Helios Technologies, Inc. (HLIO) Balance Sheet
HLIO balance sheet, 2025
December 31, 2025 · U.S. dollars$1.51B assets = $583.0M liabilities + $931.5M equity
Both columns are drawn to the same scale: what HLIO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HLIO financial health
Descriptive bands, not a rating. Fiscal 2025.
HLIO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $444.8M2016 | $1.51B2025 | +14.6%/yr | |
| Total liabilities | $208.4M2016 | $583.0M2025 | +12.1%/yr | |
| Shareholders’ equity | $236.4M2016 | $931.5M2025 | +16.5%/yr | |
| Cash & short-term investments | $81.0M2016 | $73.0M2025 | −1.2%/yr | |
| Total debt | $140.0M2016 | $110.9M2025 | −2.6%/yr | |
| Net cash (debt) | −$59.0M2016 | −$37.9M2025 | +$21.1M | |
| Working capital | $110.2M2016 | $271.7M2025 | +$161.5M | |
| Book value per share | $8.792016 | $27.972025 | +13.7%/yr | |
| Current ratio | 4.552016 | 2.902025 | −1.65 | |
| Debt / equity | 0.592016 | 0.122025 | −0.47 | |
| Shares outstanding | 26.9M2016 | 33.3M2025 | +2.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HLIO assets
HLIO liabilities and equity
HLIO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HLIO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $73.0M | $44.1M | $32.4M | $43.7M | $28.5M | $25.2M | $22.1M | $23.5M | $63.9M | $81.0M |
| Cash & equivalents | $73.0M | $44.1M | $32.4M | $43.7M | $28.5M | $25.2M | $22.1M | $23.5M | $63.9M | $74.2M |
| Short-term investments | — | — | — | — | — | — | — | $0 | $0 | $6.8M |
| Receivables | $116.0M | $119.7M | $118.6M | $128.9M | $136.8M | $100.4M | $69.5M | $75.7M | $37.5M | $26.2M |
| Inventory | $188.6M | $190.1M | $215.1M | $191.6M | $165.6M | $110.4M | $85.2M | $86.0M | $41.5M | $30.0M |
| Other current assets | $37.3M | $30.3M | $30.6M | $24.3M | $20.7M | $18.0M | $15.8M | $11.7M | $3.8M | $4.0M |
| Total current assets | $414.9M | $384.2M | $396.7M | $388.5M | $351.6M | $254.0M | $192.6M | $196.9M | $146.8M | $141.3M |
| Property, plant & equipment (net) | $206.6M | $216.4M | $227.9M | $175.7M | $174.2M | $163.2M | $145.9M | $126.9M | $91.9M | $80.5M |
| Goodwill & intangible assets | $868.0M | $882.9M | $940.4M | $879.7M | $872.7M | $862.9M | $672.2M | $703.7M | $213.0M | $216.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $25.0M | $21.9M | $25.4M | $19.8M | $16.8M | $16.9M | $11.1M | $14.8M | $8.1M | $6.8M |
| Total assets | $1.51B | $1.51B | $1.59B | $1.46B | $1.42B | $1.30B | $1.02B | $1.04B | $459.8M | $444.8M |
| Liabilities | ||||||||||
| Accounts payable | $75.6M | $56.7M | $70.3M | $73.7M | $85.3M | $59.5M | $29.7M | $40.9M | $15.5M | $10.2M |
| Short-term debt | $5.4M | $20.4M | $27.2M | $24.8M | $24.0M | $21.0M | $10.8M | $5.2M | $0 | $0 |
| Deferred revenue | — | $2.7M | $2.1M | $1.6M | $4.4M | $4.2M | $38.3M | $28.8M | $4.7M | — |
| Total current liabilities | $143.2M | $138.6M | $144.9M | $152.3M | $169.6M | $128.0M | $76.5M | $93.0M | $45.9M | $31.1M |
| Long-term debt | $361.7M | $430.5M | $498.1M | $425.5M | $242.3M | $255.9M | $208.7M | $347.5M | $116.0M | $140.0M |
| Other long-term liabilities | $78.1M | $71.9M | $92.8M | $91.0M | $294.4M | $305.3M | $159.0M | $70.9M | $25.2M | $37.3M |
| Total liabilities | $583.0M | $641.0M | $735.8M | $668.8M | $706.3M | $689.2M | $444.1M | $511.4M | $187.1M | $208.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | $32,000 | $32,000 | $32,000 | $32,000 | $27,000 | $27,000 |
