Bristow Group Inc (VTOL)

The interest coverage ratio for Bristow Group Inc has shown some fluctuations over the past few years. In December 2019, the interest coverage ratio was at 0.69, indicating that the company's operating income was only able to cover 69% of its interest expenses. This level of coverage is considered low and could suggest potential difficulties in meeting interest obligations.

By March 2021, the interest coverage ratio dropped significantly to -0.10, indicating that the company's operating income was insufficient to cover its interest expenses during that period. This negative ratio is a concerning sign as it suggests that Bristow Group Inc was not generating enough income to even cover its interest payments.

In March 2022, the interest coverage ratio improved to 0.89, indicating a slight recovery in the company's ability to cover its interest expenses with operating income. However, the ratio still remains below 1, which may indicate continued challenges in meeting interest obligations.

The latest available data for December 2023 shows an interest coverage ratio of 1.44, reflecting further improvement compared to the previous periods. This suggests that Bristow Group Inc's operating income was able to cover its interest expenses with a bit more comfort, but the ratio is still relatively low, indicating that the company may still face some challenges in managing its debt obligations.

Overall, the analysis of the interest coverage ratio for Bristow Group Inc highlights a fluctuating trend with some recent improvements, but the ratios indicate a historically strained ability to cover interest expenses with operating income. Investors and stakeholders should continue to monitor the company's financial performance and debt management practices closely.