HLLXF (Hellix Ventures) Net Cash per Share: $0.01 (As of Apr. 2014)

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What is Hellix Ventures Net Cash per Share?

Hellix Ventures HLLXF -99.00% Net Cash per Share is $0.01 as of Apr. 2014.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Hellix Ventures's Net Cash per Share for the quarter that ended in Apr. 2014 was $0.01.

The historical rank and industry rank for Hellix Ventures's Net Cash per Share or its related term are showing as below:

HLLXF's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Hellix Ventures  (OTCPK:HLLXF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Hellix Ventures Net Cash per Share Related Terms


Hellix Ventures Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Net Cash per Share 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 Net Cash per Share Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.00 0.02 0.07 0.04

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
Net Cash per Share 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 0.04 0.04 0.04 0.03 0.01

HLLXF vs EXNT, SNECQ: Net Cash per Share Comparison

For the Oil & Gas E&P subindustry, Hellix Ventures's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Oil & Gas Industry

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

* The bar in red indicates where Hellix Ventures's Price-to-Net-Cash falls into.



Hellix Ventures Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Hellix Ventures's Net Cash per Share for the fiscal year that ended in Jul. 2013 is calculated as

Net Cash per Share (A: Jul. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.366-0.396-0)/46.543
=0.04

Hellix Ventures's Net Cash per Share for the quarter that ended in Apr. 2014 is calculated as

Net Cash per Share (Q: Apr. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.109-0.436-0)/46.543
=0.01

* 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 Net Cash per Share →
What does a Net Cash per Share of $0.01 mean?
Hellix Ventures (HLLXF) has a Net Cash per Share of $0.01 as of Apr. 2014. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Hellix Ventures and its competitors.
Is Hellix Ventures' Net Cash per Share too high?
Hellix Ventures' current Net Cash per Share is $0.01. The Oil & Gas industry median Net Cash per Share is 5.60. Hellix Ventures' value of $0.01 is 99.8% below this industry median.
How does Hellix Ventures' Net Cash per Share compare to EXNT and SNECQ?
Hellix Ventures' Net Cash per Share of $0.01 can be compared against companies in the Oil & Gas industry. The industry median Net Cash per Share is 5.60. Hellix Ventures' value of $0.01 is 99.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 5.60, based on 125 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hellix Ventures's current Net Cash per Share of $0.01 is 99.8% 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Hellix Ventures and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hellix Ventures's current Net Cash per Share is $0.01. 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 Net Cash per Share of $0.01. The current Net Cash per Share is $0.01 and 99.8% below the Oil & Gas industry median of 5.60. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Net Cash per Share is $0.01 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.