Helix Energy Solutions Group, Inc. (HLX)

Solvency & Capital Structure

Total Debt

$625.8M

Net Debt

$124.5M

Helix Energy Solutions Group, Inc. currently has $625.8M in total debt. Net debt is $124.5M after cash offsets.

Financial Fundamentals

HLX • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.63	0.50	0.12	2.57	24.4%
2025-12-31	0.63	0.45	0.18	2.70	23.3%
2025-09-30	0.62	0.34	0.28	2.63	23.7%
2025-06-30	0.64	0.32	0.32	2.67	24.1%
2025-03-31	0.66	0.37	0.29	2.64	24.9%
2024-12-31	0.66	0.37	0.29	2.60	25.5%
2024-09-30	0.67	0.32	0.34	2.66	25.1%
2024-06-30	0.68	0.28	0.40	2.60	26.2%
2024-03-31	0.69	0.32	0.36	2.61	26.3%
2023-12-31	0.54	0.33	0.21	2.56	21.1%
2023-09-30	0.42	0.17	0.25	2.43	17.2%
2023-06-30	0.63	0.18	0.45	2.42	26.2%
2023-03-31	0.46	0.17	0.29	2.37	19.4%
2022-12-31	0.47	0.19	0.28	2.39	19.7%
2022-09-30	0.53	0.16	0.36	2.36	22.4%
2022-06-30	0.55	0.26	0.29	2.21	25.0%
2022-03-31	0.61	0.23	0.38	2.31	26.4%
2021-12-31	0.41	0.25	0.16	2.33	17.7%
2021-09-30	0.42	0.24	0.19	2.35	18.1%
2021-06-30	0.46	0.32	0.15	2.42	19.2%
2021-03-31	0.47	0.27	0.20	2.42	19.6%
2020-12-31	0.50	0.29	0.21	2.50	20.1%
2020-09-30	0.52	0.26	0.26	2.51	20.8%
2020-06-30	0.56	0.22	0.34	2.48	22.7%
2020-03-31	0.58	0.21	0.37	2.51	23.3%
2019-12-31	0.61	0.26	0.35	2.60	23.5%
2019-09-30	0.63	0.29	0.34	2.61	24.1%
2019-06-30	0.66	0.26	0.40	2.62	25.1%
2019-03-31	0.92	0.22	0.70	2.61	35.4%
2018-12-31	0.44	0.28	0.16	2.35	18.8%
2018-09-30	0.45	0.33	0.12	2.38	18.8%
2018-06-30	0.46	0.29	0.17	2.37	19.4%
2018-03-31	0.47	0.27	0.19	2.34	20.0%
2017-12-31	0.50	0.27	0.23	2.36	21.0%
2017-09-30	0.50	0.36	0.15	2.37	21.3%
2017-06-30	0.52	0.39	0.13	2.36	21.8%
2017-03-31	0.61	0.54	0.07	2.43	25.1%
2016-12-31	0.63	0.36	0.27	2.25	27.9%
2016-09-30	0.68	0.48	0.20	2.43	27.9%
2016-06-30	0.71	0.49	0.22	2.31	30.7%
2016-03-31	0.73	0.49	0.24	2.31	31.6%
2015-12-31	0.76	0.49	0.27	2.41	31.6%
2015-09-30	0.78	0.47	0.31	2.91	26.7%
2015-06-30	0.79	0.50	0.29	2.93	27.1%
2015-03-31	0.55	0.42	0.13	2.65	20.6%
2014-12-31	0.55	0.48	0.07	2.70	20.4%
2014-09-30	0.55	0.55	0.01	2.74	20.2%
2014-06-30	0.56	0.50	0.06	2.70	20.7%
2014-03-31	0.56	0.47	0.09	2.56	21.9%
2013-12-31	0.57	0.48	0.09	2.54	22.3%
2013-09-30	0.57	0.48	0.09	2.51	22.6%
2013-06-30	0.55	0.51	0.04	2.47	22.2%
2013-03-31	0.70	0.63	0.07	2.67	26.2%
2012-12-31	1.02	0.44	0.58	3.39	30.1%
2012-09-30	1.17	0.58	0.59	3.71	31.6%
2012-06-30	1.18	0.65	0.53	3.69	32.0%
2012-03-31	1.18	0.62	0.56	3.66	32.2%
