MarketCap
Facebook
X
Telegram
Helius Medical Technologies Balance Sheet 2025-2011 | HSDT
Brief overview of Helius Medical Technologies's financial position
The review uses the five latest available annual reports between 2021 and 2025.
The asset base grew from $14.1 million to $303.9 million, or +2,055.2%. Average annual growth of roughly 115.5% was strong.
Assets outpaced liabilities, +2,055.2% versus +6%. Dependence on external funding declined.
The equity ratio reached 99% from 79.8%. A high capital share reduces dependence on liabilities.
The cash share moved from 78% to 2.4%. A higher figure generally provides more room in an adverse scenario.
The balance sheet carries negative retained earnings of -$212.6 million. The figure may result from accumulated losses or an active capital return policy.
What the balance sheet shows
Helius Medical Technologies's balance sheet looks resilient: assets are supported by substantial equity, while debt does not overwhelm financial flexibility.
Annual Balance Sheet Helius Medical Technologies
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | - | -5.12 M | -14.4 M | - | -3.24 M | -4.82 M | -25.6 M | -5.56 M | -2.64 M | -419 K | -9 | - | - | - |
Long Term Debt |
- | - | 12 K | 56 K | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt Current |
- | 12 K | 45 K | 54 K | 3 K | 59 K | 172 K | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | 252 K | 710 K | - | - | 1.73 M | 1.58 M | - | - | - | - |
Total Current Liabilities |
3.02 M | 2.16 M | 1.88 M | 1.99 M | 2.65 M | 2.42 M | 3.8 M | 18 M | 14.3 M | 6.89 M | 1.2 M | - | - | - | - |
Total Liabilities |
3.02 M | 2.48 M | 5.34 M | 9.14 M | 2.85 M | 2.68 M | 4.51 M | 18 M | 14.3 M | 4.06 M | 2.78 M | - | - | - | - |
Deferred Revenue |
- | - | - | 27 K | 148 K | 281 K | 430 K | - | 233 K | - | - | - | - | - | - |
Retained Earnings |
-213 M | -172 M | -160 M | -151 M | -137 M | -119 M | -105 M | -95 M | -66.4 M | -26.3 M | -18.5 M | - | - | - | - |
Total Assets |
304 M | 3.54 M | 7.69 M | 17.3 M | 14.1 M | 6.55 M | 10.3 M | 27.8 M | 6.81 M | 4.04 M | 1.22 M | 9 | - | - | - |
Cash and Cash Equivalents |
7.28 M | 1.09 M | 5.18 M | 14.5 M | 11 M | 3.33 M | 5.46 M | 25.6 M | 5.56 M | 2.67 M | 4.35 M | 16 K | - | - | - |
Book Value |
301 M | 1.06 M | 2.35 M | 8.15 M | 11.3 M | 3.87 M | 5.84 M | 9.85 M | -7.49 M | -16.2 K | -1.56 M | 9 | - | - | - |
Total Shareholders Equity |
301 M | 1.06 M | 2.35 M | 8.15 M | 11.3 M | 3.87 M | 5.84 M | 9.85 M | -7.49 M | -3.44 M | -2.06 M | -268 K | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet Helius Medical Technologies
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | - | - | - | - | - | - | 12 K | 23 K | 35 K | 46 K | 56 K | 70 K | 83 K | 99 K | - | - | - | 16 K | 32 K | 32 K | 32 K | 32 K | 465 K | 465 K | 465 K | 465 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
