Helix Applications Inc
BLOK Digital Ltd. does not have significant operations. The company intends to identify, acquire, or combine with a new business. It was previously engaged in the digital asset brokerage business. The company was formerly known as GlobalBlock Digital Asset Trading Limited and change its name to BLOK Digital Ltd. in October 2025. BLOK Digital Ltd. is based in London, the United Kingdom.
Helix Applications Inc (BLVDF) - Net Assets
Latest net assets as of September 2025: $539.44K USD
Based on the latest financial reports, Helix Applications Inc (BLVDF) has net assets worth $539.44K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($715.14K) and total liabilities ($175.70K). 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 | $539.44K |
| % of Total Assets | 75.43% |
| Annual Growth Rate | -3.01% |
| 5-Year Change | -74.21% |
| 10-Year Change | N/A |
| Growth Volatility | 182.9 |
Helix Applications Inc - Net Assets Trend (1997–2024)
This chart illustrates how Helix Applications 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 Helix Applications Inc (1997–2024)
The table below shows the annual net assets of Helix Applications Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.12 Million | +91.68% |
| 2023-12-31 | $584.53K | -43.82% |
| 2022-12-31 | $1.04 Million | -91.97% |
| 2021-12-31 | $12.95 Million | +198.08% |
| 2020-12-31 | $4.34 Million | -10.16% |
| 2019-12-31 | $4.84 Million | -73.86% |
| 2018-12-31 | $18.50 Million | +1318.48% |
| 2017-12-31 | $-1.52 Million | +87.07% |
| 2016-12-31 | $-11.74 Million | -139.57% |
| 2015-12-31 | $-4.90 Million | -640.47% |
| 2014-12-31 | $906.76K | -43.73% |
| 2013-12-31 | $1.61 Million | -89.05% |
| 2012-12-31 | $14.71 Million | +12.86% |
| 2011-12-31 | $13.04 Million | +127.89% |
| 2010-12-31 | $5.72 Million | +47397.16% |
| 2009-12-31 | $-12.09K | -100.12% |
| 2008-12-31 | $10.02 Million | -79.77% |
| 2007-12-31 | $49.52 Million | +471.03% |
| 2006-12-31 | $8.67 Million | +162.82% |
| 2005-12-31 | $3.30 Million | -2.13% |
| 2004-12-31 | $3.37 Million | -42.29% |
| 2003-12-31 | $5.84 Million | +32.97% |
| 2002-12-31 | $4.39 Million | +15.55% |
| 2001-12-31 | $3.80 Million | +2.79% |
| 2000-12-31 | $3.70 Million | +33.62% |
| 1999-12-31 | $2.77 Million | +17.75% |
| 1998-12-31 | $2.35 Million | -8.05% |
| 1997-12-31 | $2.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Helix Applications 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 14787474400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $148.78 Million | 13279.17% |
| Other Comprehensive Income | $11.55 Million | 1030.99% |
| Total Equity | $1.12 Million | 100.00% |
Helix Applications Inc Competitors by Market Cap
The table below lists competitors of Helix Applications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UC Asset LP
OTCQB:UCASU
|
$1.33 Million |
|
Red Hawk Mining Limited
AU:RHK
|
$1.33 Million |
|
Burley Minerals Ltd
AU:BUR
|
$1.33 Million |
|
Fica Empreendimentos Imobiliarios S.A
SA:FIEI3
|
$1.33 Million |
|
Taboola.com Ltd. Warrant
NASDAQ:TBLAW
|
$1.33 Million |
|
INVO Fertility, Inc.
NASDAQ:IVF
|
$1.33 Million |
|
YUM BRANDS - Dusseldorf Stock Exchang
DU:TGR
|
$1.33 Million |
|
MEP Infrastructure Developers Limited
NSE:MEP
|
$1.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Helix Applications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 584,530 to 1,120,431, a change of 535,901 (91.7%).
- Net loss of 416,000 reduced equity.
- New share issuances of 951,500 increased equity.
- Other comprehensive income decreased equity by 1,071,925.