2011-12-31	1.16	0.55	0.61	3.58	32.3%
2011-09-30	1.17	0.38	0.80	3.55	33.0%
2011-06-30	1.25	0.41	0.83	3.56	35.0%
2011-03-31	1.36	0.44	0.92	3.58	37.9%
2010-12-31	1.36	0.39	0.97	3.59	37.8%
2010-09-30	1.36	0.33	1.03	3.65	37.2%
2010-06-30	1.36	0.27	1.09	3.61	37.7%
2010-03-31	1.36	0.21	1.15	3.73	36.4%
2009-12-31	1.36	0.27	1.09	3.78	36.0%
2009-09-30	1.36	0.41	0.95	3.97	34.3%
2009-06-30	1.36	0.26	1.10	4.02	33.9%
2009-03-31	2.01	0.25	1.75	5.06	39.6%
2008-12-31	2.06	0.22	1.84	5.07	40.7%
2008-09-30	1.91	0.04	1.87	5.82	32.8%
2008-06-30	1.86	0.02	1.84	5.73	32.5%
2008-03-31	1.89	0.18	1.71	5.59	33.8%
2007-12-31	1.80	0.09	1.71	5.45	33.0%
2007-09-30	1.47	0.05	1.42	4.55	32.3%
2007-06-30	1.41	0.11	1.31	4.27	33.1%
2007-03-31	1.45	0.20	1.24	4.16	34.8%
2006-12-31	1.48	0.49	0.99	4.29	34.5%
2006-09-30	1.28	0.13	1.15	3.71	34.4%
2006-06-30	0.44	0.04	0.41	1.88	23.6%
2006-03-31	0.44	0.04	0.41	1.74	25.5%
2005-12-31	0.45	0.09	0.36	1.66	26.9%
2005-09-30	0.44	0.15	0.29	1.56	28.4%
2005-06-30	0.44	0.20	0.24	1.46	30.3%
2005-03-31	0.44	0.36	0.08	1.37	32.4%
2004-12-31	0.15	0.09	0.06	1.04	14.3%
2004-09-30	0.15	0.05	0.10	0.94	15.9%
2004-06-30	0.18	0.07	0.12	0.94	19.5%
2004-03-31	0.20	0.01	0.20	0.89	23.0%
2003-12-31	0.22	0.01	0.22	0.88	25.2%
2003-09-30	0.23	0.00	0.23	0.87	26.4%
2003-06-30	0.22	0.00	0.22	0.85	26.3%
2003-03-31	0.22	0.00	0.22	0.84	26.1%
2002-12-31	0.23	0.00	0.23	0.87	26.3%
2002-09-30	0.23	0.00	0.23	0.80	28.1%
2002-06-30	0.15	0.04	0.10	0.68	21.9%
2002-03-31	0.17	0.00	0.16	0.56	30.3%
2001-12-31	0.10	0.04	0.06	0.47	21.0%
2001-09-30	0.08	0.04	0.04	0.43	18.3%
2001-06-30	0.04	0.02	0.02	0.37	10.8%
2001-03-31	0.04	0.06	-0.02Net Cash	0.36	11.0%
2000-12-31	0.04	0.04	-0.00Net Cash	0.35	11.5%
2000-09-30	0.04	0.05	-0.01Net Cash	0.32	12.4%
2000-06-30	0.00	0.00	0.00	0.25	0.4%
2000-03-31	0.00	0.01	-0.01Net Cash	0.24	0.0%
1999-12-31	0.00	0.01	-0.01Net Cash	0.24	0.0%
1999-09-30	0.00	0.02	-0.02Net Cash	0.23	0.0%
1999-06-30	0.00	0.02	-0.02Net Cash	0.20	0.0%
1999-03-31	0.00	0.04	-0.04Net Cash	0.18	0.0%
1998-12-31	0.00	0.03	-0.03Net Cash	0.16	0.0%
1998-09-30	0.00	0.02	-0.02Net Cash	0.16	0.0%
1998-06-30	0.00	0.02	-0.02Net Cash	0.15	0.0%
1998-03-31	0.00	0.01	-0.01Net Cash	0.14	0.0%
1997-12-31	0.00	0.01	-0.01Net Cash	0.13	0.0%
1997-09-30	0.00	0.01	-0.01Net Cash	0.11	0.0%
1997-06-30	0.02	0.00	0.02	0.09	22.2%
1997-03-31	0.02	0.00	0.02	0.08	24.8%
1996-12-31	0.03	0.00	0.02	0.08	30.1%
1995-12-31	0.01	0.00	0.01	0.04	11.8%