- | 628 M | 1.87 M | 2.2 M | 2.48 M | 1.79 M | 2.51 M | 3.77 M | 5.34 M | 5.83 M | 6.18 M | 7.69 M | 9.14 M | 5.9 M | 2.04 M | 2.49 M | 2.85 M | 2.84 M | 2.35 M | 2.77 M | 2.68 M | 2.68 M | 2.68 M | 2.68 M | 4.51 M | 4.51 M | 4.51 M | 4.51 M | 18 M | 18 M | 18 M | 18 M | 14.3 M | 14.3 M | 14.3 M | 14.3 M | 6.89 M | 6.89 M | 6.89 M | 6.89 M | 7.31 M | 1.86 M | 3.84 M | 2.78 M | - | - | - | 584 K | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | 26 K | 28 K | 29 K | 148 K | 252 K | 290 K | 284 K | 281 K | 281 K | 281 K | 281 K | 430 K | 430 K | 430 K | 430 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
-312 M | -538 M | -185 M | -176 M | -172 M | -168 M | -164 M | -162 M | -160 M | -159 M | -155 M | -154 M | -151 M | -146 M | -145 M | -141 M | -137 M | -133 M | -128 M | -122 M | -119 M | -119 M | -119 M | -119 M | -105 M | -105 M | -105 M | -105 M | -95 M | -95 M | -95 M | -95 M | -66.4 M | -66.4 M | -66.4 M | -66.4 M | -38.3 M | -38.3 M | -38.3 M | -38.3 M | -22.5 M | -20 M | -21.8 M | -19.4 M | - | - | - | -9.59 M | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
201 M | 476 M | 7.89 M | 3.48 M | 3.54 M | 5.58 M | 8.85 M | 5.76 M | 7.69 M | 8.85 M | 10.8 M | 13.8 M | 17.3 M | 18.9 M | 6.55 M | 9.62 M | 14.1 M | 7.88 M | 10.7 M | 14.7 M | 6.55 M | 6.55 M | 6.55 M | 6.55 M | 10.3 M | 10.3 M | 10.3 M | 10.3 M | 27.8 M | 27.8 M | 27.8 M | 27.8 M | 6.81 M | 6.81 M | 6.81 M | 6.81 M | 3.45 M | 3.45 M | 3.45 M | 3.45 M | 5.26 M | 719 K | 1.43 M | 1.22 M | - | - | - | 316 K | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
4.4 M | 124 M | 6.08 M | 1.11 M | 1.09 M | 3.47 M | 6.39 M | 3.64 M | 5.18 M | 6.6 M | 8.6 M | 11.3 M | 14.5 M | 16.7 M | 3.27 M | 6.31 M | 11 M | 4.7 M | 7.42 M | 11.4 M | 3.33 M | 3.33 M | 3.33 M | 3.33 M | 5.46 M | 5.46 M | 5.46 M | 5.46 M | 25.6 M | 25.6 M | 25.6 M | 25.6 M | 5.56 M | 5.56 M | 5.56 M | 7.67 M | 2.67 M | 6.17 M | 7.97 M | 2.64 M | 4.35 M | 192 K | 972 K | 419 K | 2.91 M | 2.91 M | 5 M | 7.03 M | - | - | - | 217 | - | - | - | - | - | - | - | - |
Book Value |
201 M | -152 M | 6.03 M | 1.28 M | 1.06 M | 3.8 M | 6.34 M | 1.99 M | 2.35 M | 3.02 M | 4.57 M | 6.07 M | 8.15 M | 13 M | 4.5 M | 7.13 M | 11.3 M | 5.04 M | 8.37 M | 11.9 M | 3.87 M | 3.87 M | 3.87 M | 3.87 M | 5.84 M | 5.84 M | 5.84 M | 5.84 M | 9.85 M | 9.85 M | 9.85 M | 9.85 M | -7.49 M | -7.49 M | -7.49 M | -7.49 M | -3.44 M | -3.44 M | -3.44 M | -3.44 M | -2.06 M | -1.14 M | -2.41 M | -1.56 M | - | - | - | -268 K | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
198 M | -152 M | 6.03 M | 1.28 M | 1.06 M | 3.8 M | 6.34 M | 1.99 M | 2.35 M | 3.02 M | 4.57 M | 6.07 M | 8.15 M | 13 M | 4.5 M | 7.13 M | 11.3 M | 5.04 M | 8.37 M | 11.9 M | 3.87 M | 3.87 M | 3.87 M | 3.87 M | 5.84 M | 5.84 M | 5.84 M | 5.84 M | 9.85 M | 9.85 M | 9.85 M | 9.85 M | -7.49 M | -7.49 M | -7.49 M | -7.49 M | -3.44 M | -3.44 M | -3.44 M | -3.44 M | -2.06 M | -1.14 M | -2.41 M | -1.56 M | - | - | - | -268 K | - | - | - | -7.85 K | - | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Helius Medical Technologies, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
USA
Britain
Israel
Canada
China
