Total Helium Ltd (TOH) - Net Assets
Based on the latest financial reports, Total Helium Ltd (TOH) has net assets worth CA$-1.39 Million CAD (≈ $-1.01 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.27 Million ≈ $921.59K USD) and total liabilities (CA$2.67 Million ≈ $1.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Total Helium Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-1.39 Million |
| % of Total Assets | -109.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 232.94 |
Total Helium Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Total Helium Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TOH asset base for the complete picture of this company's asset base.
Annual Net Assets for Total Helium Ltd (2020–2024)
The table below shows the annual net assets of Total Helium Ltd from 2020 to 2024. For live valuation and market cap data, see Total Helium Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$14.35 Million ≈ $10.38 Million |
+389.79% |
| 2023-03-31 | CA$2.93 Million ≈ $2.12 Million |
-76.08% |
| 2022-03-31 | CA$12.24 Million ≈ $8.86 Million |
+2511.10% |
| 2021-03-31 | CA$-507.85K ≈ $-367.37K |
+32.23% |
| 2020-03-31 | CA$-749.32K ≈ $-542.05K |
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Equity Component Analysis
This analysis shows how different components contribute to Total 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 2166562500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$46.27 Million | 322.51% |
| Total Equity | CA$14.35 Million | 100.00% |
Total Helium Ltd Competitors by Market Cap
The table below lists competitors of Total Helium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEACN Wizardry & Magic Inc
V:BECN
|
$1.02 Million |
|
Protagenic Therapeutics
NASDAQ:PTIX
|
$1.03 Million |
|
Shield Therapeutics plc
LSE:STX
|
$1.03 Million |
|
Thiensurat Public Company Limited
BK:TSR
|
$1.03 Million |
|
AfriTin Mining Ltd
LSE:ATM
|
$1.02 Million |
|
Edri-El
TA:EDRL
|
$1.02 Million |
|
Troubadour Resources Inc
V:TR
|
$1.01 Million |
|
Brave Bison Group PLC
LSE:BBSN
|
$1.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Total Helium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,929,000 to 14,346,000, a change of 11,417,000 (389.8%).
- Net loss of 6,905,000 reduced equity.
- Other factors increased equity by 18,322,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-6.91 Million | -48.13% |
| Other Changes | CA$18.32 Million | +127.72% |
| Total Change | CA$- | 389.79% |
Book Value vs Market Value Analysis
This analysis compares Total 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: 1.57x
- 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 |
|---|---|---|---|
| 2020-03-31 | CA$-0.01 | CA$0.22 | x |
| 2021-03-31 | CA$-0.01 | CA$0.22 | x |
| 2022-03-31 | CA$0.19 | CA$0.22 | x |
| 2023-03-31 | CA$0.04 | CA$0.22 | x |
| 2024-03-31 | CA$0.14 | CA$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Total 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): -48.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2256.54%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.15x
- Recent ROE (-48.13%) is above the historical average (-92.23%), 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$62.93K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | CA$292.26K |
| 2022 | -31.18% | -17152.15% | 0.00x | 1.24x | CA$-5.04 Million |
| 2023 | -381.84% | -8603.08% | 0.04x | 1.07x | CA$-11.48 Million |
| 2024 | -48.13% | -2256.54% | 0.02x | 1.15x | CA$-8.34 Million |
Industry Comparison
This section compares Total 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: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Total Helium Ltd (TOH) | CA$-1.39 Million | 0.00% | N/A | $1.02 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.42 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About Total Helium Ltd
Total Helium Ltd. engages in the helium exploration and production and provision of storage solutions primarily in the United States. It holds 50% interest in the Pinta South project located in the Holbrook Basin of Arizona; and the Helisium Project located in the State of Kansas. The company was formerly known as Wintertide Ventures Inc. and changed its name to Total Helium Ltd. in September 202… Read more