Bristow Group Inc (VTOL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,125,250 | 1,937,280 | 1,812,000 | 1,824,280 | 1,824,280 |
| Total stockholders’ equity | US$ in thousands | 891,707 | 823,687 | 787,307 | 835,815 | 835,815 |
| Financial leverage ratio | 2.38 | 2.35 | 2.30 | 2.18 | 2.18 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,125,250K ÷ $891,707K
= 2.38
The financial leverage ratio of Bristow Group Inc has shown a slightly increasing trend over the years. As of December 31, 2021, the financial leverage ratio was 2.18, remaining constant at the same level on March 31, 2022, and then gradually increasing to 2.30 by December 31, 2022. Subsequently, the ratio continued to rise to 2.35 by the end of December 31, 2023, and further increased to 2.38 by the end of December 31, 2024.
This increasing trend in the financial leverage ratio indicates that the company's reliance on debt to finance its operations and investments has been growing over the years. While the specific implications of this trend may vary based on the company's overall financial health and industry dynamics, a consistently increasing financial leverage ratio could potentially expose the company to higher financial risk, especially in periods of economic downturn or rising interest rates. It is important for investors and stakeholders to closely monitor this trend and assess its impact on the company's financial stability and long-term growth prospects.