Helmerich Interest Income from 2010 to 2024

HP Stock

USD 33.89 0.17 0.50%

Helmerich Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to drop to about 19.2 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals

Interest Income

First Reported

2019-03-31

Previous Quarter

6.6 M

Current Value

11.9 M

Quarterly Volatility

3.9 M

Covid

Check Helmerich financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helmerich's main balance sheet or income statement drivers, such as Depreciation And Amortization of 248.3 M, Interest Expense of 30.5 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.04, Dividend Yield of 0.0588 or PTB Ratio of 1.2. Helmerich financial statements analysis is a perfect complement when working with Helmerich Valuation or Volatility modules.

Check out the analysis of Helmerich Correlation against competitors.

Latest Helmerich's Interest Income Growth Pattern

Below is the plot of the Interest Income of Helmerich and Payne over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Helmerich's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Helmerich's overall financial position and show how it may be relating to other accounts over time.

Interest Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Interest Income

Timeline

Helmerich Interest Income Regression Statistics

	Arithmetic Mean	16,379,752
	Geometric Mean	12,391,181
	Coefficient Of Variation	86.98
	Mean Deviation	10,808,336
	Median	9,183,000
	Standard Deviation	14,246,716
	Sample Variance	203T
	Range	53.7M
	R-Value	0.62
	Mean Square Error	135.5T
	R-Squared	0.38
	Significance	0.01
	Slope	1,963,489
	Total Sum of Squares	2841.6T

