Helix Historical Balance Sheet

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Trend analysis of Helix BioPharma Corp balance sheet accounts such as Total Current Liabilities of 2.2 M or Property Plant And Equipment Net of 28.2 K provides information on Helix BioPharma's total assets, liabilities, and equity, which is the actual value of Helix BioPharma Corp to its prevalent stockholders. By breaking down trends over time using Helix BioPharma balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Helix BioPharma Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Helix BioPharma Corp is a good buy for the upcoming year.

Helix BioPharma Inventory

140,220

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix BioPharma Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Helix Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Helix BioPharma Corp at a specified time, usually calculated after every quarter, six months, or one year. Helix BioPharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Helix BioPharma and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Helix currently owns. An asset can also be divided into two categories, current and non-current.

Helix BioPharma Balance Sheet Chart

At this time, Helix BioPharma's Deferred Long Term Liabilities is very stable compared to the past year. As of the 27th of November 2024, Current Deferred Revenue is likely to grow to about 416.6 K, while Total Assets are likely to drop about 1.4 M.

Total Assets

Total assets refers to the total amount of Helix BioPharma assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Helix BioPharma Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Helix BioPharma balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Helix BioPharma Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Helix BioPharma's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Helix BioPharma Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Helix BioPharma Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Helix BioPharma's Deferred Long Term Liabilities is very stable compared to the past year. As of the 27th of November 2024, Current Deferred Revenue is likely to grow to about 416.6 K, while Total Assets are likely to drop about 1.4 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities344K1.4M724K569.3K
Total Assets3.7M1.0M1.5M1.4M

Helix BioPharma balance sheet Correlations

-0.07-0.490.960.76-0.950.87-0.510.990.720.990.75-0.690.030.77-0.14-0.16-0.41-0.181.00.130.950.7-0.620.810.54
-0.07-0.05-0.010.17-0.040.130.07-0.120.16-0.120.050.03-0.440.26-0.220.48-0.140.07-0.090.070.090.26-0.220.240.19
-0.49-0.05-0.7-0.430.66-0.470.75-0.48-0.4-0.48-0.290.280.4-0.230.260.350.960.23-0.48-0.23-0.65-0.120.1-0.3-0.33
0.96-0.01-0.70.76-0.980.86-0.640.940.720.940.7-0.64-0.10.71-0.16-0.21-0.64-0.210.950.180.980.64-0.580.770.55
0.760.17-0.430.76-0.730.91-0.220.650.980.650.88-0.78-0.190.84-0.33-0.19-0.43-0.340.70.180.780.58-0.50.820.71
-0.95-0.040.66-0.98-0.73-0.850.53-0.94-0.67-0.94-0.650.650.18-0.680.180.150.620.3-0.95-0.17-0.97-0.670.6-0.79-0.49
0.870.13-0.470.860.91-0.85-0.310.810.840.810.9-0.9-0.080.74-0.37-0.2-0.45-0.470.840.280.860.62-0.520.870.65
-0.510.070.75-0.64-0.220.53-0.31-0.55-0.23-0.55-0.230.1-0.14-0.23-0.050.230.66-0.26-0.53-0.1-0.61-0.160.14-0.16-0.22
0.99-0.12-0.480.940.65-0.940.81-0.550.61.00.66-0.640.070.67-0.1-0.15-0.4-0.161.00.10.930.67-0.590.750.43
0.720.16-0.40.720.98-0.670.84-0.230.60.60.85-0.71-0.190.87-0.32-0.22-0.4-0.260.650.120.730.52-0.450.740.72
0.99-0.12-0.480.940.65-0.940.81-0.551.00.60.66-0.640.070.67-0.1-0.15-0.4-0.161.00.10.930.67-0.590.750.43
0.750.05-0.290.70.88-0.650.9-0.230.660.850.66-0.870.150.73-0.3-0.2-0.25-0.370.70.470.710.54-0.450.770.82
-0.690.030.28-0.64-0.780.65-0.90.1-0.64-0.71-0.64-0.87-0.05-0.510.430.40.270.7-0.66-0.34-0.61-0.340.23-0.67-0.56
0.03-0.440.4-0.1-0.190.18-0.08-0.140.07-0.190.070.15-0.05-0.090.460.060.420.270.060.22-0.11-0.010.04-0.080.07
0.770.26-0.230.710.84-0.680.74-0.230.670.870.670.73-0.51-0.09-0.120.17-0.210.040.720.030.770.78-0.710.830.68
-0.14-0.220.26-0.16-0.330.18-0.37-0.05-0.1-0.32-0.1-0.30.430.46-0.120.410.140.39-0.11-0.1-0.15-0.010.01-0.17-0.19
-0.160.480.35-0.21-0.190.15-0.20.23-0.15-0.22-0.15-0.20.40.060.170.410.260.42-0.140.02-0.090.46-0.420.240.0
-0.41-0.140.96-0.64-0.430.62-0.450.66-0.4-0.4-0.4-0.250.270.42-0.210.140.260.3-0.4-0.23-0.61-0.120.1-0.3-0.33
-0.180.070.23-0.21-0.340.3-0.47-0.26-0.16-0.26-0.16-0.370.70.270.040.390.420.3-0.16-0.38-0.140.1-0.15-0.24-0.23
1.0-0.09-0.480.950.7-0.950.84-0.531.00.651.00.7-0.660.060.72-0.11-0.14-0.4-0.160.130.940.7-0.620.780.49
0.130.07-0.230.180.18-0.170.28-0.10.10.120.10.47-0.340.220.03-0.10.02-0.23-0.380.130.150.1-0.080.260.7
0.950.09-0.650.980.78-0.970.86-0.610.930.730.930.71-0.61-0.110.77-0.15-0.09-0.61-0.140.940.150.73-0.670.830.54
0.70.26-0.120.640.58-0.670.62-0.160.670.520.670.54-0.34-0.010.78-0.010.46-0.120.10.70.10.73-0.980.890.46
-0.62-0.220.1-0.58-0.50.6-0.520.14-0.59-0.45-0.59-0.450.230.04-0.710.01-0.420.1-0.15-0.62-0.08-0.67-0.98-0.81-0.41
0.810.24-0.30.770.82-0.790.87-0.160.750.740.750.77-0.67-0.080.83-0.170.24-0.3-0.240.780.260.830.89-0.810.63
0.540.19-0.330.550.71-0.490.65-0.220.430.720.430.82-0.560.070.68-0.190.0-0.33-0.230.490.70.540.46-0.410.63
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Helix BioPharma Account Relationship Matchups

