Helix Energy Solutions Group Inc (HLX)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,597,080 | 2,556,040 | 2,389,340 | 2,326,030 | 2,498,280 |
| Total stockholders’ equity | US$ in thousands | 1,519,760 | 1,501,000 | 1,516,710 | 1,647,470 | 1,740,500 |
| Financial leverage ratio | 1.71 | 1.70 | 1.58 | 1.41 | 1.44 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,597,080K ÷ $1,519,760K
= 1.71
The financial leverage ratio measures the extent to which a company relies on debt to finance its operations and growth. The trend analysis of Helix Energy Solutions Group Inc's financial leverage ratio shows a slight increase from 1.44 in December 2020 to 1.71 in December 2024. This indicates that the company's reliance on debt has been gradually rising over the past five years, reflecting an increase in financial risk. It is important to monitor this trend closely as high levels of leverage can constrain financial flexibility and increase the company's vulnerability to economic downturns or adverse market conditions.
Peer comparison
Dec 31, 2024