Bristow Group Inc (VTOL)

The interest coverage ratio for Bristow Group Inc has shown a fluctuating trend over the past few years. As of December 31, 2021, the interest coverage ratio was -0.42, indicating that the company did not generate enough operating income to cover its interest expense, which raises concerns about its financial health and ability to meet debt obligations.

However, there has been a slight improvement in the interest coverage ratio by March 31, 2022, reaching 0.89. While this improvement is positive, the ratio still remains below 1, suggesting that the company may continue to face challenges in meeting its interest payments from its operating income.

By December 31, 2022, the interest coverage ratio improved further to 1.14, indicating that the company's operating income was able to cover its interest expenses. This improvement is a positive sign that the company's financial position may be stabilizing.

The trend continued to improve by December 31, 2023, with an interest coverage ratio of 1.43, signaling that the company's ability to meet its interest obligations has strengthened.

However, by December 31, 2024, the interest coverage ratio dropped to 0.00, which raises concerns once again as it suggests that the company's operating income may not be sufficient to cover its interest expenses.

Overall, while there have been fluctuations in the interest coverage ratio of Bristow Group Inc over the years, it is essential for the company to maintain a healthy ratio above 1 to ensure its financial stability and ability to service its debt obligations.