Helmerich Interest Income History

	2024	19.2 M
	2023	32.7 M
	2022	28.4 M
	2021	56.8 M
	2020	10.3 M
	2019	25.9 M
	2018	9.5 M

Other Fundumenentals of Helmerich and Payne

Net Interest Income

Helmerich Interest Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Good Will	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Intangible Assets	Current Deferred Revenue	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	-0.33	0.97	0.75	0.54	0.86	0.18	0.66	0.76	0.24	-0.45	0.94	-0.23	0.73	0.03	-0.05	0.34	0.33	-0.41	-0.33	-0.06	0.49	0.07	0.12	0.34	0.28	-0.13
Total Stockholder Equity	0.96		-0.47	1.0	0.78	0.4	0.77	0.09	0.65	0.63	0.07	-0.35	0.97	-0.41	0.86	-0.07	-0.17	0.19	0.35	-0.42	-0.25	-0.15	0.44	-0.08	0.2	0.49	0.41	-0.3
Net Debt	-0.33	-0.47		-0.44	-0.23	0.52	-0.32	-0.22	-0.05	0.21	0.34	-0.12	-0.34	0.89	-0.64	0.37	0.36	0.36	-0.32	0.12	-0.27	0.33	0.14	0.37	-0.61	-0.76	-0.81	0.91
Retained Earnings	0.97	1.0	-0.44		0.78	0.42	0.77	0.06	0.66	0.64	0.09	-0.36	0.97	-0.39	0.85	-0.07	-0.15	0.2	0.35	-0.41	-0.24	-0.16	0.48	-0.07	0.18	0.47	0.39	-0.26
Net Receivables	0.75	0.78	-0.23	0.78		0.3	0.45	-0.14	0.96	0.54	-0.18	0.0	0.74	-0.37	0.63	-0.07	-0.33	0.02	0.1	0.03	-0.05	-0.2	0.19	-0.23	0.01	0.33	0.22	-0.14
Total Liab	0.54	0.4	0.52	0.42	0.3		0.53	0.18	0.38	0.75	0.46	-0.51	0.54	0.62	0.11	0.18	0.2	0.52	0.15	-0.3	-0.51	0.1	0.6	0.33	-0.22	-0.33	-0.35	0.61
Total Current Assets	0.86	0.77	-0.32	0.77	0.45	0.53		0.55	0.42	0.74	0.41	-0.58	0.73	-0.03	0.48	0.08	0.15	0.49	0.21	-0.48	-0.47	0.07	0.45	0.25	0.18	0.15	0.13	-0.13
Short Term Debt	0.18	0.09	-0.22	0.06	-0.14	0.18	0.55		-0.13	0.14	0.18	-0.18	0.07	0.15	-0.02	0.04	0.05	0.15	0.11	-0.15	-0.19	0.12	-0.17	0.19	0.4	0.11	0.15	-0.19
Accounts Payable	0.66	0.65	-0.05	0.66	0.96	0.38	0.42	-0.13		0.57	-0.08	-0.03	0.62	-0.21	0.44	-0.01	-0.18	0.12	0.0	0.11	-0.11	-0.15	0.22	-0.13	-0.1	0.13	0.05	0.02
Common Stock	0.76	0.63	0.21	0.64	0.54	0.75	0.74	0.14	0.57		0.6	-0.7	0.63	0.34	0.16	0.41	0.24	0.74	0.0	-0.38	-0.7	0.38	0.44	0.49	-0.38	-0.32	-0.37	0.28
Long Term Debt	0.24	0.07	0.34	0.09	-0.18	0.46	0.41	0.18	-0.08	0.6		-0.88	0.1	0.53	-0.29	0.7	0.69	0.85	0.07	-0.47	-0.8	0.7	0.5	0.85	-0.62	-0.49	-0.59	0.26
Treasury Stock	-0.45	-0.35	-0.12	-0.36	0.0	-0.51	-0.58	-0.18	-0.03	-0.7	-0.88		-0.39	-0.33	-0.03	-0.66	-0.62	-0.89	-0.06	0.76	0.93	-0.67	-0.58	-0.79	0.52	0.32	0.43	-0.06
Property Plant Equipment	0.94	0.97	-0.34	0.97	0.74	0.54	0.73	0.07	0.62	0.63	0.1	-0.39		-0.3	0.86	-0.05	-0.15	0.2	0.42	-0.46	-0.28	-0.16	0.54	-0.05	0.16	0.45	0.37	-0.18
Short Term Investments	-0.23	-0.41	0.89	-0.39	-0.37	0.62	-0.03	0.15	-0.21	0.34	0.53	-0.33	-0.3		-0.66	0.38	0.4	0.5	-0.23	-0.03	-0.42	0.41	0.18	0.5	-0.47	-0.82	-0.8	0.82
Net Tangible Assets	0.73	0.86	-0.64	0.85	0.63	0.11	0.48	-0.02	0.44	0.16	-0.29	-0.03	0.86	-0.66		-0.34	-0.34	-0.21	0.44	-0.35	0.1	-0.44	0.35	-0.4	0.45	0.8	0.72	-0.47
Good Will	0.03	-0.07	0.37	-0.07	-0.07	0.18	0.08	0.04	-0.01	0.41	0.7	-0.66	-0.05	0.38	-0.34		0.53	0.75	-0.22	-0.47	-0.77	0.95	0.1	0.83	-0.81	-0.37	-0.64	0.18
Long Term Debt Total	-0.05	-0.17	0.36	-0.15	-0.33	0.2	0.15	0.05	-0.18	0.24	0.69	-0.62	-0.15	0.4	-0.34	0.53		0.76	-0.47	-0.55	-0.64	0.53	0.33	0.65	-0.5	-0.47	-0.53	0.31
Capital Surpluse	0.34	0.19	0.36	0.2	0.02	0.52	0.49	0.15	0.12	0.74	0.85	-0.89	0.2	0.5	-0.21	0.75	0.76		-0.32	-0.65	-0.94	0.76	0.41	0.84	-0.67	-0.56	-0.67	0.32
Deferred Long Term Liab	0.33	0.35	-0.32	0.35	0.1	0.15	0.21	0.11	0.0	0.0	0.07	-0.06	0.42	-0.23	0.44	-0.22	-0.47	-0.32		0.07	0.2	-0.32	0.38	-0.12	0.3	0.49	0.5	-0.26
Long Term Investments	-0.41	-0.42	0.12	-0.41	0.03	-0.3	-0.48	-0.15	0.11	-0.38	-0.47	0.76	-0.46	-0.03	-0.35	-0.47	-0.55	-0.65	0.07		0.72	-0.46	-0.46	-0.5	0.22	-0.07	0.06	0.09
Accumulated Depreciation	-0.33	-0.25	-0.27	-0.24	-0.05	-0.51	-0.47	-0.19	-0.11	-0.7	-0.8	0.93	-0.28	-0.42	0.1	-0.77	-0.64	-0.94	0.2	0.72		-0.79	-0.4	-0.83	0.66	0.44	0.59	-0.14
Intangible Assets	-0.06	-0.15	0.33	-0.16	-0.2	0.1	0.07	0.12	-0.15	0.38	0.7	-0.67	-0.16	0.41	-0.44	0.95	0.53	0.76	-0.32	-0.46	-0.79		-0.04	0.82	-0.76	-0.47	-0.68	0.11
Current Deferred Revenue	0.49	0.44	0.14	0.48	0.19	0.6	0.45	-0.17	0.22	0.44	0.5	-0.58	0.54	0.18	0.35	0.1	0.33	0.41	0.38	-0.46	-0.4	-0.04		0.24	-0.22	-0.06	-0.13	0.24
Short Long Term Debt	0.07	-0.08	0.37	-0.07	-0.23	0.33	0.25	0.19	-0.13	0.49	0.85	-0.79	-0.05	0.5	-0.4	0.83	0.65	0.84	-0.12	-0.5	-0.83	0.82	0.24		-0.71	-0.5	-0.64	0.26
Cash And Equivalents	0.12	0.2	-0.61	0.18	0.01	-0.22	0.18	0.4	-0.1	-0.38	-0.62	0.52	0.16	-0.47	0.45	-0.81	-0.5	-0.67	0.3	0.22	0.66	-0.76	-0.22	-0.71		0.63	0.82	-0.42
Net Invested Capital	0.34	0.49	-0.76	0.47	0.33	-0.33	0.15	0.11	0.13	-0.32	-0.49	0.32	0.45	-0.82	0.8	-0.37	-0.47	-0.56	0.49	-0.07	0.44	-0.47	-0.06	-0.5	0.63		0.9	-0.66
Net Working Capital	0.28	0.41	-0.81	0.39	0.22	-0.35	0.13	0.15	0.05	-0.37	-0.59	0.43	0.37	-0.8	0.72	-0.64	-0.53	-0.67	0.5	0.06	0.59	-0.68	-0.13	-0.64	0.82	0.9		-0.63
Capital Stock	-0.13	-0.3	0.91	-0.26	-0.14	0.61	-0.13	-0.19	0.02	0.28	0.26	-0.06	-0.18	0.82	-0.47	0.18	0.31	0.32	-0.26	0.09	-0.14	0.11	0.24	0.26	-0.42	-0.66	-0.63

