Total Helium Ltd (ALTU) AI Stock Analysis

• Market Cap: C$5.39M
• Dividend Yield: N/A
• Average Volume (3M): 91.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: -36.75%
• EPS Growth: -275.73%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.01
• Shares Outstanding: 39,955,612
• 10 Day Avg. Volume: 88,278
• 30 Day Avg. Volume: 91,906
• PEG Ratio: 0.01
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 19.49
• P/FCF Ratio: -0.40
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 27 Underperform
• Price Target: ―

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.

Positive Factors

Rebranding and Recapitalization

The rebranding and recapitalization efforts aim to streamline the company's capital structure and enhance market positioning, potentially improving operational efficiency and financial stability.

Strategic Partnerships

Strategic partnerships can leverage combined expertise and resources, boosting production capabilities and market reach, which is crucial for long-term growth and competitiveness.

Helium Market Demand

The growing global demand for helium in critical applications supports a durable market opportunity for Total Helium Ltd, which can drive long-term revenue growth.

Negative Factors

Financial Instability

Financial instability, characterized by declining revenues and negative equity, poses a risk to the company's ability to sustain operations and invest in growth initiatives.

Negative Cash Flow

Negative cash flow growth indicates difficulties in generating sufficient cash to cover expenses, which can hinder the company's ability to invest in future opportunities and manage debts.

Declining Revenue Growth

Declining revenue growth and negative profit margins highlight operational inefficiencies and financial distress, challenging the company's long-term sustainability and profitability.

Total Helium Ltd Business Overview & Revenue Model

Company Description

Altura Energy Corp. engages in the exploration, production, and provision of helium storage solutions in the United States. The company holds 50% interest in the Pinta South helium project covering an area of approximately 27,000 acres located in the Holbrook basin of Arizona. It also sells methane gas. Altura Energy Corp. 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	TTM	Dec 2023	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	145.00K	306.00K	130.00K	0.00	0.00	0.00
Gross Profit	36.00K	306.00K	120.00K	0.00	0.00	0.00
EBITDA	-19.10M	-6.78M	-11.18M	-3.82M	241.47K	-12.00K
Net Income	-19.33M	-6.91M	-11.18M	-3.82M	241.47K	-12.00K
Balance Sheet
Total Assets	1.27M	16.57M	3.13M	15.14M	2.27K	0.00
Cash, Cash Equivalents and Short-Term Investments	74.00K	85.00K	2.68M	6.71M	0.00	0.00
Total Debt	1.05M	1.02M	0.00	0.00	15.00K	37.53K
Total Liabilities	2.67M	2.22M	199.00K	2.90M	510.12K	749.32K
Stockholders Equity	-1.39M	14.35M	2.93M	12.24M	-507.85K	-749.32K
Cash Flow
Free Cash Flow	-13.29M	-14.97M	-3.93M	-7.69M	287.82K	0.00
Operating Cash Flow	151.00K	-1.53M	32.00K	-1.27M	287.82K	0.00
Investing Cash Flow	-110.00K	-13.44M	-4.12M	-5.24M	0.00	0.00
Financing Cash Flow	-148.00K	12.34M	62.00K	13.21M	0.00	0.00

Total Helium Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ALTU, the sentiment is Negative. The current price of 0.13 is above the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.24 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ALTU.

Total Helium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
QEC	48 Neutral	C$122.13M	-8.18	-10.07%	―	19.15%	43.88%
PUL	46 Neutral	C$6.23M	-1.14	-20.40%	―	-23.57%	-388.89%
CEC	41 Neutral	C$9.02M	-2.55	-43.43%	―	―	-1150.00%
GASX	40 Underperform	C$286.07M	-7.06	-79.56%	―	5.13%	61.58%
PNN	27 Underperform	C$3.34M	-0.88	―	―	―	―
ALTU	27 Underperform	C$5.39M	-0.07	-274.20%	―	-36.75%	-275.73%

Total Helium Ltd Corporate Events

Altura Energy Corp. Announces Board Changes to Advance Asset Monetization

Altura Energy Corp. has announced changes to its Board of Directors, appointing CEO Ashley Lastinger to the board. Ms. Lastinger, an experienced petroleum engineer with extensive expertise in energy exploration and production, aims to enhance the monetization of the company’s assets in Arizona. Gordon Keep has resigned from the Board but will continue to provide guidance as an Advisor, signifying ongoing strategic alignment and leadership support for the company.

Altura Energy Issues Shares for Advisory Services

Altura Energy Corp. has issued 498,060 common shares to Haywood Securities Inc. as compensation for consulting and advisory services rendered under a strategic advisory agreement. This issuance reflects Altura’s ongoing strategic partnerships and could influence its market positioning by leveraging expert advisory services.

Altura Energy Reestablishes Helium Production with Successful Well Recompletions

Altura Energy Corp. has successfully recompleted two initial wells, resulting in the re-establishment of helium flow to their onsite processing plant. The helium is being sold to an offtake partner at a contracted price, and the company is monitoring the wells for long-term production potential. The positive results from these wells have prompted Altura to evaluate additional wells for future development, aiming to understand the geology and helium flow characteristics better.

Altura Energy Initiates Recompletion of Arizona Helium Wells

Altura Energy Corp. has commenced recompletion work on the first two of its eight helium wells in northeast Arizona, with a workover rig already onsite. The company, which now holds a 100% interest in these wells, aims to evaluate and potentially rectify production issues, with the initial work expected to take 5 to 10 days per well. This strategic move could significantly impact Altura’s operational capabilities and market positioning in the helium industry.