Helmerich and Payne Inc (HP)
Cash ratio
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 224,260 | 217,341 | 316,238 | 268,377 | 917,534 |
| Short-term investments | US$ in thousands | 21,496 | 292,919 | 93,600 | 117,101 | 198,700 |
| Total current liabilities | US$ in thousands | 814,836 | 446,949 | 418,931 | 394,810 | 866,306 |
| Cash ratio | 0.30 | 1.14 | 0.98 | 0.98 | 1.29 |
September 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($224,260K
+ $21,496K)
÷ $814,836K
= 0.30
Peer comparison
Sep 30, 2025