Helix Energy Financials

HLX Stock  USD 10.80  0.02  0.18%   
Based on the key measurements obtained from Helix Energy's financial statements, Helix Energy Solutions may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Helix Energy's Short and Long Term Debt Total is fairly stable compared to the past year. Retained Earnings is likely to rise to about 395.1 M in 2024, whereas Total Assets are likely to drop slightly above 2.4 B in 2024. Key indicators impacting Helix Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.270.2827
Sufficiently Down
Slightly volatile
Current Ratio1.581.5555
Fairly Up
Slightly volatile
The financial analysis of Helix Energy is a critical element in measuring its lifeblood. Investors should not minimize Helix Energy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

210.58 Million

  
Understanding current and past Helix Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Helix Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Helix Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Helix Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Helix Energy Solutions. Check Helix Energy's Beneish M Score to see the likelihood of Helix Energy's management manipulating its earnings.

Helix Energy Stock Summary

Helix Energy competes with Oceaneering International, Newpark Resources, RPC, Oil States, and TechnipFMC PLC. Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas. Helix Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1327 people.
Foreign Associate
  Australia
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS42330P1075
CUSIP42330P107 127914109
LocationTexas; U.S.A
Business Address3505 West Sam
SectorEnergy Equipment & Services
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.helixesg.com
Phone281 618 0400
CurrencyUSD - US Dollar

Helix Energy Key Financial Ratios

Helix Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.5B2.3B2.4B2.6B2.4B
Other Current Liab50.8M27.3M27.7M(16.9M)138.5M88.2M
Net Debt403.0M210.9M157.4M283.1M208.4M198.0M
Retained Earnings445.4M464.5M411.1M323.3M312.5M395.1M
Accounts Payable69.1M50.0M88.0M135.3M134.6M107.4M
Cash208.4M291.3M253.5M186.6M332.2M240.3M
Net Receivables125.5M185.2M174.7M219.1M286.3M187.4M
Other Current Assets50.5M49.1M101.3M54.9M79.4M48.5M
Total Liab897.1M757.8M678.6M872.6M1.1B1.2B
Total Current Assets438.5M525.6M529.5M460.6M697.8M501.0M
Intangible Assets3.8M3.8M3.5M4.5M4.1M3.9M
Common Stock1.3B1.3B1.3B1.3B1.3B880.3M
Other Liab150.8M114.7M87.9M194.1M223.2M150.2M
Other Assets73.5M40.0M34.7M60.0M69.0M108.3M
Long Term Debt306.1M258.9M262.1M225.9M313.4M519.8M
Short Term Debt153.5M193.8M154.4M140.0M173.6M182.3M
Inventory54.1M1.073.6M2.5M2.9M2.7M
Net Tangible Assets1.7B1.7B1.6B1.5B1.7B1.6B
Long Term Debt Total306.1M258.9M262.1M225.9M203.3M193.1M

Helix Energy Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense8.3M28.5M23.2M19.0M21.4M25.7M
Total Revenue751.9M733.6M674.7M873.1M1.3B850.5M
Gross Profit137.8M79.9M15.4M50.6M200.4M167.1M
Operating Income(38.8M)(107.2M)(48.1M)(26.1M)105.9M111.2M
Ebit(38.8M)30.7M(47.2M)(55.0M)28.9M30.3M
Ebitda73.9M164.5M94.4M87.7M193.0M113.5M
Cost Of Revenue614.1M653.6M659.3M822.5M1.1B683.5M
Income Before Tax65.6M1.4M(70.6M)(75.2M)7.5M7.1M
Net Income57.9M22.2M(61.7M)(87.8M)(10.8M)(10.3M)
Income Tax Expense7.9M(18.7M)(9.0M)12.6M18.4M20.3M
Tax Provision7.9M(18.7M)(9.0M)12.6M12.2M12.8M
Interest Income2.6M825K288K10.7M2.6M2.4M
Net Interest Income(8.3M)(28.5M)(23.2M)(19.0M)(16.9M)(17.7M)

Helix Energy Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Helix Energy Solutions. It measures of how well Helix is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Helix Energy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Helix had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Helix Energy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(16.9M)28.8M35.8M(138.0M)143.1M150.2M
Free Cash Flow28.8M78.6M131.8M17.6M132.9M139.5M
Depreciation112.7M133.7M141.5M142.7M164.1M130.0M
Capital Expenditures140.9M20.2M8.3M33.5M19.6M18.6M
Net Income57.7M20.1M(61.7M)(87.8M)(10.8M)(10.3M)
End Period Cash Flow262.6M291.3M327.1M189.1M332.2M263.8M
Other Non Cash Items5.1M3.2M6.2M31.7M90.0M90.8M
Change To Inventory20.9M(10.8M)(46.6M)(1.0)(0.9)(0.94)
Change To Netincome10.2M(2.2M)(4.5M)41.2M37.1M36.9M
Investments(142.4M)(19.3M)(8.3M)7.8M(44.3M)(46.5M)
Change Receivables(3.1M)(8.4M)(14.2M)(29.9M)(34.3M)(32.6M)
Net Borrowings(44.6M)(37.3M)(92.3M)(43.5M)(50.0M)(52.5M)

Helix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Helix Energy's current stock value. Our valuation model uses many indicators to compare Helix Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Helix Energy competition to find correlations between indicators driving Helix Energy's intrinsic value. More Info.
Helix Energy Solutions is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  6.57  of Return On Asset per Return On Equity. At this time, Helix Energy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Helix Energy's earnings, one of the primary drivers of an investment's value.

Helix Energy Solutions Systematic Risk

Helix Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Helix Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Helix Energy Solutions correlated with the market. If Beta is less than 0 Helix Energy generally moves in the opposite direction as compared to the market. If Helix Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Helix Energy Solutions is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Helix Energy is generally in the same direction as the market. If Beta > 1 Helix Energy moves generally in the same direction as, but more than the movement of the benchmark.

Helix Energy Thematic Clasifications

Helix Energy Solutions is part of Petroleum and Natural Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Petroleum and Natural GasView
This theme covers USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Helix Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Helix Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Helix Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.72

At this time, Helix Energy's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Helix Energy November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Helix Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Helix Energy Solutions. We use our internally-developed statistical techniques to arrive at the intrinsic value of Helix Energy Solutions based on widely used predictive technical indicators. In general, we focus on analyzing Helix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Helix Energy's daily price indicators and compare them against related drivers.

Additional Tools for Helix Stock Analysis

When running Helix Energy's price analysis, check to measure Helix Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.