Blue Star Helium Ltd Net Assets
Blue Star Helium Ltd net assets. Based on the latest financial reports, Blue Star Helium Ltd (BNL) has net assets worth AU$7.91 Million AUD (≈ $5.60 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$40.63 Million ≈ $28.75 Million USD) and total liabilities (AU$32.72 Million ≈ $23.15 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Blue Star Helium Ltd (BNL) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$7.91 Million |
| % of Total Assets | 19.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | -63.88% |
| 10-Year Change | N/A |
| Growth Volatility | 447.12 |
Net Assets of Blue Star Helium Ltd (1993–2025)
Net assets of Blue Star Helium Ltd from 1993 to 2025. This chart illustrates how Blue Star Helium Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Blue Star Helium Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Blue Star Helium Ltd (1993–2025)
The table below shows the annual net assets of Blue Star Helium Ltd from 1993 to 2025. For live market cap and overall valuation, see BNL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$7.91 Million ≈ $5.60 Million |
-24.10% |
| 2024-12-31 | AU$10.43 Million ≈ $7.38 Million |
-52.44% |
| 2023-12-31 | AU$21.92 Million ≈ $15.51 Million |
+17.03% |
| 2022-12-31 | AU$18.73 Million ≈ $13.25 Million |
-14.52% |
| 2021-12-31 | AU$21.91 Million ≈ $15.50 Million |
+160.40% |
| 2020-12-31 | AU$8.41 Million ≈ $5.95 Million |
+570.16% |
| 2019-12-31 | AU$1.26 Million ≈ $888.37K |
+1001.34% |
| 2018-12-31 | AU$114.00K ≈ $80.66K |
+100.24% |
| 2017-12-31 | AU$-48.21 Million ≈ $-34.11 Million |
-6.07% |
| 2016-12-31 | AU$-45.45 Million ≈ $-32.16 Million |
-10.77% |
| 2015-12-31 | AU$-41.03 Million ≈ $-29.03 Million |
-1765.18% |
| 2014-12-31 | AU$2.46 Million ≈ $1.74 Million |
-97.92% |
| 2013-12-31 | AU$118.36 Million ≈ $83.75 Million |
+51.49% |
| 2012-12-31 | AU$78.13 Million ≈ $55.28 Million |
-11.90% |
| 2011-12-31 | AU$88.69 Million ≈ $62.75 Million |
-13.64% |
| 2010-12-31 | AU$102.70 Million ≈ $72.66 Million |
+909.79% |
| 2009-12-31 | AU$10.17 Million ≈ $7.20 Million |
+304.21% |
| 2008-12-31 | AU$2.52 Million ≈ $1.78 Million |
+150.59% |
| 2007-12-31 | AU$-4.97 Million ≈ $-3.52 Million |
-114.28% |
| 2006-12-31 | AU$34.81 Million ≈ $24.63 Million |
+26.74% |
| 2005-12-31 | AU$27.47 Million ≈ $19.44 Million |
-14.73% |
| 2004-12-31 | AU$32.22 Million ≈ $22.80 Million |
+0.54% |
| 2003-12-31 | AU$32.04 Million ≈ $22.67 Million |
-16.71% |
| 2002-12-31 | AU$38.47 Million ≈ $27.22 Million |
+50.13% |
| 2001-12-31 | AU$25.62 Million ≈ $18.13 Million |
+39.95% |
| 2000-12-31 | AU$18.31 Million ≈ $12.95 Million |
+7.82% |
| 1999-12-31 | AU$16.98 Million ≈ $12.01 Million |
+8.19% |
| 1998-12-31 | AU$15.69 Million ≈ $11.11 Million |
+37.81% |
| 1997-12-31 | AU$11.39 Million ≈ $8.06 Million |
+3.03% |
| 1996-12-31 | AU$11.05 Million ≈ $7.82 Million |
-18.87% |
| 1995-12-31 | AU$13.63 Million ≈ $9.64 Million |
+158.37% |
| 1994-12-31 | AU$5.27 Million ≈ $3.73 Million |
+1046.86% |
| 1993-12-31 | AU$-557.00K ≈ $-394.11K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Star Helium Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3626036100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Blue Star Helium Ltd Net Assets Breakdown (December 2025)
Blue Star Helium Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$44.01 Million | 556.14% |
| Other Comprehensive Income | AU$704.94K | 8.91% |
| Total Equity | AU$7.91 Million | 100.00% |
Blue Star Helium Ltd Competitors by Market Cap
The table below lists competitors of Blue Star Helium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Italy Innovazioni SpA
PA:MLITN
|
$30.78 Million |
|
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
WAR:ZRE
|
$30.79 Million |
|
Aeries Technology Inc.
