Bristow Group Inc (VTOL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.61 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $891,707K
= 0.00
The debt-to-equity ratio of Bristow Group Inc has shown varying trends over the years based on the provided data. As of December 31, 2021, the company had a debt-to-equity ratio of 0.00, indicating that there was no debt on the company's balance sheet relative to its equity.
However, by March 31, 2022, the debt-to-equity ratio increased to 0.61, suggesting that the company had taken on debt in relation to its equity. This could indicate a potential shift in the company's capital structure towards more leverage.
Subsequently, the debt-to-equity ratio reverted back to 0.00 by December 31, 2022, and remained at 0.00 for the following years up to December 31, 2024. This indicates that the company returned to a debt-free position, eliminating the debt taken on earlier.
Overall, the fluctuation in the debt-to-equity ratio suggests that Bristow Group Inc has made strategic decisions regarding its debt levels and capital structure over the years, possibly in response to changing business conditions or financial strategies.