Helix Net Debt vs Cash And Short Term Investments Analysis
HLX Stock | USD 10.62 0.10 0.93% |
Helix Energy financial indicator trend analysis is much more than just examining Helix Energy Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helix Energy Solutions is a good investment. Please check the relationship between Helix Energy Net Debt and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helix Energy Solutions Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Helix Energy's Net Debt and Cash And Short Term Investments is 0.41. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Helix Energy Solutions, assuming nothing else is changed. The correlation between historical values of Helix Energy's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Helix Energy Solutions are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Helix Energy's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Helix Energy Solutions balance sheet. This account contains Helix Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Helix Energy Solutions fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Helix Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helix Energy Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Helix Energy's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 81.1 M in 2024.
Helix Energy fundamental ratios Correlations
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Helix Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Helix Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.5B | 2.3B | 2.4B | 2.6B | 2.4B | |
Short Long Term Debt Total | 611.5M | 502.2M | 410.9M | 469.7M | 540.6M | 737.3M | |
Other Current Liab | 50.8M | 27.3M | 27.7M | (16.9M) | 138.5M | 88.2M | |
Total Current Liabilities | 285.0M | 279.3M | 278.3M | 298.0M | 448.6M | 274.7M | |
Total Stockholder Equity | 1.7B | 1.7B | 1.6B | 1.5B | 1.5B | 1.1B | |
Property Plant And Equipment Net | 2.1B | 1.9B | 1.8B | 1.8B | 1.7B | 1.5B | |
Net Debt | 403.0M | 210.9M | 157.4M | 283.1M | 208.4M | 198.0M | |
Retained Earnings | 445.4M | 464.5M | 411.1M | 323.3M | 312.5M | 395.1M | |
Accounts Payable | 69.1M | 50.0M | 88.0M | 135.3M | 134.6M | 107.4M | |
Cash | 208.4M | 291.3M | 253.5M | 186.6M | 332.2M | 240.3M | |
Non Current Assets Total | 2.2B | 2.0B | 1.8B | 1.9B | 1.9B | 1.9B | |
Non Currrent Assets Other | 73.5M | 36.2M | 31.2M | 9.7M | 112.0M | 117.6M | |
Cash And Short Term Investments | 208.4M | 291.3M | 253.5M | 186.6M | 332.2M | 251.5M | |
Net Receivables | 125.5M | 185.2M | 174.7M | 219.1M | 286.3M | 187.4M | |
Common Stock Shares Outstanding | 149.6M | 149.9M | 150.1M | 151.3M | 150.9M | 125.7M | |
Liabilities And Stockholders Equity | 2.6B | 2.5B | 2.3B | 2.4B | 2.6B | 2.4B | |
Non Current Liabilities Total | 612.2M | 478.5M | 400.3M | 574.7M | 606.4M | 924.1M | |
Other Current Assets | 50.5M | 49.1M | 101.3M | 54.9M | 79.4M | 48.5M | |
Other Stockholder Equity | 260K | (51.6M) | 1.2B | (105.3M) | (121.1M) | (115.1M) | |
Total Liab | 897.1M | 757.8M | 678.6M | 872.6M | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 2.1B | 1.9B | 2.9B | 3.0B | 3.2B | 1.7B | |
Total Current Assets | 438.5M | 525.6M | 529.5M | 460.6M | 697.8M | 501.0M | |
Accumulated Other Comprehensive Income | (64.7M) | (51.6M) | (56.1M) | (105.3M) | (83.0M) | (78.9M) | |
Common Stock Total Equity | 1.3B | 1.3B | 1.3B | 1.3B | 1.5B | 855.6M | |
Intangible Assets | 3.8M | 3.8M | 3.5M | 4.5M | 4.1M | 3.9M | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 880.3M | |
Other Liab | 150.8M | 114.7M | 87.9M | 194.1M | 223.2M | 150.2M | |
Other Assets | 73.5M | 40.0M | 34.7M | 60.0M | 69.0M | 108.3M | |
Long Term Debt | 306.1M | 258.9M | 262.1M | 225.9M | 313.4M | 519.8M | |
Property Plant Equipment | 1.9B | 1.8B | 1.8B | 1.8B | 2.1B | 1.9B | |
Short Term Debt | 153.5M | 193.8M | 154.4M | 140.0M | 173.6M | 182.3M | |
Inventory | 54.1M | 1.0 | 73.6M | 2.5M | 2.9M | 2.7M | |
Current Deferred Revenue | 11.6M | 8.1M | 8.3M | 10.0M | 32.8M | 30.5M | |
Net Tangible Assets | 1.7B | 1.7B | 1.6B | 1.5B | 1.7B | 1.6B | |
Retained Earnings Total Equity | 445.4M | 464.5M | 411.1M | 323.3M | 291.0M | 336.1M | |
Long Term Debt Total | 306.1M | 258.9M | 262.1M | 225.9M | 203.3M | 193.1M | |
Deferred Long Term Liab | 112.1M | 110.8M | 87.0M | 98.9M | 89.0M | 165.1M |
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