Helmerich And Payne Stock Working Capital

HP Stock

USD 26.91 0.73 2.64%

Helmerich and Payne fundamentals help investors to digest information that contributes to Helmerich's financial success or failures. It also enables traders to predict the movement of Helmerich Stock. The fundamental analysis module provides a way to measure Helmerich's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Helmerich stock.

	Last Reported	Projected for Next Year
Net Working Capital	670.6 M	574 M
Change In Working Capital	-44.2 M	-42 M

As of 02/26/2025, Net Working Capital is likely to drop to about 574 M. In addition to that, Change In Working Capital is likely to grow to about (42 M).

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Helmerich and Payne Company Working Capital Analysis

Helmerich's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Helmerich Working Capital

745.12 M

Most of Helmerich's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Helmerich and Payne is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Helmerich Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Helmerich is extremely important. It helps to project a fair market value of Helmerich Stock properly, considering its historical fundamentals such as Working Capital. Since Helmerich's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Helmerich's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Helmerich's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Good Will	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Intangible Assets	Current Deferred Revenue	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.79	0.15	0.81	0.64	0.78	0.86	0.08	0.6	0.78	0.33	-0.47	0.85	0.2	0.53	0.05	0.0	0.39	0.25	-0.47	-0.42	-0.04	0.63	0.12	-0.05	0.17	0.04	0.27
Total Stockholder Equity	0.79		-0.41	1.0	0.77	0.27	0.61	0.09	0.62	0.65	-0.26	-0.34	0.97	-0.37	0.83	-0.06	-0.16	0.2	0.35	-0.37	-0.23	-0.15	0.45	-0.07	0.2	0.45	0.4	-0.21
Net Debt	0.15	-0.41		-0.37	-0.15	0.69	0.14	-0.24	0.08	0.22	0.96	-0.16	-0.37	0.93	-0.66	0.36	0.38	0.39	-0.36	-0.14	-0.31	0.35	0.17	0.39	-0.63	-0.36	-0.64	0.78
Retained Earnings	0.81	1.0	-0.37		0.78	0.31	0.62	0.06	0.64	0.67	-0.21	-0.35	0.96	-0.34	0.81	-0.06	-0.13	0.22	0.34	-0.38	-0.23	-0.16	0.49	-0.06	0.17	0.46	0.39	-0.17
Net Receivables	0.64	0.77	-0.15	0.78		0.26	0.34	-0.15	0.95	0.57	-0.15	-0.01	0.71	-0.27	0.57	-0.05	-0.3	0.05	0.08	0.02	-0.05	-0.18	0.2	-0.2	-0.01	0.37	0.22	-0.06
Total Liab	0.78	0.27	0.69	0.31	0.26		0.77	0.08	0.39	0.68	0.82	-0.46	0.34	0.75	-0.07	0.21	0.26	0.52	0.03	-0.42	-0.49	0.16	0.56	0.36	-0.33	-0.13	-0.33	0.66
Total Current Assets	0.86	0.61	0.14	0.62	0.34	0.77		0.46	0.36	0.76	0.36	-0.6	0.64	0.36	0.3	0.1	0.2	0.54	0.13	-0.54	-0.56	0.09	0.59	0.3	0.02	-0.06	-0.11	0.26
Short Term Debt	0.08	0.09	-0.24	0.06	-0.15	0.08	0.46		-0.15	0.13	-0.16	-0.16	0.09	0.05	0.01	0.03	0.03	0.13	0.13	-0.09	-0.16	0.1	-0.18	0.17	0.42	0.03	0.13	-0.17
Accounts Payable	0.6	0.62	0.08	0.64	0.95	0.39	0.36	-0.15		0.61	0.06	-0.05	0.55	-0.06	0.34	0.03	-0.12	0.18	-0.05	0.03	-0.13	-0.11	0.24	-0.07	-0.17	0.24	0.06	0.1
