HLLXF (Hellix Ventures) Debt-to-Asset : 0.00 (As of Apr. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hellix Ventures Debt-to-Asset?

Hellix Ventures HLLXF -99.00% Debt-to-Asset is 0.00 as of Apr. 2014.

Hellix Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2014 was $0.00 Mil. Hellix Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2014 was $0.00 Mil. Hellix Ventures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2014 was $1.72 Mil. Hellix Ventures's debt to asset for the quarter that ended in Apr. 2014 was 0.00.

Hellix Ventures  (OTCPK:HLLXF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Hellix Ventures Debt-to-Asset Related Terms

Hellix Ventures Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Debt-to-Asset 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 Debt-to-Asset Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
Debt-to-Asset 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 0.00 0.00 0.00 0.00 0.00

HLLXF vs EXNT, SNECQ: Debt-to-Asset Comparison

For the Oil & Gas E&P subindustry, Hellix Ventures's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Hellix Ventures Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hellix Ventures's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hellix Ventures's Debt-to-Asset falls into.


Hellix Ventures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hellix Ventures's Debt-to-Asset for the fiscal year that ended in Jul. 2013 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 2.5
=0.00

Hellix Ventures's Debt-to-Asset for the quarter that ended in Apr. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 1.72
=0.00

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.00 mean?
Hellix Ventures (HLLXF) has a Debt-to-Asset of 0.00 as of Apr. 2014. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Hellix Ventures and its competitors.
Is Hellix Ventures' Debt-to-Asset too high?
Hellix Ventures' current Debt-to-Asset is 0.00.
How does Hellix Ventures' Debt-to-Asset compare to EXNT and SNECQ?
Hellix Ventures' Debt-to-Asset of 0.00 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 Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Hellix Ventures and its competitors. Hellix Ventures's current Debt-to-Asset is 0.00. 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 Debt-to-Asset of 0.00. The current Debt-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Debt-to-Asset is 0.00 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.