Helmerich Historical Balance Sheet

HP Stock

USD 36.06 1.63 4.73%

Trend analysis of Helmerich and Payne balance sheet accounts such as Other Current Liabilities of 309.6 M provides information on Helmerich's total assets, liabilities, and equity, which is the actual value of Helmerich and Payne to its prevalent stockholders. By breaking down trends over time using Helmerich balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Helmerich and Payne latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Helmerich and Payne is a good buy for the upcoming year.

Helmerich Inventory

123.78 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Helmerich Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Helmerich and Payne at a specified time, usually calculated after every quarter, six months, or one year. Helmerich Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Helmerich and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Helmerich currently owns. An asset can also be divided into two categories, current and non-current.

Helmerich Balance Sheet Chart

At this time, Helmerich's Inventory is relatively stable compared to the past year. As of 11/25/2024, Other Current Assets is likely to grow to about 246.9 M, while Total Stockholder Equity is likely to drop slightly above 2.1 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Other Stockholder Equity Total Current Assets

Add Fundamental

Total Assets

Total assets refers to the total amount of Helmerich 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 Helmerich and Payne 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.

Total Current Liabilities

Total Current Liabilities is an item on Helmerich balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Helmerich and Payne are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most accounts from Helmerich's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Helmerich and Payne current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Helmerich and Payne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	555.0M	600.0M	1.9B	2.0B
Total Assets	4.4B	4.4B	5.8B	3.2B

