Helix Energy Solutions Group Inc (HLX)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,519,760K
= 0.00
The debt-to-equity ratio of Helix Energy Solutions Group Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations during this period, relying entirely on equity. A debt-to-equity ratio of 0.00 implies that the company has no financial leverage and is not exposed to the risks associated with debt obligations. While a low debt-to-equity ratio can be seen positively as a sign of financial stability and low financial risk, it may also suggest missed opportunities for leveraging debt to potentially amplify returns. Further analysis of the company's capital structure and financial strategy would provide additional insights into the rationale behind maintaining such a low debt-to-equity ratio.
Peer comparison
Dec 31, 2024