Helix BioPharma balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.9M4.1M3.7M1.0M1.5M1.4M
Other Current Liab350K380K344K1.4M724K569.3K
Total Current Liabilities1.9M3.9M3.4M1.9M1.6M2.2M
Total Stockholder Equity2.4M(1.4M)319K(844K)(90K)(85.5K)
Property Plant And Equipment Net246K47K35K33K29.7K28.2K
Net Debt(4.1M)47K(784K)(808K)(1.1M)(1.1M)
Retained Earnings(180.5M)(188.6M)(195.1M)(201.4M)(210.7M)(221.2M)
Accounts Payable1.4M1.5M599K493K855K1.1M
Cash4.2M3.6M3.3M808K1.1M1.0M
Non Current Assets Total246K47K35K33K29.7K28.2K
Cash And Short Term Investments4.2M3.6M3.3M808K1.1M1.0M
Net Receivables180K353K280K62K54K51.3K
Common Stock Shares Outstanding25.5M27.6M29.9M38.6M44.5M46.7M
Liabilities And Stockholders Equity4.9M4.1M3.7M1.0M1.5M1.4M
Other Current Assets245K100K443K126K321K203.3K
Other Stockholder Equity25.5M27.9M37.6M48.5M52.0M31.7M
Total Liab1.9M5.5M3.4M1.9M1.6M2.4M
Property Plant And Equipment Gross246K1.8M1.8M1.8M1.8M1.9M
Total Current Assets4.7M4.0M3.7M996K1.5M1.4M
Accumulated Other Comprehensive Income20.1M19.6M10.3M4.4M5.0M2.8M
Net Tangible Assets(3.3M)2.4M(1.4M)319K287.1K272.7K
Property Plant Equipment246K47K36K33K29.7K28.2K
Non Currrent Assets Other(3.0)(1.0)0.01K900.0855.0
Common Stock137.3M139.7M147.5M152.1M158.6M131.0M
Capital Surpluse25.5M27.9M37.6M44.1M50.8M29.9M
Current Deferred Revenue38K124K301K345K396.8K416.6K
Net Invested Capital2.4M2.2M2.8M(844K)(90K)(85.5K)
Net Working Capital2.7M144K284K(878K)(123K)(129.2K)
Capital Stock137.3M139.7M147.5M152.1M158.6M155.6M

Pair Trading with Helix BioPharma

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helix BioPharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helix BioPharma will appreciate offsetting losses from the drop in the long position's value.

Moving against Helix Stock

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The ability to find closely correlated positions to Helix BioPharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helix BioPharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helix BioPharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helix BioPharma Corp to buy it.
The correlation of Helix BioPharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helix BioPharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helix BioPharma Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Helix BioPharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Helix Stock

Balance Sheet is a snapshot of the financial position of Helix BioPharma Corp at a specified time, usually calculated after every quarter, six months, or one year. Helix BioPharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Helix BioPharma and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Helix currently owns. An asset can also be divided into two categories, current and non-current.