The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Helix Energy Solutions Group's current ratio for the quarter that ended in Mar. 2026 was 2.92.
Helix Energy Solutions Group has a current ratio of 2.92. It generally indicates good short-term financial strength.
The historical rank and industry rank for Helix Energy Solutions Group's Current Ratio or its related term are showing as below:
FRA:CTV'
s Current Ratio Range Over the Past 10 Years
Min: 1.34 Med: 2 Max: 3.38
Current: 2.92
During the past 13 years, Helix Energy Solutions Group's highest Current Ratio was 3.38. The lowest was 1.34. And the median was 2.00.
FRA:CTV's Current Ratio is ranked better than 80.22% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.35
vs FRA:CTV: 2.92
Helix Energy Solutions Group (FRA:CTV) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Helix Energy Solutions Group Current Ratio Related Terms
Helix Energy Solutions Group Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:CTV vs WBI, RES, VTOL: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Helix Energy Solutions Group Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Helix Energy Solutions Group's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Helix Energy Solutions Group (FRA:CTV) has a Current Ratio of 2.92 as of Mar. 2026. This is 46% above median its historical median of 2.00. Over the past decade, Helix Energy Solutions Group's Current Ratio has ranged from 1.34 to 3.38. According to the industry distribution chart, Helix Energy Solutions Group ranks #200 out of 1011 companies in the Oil & Gas industry, placing it in the top 19.8%.
Is Helix Energy Solutions Group's Current Ratio too high?
Helix Energy Solutions Group's current Current Ratio of 2.92 is 46% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 3.38. The Oil & Gas industry median Current Ratio is 1.35. Helix Energy Solutions Group's value of 2.92 is 116.3% above this industry median. Based on the distribution chart, Helix Energy Solutions Group ranks #200 out of 1011 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Helix Energy Solutions Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Helix Energy Solutions Group's Current Ratio compare to WBI and RES?
According to the Oil & Gas industry distribution chart, Helix Energy Solutions Group ranks #200 out of 1011 companies for Current Ratio. This places Helix Energy Solutions Group in the top 20% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Helix Energy Solutions Group's value of 2.92 is 116.3% above this benchmark. Historically, Helix Energy Solutions Group's own Current Ratio has ranged from 1.34 to 3.38 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.35, Helix Energy Solutions Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Helix Energy Solutions Group's current Current Ratio of 2.92 is 116.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current Current Ratio is 2.92, which is 46% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helix Energy Solutions Group stock overvalued right now?
Based on GuruFocus' analysis, Helix Energy Solutions Group (FRA:CTV) is currently considered Fairly Valued. The stock's GF Value™ is €8.29, compared to a current price of €7.51 — trading 9.4% below its estimated fair value. The current Current Ratio is 2.92, which is 46% above median its 10-year median of 2.00 and 116.3% above the Oil & Gas industry median of 1.35. Helix Energy Solutions Group's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Helix Energy Solutions Group (FRA:CTV), the current Current Ratio is 2.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Helix Energy Solutions Group (FRA:CTV) Overvalued in 2026?
Based on GuruFocus' analysis, Helix Energy Solutions Group stock appears to be undervalued.
The current stock price of €7.51 is trading 9.4% below its estimated GF Value™ of €8.29.
GuruFocus considers Helix Energy Solutions Group to be Fairly Valued.
Key valuation signals for FRA:CTV:
Current Ratio: 2.92 (46% above median its 10-year median of 2.00)
GF Value™: €8.29 vs. price of €7.51 (9.4% below fair value)
Industry Position: 116.3% above the Oil & Gas median (#200 of 1011)
No single metric tells the full story. See the FRA:CTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. The Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S., and it also has its presence in North Sea, Brazil, Asia Pacific, West Africa, and Other.
81GF Score
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