Helmerich and Payne Inc (HP)

Quick 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 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
Receivables US$ in thousands 782,644 782,625 786,343 426,933 429,873 415,395 431,681 435,819 437,780 449,588 525,611 512,681 465,032 397,880 329,572 282,381 233,407 233,632 209,402 233,623
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
Quick ratio 1.26 1.20 1.11 2.19 2.10 1.54 1.61 1.57 1.88 1.71 1.86 1.83 2.15 1.82 1.80 1.81 1.58 2.98 3.06 3.32

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
1.54