NASDAQ:AERT
|
$30.79 Million |
|
Big Camera Corporation Public Company Limited
BK:BIG
|
$30.80 Million |
|
Unite Group PLC
LSE:UTG
|
$30.76 Million |
|
Landis Taipei Hotel Co Ltd
TWO:5703
|
$30.76 Million |
|
GLOBUS MARITIME DL -004
F:0G93
|
$30.74 Million |
|
Leading Edge Materials Corp
V:LEM
|
$30.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Star Helium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,425,326 to 7,912,822, a change of -2,512,504 (-24.1%).
- Net loss of 8,503,178 reduced equity.
- Share repurchases of 6,620,000 reduced equity.
- New share issuances of 6,620,000 increased equity.
- Other comprehensive income decreased equity by 2,023,362.
- Other factors increased equity by 8,014,036.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-8.50 Million | -107.46% |
| Share Repurchases | AU$6.62 Million | -83.66% |
| Share Issuances | AU$6.62 Million | +83.66% |
| Other Comprehensive Income | AU$-2.02 Million | -25.57% |
| Other Changes | AU$8.01 Million | +101.28% |
| Total Change | AU$- | -24.10% |
Book Value vs Market Value Analysis
This analysis compares Blue Star Helium Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 36.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | AU$-0.13 | AU$0.09 | x |
| 1994-12-31 | AU$2.02 | AU$0.09 | x |
| 1995-12-31 | AU$3.81 | AU$0.09 | x |
| 1996-12-31 | AU$2.59 | AU$0.09 | x |
| 1997-12-31 | AU$2.71 | AU$0.09 | x |
| 1998-12-31 | AU$2.99 | AU$0.09 | x |
| 1999-12-31 | AU$2.59 | AU$0.09 | x |
| 2000-12-31 | AU$2.72 | AU$0.09 | x |
| 2001-12-31 | AU$3.45 | AU$0.09 | x |
| 2002-12-31 | AU$3.62 | AU$0.09 | x |
| 2003-12-31 | AU$3.01 | AU$0.09 | x |
| 2004-12-31 | AU$3.02 | AU$0.09 | x |
| 2005-12-31 | AU$3.57 | AU$0.09 | x |
| 2006-12-31 | AU$3.29 | AU$0.09 | x |
| 2007-12-31 | AU$-0.47 | AU$0.09 | x |
| 2008-12-31 | AU$0.22 | AU$0.09 | x |
| 2009-12-31 | AU$0.75 | AU$0.09 | x |
| 2010-12-31 | AU$5.43 | AU$0.09 | x |
| 2011-12-31 | AU$4.91 | AU$0.09 | x |
| 2012-12-31 | AU$4.53 | AU$0.09 | x |
| 2013-12-31 | AU$6.91 | AU$0.09 | x |
| 2014-12-31 | AU$0.15 | AU$0.09 | x |
| 2015-12-31 | AU$-2.56 | AU$0.09 | x |
| 2016-12-31 | AU$-2.84 | AU$0.09 | x |
| 2017-12-31 | AU$-3.01 | AU$0.09 | x |
| 2018-12-31 | AU$0.00 | AU$0.09 | x |
| 2019-12-31 | AU$0.00 | AU$0.09 | x |
| 2020-12-31 | AU$0.01 | AU$0.09 | x |
| 2021-12-31 | AU$0.02 | AU$0.09 | x |
| 2022-12-31 | AU$0.01 | AU$0.09 | x |
| 2023-12-31 | AU$0.01 | AU$0.09 | x |
| 2024-12-31 | AU$0.00 | AU$0.09 | x |
| 2025-12-31 | AU$0.00 | AU$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Star Helium Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -107.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -171435.04%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 5.13x
- Recent ROE (-107.46%) is above the historical average (-221.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | -52.06% | 0.84x | 0.00x | AU$-539.30K |
| 1994 | -18.94% | -127.00% | 0.14x | 1.03x | AU$-1.53 Million |
| 1995 | -4.72% | -100.70% | 0.05x | 1.03x | AU$-2.01 Million |
| 1996 | -24.51% | -134.45% | 0.18x | 1.04x | AU$-3.81 Million |
| 1997 | -27.67% | 0.00% | 0.00x | 1.02x | AU$-4.29 Million |
