Helmerich and Payne Inc (HP)
Cash ratio
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 224,260 | 166,074 | 174,763 | 391,179 | 217,341 | 203,633 | 193,636 | 214,104 | 257,174 | 220,609 | 159,672 | 229,186 | 268,377 | 188,663 | 202,206 | 234,196 | 935,884 | 370,553 | 427,243 | 373,980 |
| Short-term investments | US$ in thousands | 21,496 | 21,325 | 20,819 | 135,317 | 292,919 | 86,088 | 83,390 | 84,121 | 93,600 | 72,609 | 85,090 | 118,457 | 117,101 | 144,331 | 148,377 | 207,068 | 198,700 | 187,256 | 134,491 | 149,822 |
| Total current liabilities | US$ in thousands | 814,836 | 809,769 | 887,565 | 435,713 | 446,949 | 456,792 | 438,837 | 468,986 | 418,931 | 433,496 | 413,721 | 469,571 | 394,810 | 401,276 | 377,598 | 398,976 | 866,306 | 265,301 | 251,603 | 228,261 |
| Cash ratio | 0.30 | 0.23 | 0.22 | 1.21 | 1.14 | 0.63 | 0.63 | 0.64 | 0.84 | 0.68 | 0.59 | 0.74 | 0.98 | 0.83 | 0.93 | 1.11 | 1.31 | 2.10 | 2.23 | 2.29 |
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