Blue Star Helium Ltd
Blue Star Helium Limited engages in the exploration, development, and production of helium in North America. 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.
Blue Star Helium Ltd (BSNLF) - Net Assets
Latest net assets as of June 2025: $6.62 Million USD
Based on the latest financial reports, Blue Star Helium Ltd (BSNLF) has net assets worth $6.62 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.17 Million) and total liabilities ($14.56 Million). 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 | $6.62 Million |
| % of Total Assets | 31.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | 23.9% |
| 10-Year Change | N/A |
| Growth Volatility | 473.85 |
Blue Star Helium Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Blue Star Helium Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Blue Star Helium Ltd (1993–2024)
The table below shows the annual net assets of Blue Star Helium Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.43 Million | -52.44% |
| 2023-12-31 | $21.92 Million | +17.03% |
| 2022-12-31 | $18.73 Million | -14.52% |
| 2021-12-31 | $21.91 Million | +160.40% |
| 2020-12-31 | $8.41 Million | +570.16% |
| 2019-12-31 | $1.26 Million | +1001.34% |
| 2018-12-31 | $114.00K | +100.24% |
| 2017-12-31 | $-48.21 Million | -6.07% |
| 2016-12-31 | $-45.45 Million | -10.77% |
| 2015-12-31 | $-41.03 Million | -1765.18% |
| 2014-12-31 | $2.46 Million | -97.92% |
| 2013-12-31 | $118.36 Million | +51.49% |
| 2012-12-31 | $78.13 Million | -11.90% |
| 2011-12-31 | $88.69 Million | -13.64% |
| 2010-12-31 | $102.70 Million | +909.79% |
| 2009-12-31 | $10.17 Million | +304.21% |
| 2008-12-31 | $2.52 Million | +150.59% |
| 2007-12-31 | $-4.97 Million | -115.44% |
| 2004-12-31 | $32.22 Million | +0.54% |
| 2003-12-31 | $32.04 Million | -16.71% |
| 2002-12-31 | $38.47 Million | +50.13% |
| 2001-12-31 | $25.62 Million | +39.95% |
| 2000-12-31 | $18.31 Million | +7.82% |
| 1999-12-31 | $16.98 Million | +8.19% |
| 1998-12-31 | $15.69 Million | +37.81% |
| 1997-12-31 | $11.39 Million | +3.03% |
| 1996-12-31 | $11.05 Million | -18.87% |
| 1995-12-31 | $13.63 Million | +158.37% |
| 1994-12-31 | $5.27 Million | +1046.86% |
| 1993-12-31 | $-557.00K | -- |
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 2787558800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $36.11 Million | 346.37% |
| Other Comprehensive Income | $2.73 Million | 26.17% |
| Total Equity | $10.43 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 |
|---|---|
|
Momentum Metropolitan Holdings Ltd
JSE:MTM
|
$25.23 Million |
|
New Hoong Fatt Holdings Bhd
KLSE:7060
|
$25.23 Million |
|
Lumi Gruppen AS
OL:LUMI
|
$25.24 Million |
|
ChunLab Inc
KQ:311690
|
$25.25 Million |
|
Byggmästare Anders J Ahlström Holding AB (publ)
ST:AJA-B
|
$25.21 Million |
|
First Responder Technologies Inc
PINK:WPNNF
|
$25.21 Million |
|
Sanica Isi Sanayi A.S.
IS:SNICA
|
$25.19 Million |
|
Enlight Corp
TW:2438
|
$25.19 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 2023 to 2024, total equity changed from 21,919,747 to 10,425,326, a change of -11,494,421 (-52.4%).
- Net loss of 13,063,172 reduced equity.
- Share repurchases of 222,449 reduced equity.
- New share issuances of 3,000,000 increased equity.
- Other comprehensive income decreased equity by 750,074.
