Bristow Group Inc (VTOL)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 891,707 | 899,170 | 849,116 | 820,691 | 823,687 | 795,541 | 813,325 | 798,838 | 787,307 | 769,232 | 793,786 | 835,815 | 844,703 | 839,610 | 862,709 | 897,613 | 979,624 | 1,010,520 | 1,029,510 | 449,650 |
| Debt-to-capital 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-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 consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt relative to its capital, implying that the company is not relying on borrowed funds to finance its operations or growth. This can be viewed positively as it suggests lower financial risk and a strong financial position, as the company is not burdened by significant debt obligations. However, it's important to note that having a debt-to-capital ratio of 0.00 does not necessarily mean there is no debt at all, as there may be off-balance sheet liabilities or other financial obligations not captured in this ratio. Overall, the stable and low debt-to-capital ratio of Bristow Group Inc over the analyzed period reflects a conservative approach to leverage and financial management.