Short Long Term Debt Total Total Assets

Helmerich balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		-0.1	0.47	0.47	0.96	0.96	-0.33	0.97	0.49	0.99	-0.27	0.38	0.75	0.63	0.5	0.71	0.75	0.54	0.54	0.86	0.18	0.66	-0.11	0.77	0.76	0.49
Short Long Term Debt Total	-0.1		0.55	0.13	-0.27	-0.26	0.89	-0.25	0.02	-0.13	0.56	0.36	-0.28	-0.72	0.74	0.32	-0.46	-0.38	0.75	0.04	0.11	-0.12	0.56	0.37	0.38	0.21
Other Current Liab	0.47	0.55		0.38	0.36	0.38	0.29	0.36	0.38	0.43	0.1	0.52	0.24	-0.11	0.75	0.59	0.18	0.13	0.79	0.53	0.33	0.34	0.21	0.59	0.6	0.42
Total Current Liabilities	0.47	0.13	0.38		0.36	0.33	-0.07	0.34	0.47	0.38	-0.24	0.52	0.34	0.35	0.13	0.2	0.1	0.42	0.37	0.73	0.73	0.39	0.17	0.58	0.57	0.05
Total Stockholder Equity	0.96	-0.27	0.36	0.36		0.99	-0.47	1.0	0.45	0.97	-0.33	0.28	0.78	0.69	0.38	0.68	0.87	0.59	0.4	0.77	0.09	0.65	-0.18	0.64	0.63	0.42
Property Plant And Equipment Net	0.96	-0.26	0.38	0.33	0.99		-0.47	0.99	0.47	0.97	-0.37	0.3	0.75	0.7	0.4	0.7	0.86	0.61	0.41	0.77	0.11	0.63	-0.23	0.63	0.62	0.48
Net Debt	-0.33	0.89	0.29	-0.07	-0.47	-0.47		-0.44	-0.43	-0.32	0.66	-0.09	-0.23	-0.83	0.54	0.14	-0.52	-0.59	0.52	-0.32	-0.22	-0.05	0.74	0.19	0.21	-0.11
Retained Earnings	0.97	-0.25	0.36	0.34	1.0	0.99	-0.44		0.44	0.98	-0.29	0.28	0.78	0.66	0.4	0.69	0.86	0.55	0.42	0.77	0.06	0.66	-0.16	0.65	0.64	0.43
Cash	0.49	0.02	0.38	0.47	0.45	0.47	-0.43	0.44		0.39	-0.3	0.93	-0.1	0.42	0.2	0.28	0.16	0.56	0.29	0.78	0.71	-0.17	-0.49	0.3	0.29	0.62
Non Current Assets Total	0.99	-0.13	0.43	0.38	0.97	0.97	-0.32	0.98	0.39		-0.25	0.27	0.79	0.62	0.5	0.72	0.8	0.5	0.51	0.79	0.07	0.7	-0.09	0.74	0.73	0.45
Non Currrent Assets Other	-0.27	0.56	0.1	-0.24	-0.33	-0.37	0.66	-0.29	-0.3	-0.25		-0.07	-0.22	-0.73	0.38	-0.09	-0.31	-0.69	0.32	-0.3	-0.41	-0.15	0.62	0.0	0.02	-0.32
Cash And Short Term Investments	0.38	0.36	0.52	0.52	0.28	0.3	-0.09	0.28	0.93	0.27	-0.07		-0.22	0.13	0.4	0.32	-0.07	0.4	0.5	0.73	0.71	-0.23	-0.24	0.4	0.4	0.6
Net Receivables	0.75	-0.28	0.24	0.34	0.78	0.75	-0.23	0.78	-0.1	0.79	-0.22	-0.22		0.48	0.26	0.47	0.79	0.26	0.3	0.45	-0.14	0.96	0.18	0.54	0.54	-0.05
Common Stock Shares Outstanding	0.63	-0.72	-0.11	0.35	0.69	0.7	-0.83	0.66	0.42	0.62	-0.73	0.13	0.48		-0.3	0.22	0.63	0.82	-0.25	0.56	0.26	0.31	-0.56	0.25	0.23	0.28
Non Current Liabilities Total	0.5	0.74	0.75	0.13	0.38	0.4	0.54	0.4	0.2	0.5	0.38	0.4	0.26	-0.3		0.69	0.18	-0.11	0.97	0.41	-0.01	0.33	0.36	0.67	0.68	0.45
Inventory	0.71	0.32	0.59	0.2	0.68	0.7	0.14	0.69	0.28	0.72	-0.09	0.32	0.47	0.22	0.69		0.51	0.42	0.68	0.56	-0.04	0.43	0.17	0.72	0.73	0.67
Other Current Assets	0.75	-0.46	0.18	0.1	0.87	0.86	-0.52	0.86	0.16	0.8	-0.31	-0.07	0.79	0.63	0.18	0.51		0.47	0.17	0.42	-0.07	0.61	-0.19	0.29	0.28	0.13
Other Stockholder Equity	0.54	-0.38	0.13	0.42	0.59	0.61	-0.59	0.55	0.56	0.5	-0.69	0.4	0.26	0.82	-0.11	0.42	0.47		-0.02	0.59	0.42	0.1	-0.47	0.35	0.34	0.44
Total Liab	0.54	0.75	0.79	0.37	0.4	0.41	0.52	0.42	0.29	0.51	0.32	0.5	0.3	-0.25	0.97	0.68	0.17	-0.02		0.53	0.18	0.38	0.41	0.74	0.75	0.4
Total Current Assets	0.86	0.04	0.53	0.73	0.77	0.77	-0.32	0.77	0.78	0.79	-0.3	0.73	0.45	0.56	0.41	0.56	0.42	0.59	0.53		0.55	0.42	-0.17	0.75	0.74	0.55
Short Term Debt	0.18	0.11	0.33	0.73	0.09	0.11	-0.22	0.06	0.71	0.07	-0.41	0.71	-0.14	0.26	-0.01	-0.04	-0.07	0.42	0.18	0.55		-0.13	-0.26	0.14	0.14	0.19
Accounts Payable	0.66	-0.12	0.34	0.39	0.65	0.63	-0.05	0.66	-0.17	0.7	-0.15	-0.23	0.96	0.31	0.33	0.43	0.61	0.1	0.38	0.42	-0.13		0.29	0.58	0.57	-0.06
Property Plant And Equipment Gross	-0.11	0.56	0.21	0.17	-0.18	-0.23	0.74	-0.16	-0.49	-0.09	0.62	-0.24	0.18	-0.56	0.36	0.17	-0.19	-0.47	0.41	-0.17	-0.26	0.29		0.36	0.37	-0.43
Common Stock Total Equity	0.77	0.37	0.59	0.58	0.64	0.63	0.19	0.65	0.3	0.74	0.0	0.4	0.54	0.25	0.67	0.72	0.29	0.35	0.74	0.75	0.14	0.58	0.36		1.0	0.41
Common Stock	0.76	0.38	0.6	0.57	0.63	0.62	0.21	0.64	0.29	0.73	0.02	0.4	0.54	0.23	0.68	0.73	0.28	0.34	0.75	0.74	0.14	0.57	0.37	1.0		0.41
Other Liab	0.49	0.21	0.42	0.05	0.42	0.48	-0.11	0.43	0.62	0.45	-0.32	0.6	-0.05	0.28	0.45	0.67	0.13	0.44	0.4	0.55	0.19	-0.06	-0.43	0.41	0.41

