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
Total Helium Ltd (TTLHF) - Total Assets
Latest total assets as of June 2024: $16.62 Million USD
Based on the latest financial reports, Total Helium Ltd (TTLHF) holds total assets worth $16.62 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.
Total Helium Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Total Helium Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Total Helium Ltd - Asset Composition Analysis
Current Asset Composition (March 2024)
Total Helium Ltd's total assets of $16.62 Million consist of 1.0% current assets and 99.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $64.00K | 0.4% |
| 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 (2020–2024)
This chart illustrates how Total 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: Total Helium Ltd's current assets represent 1.0% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Total Helium Ltd Competitors by Total Assets
Key competitors of Total Helium Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
Total 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 - Total Helium Ltd generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Total Helium Ltd is currently not profitable relative to its asset base.
Total 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 | 0.10 | 2.98 | 0.00 |
| Quick Ratio | 0.10 | 2.98 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.52 Million | $ 522.00K | $ -507.85K |
Total Helium Ltd - Advanced Valuation Insights
This section examines the relationship between Total 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 | 0.14 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 429.6% |
| Total Assets | $16.57 Million |
| Market Capitalization | $975.86K USD |
Valuation Analysis
Below Book Valuation: The market values Total Helium Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Total Helium Ltd's assets grew by 429.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Total Helium Ltd (2020–2024)
The table below shows the annual total assets of Total Helium Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $16.57 Million | +429.57% |
| 2023-03-31 | $3.13 Million | -79.34% |
| 2022-03-31 | $15.14 Million | +666992.51% |
| 2021-03-31 | $2.27K | 0.00% |
| 2020-03-31 | $2.27K | -- |