Bristow Group Inc (VTOL)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 59,429 | 46,761 | 37,024 | -17,561 |
| Long-term debt | US$ in thousands | — | — | — | 512,909 | — |
| Total stockholders’ equity | US$ in thousands | 891,707 | 823,687 | 787,307 | 835,815 | 835,815 |
| Return on total capital | 0.00% | 7.21% | 5.94% | 2.75% | -2.10% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $891,707K)
= 0.00%
The return on total capital for Bristow Group Inc has shown varying trends over the years. As of December 31, 2021, the return on total capital was negative at -2.10%, indicating that the company's capital investments did not generate a positive return during that period.
However, there was an improvement in the return on total capital by March 31, 2022, which increased to 2.75%. This suggests that the company's capital investments started yielding a positive return in the following quarter.
Subsequently, by December 31, 2022, the return on total capital further improved to 5.94%, indicating a positive trend in the company's capital efficiency. This trend continued into December 31, 2023, with a return on total capital of 7.21%, reflecting even better utilization of the company's capital resources.
However, by the end of December 31, 2024, the return on total capital dropped back to 0.00%, which could be a cause for concern as it suggests that the company may not have efficiently utilized its capital investments that year.
Overall, the return on total capital for Bristow Group Inc has shown fluctuations over the years, with periods of improvement and decline. It would be beneficial for the company to focus on maintaining and increasing its return on total capital to ensure sustainable growth and profitability.