Helix Energy Solutions Group Inc (HLX)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 115,965 | 28,873 | -55,005 | -47,153 | 30,742 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,519,760 | 1,501,000 | 1,516,710 | 1,647,470 | 1,740,500 |
| Return on total capital | 7.63% | 1.92% | -3.63% | -2.86% | 1.77% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $115,965K ÷ ($—K + $1,519,760K)
= 7.63%
The return on total capital for Helix Energy Solutions Group Inc has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, the return on total capital was at a modest 1.77%, indicating a moderate return generated on the total invested capital.
- However, by December 31, 2021, the return on total capital turned negative at -2.86%, suggesting a decline in the efficiency of the company in generating returns on the total capital employed.
- This negative trend continued into December 31, 2022, with the return on total capital falling further to -3.63%, indicating potential challenges or inefficiencies in the company's capital allocation or operational performance.
- There was a positive turnaround in December 31, 2023, with the return on total capital improving to 1.92%, showing a recovery in the company's ability to generate returns on the total capital invested.
- The most recent data point, as of December 31, 2024, indicates a significant improvement in the return on total capital to 7.63%, reflecting a strong performance in efficiently deploying capital to generate returns.
The fluctuating trend in the return on total capital over the years suggests that Helix Energy Solutions Group Inc has experienced periods of both challenges and successes in effectively utilizing its total capital to generate returns for its stakeholders. Monitoring this ratio over time can provide insights into the company's capital efficiency and overall financial performance.
Peer comparison
Dec 31, 2024