| Retained earnings (deficit) | $539.1M | $502.6M | $475.6M | $450.0M | $363.3M | $270.3M | $267.7M | $219.1M | $183.8M | $162.5M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$36.9M | −$75.6M | −$55.4M | −$59.4M | −$48.9M | −$34.3M | −$55.4M | −$46.3M | −$6.5M | −$15.8M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $931.5M | $864.4M | $854.6M | $794.9M | $709.0M | $607.8M | $577.6M | $530.8M | $272.7M | $236.4M |
| Key figures | ||||||||||
| Total debt | $110.9M | $471.2M | $548.5M | $464.8M | $471.3M | $487.2M | $318.7M | $352.7M | $116.0M | $140.0M |
| Net cash (debt) | −$37.9M | −$427.1M | −$516.1M | −$421.1M | −$442.8M | −$462.0M | −$296.5M | −$329.2M | −$52.1M | −$59.0M |
| Working capital | $271.7M | $245.6M | $251.8M | $236.2M | $182.0M | $126.0M | $116.1M | $103.9M | $100.9M | $110.2M |
| Tangible book value | $63.5M | −$18.5M | −$85.8M | −$84.8M | −$163.7M | −$255.1M | −$94.6M | −$172.9M | $59.7M | $20.2M |
| Book value per share | $27.97 | $25.96 | $25.90 | $24.38 | $21.83 | $18.94 | $18.04 | $16.95 | $10.09 | $8.79 |
| Shares outstanding | 33.3M | 33.3M | 33.0M | 32.6M | 32.5M | 32.1M | 32.0M | 31.3M | 27.0M | 26.9M |
| Current ratio | 2.90 | 2.77 | 2.74 | 2.55 | 2.07 | 1.98 | 2.52 | 2.12 | 3.20 | 4.55 |
| Quick ratio | 1.32 | 1.18 | 1.04 | 1.13 | 0.97 | 0.98 | 1.20 | 1.07 | 2.21 | 3.45 |
| Debt / equity | 0.12 | 0.55 | 0.64 | 0.58 | 0.66 | 0.80 | 0.55 | 0.66 | 0.43 | 0.59 |
| Equity / assets | 61.5% | 57.4% | 53.7% | 54.3% | 50.1% | 46.9% | 56.5% | 50.9% | 59.3% | 53.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $68.0M | $64.2M | $73.0M | $54.9M | $53.0M | $45.9M | $44.1M | $46.7M | $45.0M | $37.3M | $32.4M | $35.2M |
| Cash & equivalents | $68.0M | $64.2M | $73.0M | $54.9M | $53.0M | $45.9M | $44.1M | $46.7M | $45.0M | $37.3M | $32.4M | $35.2M |
| Receivables | $150.3M | $146.9M | $116.0M | $133.7M | $132.9M | $121.1M | $108.8M | $120.8M | $132.6M | $126.5M | $118.6M | $131.2M |
| Inventory | $194.0M | $190.9M | $188.6M | $185.4M | $187.2M | $189.7M | $190.1M | $199.2M | $206.3M | $213.9M | $215.1M | $208.7M |
| Other current assets | $26.4M | $24.9M | $37.3M | $75.0M | $66.0M | $39.3M | $41.2M | $39.2M | $38.7M | $31.6M | $30.6M | $35.1M |
| Total current assets | $438.7M | $426.9M | $414.9M | $449.0M | $439.1M | $396.0M | $384.2M | $405.9M | $422.6M | $409.3M | $396.7M | $410.2M |
| Property, plant & equipment (net) | $209.6M | $206.6M | $206.6M | $207.6M | $208.2M | $216.8M | $216.4M | $223.7M | $223.6M | $224.4M | $227.9M | $220.3M |
| Goodwill & intangible assets | $841.8M | $852.6M | $868.0M | $887.8M | $909.3M | $902.2M | $894.0M | $932.1M | $921.2M | $931.6M | $949.4M | $937.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $25.9M | $25.6M | $25.0M | $11.4M | $25.1M | $11.3M | $10.8M | $10.0M | $13.5M | $18.3M | $16.4M | $22.8M |
| Total assets | $1.52B | $1.51B | $1.51B | $1.56B | $1.58B | $1.53B | $1.51B | $1.57B | $1.58B | $1.58B | $1.59B | $1.59B |
| Liabilities | ||||||||||||
| Accounts payable | $87.9M | $86.9M | $75.6M | $73.9M | $74.9M | $62.0M | $56.7M | $56.9M | $67.4M | $67.7M | $70.3M | $65.0M |
| Short-term debt | — | — | $5.4M | $22.8M | $29.2M | $21.8M | $20.4M | $22.3M | $22.0M | $28.3M | $27.2M | $25.9M |
| Deferred revenue | — | — | — | — | — | — | — | $4.6M | $9.0M | $5.3M | $2.1M | — |
| Total current liabilities | $159.9M | $149.5M | $143.2M | $153.2M | $179.0M | $142.7M | $138.6M | $134.0M | $144.7M | $144.8M | $144.9M | $136.3M |
| Long-term debt | $331.5M | $348.5M | $361.7M | $400.6M | $408.8M | $426.7M | $430.5M | $462.4M | $482.1M | $494.8M | $498.1M | $522.1M |
| Other long-term liabilities | $76.3M | $77.3M | $78.1M | $84.1M | $82.2M | $75.7M | $71.9M | $89.8M | $87.6M | $87.4M | $92.8M | $90.2M |
