American Helium Inc
Auscan Resources Inc. does not have significant operations. Previously, it was engaged in the acquisition, exploration, and development of helium property interests in North America. The company was formerly known as American Helium Inc. and changed its name to Auscan Resources Inc. in May 2022. The company is based in Vancouver, Canada.
American Helium Inc (AHELF) - Net Assets
Latest net assets as of December 2025: $-74.73K USD
Based on the latest financial reports, American Helium Inc (AHELF) has net assets worth $-74.73K USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.73K) and total liabilities ($103.46K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-74.73K |
| % of Total Assets | -260.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 109.97 |
American Helium Inc - Net Assets Trend (1997–2025)
This chart illustrates how American Helium Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for American Helium Inc (1997–2025)
The table below shows the annual net assets of American Helium Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-232.78K | -79.30% |
| 2024-06-30 | $-129.82K | +3.54% |
| 2023-06-30 | $-134.59K | +0.99% |
| 2022-06-30 | $-135.93K | -649.81% |
| 2021-06-30 | $-18.13K | -218.99% |
| 2020-06-30 | $15.23K | -78.54% |
| 2019-06-30 | $70.98K | -93.02% |
| 2018-06-30 | $1.02 Million | +443.22% |
| 2017-06-30 | $-296.30K | -84.44% |
| 2016-06-30 | $-160.65K | +12.91% |
| 2015-06-30 | $-184.45K | -119.74% |
| 2014-06-30 | $934.27K | -4.01% |
| 2013-06-30 | $973.34K | -40.47% |
| 2012-06-30 | $1.64 Million | -6.74% |
| 2011-06-30 | $1.75 Million | -19.52% |
| 2010-06-30 | $2.18 Million | -3.56% |
| 2009-06-30 | $2.26 Million | -2.61% |
| 2008-06-30 | $2.32 Million | -16.10% |
| 2007-06-30 | $2.76 Million | +186.85% |
| 2006-06-30 | $963.75K | -10.15% |
| 2005-06-30 | $1.07 Million | +341.38% |
| 2004-06-30 | $243.00K | -70.28% |
| 2003-06-30 | $817.53K | +13.03% |
| 2002-06-30 | $723.30K | -52.49% |
| 2001-06-30 | $1.52 Million | -47.72% |
| 2000-06-30 | $2.91 Million | +94.68% |
| 1999-06-30 | $1.50 Million | +41.39% |
| 1998-06-30 | $1.06 Million | +47.70% |
| 1997-06-30 | $716.32K | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Helium Inc'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 331476400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.12 Million | % |
| Other Comprehensive Income | $640.65K | % |
| Other Components | $26.17K | % |
| Total Equity | $-232.78K | 100.00% |
American Helium Inc Competitors by Market Cap
The table below lists competitors of American Helium Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OSX Brasil S.A
SA:OSXB3
|
$348.98K |
|
Avio SpA
STU:2ZP
|
$348.99K |
|
Asep Medical Holdings Inc
PINK:SEPSF
|
$349.07K |
|
Mühlbauer Holding AG
XETRA:MUB
|
$349.35K |
|
Farmers Bancorp (Frankfort IN)
PINK:FABP
|
$348.77K |
|
HODL SPAC EUROPE AB
F:NW1
|
$348.64K |
|
GCI Liberty, Inc. Series C GCI Group Common Stock When Issued
NASDAQ:GLBKV
|
$348.60K |
|
EGF Theramed Health Corp
PINK:EVAHF
|
$348.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Helium Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -129,825 to -232,780, a change of -102,955.
- Net loss of 130,185 reduced equity.
- Other comprehensive income decreased equity by 7,350.
