Helix Total Assets vs Property Plant And Equipment Gross Analysis

HLX Stock  USD 10.94  0.42  3.70%   
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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helix Energy Solutions Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Helix Energy's Total Assets and Property Plant And Equipment Gross is 0.56. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Helix Energy Solutions are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Helix Energy's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Helix Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Helix Energy Solutions books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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

0.870.660.810.780.850.710.730.690.770.990.160.770.73-0.670.80.46-0.040.860.560.90.57-0.830.590.360.4
0.870.790.70.40.60.840.520.60.770.830.150.770.58-0.770.970.32-0.190.980.250.850.18-0.680.20.450.49
0.660.790.680.150.260.70.380.450.620.610.40.630.51-0.580.850.15-0.160.870.050.72-0.03-0.43-0.060.180.7
0.810.70.680.570.640.710.350.80.440.810.310.440.87-0.290.620.460.00.750.690.710.57-0.460.520.490.51
0.780.40.150.570.910.290.70.450.490.820.030.490.54-0.310.270.470.150.360.70.590.88-0.750.910.220.04
0.850.60.260.640.910.520.610.620.540.88-0.20.540.64-0.370.470.660.040.540.730.660.8-0.750.830.44-0.04
0.710.840.70.710.290.520.190.520.420.720.210.410.49-0.40.790.26-0.130.830.260.570.2-0.420.220.530.58
0.730.520.380.350.70.610.190.320.760.70.040.760.36-0.70.530.270.010.520.250.730.3-0.710.35-0.210.12
0.690.60.450.80.450.620.520.320.40.67-0.10.40.89-0.30.570.65-0.020.660.770.650.45-0.40.410.450.12
0.770.770.620.440.490.540.420.760.40.670.01.00.44-0.910.780.28-0.120.760.190.930.18-0.80.180.170.23
0.990.830.610.810.820.880.720.70.670.670.180.670.7-0.580.750.45-0.030.810.580.820.62-0.810.660.380.4
0.160.150.40.310.03-0.20.210.04-0.10.00.180.0-0.01-0.140.16-0.59-0.070.2-0.160.070.02-0.120.020.010.88
0.770.770.630.440.490.540.410.760.41.00.670.00.44-0.910.790.28-0.130.770.190.930.17-0.810.180.170.23
0.730.580.510.870.540.640.490.360.890.440.7-0.010.44-0.250.540.620.00.650.770.710.54-0.390.490.330.19
-0.67-0.77-0.58-0.29-0.31-0.37-0.4-0.7-0.3-0.91-0.58-0.14-0.91-0.25-0.81-0.040.2-0.750.02-0.810.040.760.0-0.13-0.34
0.80.970.850.620.270.470.790.530.570.780.750.160.790.54-0.810.25-0.210.980.130.850.0-0.620.020.30.53
0.460.320.150.460.470.660.260.270.650.280.45-0.590.280.62-0.040.250.430.310.740.440.47-0.250.450.25-0.38
-0.04-0.19-0.160.00.150.04-0.130.01-0.02-0.12-0.03-0.07-0.130.00.2-0.210.43-0.180.29-0.050.130.060.16-0.28-0.09
0.860.980.870.750.360.540.830.520.660.760.810.20.770.65-0.750.980.31-0.180.260.870.13-0.630.140.370.56
0.560.250.050.690.70.730.260.250.770.190.58-0.160.190.770.020.130.740.290.260.440.83-0.360.790.47-0.12
0.90.850.720.710.590.660.570.730.650.930.820.070.930.71-0.810.850.44-0.050.870.440.33-0.770.320.260.33
0.570.18-0.030.570.880.80.20.30.450.180.620.020.170.540.040.00.470.130.130.830.33-0.540.990.47-0.06
-0.83-0.68-0.43-0.46-0.75-0.75-0.42-0.71-0.4-0.8-0.81-0.12-0.81-0.390.76-0.62-0.250.06-0.63-0.36-0.77-0.54-0.58-0.33-0.24
0.590.2-0.060.520.910.830.220.350.410.180.660.020.180.490.00.020.450.160.140.790.320.99-0.580.43-0.05
0.360.450.180.490.220.440.53-0.210.450.170.380.010.170.33-0.130.30.25-0.280.370.470.260.47-0.330.430.11
0.40.490.70.510.04-0.040.580.120.120.230.40.880.230.19-0.340.53-0.38-0.090.56-0.120.33-0.06-0.24-0.050.11
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Helix Energy Account Relationship Matchups

Helix Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.5B2.3B2.4B2.6B2.4B
Short Long Term Debt Total611.5M502.2M410.9M469.7M540.6M737.3M
Other Current Liab50.8M27.3M27.7M(16.9M)138.5M88.2M
Total Current Liabilities285.0M279.3M278.3M298.0M448.6M274.7M
Total Stockholder Equity1.7B1.7B1.6B1.5B1.5B1.1B
Property Plant And Equipment Net2.1B1.9B1.8B1.8B1.7B1.5B
Net Debt403.0M210.9M157.4M283.1M208.4M198.0M
Retained Earnings445.4M464.5M411.1M323.3M312.5M395.1M
Accounts Payable69.1M50.0M88.0M135.3M134.6M107.4M
Cash208.4M291.3M253.5M186.6M332.2M240.3M
Non Current Assets Total2.2B2.0B1.8B1.9B1.9B1.9B
Non Currrent Assets Other73.5M36.2M31.2M9.7M112.0M117.6M
Cash And Short Term Investments208.4M291.3M253.5M186.6M332.2M251.5M
Net Receivables125.5M185.2M174.7M219.1M286.3M187.4M
Common Stock Shares Outstanding149.6M149.9M150.1M151.3M150.9M125.7M
Liabilities And Stockholders Equity2.6B2.5B2.3B2.4B2.6B2.4B
Non Current Liabilities Total612.2M478.5M400.3M574.7M606.4M924.1M
Other Current Assets50.5M49.1M101.3M54.9M79.4M48.5M
Other Stockholder Equity260K(51.6M)1.2B(105.3M)(121.1M)(115.1M)
Total Liab897.1M757.8M678.6M872.6M1.1B1.2B
Property Plant And Equipment Gross2.1B1.9B2.9B3.0B3.2B1.7B
Total Current Assets438.5M525.6M529.5M460.6M697.8M501.0M
Accumulated Other Comprehensive Income(64.7M)(51.6M)(56.1M)(105.3M)(83.0M)(78.9M)
Common Stock Total Equity1.3B1.3B1.3B1.3B1.5B855.6M
Intangible Assets3.8M3.8M3.5M4.5M4.1M3.9M
Common Stock1.3B1.3B1.3B1.3B1.3B880.3M
Other Liab150.8M114.7M87.9M194.1M223.2M150.2M
Other Assets73.5M40.0M34.7M60.0M69.0M108.3M
Long Term Debt306.1M258.9M262.1M225.9M313.4M519.8M
Property Plant Equipment1.9B1.8B1.8B1.8B2.1B1.9B
Short Term Debt153.5M193.8M154.4M140.0M173.6M182.3M
Inventory54.1M1.073.6M2.5M2.9M2.7M
Current Deferred Revenue11.6M8.1M8.3M10.0M32.8M30.5M
Net Tangible Assets1.7B1.7B1.6B1.5B1.7B1.6B
Retained Earnings Total Equity445.4M464.5M411.1M323.3M291.0M336.1M
Long Term Debt Total306.1M258.9M262.1M225.9M203.3M193.1M
Deferred Long Term Liab112.1M110.8M87.0M98.9M89.0M165.1M

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