HLLXF (Hellix Ventures) Total Liabilities: $0.44 Mil (As of Apr. 2014)


What is Hellix Ventures Total Liabilities?

Hellix Ventures HLLXF -99.00% Total Liabilities is $0.44 Mil as of Apr. 2014.

Hellix Ventures's Total Liabilities for the quarter that ended in Apr. 2014 was $0.44 Mil.

Hellix Ventures's quarterly Total Liabilities increased from Oct. 2013 ($0.46 Mil) to Jan. 2014 ($0.46 Mil) but then declined from Jan. 2014 ($0.46 Mil) to Apr. 2014 ($0.44 Mil).

Hellix Ventures's annual Total Liabilities increased from Jul. 2011 ($0.56 Mil) to Jul. 2012 ($1.13 Mil) but then declined from Jul. 2012 ($1.13 Mil) to Jul. 2013 ($0.40 Mil).

Hellix Ventures Total Liabilities Historical Data

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

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.33 0.56 1.13 0.40

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 Liabilities 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 0.46 0.40 0.46 0.46 0.44

Hellix Ventures Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.387+(0+0.009
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.40

Total Liabilities=Total Assets (A: Jul. 2013 )-Total Equity (A: Jul. 2013 )
=2.5-2.103
=0.40

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.428+(0+0.008
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.44

Total Liabilities=Total Assets (Q: Apr. 2014 )-Total Equity (Q: Apr. 2014 )
=1.72-1.284
=0.44

* 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 Liabilities →
What does a Total Liabilities of $0.44 Mil mean?
Hellix Ventures (HLLXF) has a Total Liabilities of $0.44 Mil as of Apr. 2014. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Hellix Ventures and its competitors.
Is Hellix Ventures' Total Liabilities too high?
Hellix Ventures' current Total Liabilities is $0.44 Mil.
How does Hellix Ventures' Total Liabilities compare to EXNT and SNECQ?
Hellix Ventures' Total Liabilities of $0.44 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 Liabilities for an Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Hellix Ventures and its competitors. Hellix Ventures's current Total Liabilities is $0.44 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 Liabilities of $0.44 Mil. The current Total Liabilities is $0.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current Total Liabilities is $0.44 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.