First Helium Inc Working Capital to Net Assets Ratio
First Helium Inc working capital to net assets ratio. First Helium Inc (HELI) has a Working Capital to Net Assets ratio of -21.0% as of September 2025. Working capital of CA$-2.43 Million (current assets of CA$123.57K minus current liabilities of CA$2.55 Million) is measured against net assets of CA$11.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of First Helium Inc (2020–2025)
Working capital to net assets ratio of First Helium Inc from 2020 to 2025. This chart shows how First Helium Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of September 2025, the ratio stands at -21.0%, reflecting working capital of CA$-2.43 Million against net assets of CA$11.60 Million CAD. See First Helium Inc (HELI) liquidity interval to measure how many days the company can operate on defensive assets alone.
First Helium Inc Working Capital to Net Assets Ratio by Year (2020–2025)
First Helium Inc working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for First Helium Inc from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see First Helium Inc (HELI) total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -21.9% | CA$-2.52 Million | CA$11.52 Million | CA$1.30 Million | CA$3.82 Million | ▼ -16.3 pp |
| 2024 | -5.6% | CA$-760.66K | CA$13.63 Million | CA$584.68K | CA$1.35 Million | ▲ +1.8 pp |
| 2023 | -7.4% | CA$-1.05 Million | CA$14.28 Million | CA$431.01K | CA$1.48 Million | ▼ -35.8 pp |
| 2022 | 28.4% | CA$4.76 Million | CA$16.76 Million | CA$7.41 Million | CA$2.65 Million | ▼ -38.6 pp |
| 2021 | 67.0% | CA$7.97 Million | CA$11.90 Million | CA$11.75 Million | CA$3.78 Million | ▲ +271.8 pp |
| 2020 | -204.8% | CA$-1.36 Million | CA$663.48K | CA$24.92K | CA$1.38 Million | — |