| 1998 | -20.74% | 0.00% | 0.00x | 1.01x | AU$-4.83 Million |
| 1999 | -8.60% | -50.61% | 0.17x | 1.01x | AU$-3.16 Million |
| 2000 | -9.47% | -194.29% | 0.05x | 1.02x | AU$-3.56 Million |
| 2001 | -26.34% | -328.39% | 0.08x | 1.07x | AU$-9.31 Million |
| 2002 | 0.75% | 1.85% | 0.33x | 1.22x | AU$-3.56 Million |
| 2003 | -25.78% | -40.04% | 0.43x | 1.51x | AU$-11.46 Million |
| 2004 | 3.82% | 5.33% | 0.43x | 1.67x | AU$-1.99 Million |
| 2005 | 14.54% | 369.31% | 0.03x | 1.29x | AU$1.73 Million |
| 2006 | -16.07% | -233.32% | 0.05x | 1.35x | AU$-9.08 Million |
| 2007 | 0.00% | -1257.09% | 0.16x | 0.00x | AU$-36.89 Million |
| 2008 | 23.89% | 7.42% | 0.37x | 8.79x | AU$349.40K |
| 2009 | -31.41% | -94.69% | 0.13x | 2.56x | AU$-4.21 Million |
| 2010 | 73.40% | 1953.33% | 0.03x | 1.35x | AU$65.11 Million |
| 2011 | -4.21% | -41.86% | 0.07x | 1.39x | AU$-12.60 Million |
| 2012 | -10.15% | -29.89% | 0.18x | 1.88x | AU$-15.74 Million |
| 2013 | 19.38% | 2280.62% | 0.00x | 1.75x | AU$11.11 Million |
| 2014 | -5552.11% | -2755.92% | 0.09x | 23.20x | AU$-137.05 Million |
| 2015 | 0.00% | -1235.47% | 0.41x | 0.00x | AU$-44.14 Million |
| 2016 | 0.00% | -976.87% | 0.21x | 0.00x | AU$-2.13 Million |
| 2017 | 0.00% | -686.93% | 0.63x | 0.00x | AU$2.45 Million |
| 2018 | -1281.81% | -2908.04% | 0.08x | 5.58x | AU$-1.47 Million |
| 2019 | -72.24% | -8403.18% | 0.01x | 1.64x | AU$-1.03 Million |
| 2020 | -20.09% | -29993.31% | 0.00x | 1.07x | AU$-2.53 Million |
| 2021 | -6.37% | -16340.24% | 0.00x | 1.04x | AU$-3.59 Million |
| 2022 | -32.12% | -48809.48% | 0.00x | 1.05x | AU$-7.89 Million |
| 2023 | -14.26% | -39046.33% | 0.00x | 1.03x | AU$-5.32 Million |
| 2024 | -125.30% | -150827.53% | 0.00x | 2.18x | AU$-14.11 Million |
| 2025 | -107.46% | -171435.04% | 0.00x | 5.13x | AU$-9.29 Million |
Industry Comparison
This section compares Blue Star Helium Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $45,895,637
- Average return on equity (ROE) among peers: -9.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Star Helium Ltd (BNL) | AU$7.91 Million | 0.00% | 4.13x | $30.76 Million |
| 88 Energy Ltd (88E) | $4.94 Million | -51.84% | 0.23x | $16.95 Million |
| ADX Energy Ltd (ADX) | $11.98 Million | -2.35% | 0.01x | $7.59 Million |
| Australis Oil & Gas Ltd (ATS) | $97.38 Million | 2.91% | 0.37x | $25.03 Million |
| Bass Oil Ltd (BAS) | $3.10 Million | -19.41% | 0.62x | $15.32 Million |
| Blue Energy Ltd (BLU) | $17.86 Million | -0.21% | 0.47x | $8.52 Million |
| Beach Energy Ltd (BPT) | $47.59 Million | 6.02% | 0.23x | $1.48 Billion |
| Brookside Energy Ltd (BRK) | $95.41 Million | 2.97% | 0.34x | $23.86 Million |
| Buru Energy Ltd (BRU) | $131.39 Million | -11.40% | 0.43x | $9.93 Million |
| Beetaloo Energy Australia Limited (BTL) | $3.40 Million | -15.94% | 1.42x | $229.29 Million |
About Blue Star Helium Ltd
Blue Star Helium Limited engages in the exploration, development, and production of helium in North America. It also produces oil and gas. The company was formerly known as Big Star Energy Limited and changed its name to Blue Star Helium Limited in April 2020. Blue Star Helium Limited was incorporated in 1987 and is headquartered in Subiaco, Australia.