Common Stock	0.78	0.65	0.22	0.67	0.57	0.68	0.76	0.13	0.61		0.35	-0.7	0.61	0.32	0.14	0.41	0.24	0.74	-0.01	-0.49	-0.69	0.41	0.44	0.49	-0.38	-0.15	-0.31	0.27
Long Term Debt	0.33	-0.26	0.96	-0.21	-0.15	0.82	0.36	-0.16	0.06	0.35		-0.34	-0.2	0.95	-0.53	0.35	0.44	0.5	-0.23	-0.32	-0.42	0.33	0.37	0.47	-0.59	-0.33	-0.59	0.8
Treasury Stock	-0.47	-0.34	-0.16	-0.35	-0.01	-0.46	-0.6	-0.16	-0.05	-0.7	-0.34		-0.35	-0.33	0.01	-0.67	-0.62	-0.89	-0.03	0.77	0.93	-0.67	-0.58	-0.79	0.53	0.31	0.46	-0.04
Property Plant Equipment	0.85	0.97	-0.37	0.96	0.71	0.34	0.64	0.09	0.55	0.61	-0.2	-0.35		-0.34	0.86	-0.08	-0.18	0.16	0.44	-0.38	-0.23	-0.18	0.52	-0.09	0.21	0.4	0.38	-0.16
Short Term Investments	0.2	-0.37	0.93	-0.34	-0.27	0.75	0.36	0.05	-0.06	0.32	0.95	-0.33	-0.34		-0.68	0.37	0.41	0.5	-0.28	-0.23	-0.42	0.41	0.2	0.5	-0.53	-0.46	-0.66	0.75
Net Tangible Assets	0.53	0.83	-0.66	0.81	0.57	-0.07	0.3	0.01	0.34	0.14	-0.53	0.01	0.86	-0.68		-0.36	-0.37	-0.25	0.47	-0.18	0.14	-0.47	0.32	-0.43	0.5	0.61	0.67	-0.43
Good Will	0.05	-0.06	0.36	-0.06	-0.05	0.21	0.1	0.03	0.03	0.41	0.35	-0.67	-0.08	0.37	-0.36		0.54	0.75	-0.24	-0.54	-0.77	0.96	0.11	0.83	-0.8	-0.28	-0.65	0.17
Long Term Debt Total	0.0	-0.16	0.38	-0.13	-0.3	0.26	0.2	0.03	-0.12	0.24	0.44	-0.62	-0.18	0.41	-0.37	0.54		0.76	-0.48	-0.66	-0.65	0.55	0.34	0.66	-0.52	-0.31	-0.49	0.29
Capital Surpluse	0.39	0.2	0.39	0.22	0.05	0.52	0.54	0.13	0.18	0.74	0.5	-0.89	0.16	0.5	-0.25	0.75	0.76		-0.34	-0.76	-0.94	0.78	0.41	0.85	-0.69	-0.39	-0.63	0.3
Deferred Long Term Liab	0.25	0.35	-0.36	0.34	0.08	0.03	0.13	0.13	-0.05	-0.01	-0.23	-0.03	0.44	-0.28	0.47	-0.24	-0.48	-0.34		0.16	0.22	-0.34	0.36	-0.15	0.33	0.39	0.49	-0.23
Long Term Investments	-0.47	-0.37	-0.14	-0.38	0.02	-0.42	-0.54	-0.09	0.03	-0.49	-0.32	0.77	-0.38	-0.23	-0.18	-0.54	-0.66	-0.76	0.16		0.75	-0.51	-0.51	-0.59	0.35	-0.03	0.19	-0.15
Accumulated Depreciation	-0.42	-0.23	-0.31	-0.23	-0.05	-0.49	-0.56	-0.16	-0.13	-0.69	-0.42	0.93	-0.23	-0.42	0.14	-0.77	-0.65	-0.94	0.22	0.75		-0.79	-0.41	-0.84	0.67	0.42	0.63	-0.12
Intangible Assets	-0.04	-0.15	0.35	-0.16	-0.18	0.16	0.09	0.1	-0.11	0.41	0.33	-0.67	-0.18	0.41	-0.47	0.96	0.55	0.78	-0.34	-0.51	-0.79		-0.03	0.83	-0.76	-0.44	-0.72	0.14
Current Deferred Revenue	0.63	0.45	0.17	0.49	0.2	0.56	0.59	-0.18	0.24	0.44	0.37	-0.58	0.52	0.2	0.32	0.11	0.34	0.41	0.36	-0.51	-0.41	-0.03		0.25	-0.22	0.03	-0.1	0.23
Short Long Term Debt	0.12	-0.07	0.39	-0.06	-0.2	0.36	0.3	0.17	-0.07	0.49	0.47	-0.79	-0.09	0.5	-0.43	0.83	0.66	0.85	-0.15	-0.59	-0.84	0.83	0.25		-0.72	-0.38	-0.63	0.24
Cash And Equivalents	-0.05	0.2	-0.63	0.17	-0.01	-0.33	0.02	0.42	-0.17	-0.38	-0.59	0.53	0.21	-0.53	0.5	-0.8	-0.52	-0.69	0.33	0.35	0.67	-0.76	-0.22	-0.72		0.44	0.79	-0.37
Net Invested Capital	0.17	0.45	-0.36	0.46	0.37	-0.13	-0.06	0.03	0.24	-0.15	-0.33	0.31	0.4	-0.46	0.61	-0.28	-0.31	-0.39	0.39	-0.03	0.42	-0.44	0.03	-0.38	0.44		0.82	-0.3
Net Working Capital	0.04	0.4	-0.64	0.39	0.22	-0.33	-0.11	0.13	0.06	-0.31	-0.59	0.46	0.38	-0.66	0.67	-0.65	-0.49	-0.63	0.49	0.19	0.63	-0.72	-0.1	-0.63	0.79	0.82		-0.45
Capital Stock	0.27	-0.21	0.78	-0.17	-0.06	0.66	0.26	-0.17	0.1	0.27	0.8	-0.04	-0.16	0.75	-0.43	0.17	0.29	0.3	-0.23	-0.15	-0.12	0.14	0.23	0.24	-0.37	-0.3	-0.45

