Helix Energy Solutions Group Inc (HLX)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $1,586,740K)
= 0.00
The debt-to-capital ratio of Helix Energy Solutions Group Inc has consistently been 0.00 for all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during these periods. A debt-to-capital ratio of 0.00 typically suggests that the company is funding its operations primarily through equity rather than debt. This can be viewed positively by investors and creditors as it signifies lower financial risk, as the company is not heavily reliant on borrowed funds. However, it's important to consider the full picture of the company's financial health by examining other ratios and financial metrics in conjunction with the debt-to-capital ratio.
Peer comparison
Dec 31, 2024