Bristow Group Balance Sheet Health
Financial Health criteria checks 3/6
Bristow Group has a total shareholder equity of $848.7M and total debt of $594.2M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are $2.0B and $1.1B respectively. Bristow Group's EBIT is $110.7M making its interest coverage ratio 3.7. It has cash and short-term investments of $178.6M.
Key information
70.0%
Debt to equity ratio
US$594.21m
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$178.56m |
| Equity | US$848.67m |
| Total liabilities | US$1.13b |
| Total assets | US$1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERG1's short term assets ($570.6M) exceed its short term liabilities ($306.1M).
Long Term Liabilities: ERG1's short term assets ($570.6M) do not cover its long term liabilities ($822.5M).
Debt to Equity History and Analysis
Debt Level: ERG1's net debt to equity ratio (49%) is considered high.
Reducing Debt: ERG1's debt to equity ratio has reduced from 233.3% to 70% over the past 5 years.
Debt Coverage: ERG1's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: ERG1's interest payments on its debt are well covered by EBIT (3.7x coverage).