Royal Helium Ltd
Royal Helium Ltd. engages in the exploration and development of helium in southern Saskatchewan, Canada. It focuses on helium and associated industrial gas production from helium permits and leases. The company's flagship property is the Steveville property located in southern Alberta. It holds approximately 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and… Read more
Royal Helium Ltd (RHCCF) - Total Assets
Latest total assets as of June 2024: $89.13 Million USD
Based on the latest financial reports, Royal Helium Ltd (RHCCF) holds total assets worth $89.13 Million USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Royal Helium Ltd - Total Assets Trend (2017–2023)
This chart illustrates how Royal Helium Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Royal Helium Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Royal Helium Ltd's total assets of $89.13 Million consist of 4.9% current assets and 95.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $412.22K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2023)
This chart illustrates how Royal Helium Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Royal Helium Ltd's current assets represent 4.9% of total assets in 2023, a decrease from 24.3% in 2017.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2023, down from 55.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Royal Helium Ltd Competitors by Total Assets
Key competitors of Royal Helium Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Royal Helium Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Royal Helium Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Royal Helium Ltd is currently not profitable relative to its asset base.
Royal Helium Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.25 | 0.49 | 0.24 |
| Quick Ratio | 0.12 | 0.49 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.52 Million | $ -3.86 Million | $ -238.61K |
Royal Helium Ltd - Advanced Valuation Insights
This section examines the relationship between Royal Helium Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.27 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 53.7% |
| Total Assets | $91.81 Million |
| Market Capitalization | $4.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Royal Helium Ltd's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Royal Helium Ltd's assets grew by 53.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Royal Helium Ltd (2017–2023)
The table below shows the annual total assets of Royal Helium Ltd from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $91.81 Million | +53.67% |
| 2022-12-31 | $59.75 Million | +103.01% |
| 2021-12-31 | $29.43 Million | +247.18% |
| 2020-12-31 | $8.48 Million | +287.15% |
| 2019-12-31 | $2.19 Million | -21.66% |
| 2018-12-31 | $2.80 Million | -38.05% |
| 2017-12-31 | $4.51 Million | -- |