Helix Total Stockholder Equity vs Accumulated Depreciation Analysis

HLX Stock  USD 10.69  0.11  1.02%   
Helix Energy financial indicator trend analysis is much more than just examining Helix Energy Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helix Energy Solutions is a good investment. Please check the relationship between Helix Energy Total Stockholder Equity and its Accumulated Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Stockholder Equity vs Accumulated Depreciation

Total Stockholder Equity vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helix Energy Solutions Total Stockholder Equity account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Helix Energy's Total Stockholder Equity and Accumulated Depreciation is 0.36. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Helix Energy Solutions, assuming nothing else is changed. The correlation between historical values of Helix Energy's Total Stockholder Equity and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Helix Energy Solutions are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Stockholder Equity i.e., Helix Energy's Total Stockholder Equity and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Helix Energy Solutions fixed asset that has been charged to Helix Energy expense since that asset was acquired and made available for Helix Energy use. The accumulated depreciation account is Helix Energy Solutions asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Helix Energy Solutions.
Most indicators from Helix Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helix Energy Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Helix Energy's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 81.1 M in 2024.

Helix Energy fundamental ratios Correlations

0.870.660.810.780.850.710.730.690.770.990.160.770.73-0.670.80.46-0.040.860.560.90.57-0.830.590.360.4
0.870.790.70.40.60.840.520.60.770.830.150.770.58-0.770.970.32-0.190.980.250.850.18-0.680.20.450.49
0.660.790.680.150.260.70.380.450.620.610.40.630.51-0.580.850.15-0.160.870.050.72-0.03-0.43-0.060.180.7
0.810.70.680.570.640.710.350.80.440.810.310.440.87-0.290.620.460.00.750.690.710.57-0.460.520.490.51
0.780.40.150.570.910.290.70.450.490.820.030.490.54-0.310.270.470.150.360.70.590.88-0.750.910.220.04
0.850.60.260.640.910.520.610.620.540.88-0.20.540.64-0.370.470.660.040.540.730.660.8-0.750.830.44-0.04
0.710.840.70.710.290.520.190.520.420.720.210.410.49-0.40.790.26-0.130.830.260.570.2-0.420.220.530.58
0.730.520.380.350.70.610.190.320.760.70.040.760.36-0.70.530.270.010.520.250.730.3-0.710.35-0.210.12
0.690.60.450.80.450.620.520.320.40.67-0.10.40.89-0.30.570.65-0.020.660.770.650.45-0.40.410.450.12
0.770.770.620.440.490.540.420.760.40.670.01.00.44-0.910.780.28-0.120.760.190.930.18-0.80.180.170.23
0.990.830.610.810.820.880.720.70.670.670.180.670.7-0.580.750.45-0.030.810.580.820.62-0.810.660.380.4
0.160.150.40.310.03-0.20.210.04-0.10.00.180.0-0.01-0.140.16-0.59-0.070.2-0.160.070.02-0.120.020.010.88
0.770.770.630.440.490.540.410.760.41.00.670.00.44-0.910.790.28-0.130.770.190.930.17-0.810.180.170.23
0.730.580.510.870.540.640.490.360.890.440.7-0.010.44-0.250.540.620.00.650.770.710.54-0.390.490.330.19
-0.67-0.77-0.58-0.29-0.31-0.37-0.4-0.7-0.3-0.91-0.58-0.14-0.91-0.25-0.81-0.040.2-0.750.02-0.810.040.760.0-0.13-0.34
0.80.970.850.620.270.470.790.530.570.780.750.160.790.54-0.810.25-0.210.980.130.850.0-0.620.020.30.53
0.460.320.150.460.470.660.260.270.650.280.45-0.590.280.62-0.040.250.430.310.740.440.47-0.250.450.25-0.38
-0.04-0.19-0.160.00.150.04-0.130.01-0.02-0.12-0.03-0.07-0.130.00.2-0.210.43-0.180.29-0.050.130.060.16-0.28-0.09
0.860.980.870.750.360.540.830.520.660.760.810.20.770.65-0.750.980.31-0.180.260.870.13-0.630.140.370.56
0.560.250.050.690.70.730.260.250.770.190.58-0.160.190.770.020.130.740.290.260.440.83-0.360.790.47-0.12
0.90.850.720.710.590.660.570.730.650.930.820.070.930.71-0.810.850.44-0.050.870.440.33-0.770.320.260.33
0.570.18-0.030.570.880.80.20.30.450.180.620.020.170.540.040.00.470.130.130.830.33-0.540.990.47-0.06
-0.83-0.68-0.43-0.46-0.75-0.75-0.42-0.71-0.4-0.8-0.81-0.12-0.81-0.390.76-0.62-0.250.06-0.63-0.36-0.77-0.54-0.58-0.33-0.24
0.590.2-0.060.520.910.830.220.350.410.180.660.020.180.490.00.020.450.160.140.790.320.99-0.580.43-0.05
0.360.450.180.490.220.440.53-0.210.450.170.380.010.170.33-0.130.30.25-0.280.370.470.260.47-0.330.430.11
0.40.490.70.510.04-0.040.580.120.120.230.40.880.230.19-0.340.53-0.38-0.090.56-0.120.33-0.06-0.24-0.050.11
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Helix Energy Account Relationship Matchups

