Bristow Group Inc (VTOL)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,125,250 | 2,088,310 | 1,977,260 | 1,915,780 | 1,937,280 | 1,889,690 | 1,895,950 | 1,898,520 | 1,812,000 | 1,763,340 | 1,842,370 | 1,824,280 | 1,864,790 | 1,861,240 | 1,913,650 | 1,992,270 | 2,135,780 | 2,212,380 | 2,251,790 | 752,510 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,125,250K
= 0.00
The debt-to-assets ratio for Bristow Group Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to fund its operations or investments, and its assets are primarily financed by equity. A debt-to-assets ratio of 0.00 signifies a low financial risk for the company, as it suggests that all of the company's assets are financed through equity, which can be viewed positively by investors and creditors. However, it is important to note that a very low debt-to-assets ratio may also indicate that the company is not leveraging debt effectively to potentially optimize its capital structure or take advantage of tax benefits associated with debt financing.