HLXC (Helix Acquisition III) Net Current Asset Value: $0.00 (As of Dec. 2025)

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.

HLXC Helix Acquisition Corp III HLXC
8 GF Score
Price $10.52
View Full Analysis

What is Helix Acquisition III Net Current Asset Value?

Helix Acquisition III HLXC 8 Net Current Asset Value is $0.00 as of Dec. 2025. GuruFocus rates HLXC with a GF Score™ of 8/100. Among 198 Diversified Financial Services companies, Helix Acquisition III ranks worse than 505050% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Helix Acquisition III's net current asset value per share for the quarter that ended in Dec. 2025 was $0.00.

The historical rank and industry rank for Helix Acquisition III's Net Current Asset Value or its related term are showing as below:

HLXC's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.31
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Helix Acquisition III  (NAS:HLXC) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Helix Acquisition III Net Current Asset Value Related Terms


Helix Acquisition III Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Helix Acquisition III's Net Current Asset Value 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.

Helix Acquisition III Net Current Asset Value Chart

Helix Acquisition III Annual Data
Trend Dec25
Net Current Asset Value
0.00

Helix Acquisition III Semi-Annual Data
Dec25
Net Current Asset Value 0.00

HLXC vs DYOR, SUMA, BLRK: Net Current Asset Value Comparison

For the Shell Companies subindustry, Helix Acquisition III's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Helix Acquisition III Price-to-Net-Current-Asset-Value vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Helix Acquisition III's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Helix Acquisition III's Price-to-Net-Current-Asset-Value falls into.


HLXC
8GF Score
Helix Acquisition Corp III HLXC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helix Acquisition III Net Current Asset Value Calculation

Helix Acquisition III's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.054-0.334-0-0)/0
=N/A

Helix Acquisition III's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.054-0.334-0-0)/0
=N/A

* 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.

What does a Net Current Asset Value of $0.00 mean?
Helix Acquisition III (HLXC) has a Net Current Asset Value of $0.00 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Helix Acquisition III and its competitors. According to the industry distribution chart, Helix Acquisition III ranks #999999 out of 198 companies in the Diversified Financial Services industry.
Is Helix Acquisition III's Net Current Asset Value too high?
Helix Acquisition III's current Net Current Asset Value is $0.00. Based on the distribution chart, Helix Acquisition III ranks #999999 out of 198 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Helix Acquisition III has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Helix Acquisition III's Net Current Asset Value compare to DYOR and SUMA?
According to the Diversified Financial Services industry distribution chart, Helix Acquisition III ranks #999999 out of 198 companies for Net Current Asset Value. This places Helix Acquisition III in the lower half of its industry. The industry median Net Current Asset Value is 2.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Diversified Financial Services company?
The median Net Current Asset Value among Diversified Financial Services companies is 2.31, based on 198 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Helix Acquisition III and its competitors. For the Diversified Financial Services industry, the median Net Current Asset Value is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Acquisition III's current Net Current Asset Value 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 Helix Acquisition III stock overvalued right now?
Helix Acquisition III (HLXC) has a current Net Current Asset Value of $0.00. The current Net Current Asset Value is $0.00. Helix Acquisition III's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Helix Acquisition III (HLXC), the current Net Current Asset Value is $0.00 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.

Helix Acquisition III Business Description

Address C/O Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116
Helix Acquisition Corp III is a blank check company.
8GF Score

Get the complete analysis for HLXC

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.52
Price