Helix Energy Solutions Group, Inc. (HLX)

HLX Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	319.74	368.03	332.19	186.6	253.52	291.32
Cash & Short-Term Investments	319.74	368.03	332.19	186.6	253.52	291.32
Cash Growth	16.24%	10.79%	78.02%	-26.39%	-12.98%	39.74%
Accounts Receivable	341.13	270.85	286.25	219.07	144.78	134.68
Other Receivables	28.52	2.64	-	-	29.92	50.57
Receivables	369.65	273.49	286.25	219.07	174.7	185.25
Prepaid Expenses	21.68	26.78	28.35	26.61	18.23	15.9
Restricted Cash	-	-	-	2.51	73.61	-
Other Current Assets	49.33	41.39	51.05	25.8	9.49	33.17
Total Current Assets	760.4	709.68	697.84	460.59	529.54	525.65
Property, Plant & Equipment	1,769	1,768	1,742	1,839	1,762	1,933
Other Intangible Assets	3.51	3.63	4.11	4.47	3.47	3.81
Long-Term Deferred Charges	99.85	77.07	71.88	45.21	16.67	22.33
Other Long-Term Assets	40.26	39.2	40.13	39.61	14.51	13.88
Total Assets	2,673	2,597	2,556	2,389	2,326	2,498
Accounts Payable	172.26	144.79	134.55	135.27	87.96	50.02
Accrued Expenses	66.14	75.54	83.41	63.13	53.78	46.48
Current Portion of Long-Term Debt	9.41	9.19	48.29	38.2	42.87	90.65
Current Portion of Leases	61.53	59.98	62.66	50.91	55.74	51.6
Current Income Taxes Payable	-	-	1.94	0.48	-	-
Current Unearned Revenue	38.63	14.91	32.76	9.96	8.27	8.14
Other Current Liabilities	-	-	85	-	29.66	32.41
Total Current Liabilities	347.96	304.42	448.62	297.96	278.28	279.31
Long-Term Debt	302.2	305.97	313.43	225.88	262.14	258.91
Long-Term Leases	270.12	285.98	116.19	154.69	50.2	101.01
Long-Term Unearned Revenue	-	0.7	-	-	0.48	1.87
Long-Term Deferred Tax Liabilities	114.73	113.97	110.56	98.88	86.97	110.82
Other Long-Term Liabilities	68.77	66.27	66.25	95.23	0.5	2.01
Total Liabilities	1,104	1,077	1,055	872.63	678.56	753.93
Common Stock	1,219	1,252	1,272	1,299	1,292	1,328
Retained Earnings	368.56	368.09	312.45	323.29	411.07	464.52
Comprehensive Income & Other	-19.26	-100.58	-83.02	-105.32	-56.08	-51.62
Total Common Equity	1,569	1,520	1,501	1,517	1,647	1,740
Minority Interest	-	-	-	-	-	3.86
Shareholders' Equity	1,569	1,520	1,501	1,517	1,647	1,744
Total Liabilities & Equity	2,673	2,597	2,556	2,389	2,326	2,498
Total Debt	643.26	661.12	540.57	469.68	410.95	502.17
Net Cash (Debt)	-323.51	-293.09	-208.38	-283.07	-157.43	-210.85
Net Cash Per Share	-2.12	-1.89	-1.38	-1.87	-1.05	-1.41
Filing Date Shares Outstanding	146.99	150.94	152.42	152.15	151.64	150.71
Total Common Shares Outstanding	146.99	150.24	152.29	151.94	151.12	150.34
Working Capital	412.44	405.27	249.22	162.63	251.26	246.34
Book Value Per Share	10.67	10.12	9.86	9.98	10.90	11.58
Tangible Book Value	1,565	1,516	1,497	1,512	1,644	1,737
Tangible Book Value Per Share	10.65	10.09	9.83	9.95	10.88	11.55
Buildings	-	79	81.82	76.15	-	-
Machinery	-	2,990	2,997	2,940	2,938	2,949
Order Backlog	-	1,400	850	-	-	-

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q