Helix Energy Solutions Group Inc (HLX)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,586,740K
= 0.00

The debt-to-equity ratio for Helix Energy Solutions Group Inc has consistently been at 0.00 across various quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-equity ratio of 0.00 signifies that the company is not relying on debt financing to support its operations or growth and is instead primarily funded through equity.

From an analysis perspective, a zero debt-to-equity ratio may suggest that the company has a strong financial position, as it indicates a minimal risk of financial distress from debt obligations. However, it is crucial to consider that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt as a cheaper source of capital for potential growth or expansion strategies.

Overall, the consistent 0.00 debt-to-equity ratio for Helix Energy Solutions Group Inc reflects a conservative approach to capital structure management, emphasizing financial stability and potentially limiting financial risks associated with debt.