First Helium Inc (HELI) - Total Assets
Based on the latest financial reports, First Helium Inc (HELI) holds total assets worth CA$15.62 Million CAD (≈ $11.30 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. Explore First Helium Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
First Helium Inc - Total Assets Trend (2020–2025)
This chart illustrates how First Helium Inc's total assets have evolved over time, based on quarterly financial data. See HELI net assets for net asset value and shareholders' equity analysis.
First Helium Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
First Helium Inc's total assets of CA$15.62 Million consist of 7.8% current assets and 92.2% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.0% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how First Helium Inc'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. For live market cap, price, and company overview, see First Helium Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Helium Inc's current assets represent 7.8% of total assets in 2025, an increase from 1.2% in 2020.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2025, up from 0.1% 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 goodwill at 0.0% of total assets.
First Helium Inc Competitors by Total Assets
Key competitors of First Helium Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
|
China | CN¥9.36 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
China | CN¥13.62 Billion |
|
Hubei Zhenhua Chemical Co Ltd
SHG:603067
|
China | CN¥5.21 Billion |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
China | CN¥2.28 Billion |
|
Suzhou Hesheng Special Material Co Ltd
SHE:002290
|
China | CN¥2.14 Billion |
|
Solvac S.A.
BR:SOLV
|
Belgium | €2.73 Billion |
|
REX American Resources Corporation
NYSE:REX
|
USA | $807.67 Million |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
China | CN¥3.12 Billion |
First Helium Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.19 | 3.11 |
| Quick Ratio | 0.05 | 0.19 | 3.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-2.43 Million | CA$-1.18 Million | CA$7.97 Million |
First Helium Inc - Advanced Valuation Insights
This section examines the relationship between First Helium Inc'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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 2.7% |
| Total Assets | CA$16.65 Million |
| Market Capitalization | $4.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Helium Inc's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Helium Inc's assets grew by 2.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Helium Inc (2020–2025)
The table below shows the annual total assets of First Helium Inc from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$16.65 Million ≈ $12.05 Million |
+2.66% |
| 2024-03-31 | CA$16.22 Million ≈ $11.73 Million |
-4.96% |
| 2023-03-31 | CA$17.07 Million ≈ $12.35 Million |
-15.97% |
| 2022-03-31 | CA$20.31 Million ≈ $14.69 Million |
+28.63% |
| 2021-03-31 | CA$15.79 Million ≈ $11.42 Million |
+632.61% |
| 2020-03-31 | CA$2.16 Million ≈ $1.56 Million |
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About First Helium Inc
First Helium Inc. engages in the acquisition, exploration, development, and production of helium, petroleum, and natural gas property interests in Alberta, Canada. The company holds a 100% interest in the Worsley Property project covering an area of 53000 acres located in the Worsley Trend, Northern Alberta. First Helium Inc. was incorporated in 2016 and is headquartered in Calgary, Canada.