- Other factors increased equity by 1,072,326.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-416.00K | -37.13% |
| Share Issuances | $951.50K | +84.92% |
| Other Comprehensive Income | $-1.07 Million | -95.67% |
| Other Changes | $1.07 Million | +95.71% |
| Total Change | $- | 91.68% |
Book Value vs Market Value Analysis
This analysis compares Helix Applications 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
- Current price-to-book ratio: 5.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.02x to 5.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $4.97 | $0.07 | x |
| 1998-12-31 | $4.50 | $0.07 | x |
| 1999-12-31 | $4.68 | $0.07 | x |
| 2000-12-31 | $5.94 | $0.07 | x |
| 2001-12-31 | $5.25 | $0.07 | x |
| 2002-12-31 | $5.81 | $0.07 | x |
| 2003-12-31 | $7.33 | $0.07 | x |
| 2004-12-31 | $3.39 | $0.07 | x |
| 2005-12-31 | $3.01 | $0.07 | x |
| 2006-12-31 | $6.45 | $0.07 | x |
| 2007-12-31 | $19.59 | $0.07 | x |
| 2008-12-31 | $3.23 | $0.07 | x |
| 2009-12-31 | $0.00 | $0.07 | x |
| 2010-12-31 | $1.28 | $0.07 | x |
| 2011-12-31 | $2.19 | $0.07 | x |
| 2012-12-31 | $2.53 | $0.07 | x |
| 2013-12-31 | $0.29 | $0.07 | x |
| 2014-12-31 | $0.09 | $0.07 | x |
| 2015-12-31 | $-0.22 | $0.07 | x |
| 2016-12-31 | $-0.48 | $0.07 | x |
| 2017-12-31 | $-0.06 | $0.07 | x |
| 2018-12-31 | $0.44 | $0.07 | x |
| 2019-12-31 | $0.07 | $0.07 | x |
| 2020-12-31 | $0.08 | $0.07 | x |
| 2021-12-31 | $0.17 | $0.07 | x |
| 2022-12-31 | $0.01 | $0.07 | x |
| 2023-12-31 | $0.01 | $0.07 | x |
| 2024-12-31 | $0.01 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Helix Applications 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): -37.13%
- 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: 1.06x
- Recent ROE (-37.13%) is above the historical average (-135.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -1.56% | -3991800.00% | 0.00x | 1.01x | $-295.57K |
| 1998 | -13.49% | -31717200.00% | 0.00x | 1.06x | $-552.24K |
| 1999 | -18.01% | -49853800.00% | 0.00x | 1.08x | $-775.33K |
| 2000 | -12.50% | -23122250.00% | 0.00x | 1.02x | $-832.29K |
| 2001 | -12.41% | 0.00% | 0.00x | 1.02x | $-852.12K |
| 2002 | -7.05% | 0.00% | 0.00x | 1.02x | $-749.08K |
| 2003 | -11.44% | 0.00% | 0.00x | 1.03x | $-1.25 Million |
| 2004 | -135.37% | 0.00% | 0.00x | 1.03x | $-4.90 Million |
| 2005 | -17.34% | 0.00% | 0.00x | 1.02x | $-902.13K |
| 2006 | -16.22% | 0.00% | 0.00x | 1.02x | $-2.27 Million |
| 2007 | -13.80% | -31.93% | 0.31x | 1.40x | $-11.79 Million |
| 2008 | -479.18% | -146.84% | 1.01x | 3.25x | $-49.01 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.34 Million |
| 2010 | 46.30% | 27.96% | 0.37x | 4.52x | $2.08 Million |
| 2011 | 26.25% | 10.48% | 1.00x | 2.51x | $2.12 Million |
| 2012 | 11.61% | 4.66% | 1.16x | 2.15x | $236.32K |
| 2013 | -920.37% | -97.69% | 1.00x | 9.45x | $-14.99 Million |
| 2014 | -498.15% | 0.00% | 0.00x | 17.45x | $-4.61 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.40 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.00 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $7.59 Million |
| 2018 | -25.09% | 0.00% | 0.00x | 1.03x | $-6.49 Million |
| 2019 | -293.33% | 0.00% | 0.00x | 1.02x | $-14.67 Million |
| 2020 | -14.39% | 0.00% | 0.00x | 1.02x | $-1.06 Million |
| 2021 | -279.23% | -2452.92% | 0.03x | 3.46x | $-37.45 Million |
| 2022 | -1142.78% | -725.60% | 0.12x | 13.08x | $-11.99 Million |
| 2023 | 60.62% | 0.00% | 0.00x | 1.13x | $295.86K |
| 2024 | -37.13% | 0.00% | 0.00x | 1.06x | $-528.04K |
Industry Comparison
This section compares Helix Applications Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Helix Applications Inc (BLVDF) | $539.44K | -1.56% | 0.33x | $1.33 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |