Bristow Group Balance Sheet Health
Financial Health criteria checks 3/6
Bristow Group has a total shareholder equity of $898.8M and total debt of $629.1M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are $2.1B and $1.2B respectively. Bristow Group's EBIT is $118.5M making its interest coverage ratio 4. It has cash and short-term investments of $200.3M.
Key information
70.0%
Debt to equity ratio
US$629.07m
Debt
| Interest coverage ratio | 4x |
| Cash | US$200.35m |
| Equity | US$898.76m |
| Total liabilities | US$1.19b |
| Total assets | US$2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERG1's short term assets ($594.4M) exceed its short term liabilities ($324.2M).
Long Term Liabilities: ERG1's short term assets ($594.4M) do not cover its long term liabilities ($865.4M).
Debt to Equity History and Analysis
Debt Level: ERG1's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: ERG1's debt to equity ratio has reduced from 329.4% to 70% over the past 5 years.
Debt Coverage: ERG1's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: ERG1's interest payments on its debt are well covered by EBIT (4x coverage).