Bristow Group Inc (VTOL)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 512,909 | — |
| Total stockholders’ equity | US$ in thousands | 891,707 | 823,687 | 787,307 | 835,815 | 835,815 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.38 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $891,707K)
= 0.00
The debt-to-capital ratio of Bristow Group Inc has shown stability and favorable levels over the years based on the provided data. As of December 31, 2021, the company reported a debt-to-capital ratio of 0.00, indicating that it had no debt relative to its total capital at that time. However, by March 31, 2022, the ratio increased to 0.38, suggesting that the company had taken on debt, which accounted for 38% of its total capital.
Subsequently, for the years ending December 31, 2022, December 31, 2023, and December 31, 2024, the debt-to-capital ratio reverted back to 0.00, signaling a return to a debt-free position relative to the total capital structure. This indicates that the company effectively managed its debt levels during this period and maintained a strong financial position.
Overall, the fluctuation in the debt-to-capital ratio demonstrates the company's ability to adjust its capital structure as needed while retaining a healthy balance between debt and equity financing. It is essential for investors and stakeholders to monitor these ratios to assess the company's financial health and risk profile.