Global Helium Corp
Global Helium Corp., an early-stage company, acquires, explores for, develops, and produces helium resources in Canada and United States. The company was formerly known as First Helium Corp. and changed its name to Global Helium Corp. in December 2020. Global Helium Corp. was founded in 2019 and is headquartered in Calgary, Canada. As of October 31, 2025, Global Helium Corp. operates as a subsidi… Read more
Global Helium Corp (HECOF) - Net Assets
Latest net assets as of June 2025: $-1.30 Million USD
Based on the latest financial reports, Global Helium Corp (HECOF) has net assets worth $-1.30 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 ($4.42 Million) and total liabilities ($5.71 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 | $-1.30 Million |
| % of Total Assets | -29.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.34 |
Global Helium Corp - Net Assets Trend (2019–2024)
This chart illustrates how Global Helium Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Helium Corp (2019–2024)
The table below shows the annual net assets of Global Helium Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-458.03K | -117.43% |
| 2023-12-31 | $2.63 Million | -62.79% |
| 2022-12-31 | $7.06 Million | -29.27% |
| 2021-12-31 | $9.98 Million | +1159.16% |
| 2020-12-31 | $-942.56K | -262.39% |
| 2019-12-31 | $-260.09K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Helium Corp'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 1719820900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.43 Million | % |
| Other Comprehensive Income | $244.73K | % |
| Other Components | $5.32 Million | % |
| Total Equity | $-458.03K | 100.00% |
Global Helium Corp Competitors by Market Cap
The table below lists competitors of Global Helium Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LONGHORN PUBLISHERS LTD
XNAI:LKL
|
$238.33 |
|
URANEX
BE:U1P
|
$238.40 |
|
St. Davids Capital Inc.
V:SDCI-P
|
$239.48 |
|
Nok Airlines PCL
STU:N5A
|
$239.68 |
|
Underwood Capital Limited
F:2P9
|
$237.46 |
|
Great Wall Pan Asia Holdings Limited
F:MPY
|
$237.32 |
|
Telecard Ltd
KAR:TELE
|
$237.26 |
|
Light Media Holdings Inc
PINK:LGMH
|
$236.42 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Helium Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,627,796 to -458,034, a change of -3,085,830 (-117.4%).
- Net loss of 3,621,746 reduced equity.
- Other comprehensive income increased equity by 146,096.
- Other factors increased equity by 389,820.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.62 Million | -790.72% |
| Other Comprehensive Income | $146.10K | +31.9% |
| Other Changes | $389.82K | +85.11% |
| Total Change | $- | -117.43% |
Book Value vs Market Value Analysis
This analysis compares Global Helium Corp'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 |
|---|---|---|---|
| 2019-12-31 | $-0.01 | $0.03 | x |
| 2020-12-31 | $-0.03 | $0.03 | x |
| 2021-12-31 | $0.23 | $0.03 | x |
| 2022-12-31 | $0.16 | $0.03 | x |
| 2023-12-31 | $0.06 | $0.03 | x |
| 2024-12-31 | $-0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Helium Corp 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 (-47.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-234.18K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-588.21K |
| 2021 | -34.14% | 0.00% | 0.00x | 1.04x | $-4.41 Million |
| 2022 | -66.63% | 0.00% | 0.00x | 1.02x | $-5.41 Million |
| 2023 | -181.94% | 0.00% | 0.00x | 3.59x | $-5.04 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.58 Million |
Industry Comparison
This section compares Global Helium Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Helium Corp (HECOF) | $-1.30 Million | 0.00% | N/A | $238.32 |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |