Helmerich and Payne Inc (HP) - Total Assets
Based on the latest financial reports, Helmerich and Payne Inc (HP) holds total assets worth $6.71 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Helmerich and Payne Inc net assets for net asset value and shareholders' equity analysis.
Helmerich and Payne Inc - Total Assets Trend (1985–2025)
This chart illustrates how Helmerich and Payne Inc's total assets have evolved over time, based on quarterly financial data.
Helmerich and Payne Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Helmerich and Payne Inc's total assets of $6.71 Billion consist of 21.9% current assets and 78.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $196.85 Million | 3.3% |
| Accounts Receivable | $782.64 Million | 11.7% |
| Inventory | $324.33 Million | 4.8% |
| Property, Plant & Equipment | $4.44 Billion | 66.2% |
| Intangible Assets | $485.54 Million | 7.2% |
| Goodwill | $182.85 Million | 2.7% |
Asset Composition Trend (1985–2025)
This chart illustrates how Helmerich and Payne Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see HP company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Helmerich and Payne Inc's current assets represent 21.9% of total assets in 2025, a decrease from 24.6% in 1985.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2025, down from 15.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 66.2% of total assets.
Helmerich and Payne Inc Competitors by Total Assets
Key competitors of Helmerich and Payne Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Deep Value Driller AS
OL:DVD
|
Norway | Nkr112.30 Million |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.80 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.75 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$435.01 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$378.65 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$131.43 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥78.22 Billion |
Helmerich and Payne Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.80 | 2.67 | 4.17 |
| Quick Ratio | 1.40 | 2.40 | 3.74 |
| Cash Ratio | 0.24 | 0.49 | 0.00 |
| Working Capital | $650.64 Million | $745.12 Million | $724.46 Million |
Helmerich and Payne Inc - Advanced Valuation Insights
This section examines the relationship between Helmerich and Payne Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.13 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | 16.0% |
| Total Assets | $6.71 Billion |
| Market Capitalization | $3.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Helmerich and Payne Inc's assets below their book value (0.45x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Helmerich and Payne Inc's assets grew by 16.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Helmerich and Payne Inc (1985–2025)
The table below shows the annual total assets of Helmerich and Payne Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $6.71 Billion | +15.98% |
| 2024-09-30 | $5.78 Billion | +30.24% |
| 2023-09-30 | $4.44 Billion | +0.66% |
| 2022-09-30 | $4.41 Billion | -12.39% |
| 2021-09-30 | $5.03 Billion | +4.23% |
| 2020-09-30 | $4.83 Billion | -17.29% |
| 2019-09-30 | $5.84 Billion | -6.04% |
| 2018-09-30 | $6.21 Billion | -3.50% |
| 2017-09-30 | $6.44 Billion | -5.74% |
| 2016-09-30 | $6.83 Billion | -4.47% |
| 2015-09-30 | $7.15 Billion | +6.40% |
| 2014-09-30 | $6.72 Billion | +7.30% |
| 2013-09-30 | $6.26 Billion | +9.50% |
| 2012-09-30 | $5.72 Billion | +14.33% |
| 2011-09-30 | $5.00 Billion | +17.31% |
| 2010-09-30 | $4.27 Billion | +2.51% |
| 2009-09-30 | $4.16 Billion | +15.97% |
| 2008-09-30 | $3.59 Billion | +24.35% |
| 2007-09-30 | $2.89 Billion | +35.16% |
| 2006-09-30 | $2.13 Billion | +28.34% |
| 2005-09-30 | $1.66 Billion | +18.23% |
| 2004-09-30 | $1.41 Billion | -0.64% |
| 2003-09-30 | $1.42 Billion | +15.36% |
| 2002-09-30 | $1.23 Billion | -10.05% |
| 2001-09-30 | $1.36 Billion | +8.34% |
| 2000-09-30 | $1.26 Billion | +13.50% |
| 1999-09-30 | $1.11 Billion | +1.77% |
| 1998-09-30 | $1.09 Billion | +5.50% |
| 1997-09-30 | $1.03 Billion | +25.76% |
| 1996-09-30 | $821.90 Million | +15.73% |
| 1995-09-30 | $710.20 Million | +13.67% |
| 1994-09-30 | $624.80 Million | +2.28% |
| 1993-09-30 | $610.90 Million | +4.34% |
| 1992-09-30 | $585.50 Million | +1.79% |
| 1991-09-30 | $575.20 Million | -1.32% |
| 1990-09-30 | $582.90 Million | -1.40% |
| 1989-09-30 | $591.20 Million | +2.55% |
| 1988-09-30 | $576.50 Million | +0.91% |
| 1987-09-30 | $571.30 Million | +1.44% |
| 1986-09-30 | $563.20 Million | -8.57% |
| 1985-09-30 | $616.00 Million | -- |
About Helmerich and Payne Inc
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations … Read more