Click cells to compare fundamentals

Helmerich Account Relationship Matchups

Helmerich balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	5.0B	4.4B	4.4B	5.8B	3.2B
Short Long Term Debt Total	492.1M	1.0B	555.0M	600.0M	1.9B	2.0B
Other Current Liab	156.3M	258.8M	159.1M	183.6M	294.9M	309.6M
Total Current Liabilities	219.1M	866.3M	394.8M	418.9M	446.9M	235.5M
Total Stockholder Equity	3.3B	2.9B	2.8B	2.8B	2.9B	2.1B
Property Plant And Equipment Net	3.6B	3.2B	3.0B	3.0B	3.1B	2.3B
Net Debt	(7.2M)	107.9M	322.9M	342.8M	1.6B	1.7B
Retained Earnings	3.0B	2.6B	2.5B	2.7B	2.9B	2.0B
Cash	487.9M	917.5M	232.1M	257.2M	217.3M	224.6M
Non Current Assets Total	3.9B	3.4B	3.4B	3.4B	4.6B	2.6B
Non Currrent Assets Other	188.4M	(547.3M)	(516.8M)	32.1M	1.3B	1.4B
Cash And Short Term Investments	577.2M	1.1B	349.2M	350.8M	510.3M	535.8M
Net Receivables	195.0M	233.4M	437.3M	409.7M	423.1M	271.2M
Common Stock Shares Outstanding	108.0M	107.8M	106.6M	102.9M	99.1M	91.2M
Liabilities And Stockholders Equity	4.8B	5.0B	4.4B	4.4B	5.8B	3.2B
Non Current Liabilities Total	1.3B	1.3B	1.2B	1.2B	2.4B	2.5B
Inventory	104.2M	84.1M	88.0M	94.2M	117.9M	123.8M
Other Current Assets	386.1M	152.9M	128.5M	152.0M	140.8M	246.9M
Other Stockholder Equity	323.5M	348.3M	292.8M	61.0M	28.7M	27.3M
Total Liab	1.5B	2.1B	1.6B	1.6B	2.9B	3.0B
Total Current Assets	963.3M	1.6B	1.0B	1.0B	1.2B	643.0M
Short Term Debt	11.4M	496.1M	12.4M	13.8M	17.0M	16.1M
Accounts Payable	36.5M	72.0M	127.0M	130.9M	135.1M	84.7M
Property Plant And Equipment Gross	3.7B	3.2B	3.0B	7.6B	8.7B	9.2B
Accumulated Other Comprehensive Income	(26.2M)	(20.2M)	(12.1M)	(8.0M)	(6.4M)	(6.7M)
Common Stock Total Equity	11.2M	11.2M	11.2M	11.2M	12.9M	10.3M
Common Stock	11.2M	11.2M	11.2M	11.2M	12.9M	10.4M
Other Liab	777.4M	713.2M	625.3M	604.9M	695.6M	446.7M
Other Assets	17.1M	16.2M	20.9M	32.1M	36.9M	38.7M
Long Term Debt	480.7M	542.0M	542.6M	545.1M	626.9M	356.9M
Treasury Stock	(173.2M)	(195.0M)	(198.2M)	(181.6M)	(163.5M)	(155.3M)
Property Plant Equipment	3.6B	3.2B	3.0B	3.0B	3.4B	3.4B
Short Term Investments	89.3M	198.7M	117.1M	93.6M	292.9M	307.6M
Net Tangible Assets	3.3B	2.8B	2.8B	2.7B	2.4B	3.0B
Retained Earnings Total Equity	3.7B	3.0B	2.6B	2.5B	2.8B	3.5B
Long Term Debt Total	480.7M	542.0M	542.6M	545.1M	626.9M	459.7M
Capital Surpluse	521.6M	529.9M	528.3M	525.4M	604.2M	438.1M
Deferred Long Term Liab	806.6M	650.7M	563.4M	537.7M	483.9M	699.5M
Long Term Investments	31.6M	135.4M	219.0M	264.9M	238.5M	162.7M

Pair Trading with Helmerich

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helmerich position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helmerich will appreciate offsetting losses from the drop in the long position's value.

Moving together with Helmerich Stock

0.85

NBR

Nabors Industries

Pair Corr

Moving against Helmerich Stock

0.54	EC	Ecopetrol SA ADR	Pair Corr
0.48	BORR	Borr Drilling	Pair Corr
0.37	ICDI	Independence Contract	Pair Corr
0.37	DINO	HF Sinclair Corp	Pair Corr
0.34	BP	BP PLC ADR	Pair Corr

The ability to find closely correlated positions to Helmerich could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helmerich - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helmerich and Payne to buy it.

The correlation of Helmerich is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helmerich moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich and Payne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Helmerich can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Helmerich Stock Analysis

When running Helmerich's price analysis, check to measure Helmerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.

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Helmerich Historical Balance Sheet

Helmerich Inventory

123.78 Million

About Helmerich Balance Sheet Analysis

Helmerich Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Current Assets

Helmerich balance sheet Correlations

Helmerich Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Helmerich balance sheet Accounts

Pair Trading with Helmerich

Moving together with Helmerich Stock

Moving against Helmerich Stock

Additional Tools for Helmerich Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.99	Property Plant And Equipment Net
Non Current Assets Total	+ 0.98	Retained Earnings

Common Stock Shares Outstanding	- 0.83	Net Debt
Common Stock Shares Outstanding	- 0.73	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.72	Short Long Term Debt Total
Other Stockholder Equity	- 0.69	Non Currrent Assets Other
Other Stockholder Equity	- 0.59	Net Debt
Property Plant And Equipment Gross	- 0.56	Common Stock Shares Outstanding