HEEVF (Helium Evolution) Debt-to-Equity: 0.00 (As of Mar. 2026)

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HEEVF Helium Evolution Inc HEEVF
26 GF Score
Price $0.16
! 1 Warning Sign
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What is Helium Evolution Debt-to-Equity?

Helium Evolution HEEVF 26 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates HEEVF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 807 Oil & Gas companies, Helium Evolution ranks worse than 123915.61% on this metric.

Helium Evolution's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.01 Mil. Helium Evolution's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.01 Mil. Helium Evolution's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $13.63 Mil. Helium Evolution's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Helium Evolution's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Helium Evolution was 0.72. The lowest was -0.93. And the median was 0.00.

HEEVF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Helium Evolution  (OTCPK:HEEVF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Helium Evolution Debt-to-Equity Related Terms


Helium Evolution Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Helium Evolution's Debt-to-Equity 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.

Helium Evolution Debt-to-Equity Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.03 0.00 0.00 0.00 0.00

Helium Evolution Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.72 0.00 0.00

HEEVF vs COP, EOG, FANG: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Helium Evolution's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Helium Evolution Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helium Evolution's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Helium Evolution's Debt-to-Equity falls into.


HEEVF
26GF Score
Helium Evolution Inc HEEVF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Helium Evolution Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Helium Evolution's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Helium Evolution's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.00 mean?
Helium Evolution (HEEVF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Helium Evolution and its competitors. According to the industry distribution chart, Helium Evolution ranks #999999 out of 807 companies in the Oil & Gas industry.
Is Helium Evolution's Debt-to-Equity too high?
Helium Evolution's current Debt-to-Equity is 0.00. Based on the distribution chart, Helium Evolution ranks #999999 out of 807 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Helium Evolution has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Helium Evolution's Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Helium Evolution ranks #999999 out of 807 companies for Debt-to-Equity. This places Helium Evolution in the lower half of its industry. The industry median Debt-to-Equity is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 807 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Helium Evolution and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helium Evolution's current Debt-to-Equity 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 Helium Evolution stock overvalued right now?
Helium Evolution (HEEVF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Helium Evolution's overall GF Score™ is 26/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Helium Evolution (HEEVF), the current Debt-to-Equity is 0.00 as of Mar. 2026. 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.

Helium Evolution Business Description

Industry EnergyOil & Gas
Other Exchanges HEVI:Canada
Address 400, 505 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is in the early stages of exploration for and production of helium as a resource. It is a Canadian-based helium exploration company holding helium land rights position in North America, focused on developing assets in southern Saskatchewan. The company has over five million acres of land under permit near discoveries of economic helium concentrations which will support scaling the exploration and development efforts across its land base. Its projects include Mankota Development Plan, Glenbain, Fox / Hatton, and Fox / Abbey.
26GF Score

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