Helix Acquisition II (Helix Acquisition II) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Helix Acquisition II Debt-to-Equity?

Helix Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Helix Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Helix Acquisition II's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $181.99 Mil. Helix Acquisition II's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Helix Acquisition II's Debt-to-Equity or its related term are showing as below:

During the past 3 years, the highest Debt-to-Equity Ratio of Helix Acquisition II was -1.09. The lowest was -2.06. And the median was -1.96.

HLXB's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Helix Acquisition II Debt-to-Equity Historical Data

The historical data trend for Helix Acquisition II's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

Helix Acquisition II Debt-to-Equity Chart

Helix Acquisition II Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-2.06

-1.96

-1.09

Helix Acquisition II Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			-1.96	N/A	-1.96	-1.09	-

Competitive Comparison of Helix Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, Helix Acquisition II's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Helix Acquisition II's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Helix Acquisition II's Debt-to-Equity falls into.

Helix Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Helix Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.07	+	0)	/	-0.064
	=	-1.09

Helix Acquisition II's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	181.985
	=	0.00

Helix Acquisition II (NAS:HLXB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Helix Acquisition II Debt-to-Equity Related Terms

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Helix Acquisition II (Helix Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Helix Acquisition Corp II (NAS:HLXB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116

Website

Helix Acquisition Corp II is a Blank check company.

Helix Acquisition II (Helix Acquisition II) Headlines

From GuruFocus

Helix Acquisition Corp. II Announces Pricing of Upsized $160 Million Initial Public Offering

By Business Wire • 02-12-2024