Skip to content
OpenCapital
Get started

Helix Energy Solutions Group HLX Cash ratio

Cash ratio at other companies

Oceaneering International logo
Oceaneering InternationalOII
0.8×+0.3×
TechnipFMC logo
TechnipFMCFTI
0.2×0.0×
Baker Hughes logo
Baker HughesBKR
1.1×+0.8×
Transocean logo
TransoceanRIG
0.3×+0.1×
Helmerich & Payne logo
Helmerich & PayneHP
0.2×0.0×
RPC logo
RPCRES
0.9×-1.4×

Other financials

Income statement

See full
Revenue$287.9M+3.6%
Gross profit$8.8M-67.9%
Operating income-$13.3M-263%
Net income-$13.4M-536%
EPS (diluted)-$0.09-550%

Balance sheet

See full
Cash & equivalents$501.3M+35.5%
Total debt$625.8M-4.6%
Total equity$1.6B+0.8%
Total assets$2.6B-2.5%

Cash flow

See full
Operating cash flow$61.8M+276%
CapEx$2.8M-37.4%
Free cash flow$59.0M+393%

Valuation

See full
Market cap$1.26B+16.1%
Enterprise value$1.39B+2.7%
P/E88×+75.2×
P/S1×+0.2×

Profitability

See full
Gross margin10.8%-6.2pp
Operating margin3.4%-6.9pp
Net margin1.1%-5.2pp
FCF margin12.9%+3.2pp

Returns & leverage

See full
Return on equity0.9%-4.7pp
Debt / equity0.4×0.0×
Current ratio2.9×+0.6×

Where this comes from

Calculated from Helix Energy Solutions Group’s reported figures.

cash and equivalents/total current liabilities=1.8×

Based on the most recent quarter.

The official record: Helix Energy Solutions Group’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Helix Energy Solutions Group's cash ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Helix Energy Solutions Group's cash ratio?
Helix Energy Solutions Group (HLX) reported cash ratio of 1.8× in Q1 2026.
How has Helix Energy Solutions Group's cash ratio changed year-over-year?
Helix Energy Solutions Group's cash ratio increased by 55.9% year-over-year, from 1.1× to 1.8×.
What is the long-term trend for Helix Energy Solutions Group's cash ratio?
Over 5 years (2020 to 2025), Helix Energy Solutions Group's cash ratio has grown at a 7.3% compound annual growth rate (CAGR), from 1× to 1.5×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.