HLLXF (Hellix Ventures) Change In Working Capital: $-0.43 Mil (TTM As of Apr. 2014)

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What is Hellix Ventures Change In Working Capital?

Hellix Ventures HLLXF -99.00% Change In Working Capital is $-0.43 Mil as of Apr. 2014.

Hellix Ventures's change in working capital for the quarter that ended in Apr. 2014 was $-0.24 Mil.

Hellix Ventures's change in working capital for the fiscal year that ended in Jul. 2013 was $-0.70 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Hellix Ventures Change In Working Capital Related Terms

Hellix Ventures Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hellix Ventures Change In Working Capital Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.01 0.20 0.62 -0.70

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 -0.01 0.06 -0.25 -0.24

Hellix Ventures Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.43 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Change In Working Capital of $-0.43 Mil mean?
Hellix Ventures (HLLXF) has a Change In Working Capital of $-0.43 Mil as of Apr. 2014. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Hellix Ventures.
Is Hellix Ventures' Change In Working Capital too high?
Hellix Ventures' current Change In Working Capital is $-0.43 Mil.
How does Hellix Ventures' Change In Working Capital compare to EXNT and SNECQ?
Hellix Ventures' Change In Working Capital of $-0.43 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for an Oil & Gas company?
A good Change In Working Capital depends on the Oil & Gas industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Hellix Ventures. Hellix Ventures's current Change In Working Capital is $-0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellix Ventures stock overvalued right now?
Hellix Ventures (HLLXF) has a current Change In Working Capital of $-0.43 Mil. The current Change In Working Capital is $-0.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Change In Working Capital is $-0.43 Mil as of Apr. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hellix Ventures Business Description

Industry EnergyOil & Gas
Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.