Helix Cost Of Revenue vs Depreciation And Amortization Analysis

HLX Stock  USD 11.32  0.03  0.27%   
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 Cost Of Revenue and its Depreciation And Amortization 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helix Energy Solutions Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Helix Energy's Cost Of Revenue and Depreciation And Amortization is 0.4. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization 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 Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Helix Energy Solutions are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Helix Energy's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Helix Energy Solutions income statement and represents the costs associated with goods and services Helix Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 tightly coupled 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

0.870.730.810.780.850.710.730.690.770.990.160.770.74-0.670.80.48-0.040.860.560.90.57-0.830.590.370.4
0.870.770.70.40.60.840.520.60.770.830.150.770.62-0.770.970.36-0.190.970.250.860.18-0.680.20.450.49
0.730.770.830.260.350.730.360.610.570.680.40.570.73-0.480.820.19-0.050.880.290.750.13-0.390.090.240.7
0.810.70.830.570.640.710.350.80.440.820.320.440.86-0.290.630.340.00.750.690.70.57-0.460.520.490.51
0.780.40.260.570.910.290.70.450.490.820.030.490.48-0.310.270.50.150.360.70.590.88-0.750.910.220.04
0.850.60.350.640.910.520.610.620.540.88-0.20.540.6-0.370.470.710.040.540.730.660.8-0.750.830.44-0.04
0.710.840.730.710.290.520.190.520.420.720.210.410.52-0.40.790.32-0.130.830.260.580.2-0.420.220.530.58
0.730.520.360.350.70.610.190.320.760.690.030.760.35-0.70.530.360.010.520.250.740.3-0.710.35-0.210.12
0.690.60.610.80.450.620.520.320.40.68-0.090.40.93-0.30.580.44-0.020.670.770.640.45-0.40.410.450.12
0.770.770.570.440.490.540.420.760.40.670.01.00.47-0.910.790.29-0.120.760.190.940.18-0.80.180.170.23
0.990.830.680.820.820.880.720.690.680.670.180.670.71-0.580.750.49-0.040.810.590.830.63-0.810.660.390.4
0.160.150.40.320.03-0.20.210.03-0.090.00.180.00.01-0.140.16-0.62-0.070.21-0.160.070.03-0.120.020.020.88
0.770.770.570.440.490.540.410.760.41.00.670.00.48-0.910.790.29-0.130.770.190.940.17-0.810.180.170.23
0.740.620.730.860.480.60.520.350.930.470.710.010.48-0.320.610.41-0.090.710.720.720.48-0.420.420.370.22
-0.67-0.77-0.48-0.29-0.31-0.37-0.4-0.7-0.3-0.91-0.58-0.14-0.91-0.32-0.81-0.090.2-0.750.02-0.820.040.760.0-0.13-0.34
0.80.970.820.630.270.470.790.530.580.790.750.160.790.61-0.810.28-0.210.980.140.860.01-0.620.030.310.53
0.480.360.190.340.50.710.320.360.440.290.49-0.620.290.41-0.090.280.080.310.50.390.41-0.270.440.19-0.38
-0.04-0.19-0.050.00.150.04-0.130.01-0.02-0.12-0.04-0.07-0.13-0.090.2-0.210.08-0.180.29-0.040.130.060.16-0.28-0.09
0.860.970.880.750.360.540.830.520.670.760.810.210.770.71-0.750.980.31-0.180.270.880.14-0.630.140.370.56
0.560.250.290.690.70.730.260.250.770.190.59-0.160.190.720.020.140.50.290.270.420.83-0.360.790.47-0.12
0.90.860.750.70.590.660.580.740.640.940.830.070.940.72-0.820.860.39-0.040.880.420.32-0.780.310.250.34
0.570.180.130.570.880.80.20.30.450.180.630.030.170.480.040.010.410.130.140.830.32-0.540.990.47-0.06
-0.83-0.68-0.39-0.46-0.75-0.75-0.42-0.71-0.4-0.8-0.81-0.12-0.81-0.420.76-0.62-0.270.06-0.63-0.36-0.78-0.54-0.58-0.33-0.24
0.590.20.090.520.910.830.220.350.410.180.660.020.180.420.00.030.440.160.140.790.310.99-0.580.43-0.05
0.370.450.240.490.220.440.53-0.210.450.170.390.020.170.37-0.130.310.19-0.280.370.470.250.47-0.330.430.11
0.40.490.70.510.04-0.040.580.120.120.230.40.880.230.22-0.340.53-0.38-0.090.56-0.120.34-0.06-0.24-0.050.11
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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 Liab50.8M78.9M83.4M63.6M170.3M96.5M
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 Other73.5M36.2M31.2M9.7M122.4M128.5M
Cash And Short Term Investments208.4M291.3M253.5M186.6M332.2M251.5M
Net Receivables125.5M132.2M144.1M212.8M286.3M184.0M
Common Stock Shares Outstanding149.6M149.9M150.1M151.3M150.9M125.7M
Liabilities And Stockholders Equity2.6B2.5B2.3B2.4B2.6B2.4B
Non Current Liabilities Total612.2M478.5M400.3M574.7M629.6M924.9M
Other Current Assets50.5M102.1M58.3M58.7M43.4M47.7M
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 Assets438.5M525.6M529.5M460.6M661.8M499.6M
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 Debt153.5M142.3M98.6M89.1M111.0M58.3M
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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When determining whether Helix Energy Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Energy Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Energy Solutions Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Helix Energy's price analysis, check to measure Helix Energy'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 Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.
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Is Helix Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Energy. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.21)
Revenue Per Share
8.843
Quarterly Revenue Growth
0.184
Return On Assets
0.0274
The market value of Helix Energy Solutions is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Energy's value that differs from its market value or its book value, called intrinsic value, which is Helix Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Energy's market value can be influenced by many factors that don't directly affect Helix Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.