| Total liabilities | $567.7M | $575.3M | $583.0M | $637.9M | $670.0M | $645.1M | $641.0M | $686.2M | $714.4M | $727.0M | $735.8M | $748.6M |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | $572.7M | $554.8M | $539.1M | $522.6M | $515.2M | $506.9M | $502.6M | $500.8M | $492.4M | $481.8M | $475.6M | $475.3M |
| Accumulated other comprehensive income | −$48.2M | −$45.4M | −$36.9M | −$37.4M | −$37.7M | −$64.5M | −$75.6M | −$51.3M | −$65.6M | −$62.5M | −$55.4M | −$64.9M |
| Total shareholders' equity | $948.3M | $936.4M | $931.5M | $917.9M | $911.7M | $881.2M | $864.4M | $885.5M | $866.5M | $856.6M | $854.6M | $842.0M |
| Key figures | ||||||||||||
| Total debt | $15.0M | $103.7M | $110.9M | $437.4M | $452.5M | $467.8M | $471.2M | $506.3M | $525.3M | $545.2M | $548.5M | $567.3M |
| Net cash (debt) | $53.0M | −$39.5M | −$37.9M | −$382.5M | −$399.5M | −$421.9M | −$427.1M | −$459.6M | −$480.3M | −$507.9M | −$516.1M | −$532.1M |
| Working capital | $278.8M | $277.4M | $271.7M | $295.8M | $260.1M | $253.3M | $245.6M | $271.9M | $277.9M | $264.5M | $251.8M | $273.9M |
| Tangible book value | $106.5M | $83.8M | $63.5M | $30.1M | $2.4M | −$21.0M | −$29.6M | −$46.6M | −$54.7M | −$75.0M | −$94.8M | −$95.3M |
| Book value per share | $28.56 | $28.12 | $28.06 | $27.56 | $27.38 | $26.38 | $25.88 | $26.67 | $26.02 | $25.72 | $25.82 | $25.44 |
| Shares outstanding | 33.2M | 33.3M | 33.2M | 33.3M | 33.3M | 33.4M | 33.4M | 33.2M | 33.3M | 33.3M | 33.1M | 33.1M |
| Current ratio | 2.74 | 2.86 | 2.90 | 2.93 | 2.45 | 2.78 | 2.77 | 3.03 | 2.92 | 2.83 | 2.74 | 3.01 |
| Quick ratio | 1.37 | 1.41 | 1.32 | 1.23 | 1.04 | 1.17 | 1.10 | 1.25 | 1.23 | 1.13 | 1.04 | 1.22 |
| Debt / equity | 0.02 | 0.11 | 0.12 | 0.48 | 0.50 | 0.53 | 0.55 | 0.57 | 0.61 | 0.64 | 0.64 | 0.67 |
| Equity / assets | 62.6% | 61.9% | 61.5% | 59.0% | 57.6% | 57.7% | 57.4% | 56.3% | 54.8% | 54.1% | 53.7% | 52.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 3, 2026); data from EODHD.
HLIO financial position
At the end of fiscal 2025 (December 31, 2025), Helios Technologies had total assets of $1.5 billion (up 0.6% from a year earlier), total liabilities of $583.0 million and shareholders' equity of $931.5 million. It held $73.0 million in cash and short-term investments against $110.9 million of debt, net debt of $37.9 million. Its current ratio was 2.90. In the latest quarter (ended June 30, 2026) total assets were $1.5 billion and equity $948.3 million.
Related: HLIO income statement, HLIO cash flow statement, HLIO key metrics. See the HLIO stock overview for the latest quote and news.
HLIO balance sheet FAQ
What are Helios Technologies's total assets?
Helios Technologies reported total assets of $1.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.5 billion a year earlier.
How much debt does Helios Technologies have?
Helios Technologies had $110.9 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.12.
How much cash does Helios Technologies have?
Helios Technologies held $73.0 million in cash and short-term investments at the end of fiscal 2025; with $110.9 million of debt that is net debt of $37.9 million.
What is Helios Technologies's book value?
Helios Technologies's shareholders' equity (book value) was $931.5 million at the end of fiscal 2025, or $27.97 per share.
What is Helios Technologies's current ratio?
Helios Technologies had current assets of $414.9 million and current liabilities of $143.2 million, a current ratio of 2.90 (it can cover its short-term obligations).
How much goodwill does Helios Technologies have?
Helios Technologies carried $868.0 million of goodwill and intangible assets, 57.3% of total assets, at the end of fiscal 2025.