Click cells to compare fundamentals

Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Helmerich

Working Capital Over Time

Helmerich Capital Surpluse

Capital Surpluse

438.08 Million

At this time, Helmerich's Capital Surpluse is relatively stable compared to the past year.

According to the company's disclosures, Helmerich and Payne has a Working Capital of 745.12 M. This is 354.76% lower than that of the Energy Equipment & Services sector and 16.69% higher than that of the Energy industry. The working capital for all United States stocks is 49.59% higher than that of the company.

Helmerich Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Helmerich's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Helmerich could also be used in its relative valuation, which is a method of valuing Helmerich by comparing valuation metrics of similar companies.

Helmerich is currently under evaluation in working capital category among its peers.

Helmerich ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Helmerich's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Helmerich's managers, analysts, and investors.

Environmental

Governance

Social

Helmerich Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0534
	Profit Margin	0.11 %
	Operating Margin	0.14 %
	Current Valuation	4 B
	Shares Outstanding	99.38 M
	Shares Owned By Insiders	3.76 %
	Shares Owned By Institutions	96.24 %
	Number Of Shares Shorted	9.92 M
	Price To Book	0.93 X
	Price To Sales	0.97 X
	Revenue	2.76 B
	Gross Profit	1.12 B
	EBITDA	849.27 M
	Net Income	344.17 M
	Cash And Equivalents	257.17 M
	Cash Per Share	3.32 X
	Total Debt	1.86 B
	Debt To Equity	0.20 %
	Current Ratio	2.36 X
	Book Value Per Share	29.71 X
	Cash Flow From Operations	684.66 M
	Short Ratio	8.55 X
	Earnings Per Share	3.03 X
	Price To Earnings To Growth	5.78 X
	Target Price	38.29
	Number Of Employees	7 K
	Beta	1.36
	Market Capitalization	2.67 B
	Total Asset	5.78 B
	Retained Earnings	2.88 B
	Working Capital	745.12 M
	Current Asset	1.57 B
	Current Liabilities	330.12 M
	Annual Yield	0.04 %
	Five Year Return	6.14 %
	Net Asset	5.78 B
	Last Dividend Paid	1.0

About Helmerich Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Helmerich and Payne's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Helmerich using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Helmerich and Payne based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Helmerich

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helmerich position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helmerich will appreciate offsetting losses from the drop in the long position's value.

Moving together with Helmerich Stock

0.82	NE	Noble plc	Pair Corr
0.87	NBR	Nabors Industries	Pair Corr
0.88	PDS	Precision Drilling	Pair Corr
0.79	RIG	Transocean	Pair Corr

Moving against Helmerich Stock

0.67	EC	Ecopetrol SA ADR Earnings Call Today	Pair Corr
0.61	BP	BP PLC ADR	Pair Corr
0.45	SOC	Sable Offshore Corp	Pair Corr
0.37	AE	Adams Resources Energy	Pair Corr

The ability to find closely correlated positions to Helmerich could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helmerich - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helmerich and Payne to buy it.

The correlation of Helmerich is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helmerich moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich and Payne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Helmerich can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Helmerich Stock Analysis

When running Helmerich's price analysis, check to measure Helmerich'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 Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.

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