Total Helium Ltd (TOH) AI Stock Analysis

• Market Cap: C$1.02M
• Dividend Yield: N/A
• Average Volume (3M): 92.42K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: -57.89%
• EPS Growth: -4.46%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 44
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.15
• Shares Outstanding: 102,393,540
• 10 Day Avg. Volume: 46,523
• 30 Day Avg. Volume: 92,425
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Total Helium Ltd's overall stock score is significantly hindered by its financial instability, characterized by declining revenues, substantial net losses, and negative equity. Technical analysis indicates bearish sentiment with weak price trends and momentum indicators. Valuation metrics further detract from the score with a negative P/E ratio, suggesting a lack of profitability. However, the recent corporate rebranding and recapitalization efforts provide a glimmer of potential improvement in operational efficiency and financial stability.

Total Helium Ltd Business Overview & Revenue Model

Company Description

Total Helium Ltd. operates as a helium exploration, production, and storage solutions company. It also engages in drilling operations at the Boltz 35B and the Miller 9D wells located in the Western Kansas. The company was formerly known as Wintertide Ventures Inc. and changed its name to Total Helium Ltd. in September 2021. Total Helium Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Total Helium Ltd generates revenue primarily through the sale of extracted helium to industries that rely on this gas for their operations. The company explores and develops helium-rich properties, extracting and processing the gas to meet industry standards before selling it to end-users such as medical facilities, electronics manufacturers, and research institutions. In addition to direct sales, TOH may engage in strategic partnerships or joint ventures with other companies to enhance its production capabilities, expand market reach, and optimize its supply chain. These partnerships can play a significant role in boosting the company's earnings by leveraging combined expertise and resources.

Total Helium Ltd Financial Statement Overview

Summary

Total Helium Ltd is experiencing financial instability with declining revenue, significant net losses, and negative equity. The company faces challenges in managing cash flows, diminishing operational effectiveness, and an overall distressed financial position.

Income Statement

Total Helium Ltd's TTM revenue decreased significantly, with a gross profit margin of 37.93% and a negative net profit margin of -13328.28%. The company shows declining revenue growth and negative EBIT and EBITDA margins, indicating operational inefficiencies and financial distress.

Balance Sheet

The balance sheet reveals a negative equity position with a debt-to-equity ratio that cannot be calculated due to negative equity. The equity ratio is also negative, indicating insolvency issues. The ROE is not calculable due to negative equity, highlighting financial instability.

Cash Flow

The cash flow statement shows a negative free cash flow growth and a challenging cash position. The operating cash flow to net income ratio is positive but not sufficient to cover negative free cash flow, indicating cash flow management problems.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
306.00K	130.00K	0.00	0.00	0.00
	Gross Profit
234.00K	120.00K	0.00	0.00	0.00
	EBIT
-3.62M	12.97M	-4.21M	-46.35K	-12.00K
	EBITDA
-6.78M	-11.18M	-3.82M	241.47K	-12.00K
	Net Income Common Stockholders
-6.91M	-11.18M	-3.82M	241.47K	-12.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
85.00K	2.68M	6.71M	0.00	0.00
	Total Assets
16.57M	3.13M	15.14M	2.27K	0.00
	Total Debt
1.02M	0.00	0.00	15.00K	37.53K
	Net Debt
934.00K	-2.68M	-6.71M	15.00K	37.53K
	Total Liabilities
2.22M	199.00K	2.90M	510.12K	749.32K
	Stockholders Equity
14.35M	2.93M	12.24M	-507.85K	-749.32K
Cash Flow		Free Cash Flow
-14.97M	-3.93M	-7.69M	287.82K	0.00
	Operating Cash Flow
-1.53M	32.00K	-1.27M	287.82K	0.00
	Investing Cash Flow
-13.44M	-4.12M	-5.24M	0.00	0.00
	Financing Cash Flow
12.34M	62.00K	13.21M	0.00	0.00

Total Helium Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TOH, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.84 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TOH.

Total Helium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSI	72 Outperform	C$907.10M	12.68	14.68%	4.53%	12.43%	-44.90%
Sector *	56 Neutral	$6.93B	3.42	-4.86%	5.94%	-0.08%	-48.18%
ROK	55 Neutral	C$31.87M	41.67	-0.63%	―	-2.25%	94.72%
TWM	52 Neutral	C$120.73M	―	-8.92%	―	-25.71%	93.14%
HELI	44 Neutral	C$6.42M	―	-19.36%	―	-71.68%	78.98%
TOH	27 Underperform	C$1.02M	―	-234.55%	―	-57.89%	-4.46%

Total Helium Ltd Corporate Events

Total Helium Announces Warrant Delisting and Amendment Plans

Total Helium Ltd. announced the delisting of 25 million common share purchase warrants from the TSX Venture Exchange to facilitate an amendment to their terms. The delisting is part of a plan to consolidate the company’s share capital on a ten-for-one basis, reducing the number of warrants and adjusting their exercise price. The amendment aims to extend the warrant term by three years, with potential acceleration based on share price performance, pending exchange approval.

Spark’s Take on TSE:TOH Stock

According to Spark, TipRanks’ AI Analyst, TSE:TOH is a Underperform.

Total Helium Ltd’s overall stock score is significantly hindered by its financial instability, characterized by declining revenues, substantial net losses, and negative equity. Technical analysis indicates bearish sentiment with weak price trends and momentum indicators. Valuation metrics further detract from the score with a negative P/E ratio, suggesting a lack of profitability. However, the recent corporate rebranding and recapitalization efforts provide a glimmer of potential improvement in operational efficiency and financial stability.

To see Spark’s full report on TSE:TOH stock, click here.

Total Helium Rebrands and Recapitalizes as Altura Energy Corp

Total Helium Ltd has announced a significant corporate rebranding and recapitalization effort, including a name change to Altura Energy Corp and a ten-for-one share consolidation. This strategic move aims to streamline the company’s capital structure and enhance its market positioning. Additionally, the company is initiating a brokered private placement to raise up to $1.5 million, which will be used to repay existing debts and for general corporate purposes. The company also plans to settle outstanding debts and payables through the issuance of new shares, further solidifying its financial foundation. These actions are subject to regulatory approvals and are expected to impact the company’s operational efficiency and stakeholder value positively.

Spark’s Take on TSE:TOH Stock

According to Spark, TipRanks’ AI Analyst, TSE:TOH is a Underperform.

Total Helium Ltd’s overall stock score is significantly hindered by its financial instability, characterized by declining revenues, substantial net losses, and negative equity. Technical analysis indicates bearish sentiment with weak price trends and momentum indicators. Valuation metrics further detract from the score with a negative P/E ratio, suggesting a lack of profitability and investment appeal.

To see Spark’s full report on TSE:TOH stock, click here.