Latest close: change in certifying accountantSep 8, 2026what changed →
On our screens:Stocks with no debt
Is it safe?
Can HLX take a bad year?
Helix Energy Solutions Group, Inc. holds $198M more cash than debt, so a bad year is a question about profits, not about lenders.
$198M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 1.78
Altman Z-score · distress zone, below 1.8
- Interest cover
- 1.33×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ1 2026
- $304M
- Cash and short-term investments
- $501M
- Net cash
- $198M
- EBITDA, trailing twelve months
- $232M
- Operating profit, trailing twelve months
- $44M
- Debt / equity
- 0.20×
- Total debt / EBITDA
- 1.31×
- Annualised volatilitytwo years of daily moves
- 47%
- Worst drawdown on file
- −91%
- Below its 52-week high
- 0.00%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #24 of 24 by Smart Score