Helmerich & Payne Balance Sheet Health
Financial Health criteria checks 3/6
Helmerich & Payne has a total shareholder equity of $2.9B and total debt of $1.8B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are $5.8B and $2.9B respectively. Helmerich & Payne's EBIT is $457.9M making its interest coverage ratio -37.9. It has cash and short-term investments of $510.3M.
Key information
61.1%
Debt to equity ratio
US$1.78b
Debt
| Interest coverage ratio | -37.9x |
| Cash | US$510.26m |
| Equity | US$2.92b |
| Total liabilities | US$2.86b |
| Total assets | US$5.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPC's short term assets ($1.2B) exceed its short term liabilities ($446.9M).
Long Term Liabilities: HPC's short term assets ($1.2B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: HPC's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: HPC's debt to equity ratio has increased from 11.9% to 61.1% over the past 5 years.
Debt Coverage: HPC's debt is well covered by operating cash flow (38.4%).
Interest Coverage: HPC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Helmerich & Payne, Inc. is covered by 58 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Waqar Syed | ATB Capital Markets |
| James West | Barclays |