Helix Energy Solutions Group, Inc. (HLX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 819.29M | 806.31M | 798.24M | 760.4M | 736.21M | 709.68M | 693.94M | 601.37M | 584.18M | 697.84M | 554.98M | 512.01M | 421.85M | 460.59M | 476.12M | 485.4M | 503.73M | 529.54M | 507.98M | 505.55M |
| Cash & Short-Term Investments | 501.27M | 445.2M | 338.03M | 319.74M | 369.99M | 368.03M | 324.12M | 275.07M | 323.85M | 332.19M | 168.37M | 182.65M | 169.18M | 186.6M | 162.27M | 260.6M | 229.74M | 253.51M | 237.55M | 315.19M |
| Cash Only | 501.27M | 445.2M | 338.03M | 319.74M | 369.99M | 368.03M | 324.12M | 275.07M | 323.85M | 332.19M | 168.37M | 182.65M | 169.18M | 186.6M | 162.27M | 260.6M | 229.74M | 253.51M | 237.55M | 315.19M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 230.11M | 322.19M | 383.52M | 369.65M | 293.9M | 273.49M | 283.77M | 293.67M | 225.81M | 286.25M | 312.92M | 262.39M | 218.75M | 219.07M | 258.84M | 192.46M | 171.53M | 174.7M | 165.25M | 169.15M |
| Days Sales Outstanding | 86.31 | 97.15 | 91.91 | 99.88 | 91.82 | 72.18 | 77.57 | 64.79 | 78.66 | 82.24 | 66.88 | 70.89 | 78.78 | 76.38 | 76.17 | 101.85 | 103.78 | 92.72 | 85.12 | 97.14 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.51M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.9 | - | - | - | - | - | - |
| Other Current Assets | 87.91M | 9.58M | 37.59M | 71.01M | 47.99M | 41.39M | 52.53M | 10.67M | 10.7M | 51.05M | 40.79M | 45.94M | 12.55M | 25.8M | 24.64M | 15.28M | 85.65M | 83.1M | 86.87M | 8.67M |
| Total Non-Current Assets | 1.75B | 1.89B | 1.83B | 1.91B | 1.9B | 1.89B | 1.97B | 2B | 2.03B | 1.86B | 1.88B | 1.91B | 1.95B | 1.93B | 1.88B | 1.73B | 1.8B | 1.8B | 1.84B | 1.91B |
| Property, Plant & Equipment | 1.62B | 1.67B | 1.7B | 1.77B | 1.76B | 1.77B | 1.85B | 1.85B | 1.89B | 1.74B | 1.76B | 1.79B | 1.82B | 1.84B | 1.82B | 1.68B | 1.76B | 1.76B | 1.8B | 1.86B |
| Fixed Asset Turnover | 0.18x | 0.20x | 0.22x | 0.17x | 0.16x | 0.20x | 0.19x | 0.20x | 0.16x | 0.19x | 0.22x | 0.17x | 0.14x | 0.16x | 0.16x | 0.09x | 0.09x | 0.09x | 0.10x | 0.09x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 3.26M | 3.37M | 3.51M | 3.56M | 3.63M | 3.84M | 3.88M | 3.97M | 4.11M | 4.53M | 4.3M | 4.39M | 4.46M | 4.33M | 3.12M | 3.34M | 3.47M | 12.54M | 3.68M |
| Long-Term Investments | 0 | 27.29M | 0 | 26.03M | 0 | 24.83M | 24.25M | 26.86M | 26.24M | 25.62M | 26.65M | 26.03M | 25.42M | 24.83M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 125.79M | 113.89M | 126.03M | 114.07M | 133.16M | 91.44M | 113.8M | 116.41M | 111.51M | 86.39M | 118.72M | 120.61M | 100.47M | 9.71M | 57.85M | 46.7M | 39.35M | 31.18M | 22.71M | 47.82M |
| Total Assets | 2.57B | 2.7B | 2.63B | 2.67B | 2.64B | 2.6B | 2.66B | 2.6B | 2.61B | 2.56B | 2.43B | 2.42B | 2.37B | 2.39B | 2.36B | 2.21B | 2.31B | 2.33B | 2.35B | 2.42B |