Helix Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.5B2.3B2.4B2.6B2.4B
Short Long Term Debt Total611.5M502.2M410.9M469.7M540.6M737.3M
Other Current Liab50.8M27.3M27.7M(16.9M)138.5M88.2M
Total Current Liabilities285.0M279.3M278.3M298.0M448.6M274.7M
Total Stockholder Equity1.7B1.7B1.6B1.5B1.5B1.1B
Property Plant And Equipment Net2.1B1.9B1.8B1.8B1.7B1.5B
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
Non Current Assets Total2.2B2.0B1.8B1.9B1.9B1.9B
Non Currrent Assets Other73.5M36.2M31.2M9.7M112.0M117.6M
Cash And Short Term Investments208.4M291.3M253.5M186.6M332.2M251.5M
Net Receivables125.5M185.2M174.7M219.1M286.3M187.4M
Common Stock Shares Outstanding149.6M149.9M150.1M151.3M150.9M125.7M
Liabilities And Stockholders Equity2.6B2.5B2.3B2.4B2.6B2.4B
Non Current Liabilities Total612.2M478.5M400.3M574.7M606.4M924.1M
Other Current Assets50.5M49.1M101.3M54.9M79.4M48.5M
Other Stockholder Equity260K(51.6M)1.2B(105.3M)(121.1M)(115.1M)
Total Liab897.1M757.8M678.6M872.6M1.1B1.2B
Property Plant And Equipment Gross2.1B1.9B2.9B3.0B3.2B1.7B
Total Current Assets438.5M525.6M529.5M460.6M697.8M501.0M
Accumulated Other Comprehensive Income(64.7M)(51.6M)(56.1M)(105.3M)(83.0M)(78.9M)
Common Stock Total Equity1.3B1.3B1.3B1.3B1.5B855.6M
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
Property Plant Equipment1.9B1.8B1.8B1.8B2.1B1.9B
Short Term Debt153.5M193.8M154.4M140.0M173.6M182.3M
Inventory54.1M1.073.6M2.5M2.9M2.7M
Current Deferred Revenue11.6M8.1M8.3M10.0M32.8M30.5M
Net Tangible Assets1.7B1.7B1.6B1.5B1.7B1.6B
Retained Earnings Total Equity445.4M464.5M411.1M323.3M291.0M336.1M
Long Term Debt Total306.1M258.9M262.1M225.9M203.3M193.1M
Deferred Long Term Liab112.1M110.8M87.0M98.9M89.0M165.1M

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