Helix Energy Solutions Group, Inc. (HLX)

HLX Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	324.12	332.19	186.6	253.52	291.32	208.43
Trading Asset Securities	-	-	-	-	-	0.04
Cash & Short-Term Investments	324.12	332.19	186.6	253.52	291.32	208.48
Cash Growth	92.50%	78.02%	-26.39%	-12.98%	39.74%	-25.63%
Accounts Receivable	283.77	286.25	219.07	144.78	134.68	126.2
Other Receivables	-	-	-	29.92	50.57	1.26
Receivables	283.77	286.25	219.07	174.7	185.25	127.46
Prepaid Expenses	33.51	28.35	26.61	18.23	15.9	12.64
Restricted Cash	-	-	2.51	73.61	-	54.13
Other Current Assets	52.54	51.05	25.8	9.49	33.17	35.77
Total Current Assets	693.94	697.84	460.59	529.54	525.65	438.47
Property, Plant & Equipment	1,850	1,742	1,839	1,762	1,933	2,074
Goodwill	-	-	-	-	-	7.16
Other Intangible Assets	3.84	4.11	4.47	3.47	3.81	3.85
Long-Term Deferred Charges	75.03	71.88	45.21	16.67	22.33	30.6
Other Long-Term Assets	38.77	40.13	39.61	14.51	13.88	42.91
Total Assets	2,661	2,556	2,389	2,326	2,498	2,597
Accounts Payable	142.4	134.55	135.27	87.96	50.02	69.06
Accrued Expenses	64.54	83.41	63.13	53.78	46.48	45.75
Current Portion of Long-Term Debt	9.19	48.29	38.2	42.87	90.65	99.73
Current Portion of Leases	59.87	62.66	50.91	55.74	51.6	53.79
Current Income Taxes Payable	1.64	1.94	0.48	-	-	-
Current Unearned Revenue	25.58	32.76	9.96	8.27	8.14	11.57
Other Current Liabilities	-	85	-	29.66	32.41	5.07
Total Current Liabilities	303.22	448.62	297.96	278.28	279.31	284.96
Long-Term Debt	305.49	313.43	225.88	262.14	258.91	306.12
Long-Term Leases	293.39	116.19	154.69	50.2	101.01	151.83
Long-Term Unearned Revenue	-	-	-	0.48	1.87	8.29
Long-Term Deferred Tax Liabilities	123.72	110.56	98.88	86.97	110.82	112.13
Other Long-Term Liabilities	64.76	66.25	95.23	0.5	2.01	30.36
Total Liabilities	1,091	1,055	872.63	678.56	753.93	893.69
Common Stock	1,270	1,272	1,299	1,292	1,328	1,319
Retained Earnings	347.97	312.45	323.29	411.07	464.52	445.37
Comprehensive Income & Other	-47.74	-83.02	-105.32	-56.08	-51.62	-64.74
Total Common Equity	1,571	1,501	1,517	1,647	1,740	1,700
Minority Interest	-	-	-	-	3.86	3.46
Shareholders' Equity	1,571	1,501	1,517	1,647	1,744	1,703
Total Liabilities & Equity	2,661	2,556	2,389	2,326	2,498	2,597
Total Debt	667.93	540.57	469.68	410.95	502.17	611.47
Net Cash (Debt)	-343.81	-208.38	-283.07	-157.43	-210.85	-402.99
Net Cash Per Share	-2.27	-1.38	-1.87	-1.05	-1.41	-2.69
Filing Date Shares Outstanding	152.1	152.42	152.15	151.64	150.71	149.96
Total Common Shares Outstanding	152.1	152.29	151.94	151.12	150.34	148.89
Working Capital	390.72	249.22	162.63	251.26	246.34	153.51
Book Value Per Share	10.33	9.86	9.98	10.90	11.58	11.42
Tangible Book Value	1,567	1,497	1,512	1,644	1,737	1,689
Tangible Book Value Per Share	10.30	9.83	9.95	10.88	11.55	11.34
Buildings	-	81.82	76.15	-	-	-
Machinery	-	2,997	2,940	2,938	2,949	2,922
Order Backlog	-	850	847	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.