Helium One Global (LSE:HE1) Total Assets : £36.57 Mil (As of Dec. 2023)

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What is Helium One Global Total Assets?

Helium One Global's Total Assets for the quarter that ended in Dec. 2023 was £36.57 Mil.

During the past 12 months, Helium One Global's average Total Assets Growth Rate was 136.90% per year. During the past 3 years, the average Total Assets Growth Rate was 34.90% per year. During the past 5 years, the average Total Assets Growth Rate was 25.10% per year.

During the past 6 years, Helium One Global's highest 3-Year average Total Assets Growth Rate was 34.90%. The lowest was 22.80%. And the median was 23.10%.

Total Assets is connected with ROA %. Helium One Global's annualized ROA % for the quarter that ended in Dec. 2023 was -5.57%. Total Assets is also linked to Revenue through Asset Turnover. Helium One Global's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Helium One Global Total Assets Historical Data

The historical data trend for Helium One Global'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.

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Helium One Global Total Assets Chart

Helium One Global Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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6.33

6.77

21.21

15.14

23.81

Helium One Global Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial						22.17	15.14	23.79	23.81	36.57

Helium One Global 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.

Helium One Global's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	21.546	+	2.263
	=	23.81

Helium One Global's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	33.019	+	3.551
	=	36.57

Helium One Global (LSE:HE1) Total Assets Explanation

Total Assets is connected with ROA %.

Helium One Global's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.682	/	( (23.809	+	36.57)	/ 2 )
	=	-1.682	/	30.1895
	=	-5.57 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Helium One Global's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.001	/	( (23.809	+	36.57)	/ 2 )
=	0.001	/	30.1895
=	0.00

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.

Helium One Global Total Assets Related Terms

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Helium One Global (LSE:HE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Helium One Global Ltd (LSE:HE1) » Definitions » Total Assets

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Traded in Other Exchanges

HLOGF:USA 9K3:Germany

Address

Wickhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG1110

Website

https://www.helium-one.com

Helium One Global Ltd is a Helium exploration company. It is predominantly involved in helium exploration and holds three distinct project areas within the Company's portfolio in Tanzania: the Rukwa, Eyasi, and Balangida Projects. The company has two key geographical segments, being the British Virgin Islands which derives the majority of the revenue and Tanzania.

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