A solvency that indicates what proportion of a company's assets is financed by debt
Debt ratio = Total liabilities / Total assets = 207894 / 393584 = .53 0r 53%
*<Tab/>Total liabilities to Net worth = A solvency ratio indicating the relationship between creditors claims to a company's assets and the owners claim to those assets
Total liabilities to net worth = total liabilities / net worth
<Tab/>83690 / 185690 = .451
The horizon has $ .451 of debt for every $1 of equity.