- Other factors decreased equity by 458,726.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-13.06 Million | -125.3% |
| Share Repurchases | $222.45K | -2.13% |
| Share Issuances | $3.00 Million | +28.78% |
| Other Comprehensive Income | $-750.07K | -7.19% |
| Other Changes | $-458.73K | -4.4% |
| Total Change | $- | -52.44% |
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: 2.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-0.21 | $0.01 | x |
| 1994-12-31 | $2.02 | $0.01 | x |
| 1995-12-31 | $3.81 | $0.01 | x |
| 1996-12-31 | $2.59 | $0.01 | x |
| 1997-12-31 | $2.71 | $0.01 | x |
| 1998-12-31 | $2.99 | $0.01 | x |
| 1999-12-31 | $2.59 | $0.01 | x |
| 2000-12-31 | $2.72 | $0.01 | x |
| 2001-12-31 | $3.45 | $0.01 | x |
| 2002-12-31 | $3.62 | $0.01 | x |
| 2003-12-31 | $3.01 | $0.01 | x |
| 2004-12-31 | $3.02 | $0.01 | x |
| 2005-12-31 | $3.57 | $0.01 | x |
| 2007-12-31 | $-0.47 | $0.01 | x |
| 2008-12-31 | $0.22 | $0.01 | x |
| 2009-12-31 | $0.75 | $0.01 | x |
| 2010-12-31 | $5.43 | $0.01 | x |
| 2011-12-31 | $4.91 | $0.01 | x |
| 2012-12-31 | $4.53 | $0.01 | x |
| 2013-12-31 | $6.91 | $0.01 | x |
| 2014-12-31 | $0.15 | $0.01 | x |
| 2015-12-31 | $-2.56 | $0.01 | x |
| 2016-12-31 | $-2.84 | $0.01 | x |
| 2017-12-31 | $-3.01 | $0.01 | x |
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $0.01 | $0.01 | x |
| 2021-12-31 | $0.02 | $0.01 | x |
| 2022-12-31 | $0.01 | $0.01 | x |
| 2023-12-31 | $0.01 | $0.01 | x |
| 2024-12-31 | $0.00 | $0.01 | 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): -125.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 2.18x
- Recent ROE (-125.30%) is below the historical average (1143.10%), suggesting potential challenges in 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 | $-539.30K |
| 1994 | -18.94% | -127.00% | 0.14x | 1.03x | $-1.53 Million |
| 1995 | -4.72% | -100.70% | 0.05x | 1.03x | $-2.01 Million |
| 1996 | -24.51% | -134.45% | 0.18x | 1.04x | $-3.81 Million |
| 1997 | -27.67% | 0.00% | 0.00x | 1.02x | $-4.29 Million |
| 1998 | -20.74% | 0.00% | 0.00x | 1.01x | $-4.83 Million |
| 1999 | -8.60% | 0.00% | 0.00x | 1.01x | $-3.16 Million |
| 2000 | -9.47% | -194.29% | 0.05x | 1.02x | $-3.56 Million |
| 2001 | -26.34% | -328.39% | 0.08x | 1.07x | $-9.31 Million |
| 2002 | 0.75% | 1.85% | 0.33x | 1.22x | $-3.56 Million |
| 2003 | -25.78% | -40.04% | 0.43x | 1.51x | $-11.46 Million |
| 2004 | 3.82% | 5.33% | 0.43x | 1.67x | $-1.99 Million |
| 2005 | 14.54% | 369.31% | 0.00x | 0.00x | $1.73 Million |
| 2007 | 0.00% | -1257.09% | 0.16x | 0.00x | $-36.89 Million |
| 2008 | 23.89% | 7.42% | 0.37x | 8.79x | $349.40K |
| 2009 | -31.41% | -94.69% | 0.13x | 2.56x | $-4.21 Million |
| 2010 | 73.40% | 1953.33% | 0.03x | 1.35x | $65.11 Million |
| 2011 | -4.21% | -41.86% | 0.07x | 1.39x | $-12.60 Million |
| 2012 | -10.15% | -29.89% | 0.18x | 1.88x | $-15.74 Million |
| 2013 | 19.38% | 2280.62% | 0.00x | 1.75x | $11.11 Million |
| 2014 | -5179.22% | -4615.41% | 0.05x | 23.20x | $-127.86 Million |
| 2015 | 0.00% | -4688.53% | 0.11x | 0.00x | $-44.14 Million |
| 2016 | 0.00% | -978.30% | 0.21x | 0.00x | $-2.13 Million |
| 2017 | 0.00% | -687.83% | 0.63x | 0.00x | $2.45 Million |
| 2018 | 40962.54% | 92931.79% | 0.08x | 5.58x | $46.69 Million |
| 2019 | -72.24% | -8403.18% | 0.01x | 1.64x | $-1.03 Million |
| 2020 | -20.09% | -29993.31% | 0.00x | 1.07x | $-2.53 Million |
| 2021 | -6.37% | -16340.24% | 0.00x | 1.04x | $-3.59 Million |
| 2022 | -32.12% | -48809.48% | 0.00x | 1.05x | $-7.89 Million |
| 2023 | -14.26% | -39041.46% | 0.00x | 1.03x | $-5.32 Million |
| 2024 | -125.30% | 0.00% | -0.01x | 2.18x | $-14.11 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: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Star Helium Ltd (BSNLF) | $6.62 Million | 0.00% | 2.20x | $25.23 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |