HLLXF (Hellix Ventures) Total Assets: $1.72 Mil (As of Apr. 2014)


What is Hellix Ventures Total Assets?

Hellix Ventures HLLXF -99.00% Total Assets is $1.72 Mil as of Apr. 2014.

Hellix Ventures's Total Assets for the quarter that ended in Apr. 2014 was $1.72 Mil.

Total Assets is connected with ROA %. Hellix Ventures's annualized ROA % for the quarter that ended in Apr. 2014 was -93.44%. Total Assets is also linked to Revenue through Asset Turnover. Hellix Ventures's Asset Turnover for the quarter that ended in Apr. 2014 was 0.01.

Hellix Ventures  (OTCPK:HLLXF) Total Assets Explanation

Total Assets is connected with ROA %.

Hellix Ventures's annualized ROA % for the quarter that ended in Apr. 2014 is

ROA %=Net Income (Q: Apr. 2014 )/( (Total Assets (Q: Jan. 2014 )+Total Assets (Q: Apr. 2014 ))/ count )
=-1.836/( (2.21+1.72)/ 2 )
=-1.836/1.965
=-93.44 %

Note: The Net Income data used here is four times the quarterly (Apr. 2014) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hellix Ventures's Asset Turnover for the quarter that ended in Apr. 2014 is

Asset Turnover
=Revenue (Q: Apr. 2014 )/( (Total Assets (Q: Jan. 2014 )+Total Assets (Q: Apr. 2014 ))/ count )
=0.022/( (2.21+1.72)/ 2 )
=0.022/1.965
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hellix Ventures Total Assets Related Terms

Hellix Ventures Total Assets Historical Data

* Premium members only.

The historical data trend for Hellix Ventures's Total Assets 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 Total Assets Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 1.09 2.68 4.02 2.50

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
Total Assets 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 4.96 2.50 2.48 2.21 1.72

Hellix Ventures Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hellix Ventures's Total Assets for the fiscal year that ended in Jul. 2013 is calculated as

Total Assets=Total Equity (A: Jul. 2013 )+Total Liabilities (A: Jul. 2013 )
=2.103+0.396
=2.50

Hellix Ventures's Total Assets for the quarter that ended in Apr. 2014 is calculated as

Total Assets=Total Equity (Q: Apr. 2014 )+Total Liabilities (Q: Apr. 2014 )
=1.284+0.436
=1.72

* 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 Total Assets →
What does a Total Assets of $1.72 Mil mean?
Hellix Ventures (HLLXF) has a Total Assets of $1.72 Mil as of Apr. 2014. The total amount of assets as recorded on a company's balance sheet. View historical data on Hellix Ventures and its competitors.
Is Hellix Ventures' Total Assets too high?
Hellix Ventures' current Total Assets is $1.72 Mil.
How does Hellix Ventures' Total Assets compare to EXNT and SNECQ?
Hellix Ventures' Total Assets of $1.72 Mil 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 Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Hellix Ventures and its competitors. Hellix Ventures's current Total Assets is $1.72 Mil. 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 Total Assets of $1.72 Mil. The current Total Assets is $1.72 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Total Assets is $1.72 Mil 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.