Helium Evolution Incorporated
Helium Evolution Incorporated operates as a helium exploration and production company in southern Saskatchewan. The company is based in Calgary, Canada.
Helium Evolution Incorporated (HEEVF) - Total Assets
Latest total assets as of September 2025: $21.95 Million USD
Based on the latest financial reports, Helium Evolution Incorporated (HEEVF) holds total assets worth $21.95 Million USD as of September 2025.
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.
Helium Evolution Incorporated - Total Assets Trend (2020–2024)
This chart illustrates how Helium Evolution Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Helium Evolution Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Helium Evolution Incorporated's total assets of $21.95 Million consist of 37.0% current assets and 63.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.1% |
| Accounts Receivable | $57.00K | 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 (2020–2024)
This chart illustrates how Helium Evolution Incorporated'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: Helium Evolution Incorporated's current assets represent 37.0% of total assets in 2024, an increase from 5.5% in 2020.
- Cash Position: Cash and equivalents constituted 36.1% of total assets in 2024, up from 0.4% 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 0.5% of total assets.
Helium Evolution Incorporated Competitors by Total Assets
Key competitors of Helium Evolution Incorporated 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 |
|
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 |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
Helium Evolution Incorporated - 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 - Helium Evolution Incorporated 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 - Helium Evolution Incorporated is currently not profitable relative to its asset base.
Helium Evolution Incorporated - 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 | 0.64 | 14.35 | 0.02 |
| Quick Ratio | 0.64 | 14.35 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.48 Million | $ 4.23 Million | $ -482.70K |
Helium Evolution Incorporated - Advanced Valuation Insights
This section examines the relationship between Helium Evolution Incorporated'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 | 1.90 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | -8.9% |
| Total Assets | $10.60 Million |
| Market Capitalization | $6.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Helium Evolution Incorporated's assets below their book value (0.63 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Helium Evolution Incorporated's assets decreased by 8.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Helium Evolution Incorporated (2020–2024)
The table below shows the annual total assets of Helium Evolution Incorporated from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.60 Million | -8.92% |
| 2023-12-31 | $11.64 Million | -10.62% |
| 2022-12-31 | $13.02 Million | +206565.61% |
| 2021-12-31 | $6.30K | -97.13% |
| 2020-12-31 | $219.60K | -- |