Bristow Group Inc (VTOL)

Financial leverage 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
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
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
Financial leverage ratio		2.38	2.32	2.33	2.33	2.35	2.38	2.33	2.38	2.30	2.29	2.32	2.18	2.21	2.22	2.22	2.22	2.18	2.19	2.19	1.67

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 gradual increase over the past few years, indicating a rise in the company's reliance on debt to finance its operations. The ratio has ranged from 1.67 to 2.38 over the period from March 31, 2020, to December 31, 2024, with the latest reported ratio being 2.38 as of December 31, 2024. This suggests that for every dollar of equity, the company has $2.38 of debt.

Overall, the increasing trend in the financial leverage ratio could imply higher financial risk for Bristow Group Inc as it becomes more leveraged. It is essential for stakeholders to monitor the company's debt levels closely to assess its ability to meet financial obligations and maintain financial stability in the long run.