| Asset Turnover | 0.11x | 0.13x | 0.14x | 0.11x | 0.11x | 0.14x | 0.13x | 0.14x | 0.11x | 0.13x | 0.16x | 0.13x | 0.11x | 0.12x | 0.12x | 0.07x | 0.06x | 0.07x | 0.08x | 0.07x |
| Asset Growth % | -2.54% | 3.87% | -1.1% | 2.91% | 0.81% | 1.61% | 9.3% | 7.14% | 10.32% | 6.98% | 3.36% | 9.5% | 2.69% | 2.72% | 0.35% | -8.44% | -4.72% | -6.89% | -6.31% | -2.7% |
| Total Current Liabilities | 281.06M | 299.68M | 314.12M | 347.96M | 323.39M | 304.42M | 303.22M | 300.17M | 348.03M | 448.62M | 390.27M | 382.71M | 288.03M | 297.95M | 330.48M | 232.73M | 256.99M | 278.28M | 258.28M | 274.98M |
| Accounts Payable | 138.41M | 134.29M | 147.4M | 172.25M | 159.84M | 144.79M | 142.4M | 144.83M | 120.38M | 134.55M | 142.22M | 145.94M | 134.36M | 135.27M | 131.9M | 99.72M | 97.53M | 87.96M | 75.16M | 70.11M |
| Days Payables Outstanding | 43.97 | 45.7 | 47.29 | 52.59 | 54.72 | 44.59 | 47.74 | 41.71 | 41.93 | 44.53 | 42.06 | 50.32 | 51.65 | 47.92 | 45.66 | 54.74 | 49.47 | 43.12 | 37.6 | 35.89 |
| Short-Term Debt | 73.51M | 70.44M | 9.64M | 9.41M | 9.41M | 9.19M | 9.19M | 66.68M | 63.86M | 48.29M | 8.75M | 94.17M | 92.86M | 38.2M | 86.26M | 47.83M | 84.58M | 42.87M | 42.83M | 121.26M |
| Deferred Revenue (Current) | 0 | 17.11M | 31.09M | 38.63M | 0 | 14.91M | 25.58M | 17.09M | 20.86M | 32.76M | 18.64M | 23.62M | 11.55M | 9.96M | 20.84M | 6.39M | 5.56M | 8.27M | 9.43M | 9.27M |
| Other Current Liabilities | 69.14M | 32.37M | 0 | 0 | 90.61M | 0 | 16.38M | 35.33M | 111.47M | 109.4M | 99.82M | 24.77M | 19.38M | 0 | 2.22M | 14.16M | 8.19M | 54.78M | 29.02M | 47.44M |
| Current Ratio | 2.92x | 2.69x | 2.54x | 2.19x | 2.28x | 2.33x | 2.29x | 2.00x | 1.68x | 1.56x | 1.42x | 1.34x | 1.46x | 1.55x | 1.44x | 2.09x | 1.96x | 1.90x | 1.97x | 1.84x |
| Quick Ratio | 2.92x | 2.69x | 2.54x | 2.19x | 2.28x | 2.33x | 2.29x | 2.00x | 1.68x | 1.56x | 1.42x | 1.34x | 1.46x | 1.54x | 1.44x | 2.09x | 1.96x | 1.90x | 1.97x | 1.84x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.36 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 730.18M | 818.04M | 742.89M | 755.82M | 766.36M | 772.9M | 787.36M | 799.97M | 798.96M | 606.42M | 513.96M | 509.2M | 565.58M | 574.67M | 543.17M | 449.14M | 457.64M | 400.28M | 419.36M | 442.66M |
| Long-Term Debt | 294.37M | 298.35M | 297.83M | 302.2M | 301.7M | 305.97M | 305.49M | 309.66M | 309.2M | 313.43M | 218.51M | 353.64M | 222.01M | 225.88M | 225.43M | 362.52M | 371M | 262.14M | 261.67M | 265.22M |
| Capital Lease Obligations | 257.89M | 260.96M | 257.16M | 270.12M | 281.15M | 285.98M | 293.39M | 302.94M | 314.35M | 116.19M | 129.46M | 131.18M | 145.19M | 154.69M | 166.92M | 103.55M | 112.51M | 50.2M | 64.42M | 76.93M |
| Deferred Tax Liabilities | 104.97M | 187.3M | 117.82M | 114.73M | 113.42M | 113.97M | 123.72M | 120.17M | 109.98M | 110.56M | 105.82M | 99.86M | 97.58M | 98.88M | 97.37M | 86.42M | 86.24M | 86.97M | 91.78M | 97.91M |
