First Helium Inc Total Liabilities
First Helium Inc total liabilities. Based on the latest financial reports, First Helium Inc (HELI) has total liabilities worth CA$4.02 Million CAD (≈ $2.91 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. See First Helium Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Total Liabilities of First Helium Inc (2020–2025)
Total liabilities of First Helium Inc from 2020 to 2025. This chart illustrates how First Helium Inc's total liabilities have evolved over time, based on quarterly financial data.
First Helium Inc Competitors by Total Liabilities
The table below lists competitors of First Helium Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
TCTM Kids IT Education Inc.
NASDAQ:VSA
|
USA | $3.82 Million |
|
SINTEZA S.A.
RO:STZ
|
Romania | RON13.16 Million |
|
Ho Wah Genting Bhd
KLSE:9601
|
Malaysia | RM80.23 Million |
|
Auddia Inc
NASDAQ:AUUD
|
USA | $853.85K |
|
Ainos Inc
NASDAQ:AIMD
|
USA | $16.28 Million |
|
Belmont Resources Inc
V:BEA
|
Canada | CA$113.78K |
|
Prolexus Bhd
KLSE:8966
|
Malaysia | RM66.41 Million |
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
USA | $3.38 Million |
Liability Composition Analysis (2020–2025)
This chart breaks down First Helium Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see First Helium Inc assets under control.
Liquidity & Leverage Metrics
First Helium Inc Total Liabilities Ratios Explained
First Helium Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.05 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.35 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how First Helium Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for First Helium Inc (2020–2025)
The table below shows the annual total liabilities of First Helium Inc from 2020 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | CA$5.13 Million ≈ $3.71 Million |
+98.44% |
| 2024-03-31 | CA$2.59 Million ≈ $1.87 Million |
-7.16% |
| 2023-03-31 | CA$2.79 Million ≈ $2.01 Million |
-21.64% |
| 2022-03-31 | CA$3.55 Million ≈ $2.57 Million |
-8.54% |
| 2021-03-31 | CA$3.89 Million ≈ $2.81 Million |
+160.50% |
| 2020-03-31 | CA$1.49 Million ≈ $1.08 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.