Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Helix Energy Solutions Group's
Operating Income
for the
three
months ended in Mar. 2026 was €-12 Mil. Helix Energy Solutions Group's Interest Expense for the
three
months ended in Mar. 2026 was €-7 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Helix Energy Solutions Group's Interest Coverage or its related term are showing as below:
FRA:CTV'
s Interest Coverage Range Over the Past 10 Years
Min: 0.64 Med: 3.4 Max: 6.22
Current: 1.87
FRA:CTV's Interest Coverage is ranked worse than 80.91% of 728
companies
in the Oil & Gas industry
Industry Median: 5.84
vs FRA:CTV: 1.87
Helix Energy Solutions Group (FRA:CTV) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Helix Energy Solutions Group Interest Coverage Related Terms
Helix Energy Solutions Group Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Helix Energy Solutions Group Interest Coverage Chart
FRA:CTV vs WBI, RES, VTOL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Helix Energy Solutions Group's Interest Coverage falls into.
Helix Energy Solutions Group Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Helix Energy Solutions Group did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Helix Energy Solutions Group (FRA:CTV) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Helix Energy Solutions Group and its competitors. Over the past decade, Helix Energy Solutions Group's Interest Coverage has ranged from 0.64 to 6.22. According to the industry distribution chart, Helix Energy Solutions Group ranks #589 out of 728 companies in the Oil & Gas industry, placing it in the top 80.9%.
Is Helix Energy Solutions Group's Interest Coverage too high?
Helix Energy Solutions Group's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 6.22. Based on the distribution chart, Helix Energy Solutions Group ranks #589 out of 728 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Helix Energy Solutions Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helix Energy Solutions Group's Interest Coverage compare to WBI and RES?
According to the Oil & Gas industry distribution chart, Helix Energy Solutions Group ranks #589 out of 728 companies for Interest Coverage. This places Helix Energy Solutions Group in the lower half of its industry. The industry median Interest Coverage is 5.84. Historically, Helix Energy Solutions Group's own Interest Coverage has ranged from 0.64 to 6.22 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Helix Energy Solutions Group and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current Interest Coverage is 0 (At Loss). 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 Modestly Undervalued. The stock's GF Value™ is €8.36, compared to a current price of €7.46 — trading 10.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Helix Energy Solutions Group (FRA:CTV), the current Interest Coverage is 0 (At Loss) 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 €7.46 is trading 10.8% below its estimated GF Value™ of €8.36.
GuruFocus considers Helix Energy Solutions Group to be Modestly Undervalued.
Key valuation signals for FRA:CTV:
Interest Coverage: 0 (At Loss)
GF Value™: €8.36 vs. price of €7.46 (10.8% below fair value)
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
Get the complete analysis for FRA:CTV
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