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About Helmerich Financial Statements

Helmerich shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Helmerich investors may analyze each financial statement separately, they are all interrelated. The changes in Helmerich's assets and liabilities, for example, are also reflected in the revenues and expenses on on Helmerich's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Interest Income	32.7 M	19.2 M
Net Interest Income	12.8 M	13.4 M

Pair Trading with Helmerich

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helmerich position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helmerich will appreciate offsetting losses from the drop in the long position's value.

Moving together with Helmerich Stock

0.85

NBR

Nabors Industries

Pair Corr

Moving against Helmerich Stock

0.65	EC	Ecopetrol SA ADR	Pair Corr
0.55	BORR	Borr Drilling	Pair Corr
0.53	ICDI	Independence Contract	Pair Corr
0.4	BP	BP PLC ADR	Pair Corr
0.39	DINO	HF Sinclair Corp	Pair Corr

The ability to find closely correlated positions to Helmerich could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helmerich - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helmerich and Payne to buy it.

The correlation of Helmerich is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helmerich moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich and Payne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Helmerich can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Helmerich Stock Analysis

When running Helmerich's price analysis, check to measure Helmerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.

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Helmerich Interest Income from 2010 to 2024

Latest Helmerich's Interest Income Growth Pattern

Helmerich Interest Income Regression Statistics

Helmerich Interest Income History

Other Fundumenentals of Helmerich and Payne

Helmerich Interest Income component correlations

About Helmerich Financial Statements

Pair Trading with Helmerich

Moving together with Helmerich Stock

Moving against Helmerich Stock

Additional Tools for Helmerich Stock Analysis

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