Bristow Group (Bristow Group) Debt-to-Equity : 1.02 (As of Dec. 2023)

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What is Bristow Group Debt-to-Equity?

Bristow Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $89 Mil. Bristow Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $750 Mil. Bristow Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $824 Mil. Bristow Group's debt to equity for the quarter that ended in Dec. 2023 was 1.02.

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 Bristow Group's Debt-to-Equity or its related term are showing as below:

VTOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 0.95 Max: 2.03
Current: 1.02

During the past 5 years, the highest Debt-to-Equity Ratio of Bristow Group was 2.03. The lowest was 0.86. And the median was 0.95.

VTOL's Debt-to-Equity is ranked worse than
75.51% of 833 companies
in the Oil & Gas industry
Industry Median: 0.44 vs VTOL: 1.02

Bristow Group Debt-to-Equity Historical Data

The historical data trend for Bristow Group'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.

Bristow Group Debt-to-Equity Chart

Bristow Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Dec23

Debt-to-Equity

N/A

2.03

0.88

0.86

1.02

Bristow Group Quarterly Data
	Mar19	Jun19	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.86	1.07	1.04	1.04	1.02

Competitive Comparison of Bristow Group's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Bristow Group'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.

Bristow Group's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bristow Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bristow Group's Debt-to-Equity falls into.

Bristow Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bristow Group'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
	=	(88.535	+	749.78)	/	823.687
	=	1.02

Bristow Group's Debt to Equity Ratio for the quarter 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
	=	(88.535	+	749.78)	/	823.687
	=	1.02

Bristow Group (NYSE:VTOL) 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.

Bristow Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bristow Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Bristow Group (Bristow Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bristow Group Inc (NYSE:VTOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042

Website

https://www.bristowgroup.com

Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.

Executives

Solus Alternative Asset Management Lp	10 percent owner	25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Wesley E. Kern	director	5004 GREGORY PLACE, WEST LAKE HILLS TX 78746
Jennifer Dawn Whalen	officer: SVP, CFO	13103 SHOALWATER LANE, PEARLAND TX 77584
David F. Stepanek	officer: Executive VP and COO	2001 SE EVANGELINE THRUWAY, LAFAYETTE LA 70508
Stuart Stavley	officer: COO, Offshore Energy Services	CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 77024
Elizabeth Matthews	officer: See remarks.	3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042
Brian D. Truelove	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Scott Bradshaw	director, officer: President and CEO	CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 33316
George Mark Mickelson	director	101 N. MAIN AVENUE, STE. 321, SIOUX FALLS SD 57104
Solus Gp Llc	10 percent owner	C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Christopher Pucillo	director, 10 percent owner	C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Richard E Tatum	officer: VP, Chief Accounting Officer	11700 KATY FREEWAY, SUITE 175, HOUSTON TX 77079
Robert Manzo	director	PARK 80 W PLZ 2, SADDLE BROOK NJ 07663
Crystal L Gordon	officer: SVP, General Counsel	945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
Maryanne Miller	director	3151 BRIARPARK DRIVE, SUITE 700, HOUSTON TX 77042