Total Helium Ltd (TOH) AI Stock Analysis

• Market Cap: $1.02M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: -57.89%
• EPS Growth: -4.46%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 54
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -1.51
• Shares Outstanding: 10,239,354
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -0.03
• Price to Book (P/B): 11.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.70
• 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

• 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.

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

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 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	-19.15M	-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 Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSI	77 Outperform	C$989.67M	13.92	14.68%	4.12%	12.43%	-44.90%
ROK	55 Neutral	C$39.56M	11.32	3.50%	―	-2.25%	94.72%
Sector *	52 Neutral	C$2.91B	-1.09	-3.26%	6.12%	5.32%	-43.41%
TWM	47 Neutral	C$94.87M	―	-16.97%	―	-25.69%	87.47%
TOH	27 Underperform	$1.02M	―	-234.55%	―	-57.89%	-4.46%
NGPHF		$8.36M	―	-329.25%	―	―	―
HELI	44 Neutral	C$5.35M	―	-19.36%	―	-71.68%	78.98%

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.