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 ratio3.7x
CashUS$178.56m
EquityUS$848.67m
Total liabilitiesUS$1.13b
Total assetsUS$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).


Balance Sheet


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