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


What is Hellix Ventures LT-Debt-to-Total-Asset?

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

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hellix Ventures's long-term debt to total assests ratio for the quarter that ended in Apr. 2014 was 0.00.

Hellix Ventures's long-term debt to total assets ratio stayed the same from Apr. 2013 (0.00) to Apr. 2014 (0.00).

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

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hellix Ventures LT-Debt-to-Total-Asset Related Terms

Hellix Ventures LT-Debt-to-Total-Asset Historical Data

* Premium members only.

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

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
LT-Debt-to-Total-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
LT-Debt-to-Total-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

Hellix Ventures LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jul. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2013 )/Total Assets (A: Jul. 2013 )
=0/2.5
=0.00

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

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