Helmerich and Payne Inc (HP)

Quick ratio

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Cash 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
Receivables US$ in thousands 782,644 429,873 410,748 465,032 233,407
Total current liabilities US$ in thousands 814,836 446,949 418,931 394,810 866,306
Quick ratio 1.26 2.10 1.96 2.15 1.56

September 30, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($224,260K + $21,496K + $782,644K) ÷ $814,836K
= 1.26


Peer comparison

Sep 30, 2025

Company name
Symbol
Quick ratio
Helmerich and Payne Inc
HP
1.26
Noble Corporation plc
NE
1.11