Helium Evolution Inc (HEVI) - Net Assets
Based on the latest financial reports, Helium Evolution Inc (HEVI) has net assets worth CA$18.70 Million CAD (≈ $13.53 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$20.29 Million ≈ $14.68 Million USD) and total liabilities (CA$1.59 Million ≈ $1.15 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. Check HEVI capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$18.70 Million |
| % of Total Assets | 92.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.57 |
Helium Evolution Inc - Net Assets Trend (2020–2025)
This chart illustrates how Helium Evolution Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Helium Evolution Inc stock valuation.
Annual Net Assets for Helium Evolution Inc (2020–2025)
The table below shows the annual net assets of Helium Evolution Inc from 2020 to 2025. Also explore net asset growth rate of Helium Evolution Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$19.04 Million ≈ $13.77 Million |
+96.38% |
| 2024-12-31 | CA$9.70 Million ≈ $7.01 Million |
-9.96% |
| 2023-12-31 | CA$10.77 Million ≈ $7.79 Million |
-15.86% |
| 2022-12-31 | CA$12.80 Million ≈ $9.26 Million |
+12304.45% |
| 2021-12-31 | CA$-104.85K ≈ $-75.84K |
+61.91% |
| 2020-12-31 | CA$-275.25K ≈ $-199.11K |
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Equity Component Analysis
This analysis shows how different components contribute to Helium Evolution 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 1644140500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$35.89 Million | 188.49% |
| Total Equity | CA$19.04 Million | 100.00% |
Helium Evolution Inc Competitors by Market Cap
The table below lists competitors of Helium Evolution Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ropharma Bras
RO:RPH
|
$25.36 Million |
|
Advancecon Holdings Bhd
KLSE:5281
|
$25.36 Million |
|
Carelabs Co.Ltd
KQ:263700
|
$25.36 Million |
|
SDT Uzay ve Savunma Teknolojileri A.S.
IS:SDTTR
|
$25.37 Million |
|
TRF Limited
NSE:TRF
|
$25.35 Million |
|
Ktop Reit
KO:145270
|
$25.35 Million |
|
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
|
$25.34 Million |
|
Rifa Ind
KO:000760
|
$25.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Helium Evolution Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,695,000 to 19,039,000, a change of 9,344,000 (96.4%).
- Net loss of 3,729,000 reduced equity.
- New share issuances of 4,568,000 increased equity.
- Other factors increased equity by 8,505,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.73 Million | -19.59% |
| Share Issuances | CA$4.57 Million | +23.99% |
| Other Changes | CA$8.51 Million | +44.67% |
| Total Change | CA$- | 96.38% |
Book Value vs Market Value Analysis
This analysis compares Helium Evolution 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: 1.84x
- 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 |
|---|---|---|---|
| 2020-12-31 | CA$-0.01 | CA$0.22 | x |
| 2021-12-31 | CA$0.00 | CA$0.22 | x |
| 2022-12-31 | CA$0.13 | CA$0.22 | x |
| 2023-12-31 | CA$0.11 | CA$0.22 | x |
| 2024-12-31 | CA$0.10 | CA$0.22 | x |
| 2025-12-31 | CA$0.12 | CA$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Helium Evolution Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2168.02%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (-19.59%) is above the historical average (-19.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-143.35K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$180.89K |
| 2022 | -57.54% | 0.00% | 0.00x | 1.02x | CA$-8.64 Million |
| 2023 | -27.43% | 0.00% | 0.00x | 1.08x | CA$-4.03 Million |
| 2024 | -14.35% | 0.00% | 0.00x | 1.09x | CA$-2.36 Million |
| 2025 | -19.59% | -2168.02% | 0.01x | 1.09x | CA$-5.63 Million |
Industry Comparison
This section compares Helium Evolution Inc'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: $275,482,004
- Average return on equity (ROE) among peers: -22.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Helium Evolution Inc (HEVI) | CA$18.70 Million | 0.00% | 0.09x | $25.35 Million |
| Advantage Oil & Gas Ltd. (AAV) | $544.85 Million | -15.90% | 2.94x | $1.31 Billion |
| Africa Energy Corp (AFE) | $41.44 Million | -11.19% | 0.01x | $69.32 Million |
| Alvopetro Energy (ALV) | $66.14 Million | -10.76% | 0.04x | $293.40 Million |
| Africa Oil Corp (AOI) | $81.11K | 22.33% | 0.43x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-4.31 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $167.30 Million | -8.43% | 0.55x | $14.12 Billion |
| Athabasca Oil Corp (ATH) | $1.89 Billion | 12.95% | 0.35x | $4.01 Billion |
| Altai Resources Inc. (ATI) | $690.73K | -146.22% | 0.04x | $1.12 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $45.16 Million | -13.24% | 0.61x | $140.62 Million |
About Helium Evolution Inc
Helium Evolution Incorporated operates as a helium exploration and production company in southern Saskatchewan. The company is based in Calgary, Canada.