- Other factors increased equity by 34,580.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-130.19K | -55.93% |
| Other Comprehensive Income | $-7.35K | -3.16% |
| Other Changes | $34.58K | +14.86% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares American Helium Inc'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-06-30 | $866.17 | $0.12 | x |
| 1998-06-30 | $1015.34 | $0.12 | x |
| 1999-06-30 | $974.52 | $0.12 | x |
| 2000-06-30 | $507.96 | $0.12 | x |
| 2001-06-30 | $258.30 | $0.12 | x |
| 2002-06-30 | $122.53 | $0.12 | x |
| 2003-06-30 | $121.44 | $0.12 | x |
| 2004-06-30 | $29.18 | $0.12 | x |
| 2005-06-30 | $128.81 | $0.12 | x |
| 2006-06-30 | $83.46 | $0.12 | x |
| 2007-06-30 | $266.95 | $0.12 | x |
| 2008-06-30 | $161.01 | $0.12 | x |
| 2009-06-30 | $140.18 | $0.12 | x |
| 2010-06-30 | $151.22 | $0.12 | x |
| 2011-06-30 | $121.71 | $0.12 | x |
| 2012-06-30 | $113.51 | $0.12 | x |
| 2013-06-30 | $222.17 | $0.12 | x |
| 2014-06-30 | $36.96 | $0.12 | x |
| 2015-06-30 | $-3.75 | $0.12 | x |
| 2016-06-30 | $-3.14 | $0.12 | x |
| 2017-06-30 | $-5.79 | $0.12 | x |
| 2018-06-30 | $0.88 | $0.12 | x |
| 2019-06-30 | $0.06 | $0.12 | x |
| 2020-06-30 | $0.01 | $0.12 | x |
| 2021-06-30 | $-0.01 | $0.12 | x |
| 2022-06-30 | $-0.11 | $0.12 | x |
| 2023-06-30 | $-0.09 | $0.12 | x |
| 2024-06-30 | $-0.06 | $0.12 | x |
| 2025-06-30 | $-0.09 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Helium Inc 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-98.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -11.00% | -7880600.00% | 0.00x | 1.05x | $-150.44K |
| 1998 | -14.08% | -7450000.00% | 0.00x | 1.03x | $-254.80K |
| 1999 | -9.33% | -6976100.00% | 0.00x | 1.05x | $-289.11K |
| 2000 | -13.70% | -19950000.00% | 0.00x | 1.02x | $-690.21K |
| 2001 | -114.94% | -87495150.00% | 0.00x | 1.04x | $-1.90 Million |
| 2002 | -111.85% | 0.00% | 0.00x | 1.18x | $-881.33K |
| 2003 | 10.34% | 0.00% | 0.00x | 1.08x | $2.78K |
| 2004 | -366.60% | 0.00% | 0.00x | 1.54x | $-915.14K |
| 2005 | -13.99% | 0.00% | 0.00x | 1.04x | $-257.29K |
| 2006 | -39.11% | 0.00% | 0.00x | 1.11x | $-473.25K |
| 2007 | -5.03% | 0.00% | 0.00x | 1.05x | $-415.45K |
| 2008 | -10.61% | 0.00% | 0.00x | 1.03x | $-477.94K |
| 2009 | -5.78% | 0.00% | 0.00x | 1.01x | $-356.42K |
| 2010 | -3.70% | 0.00% | 0.00x | 1.02x | $-298.34K |
| 2011 | -24.92% | 0.00% | 0.00x | 1.01x | $-612.26K |
| 2012 | -12.02% | 0.00% | 0.00x | 1.04x | $-360.05K |
| 2013 | -22.12% | 0.00% | 0.00x | 1.06x | $-312.60K |
| 2014 | -70.90% | 0.00% | 0.00x | 1.19x | $-755.84K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.13 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $55.30K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-108.57K |
| 2018 | -306.45% | 0.00% | 0.00x | 1.16x | $-3.22 Million |
| 2019 | -1344.26% | 0.00% | 0.00x | 1.70x | $-961.25K |
| 2020 | -365.90% | 0.00% | 0.00x | 2.00x | $-57.27K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.55K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-259.46K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-156.54K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $12.90K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-106.91K |
Industry Comparison
This section compares American Helium Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Helium Inc (AHELF) | $-74.73K | -11.00% | N/A | $348.82K |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |