Helix Energy Solutions Group Inc (HLX)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 115,965 | 70,848 | 52,127 | 11,980 | 28,873 | 51,832 | 15,765 | -22,735 | -55,005 | -91,774 | -98,438 | -84,915 | -47,153 | -11,028 | 40,660 | 62,701 | 30,742 | 33,003 | 33,184 | 43,640 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,586,740 | 1,570,570 | 1,496,790 | 1,466,820 | 1,501,000 | 1,530,520 | 1,531,930 | 1,515,720 | 1,516,710 | 1,481,850 | 1,531,790 | 1,592,750 | 1,647,470 | 1,669,660 | 1,700,060 | 1,707,460 | 1,740,500 | 1,705,490 | 1,654,700 | 1,649,060 |
| Return on total capital | 7.31% | 4.51% | 3.48% | 0.82% | 1.92% | 3.39% | 1.03% | -1.50% | -3.63% | -6.19% | -6.43% | -5.33% | -2.86% | -0.66% | 2.39% | 3.67% | 1.77% | 1.94% | 2.01% | 2.65% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $115,965K ÷ ($—K + $1,586,740K)
= 7.31%
The return on total capital for Helix Energy Solutions Group Inc has exhibited fluctuating trends over the reported periods. It decreased from 2.65% in March 2020 to -6.43% in June 2022, indicating a significant decline in the company's ability to generate returns relative to its total capital employed.
However, there was a notable turnaround starting from March 2024, with the return on total capital showing an upward trajectory, reaching 7.31% by December 2024. This improvement suggests that the company has been able to enhance its efficiency in utilizing its total capital to generate returns for its investors.
It is essential for stakeholders to monitor this ratio closely as it provides insights into how effectively the company is deploying its capital to generate profits and create value. The recent positive trend indicates a potential positive outlook for the company's financial performance, but ongoing monitoring is necessary to ensure sustained improvement in return on total capital.
Peer comparison
Dec 31, 2024