Helix Energy Solutions Group Inc (HLX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,519,760K)
= 0.00
Based on the provided data, the debt-to-capital ratio of Helix Energy Solutions Group Inc has consistently remained at 0.00 from December 31, 2020, until December 31, 2024. This indicates that the company has no debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company is primarily funded by equity rather than debt, which can be viewed positively as it indicates a lower financial risk and potential higher financial stability for the company. However, it is important to consider that a debt-to-capital ratio of 0.00 could also mean that the company is missing out on potential tax advantages associated with debt financing. Overall, the consistent 0.00 debt-to-capital ratio suggests a unique capital structure for Helix Energy Solutions Group Inc that is worth further investigation.
Peer comparison
Dec 31, 2024