FHELF (First Helium) Current Ratio: 0.05 (As of Dec. 2025) — 88% Below Median


What is First Helium Current Ratio?

First Helium FHELF -8.89% Current Ratio is 0.05 as of Dec. 2025, which is 88% below its 10-year median of 0.43. The stock has 2 warning signs investors should review. Among 1,614 Chemicals companies, First Helium ranks worse than 99.75% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. First Helium's current ratio for the quarter that ended in Dec. 2025 was 0.05.

First Helium has a current ratio of 0.05. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If First Helium has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for First Helium's Current Ratio or its related term are showing as below:

FHELF' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.43   Max: 36.76
Current: 0.05

During the past 6 years, First Helium's highest Current Ratio was 36.76. The lowest was 0.02. And the median was 0.43.

FHELF's Current Ratio is ranked worse than
99.75% of 1614 companies
in the Chemicals industry
Industry Median: 1.89 vs FHELF: 0.05

First Helium  (OTCPK:FHELF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


First Helium Current Ratio Related Terms


First Helium Current Ratio Historical Data

* Premium members only.

The historical data trend for First Helium's Current Ratio 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.

First Helium Current Ratio Chart

First Helium Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial 3.11 2.80 0.29 0.43 0.34

First Helium Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio 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 3.07 0.34 0.11 0.05 0.05

FHELF vs DOW: Current Ratio Comparison

For the Chemicals subindustry, First Helium's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Helium Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Helium's Current Ratio distribution charts can be found below:

* The bar in red indicates where First Helium's Current Ratio falls into.



First Helium Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

First Helium's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=0.906/2.664
=0.34

First Helium's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=0.108/2.139
=0.05

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.05 mean?
First Helium (FHELF) has a Current Ratio of 0.05 as of Dec. 2025. This is 88% below median its historical median of 0.43. Over the past decade, First Helium's Current Ratio has ranged from 0.02 to 36.76. According to the industry distribution chart, First Helium ranks #1610 out of 1614 companies in the Chemicals industry, placing it in the top 99.8%.
Is First Helium's Current Ratio too high?
First Helium's current Current Ratio of 0.05 is 88% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 36.76. The Chemicals industry median Current Ratio is 1.89. First Helium's value of 0.05 is 97.4% below this industry median. Based on the distribution chart, First Helium ranks #1610 out of 1614 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Helium's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, First Helium ranks #1610 out of 1614 companies for Current Ratio. This places First Helium in the lower half of its industry. The industry median Current Ratio is 1.89. First Helium's value of 0.05 is 97.4% below this benchmark. Historically, First Helium's own Current Ratio has ranged from 0.02 to 36.76 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.89, First Helium has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,614 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Helium's current Current Ratio of 0.05 is 97.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Helium's current Current Ratio is 0.05, which is 88% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Helium stock overvalued right now?
First Helium (FHELF) has a current Current Ratio of 0.05. The current Current Ratio is 0.05, which is 88% below median its 10-year median of 0.43 and 97.4% below the Chemicals industry median of 1.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For First Helium (FHELF), the current Current Ratio is 0.05 as of Dec. 2025. 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.

First Helium Business Description

Other Exchanges 2MC:GermanyHELI:Canada
Address 800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
First Helium Inc is a Canadian company. The business is engaged in exploration, development, and production of helium across western Canada to meet growing demand in the high-tech international market. The company also produces Petroleum and natural gas as part of its operations. Its project includes the Worsley projects, such as Worsley Oil and Worsley Helium.