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Helix Energy Solutions Group (Helix Energy Solutions Group) Equity-to-Asset : 0.59 (As of Dec. 2023)


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What is Helix Energy Solutions Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Helix Energy Solutions Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,501 Mil. Helix Energy Solutions Group's Total Assets for the quarter that ended in Dec. 2023 was $2,556 Mil. Therefore, Helix Energy Solutions Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Helix Energy Solutions Group's Equity-to-Asset or its related term are showing as below:

HLX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.65   Max: 0.71
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Helix Energy Solutions Group was 0.71. The lowest was 0.53. And the median was 0.65.

HLX's Equity-to-Asset is ranked better than
58.77% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.51 vs HLX: 0.56

Helix Energy Solutions Group Equity-to-Asset Historical Data

The historical data trend for Helix Energy Solutions Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Helix Energy Solutions Group Equity-to-Asset Chart

Helix Energy Solutions Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.70 0.71 0.64 0.59

Helix Energy Solutions Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.63 0.63 0.59 0.56

Competitive Comparison of Helix Energy Solutions Group's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Helix Energy Solutions Group's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Helix Energy Solutions Group's Equity-to-Asset falls into.



Helix Energy Solutions Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Helix Energy Solutions Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1501/2556.036
=0.59

Helix Energy Solutions Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1501/2556.036
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Helix Energy Solutions Group  (NYSE:HLX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Helix Energy Solutions Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Helix Energy Solutions Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Helix Energy Solutions Group (Helix Energy Solutions Group) Business Description

Traded in Other Exchanges
Address
3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services primarily in deepwater in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments Well Intervention, Robotics Production Facilities and Shallow Water Abandonment. the Well Intervention segment includes vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the US.
Executives
Diana Glassman director 3505 W SAM HOUSTON PKWY N, SUITE 400, HOUSTON TX 77043
Scott Andrew Sparks officer: EVP - Operations 3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043
John Lovoi director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Paula Harris director 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Brent Alexander Arriaga officer: CAO and Corporate Controller 12330 BROKEN BOUGH DR, HOUSTON TX 77024
Thomas Mitchell Little director C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Owen E Kratz director, officer: CHAIRMAN & CEO 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Erik Staffeldt officer: VP - Finance and Accounting 3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043
Nancy K Quinn director P O BOX 650205, DALLAS TX 75265
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Kenneth English Neikirk officer: SVP, Gen Counsel & Secretary 3505 W. SAM HOUSTON PARKWAY N., SUITE 400, HOUSTON TX 77043
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Alisa B Johnson officer: SVP, GEN COUNSEL & CORP SEC 3505 SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Amerino Gatti director 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Geoffrey C. Wagner officer: EVP and CCO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084