| Other Non-Current Liabilities | 72.95M | 71.43M | 70.08M | 68.77M | 67.63M | 66.27M | 64.76M | 67.2M | 65.43M | 66.25M | 60.17M | -75.48M | 100.81M | 95.23M | 53.45M | -103.35M | -112.31M | 499K | 719K | 1.55M |
| Total Liabilities | 1.01B | 1.12B | 1.06B | 1.1B | 1.09B | 1.08B | 1.09B | 1.1B | 1.15B | 1.06B | 904.23M | 891.92M | 853.61M | 872.63M | 873.64M | 681.86M | 714.62M | 678.56M | 677.63M | 717.65M |
| Total Debt | 625.76M | 629.75M | 622.46M | 643.26M | 655.8M | 661.12M | 667.93M | 679.29M | 687.41M | 540.57M | 417.9M | 634.65M | 460.05M | 469.68M | 526.7M | 553.6M | 609.55M | 410.95M | 423.97M | 463.42M |
| Net Debt | 124.49M | 184.55M | 284.42M | 323.51M | 285.81M | 293.09M | 343.81M | 404.22M | 363.56M | 208.38M | 249.53M | 452M | 290.87M | 283.07M | 364.43M | 293M | 379.81M | 157.43M | 186.42M | 148.22M |
| Debt / Equity | 0.38x | 0.40x | 0.40x | 0.41x | 0.42x | 0.44x | 0.43x | 0.45x | 0.47x | 0.36x | 0.27x | 0.41x | 0.30x | 0.31x | 0.36x | 0.36x | 0.38x | 0.25x | 0.25x | 0.27x |
| Debt / EBITDA | - | 11.22x | 6.01x | 20.89x | 15.83x | 18.70x | 7.63x | 7.03x | 15.20x | 7.68x | 5.26x | 10.68x | 15.74x | 13.43x | 10.93x | 39.04x | 1192.87x | 48.76x | 16.07x | 19.31x |
| Net Debt / EBITDA | - | 3.29x | 2.75x | 10.50x | 6.90x | 8.29x | 3.93x | 4.18x | 8.04x | 2.96x | 3.14x | 7.61x | 9.95x | 8.10x | 7.57x | 20.66x | 743.27x | 18.68x | 7.06x | 6.18x |
| Interest Coverage | -2.55x | 2.13x | 8.35x | -0.04x | 1.43x | 3.89x | 5.64x | 6.60x | -2.19x | -1.88x | 5.95x | 3.14x | -0.48x | 2.07x | -1.49x | -4.61x | -6.52x | -5.02x | -2.30x | -1.64x |
| Total Equity | 1.63B | 1.58B | 1.57B | 1.57B | 1.55B | 1.52B | 1.57B | 1.5B | 1.47B | 1.5B | 1.53B | 1.53B | 1.52B | 1.52B | 1.48B | 1.53B | 1.59B | 1.65B | 1.67B | 1.7B |
| Equity Growth % | 5.47% | 3.96% | 0.27% | 4.81% | 5.35% | 1.25% | 2.62% | -2.29% | -3.23% | -1.04% | 3.28% | 0.01% | -4.84% | -7.94% | -11.25% | -9.9% | -6.93% | -5.55% | -2.31% | 2.53% |
| Book Value per Share | 11.07 | 10.74 | 10.66 | 10.42 | 10.15 | 9.85 | 10.14 | 9.66 | 9.63 | 9.97 | 9.96 | 9.99 | 9.99 | 10.02 | 9.79 | 10.13 | 10.54 | 10.97 | 11.12 | 11.33 |
| Total Shareholders' Equity | 1.56B | 1.58B | 1.57B | 1.57B | 1.55B | 1.52B | 1.57B | 1.5B | 1.47B | 1.5B | 1.53B | 1.53B | 1.52B | 1.52B | 1.48B | 1.53B | 1.59B | 1.65B | 1.67B | 1.7B |
| Common Stock | 1.22B | 1.22B | 1.22B | 1.22B | 1.25B | 1.25B | 1.27B | 1.27B | 1.27B | 1.27B | 1.29B | 1.29B | 1.29B | 1.3B | 1.3B | 1.3B | 1.29B | 1.29B | 1.29B | 1.29B |
| Retained Earnings | 385.51M | 398.91M | 390.64M | 368.56M | 371.16M | 368.09M | 347.97M | 318.45M | 286.16M | 312.45M | 340.78M | 325.22M | 318.12M | 323.29M | 320.58M | 339.34M | 369.04M | 411.07M | 437.06M | 456.11M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -49.11M | -37.5M | -37.4M | -19.26M | -73.39M | -100.58M | -47.74M | -89.43M | -89.7M | -83.02M | -101.2M | -84.6M | -96.89M | -105.32M | -136.02M | -102.57M | -69.23M | -56.08M | -58.1M | -44.65M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |