First Capital Stock vs Total Current Assets Analysis

HELI Stock

0.04 0.01 16.67%

First Helium financial indicator trend analysis is much more than just examining First Helium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Helium is a good investment. Please check the relationship between First Helium Capital Stock and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Helium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Helium Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between First Helium's Capital Stock and Total Current Assets is 0.2. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of First Helium, assuming nothing else is changed. The correlation between historical values of First Helium's Capital Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of First Helium are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., First Helium's Capital Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from First Helium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Helium current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Helium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, First Helium's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.

	2021	2023	2024 (projected)
Interest Expense	18.9K	17.0K	16.1K
Interest Income	41.0K	294.0	279.3

Interest Expense Interest Income

First Helium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Accounts Payable	Property Plant And Equipment Gross
Total Assets		0.59	1.0	0.89	-0.46	-0.69	0.65	0.89	0.7	0.84	0.95	1.0	0.96	0.61	0.89	0.62	0.85	0.79
Total Current Liabilities	0.59		0.56	0.17	0.04	0.06	0.84	0.16	-0.08	0.07	0.81	0.62	0.56	0.99	0.17	0.99	0.11	0.0
Total Stockholder Equity	1.0	0.56		0.91	-0.46	-0.71	0.63	0.91	0.72	0.86	0.93	1.0	0.97	0.57	0.91	0.59	0.87	0.81
Property Plant And Equipment Net	0.89	0.17	0.91		-0.5	-0.85	0.33	1.0	0.89	0.99	0.7	0.87	0.88	0.2	1.0	0.22	0.98	0.97
Net Debt	-0.46	0.04	-0.46	-0.5		0.81	0.11	-0.5	-0.64	-0.5	-0.39	-0.46	-0.4	0.09	-0.51	0.07	-0.48	-0.59
Retained Earnings	-0.69	0.06	-0.71	-0.85	0.81		0.08	-0.85	-0.95	-0.86	-0.51	-0.68	-0.71	0.07	-0.85	0.05	-0.81	-0.93
Cash	0.65	0.84	0.63	0.33	0.11	0.08		0.32	-0.02	0.24	0.75	0.65	0.57	0.88	0.34	0.89	0.34	0.1
Non Current Assets Total	0.89	0.16	0.91	1.0	-0.5	-0.85	0.32		0.9	0.99	0.69	0.87	0.88	0.19	1.0	0.21	0.98	0.97
Common Stock Shares Outstanding	0.7	-0.08	0.72	0.89	-0.64	-0.95	-0.02	0.9		0.92	0.47	0.68	0.77	-0.06	0.9	-0.04	0.89	0.96
Non Current Liabilities Total	0.84	0.07	0.86	0.99	-0.5	-0.86	0.24	0.99	0.92		0.62	0.82	0.84	0.1	0.99	0.12	0.98	0.98
Total Liab	0.95	0.81	0.93	0.7	-0.39	-0.51	0.75	0.69	0.47	0.62		0.96	0.89	0.8	0.7	0.81	0.63	0.57
Net Invested Capital	1.0	0.62	1.0	0.87	-0.46	-0.68	0.65	0.87	0.68	0.82	0.96		0.97	0.63	0.87	0.65	0.82	0.77
Short Long Term Debt	0.96	0.56	0.97	0.88	-0.4	-0.71	0.57	0.88	0.77	0.84	0.89	0.97		0.59	0.89	0.6	0.85	0.81
Total Current Assets	0.61	0.99	0.57	0.2	0.09	0.07	0.88	0.19	-0.06	0.1	0.8	0.63	0.59		0.2	1.0	0.16	0.01
Capital Stock	0.89	0.17	0.91	1.0	-0.51	-0.85	0.34	1.0	0.9	0.99	0.7	0.87	0.89	0.2		0.22	0.99	0.97
Net Working Capital	0.62	0.99	0.59	0.22	0.07	0.05	0.89	0.21	-0.04	0.12	0.81	0.65	0.6	1.0	0.22		0.18	0.03
Accounts Payable	0.85	0.11	0.87	0.98	-0.48	-0.81	0.34	0.98	0.89	0.98	0.63	0.82	0.85	0.16	0.99	0.18		0.95
Property Plant And Equipment Gross	0.79	0.0	0.81	0.97	-0.59	-0.93	0.1	0.97	0.96	0.98	0.57	0.77	0.81	0.01	0.97	0.03	0.95

Click cells to compare fundamentals

First Helium Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for First Stock Analysis

When running First Helium's price analysis, check to measure First Helium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Helium is operating at the current time. Most of First Helium's value examination focuses on studying past and present price action to predict the probability of First Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Helium's price. Additionally, you may evaluate how the addition of First Helium to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Capital Stock vs Total Current Assets Analysis

Capital Stock vs Total Current Assets

Capital Stock vs Total Current Assets Correlation Analysis

Correlation Coefficient

Capital Stock

Total Current Assets

First Helium fundamental ratios Correlations

First Helium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for First Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Capital Stock	+ 1.0	Property Plant And Equipment Net
Capital Stock	+ 1.0	Non Current Assets Total

Common Stock Shares Outstanding	- 0.95	Retained Earnings
Property Plant And Equipment Gross	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.86	Retained Earnings
Capital Stock	- 0.85	Retained Earnings
Non Current Assets Total	- 0.85	Retained Earnings
Retained Earnings	- 0.85	Property Plant And Equipment Net