Helix Energy Solutions Group Balance Sheet Health
Financial Health criteria checks 5/6
Helix Energy Solutions Group has a total shareholder equity of $1.6B and total debt of $314.7M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are $2.7B and $1.1B respectively. Helix Energy Solutions Group's EBIT is $122.9M making its interest coverage ratio 5.6. It has cash and short-term investments of $324.1M.
Key information
20.0%
Debt to equity ratio
US$314.67m
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$324.12m |
| Equity | US$1.57b |
| Total liabilities | US$1.09b |
| Total assets | US$2.66b |
Recent financial health updates
Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Rather Sparingly
Dec 09
Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?
Sep 05Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?
May 21Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Quite Sensibly
Jan 25Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?
Sep 08Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?
May 31Recent updates
Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Rather Sparingly
Dec 09Helix Energy Solutions: Poor Sentiment But Decent Prospects Going Into 2025, Buy
Oct 25Helix Energy Solutions Group's (NYSE:HLX) Returns On Capital Are Heading Higher
Oct 16Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?
Sep 05Helix Energy Solutions Group, Inc.'s (NYSE:HLX) Shares May Have Run Too Fast Too Soon
Aug 18Helix Energy Solutions: Raising Price Target On Very Strong 2025 Outlook, Buy
Jul 26Returns On Capital Are Showing Encouraging Signs At Helix Energy Solutions Group (NYSE:HLX)
Jul 16Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?
May 21Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 47% Undervaluation?
Apr 26Helix Energy Solutions: Strong Prospects Going Into 2025, Buy
Apr 26Helix Energy Solutions Group, Inc. (NYSE:HLX) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Apr 04Helix Energy Solutions Group (NYSE:HLX) Might Have The Makings Of A Multi-Bagger
Mar 21Helix Energy Solutions: Mediocre 2024 Outlook Provides Buying Opportunity
Feb 28Helix Energy Solutions: Growth And Valuation Don't Really Match Up Here
Jan 30Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Quite Sensibly
Jan 25With Helix Energy Solutions Group, Inc. (NYSE:HLX) It Looks Like You'll Get What You Pay For
Dec 29Helix Energy Solutions Group (NYSE:HLX) Shareholders Will Want The ROCE Trajectory To Continue
Dec 07Helix Energy Solutions: Mixed Quarter And Guidance - Buy On Weakness
Oct 30Helix Energy Solutions: Strong Prospects For 2024 And Beyond - Buy
Sep 22Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?
Sep 08Helix Energy Solutions Continues Uptrend After Strong Q2-2023 Results
Aug 18Returns At Helix Energy Solutions Group (NYSE:HLX) Are On The Way Up
Aug 18Estimating The Fair Value Of Helix Energy Solutions Group, Inc. (NYSE:HLX)
Jul 28Insight Into Helix Energy Solutions Upcoming Q2-2023 Report
Jul 17Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?
May 31Helix Energy Solutions Group (NYSE:HLX) May Have Issues Allocating Its Capital
Apr 27Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 22% Undervaluation?
Apr 02Helix Energy Solutions Group GAAP EPS of $0.02 beats by $0.01, revenue of $287.82M beats by $33.79M
Feb 21Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?
Feb 11Helix Energy Solutions - Strong Prospects For 2023 And Beyond
Jan 17Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 29% Undervaluation?
Dec 08Helix Energy Solutions Q3 2022 Earnings Preview
Oct 21Helix Energy: Contract Extension And Rate Revision Can Edge Past The Downtime Concerns
Oct 10Would Helix Energy Solutions Group (NYSE:HLX) Be Better Off With Less Debt?
Sep 22Helix Energy Solutions Q2 2022 Earnings Preview
Jul 22Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 15Helix Energy Solutions Looks To Beat The Adversities
May 17Here's Why Helix Energy Solutions Group (NYSE:HLX) Can Afford Some Debt
May 11Helix Energy Solutions Group: Attractive At Current Levels
Feb 17Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Could Be 36% Below Their Intrinsic Value Estimate
Feb 17Financial Position Analysis
Short Term Liabilities: HLX's short term assets ($693.9M) exceed its short term liabilities ($303.2M).
Long Term Liabilities: HLX's short term assets ($693.9M) do not cover its long term liabilities ($787.4M).
Debt to Equity History and Analysis
Debt Level: HLX has more cash than its total debt.
Reducing Debt: HLX's debt to equity ratio has reduced from 24.6% to 20% over the past 5 years.
Debt Coverage: HLX's debt is well covered by operating cash flow (64.4%).
Interest Coverage: HLX's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:40 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Helix Energy Solutions Group, Inc. is covered by 25 analysts. 5 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 |
|---|---|
| Chase Mulvehill | BofA Global Research |
| Gregory Lewis | BTIG |
| Luke Lemoine | Capital One Securities, Inc. |