Helix Energy Solutions Group, Inc. (HLX) financial statements (2021 and earlier)

Company profile

Business Address 3505 W SAM HOUSTON NORTH
HOUSTON, TX 77043
State of Incorp. MN
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments291259178159208286261
Cash and cash equivalents291259178159208286261
Restricted cash and investments  425254  
Receivables132158166147769280
Other current assets1021049272506278
Other undisclosed current assets    507371
Total current assets:526521478431438512490
Noncurrent Assets
Operating lease, right-of-use asset150162175188201213227
Property, plant and equipment1,7831,7761,7791,8101,8731,7981,804
Other noncurrent assets40465286859099
Total noncurrent assets:1,9731,9842,0062,0842,1582,1012,130
TOTAL ASSETS:2,4982,5052,4852,5142,5972,6142,620
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities137151152136131151161
Accounts payable50667190697977
Accrued liabilities87858045627285
Debt917382144154161171
Other undisclosed current liabilities525253    
Total current liabilities:279277287280285312333
Noncurrent Liabilities
Long-term debt and lease obligation360397430441458470486
Long-term debt, excluding current maturities259284305304306305307
Operating lease, liability101113125137152165179
Liabilities, other than long-term debt115123110141393941
Deferred income tax liabilities111118104105   
Other liabilities45636393941
Other undisclosed noncurrent liabilities    112110108
Total noncurrent liabilities:475520540582609619636
Total liabilities:754796827862894931968
Temporary equity, carrying amount4433333
Stockholders' equity
Stockholders' equity attributable to parent1,7401,7051,6551,6491,7001,6791,648
Common stock1,3281,3261,3191,3161,3191,3171,314
Accumulated other comprehensive loss(52)(81)(100)(98)(65)(75)(72)
Retained earnings465460436431445437406
Total stockholders' equity:1,7401,7051,6551,6491,7001,6791,648
TOTAL LIABILITIES AND EQUITY:2,4982,5052,4852,5142,5972,6142,620

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues160193199181171213202
Cost of revenue(146)(159)(170)(179)(144)(158)(162)
Gross profit:1435302275540
Operating expenses(13)(16)(15)(23)(21)(16)(17)
Operating income (loss):11914(21)63923
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
89(2)(10)4(2)(1)
Interest and debt expense(8)1(7)(7)(8)(8)(8)
Income (loss) from continuing operations before equity method investments, income taxes:1295(39)22914
Income (loss) from equity method investments0(0)(0)(0)2(0)(0)
Other undisclosed income from continuing operations before income taxes0104666
Income (loss) from continuing operations before income taxes:2305(35)93520
Income tax expense (benefit)3(5)021(1)(4)(3)
Net income (loss):4245(14)83217
Net income attributable to noncontrolling interest00 2000
Net income (loss) attributable to parent:4245(12)83217
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0) (0)(0)(0)
Other undisclosed net loss available to common stockholders, basic(2)      
Net income (loss) available to common stockholders, diluted:2245(12)83117

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):4245(14)83217
Other comprehensive income (loss)2919(2)(33)10(4)(2)
Comprehensive income (loss):33444(47)182815
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)02(0)00
Comprehensive income (loss), net of tax, attributable to parent:33444(45)182815

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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