Era Group (Era Group) Debt-to-Equity : 0.37 (As of Mar. 2020)

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What is Era Group Debt-to-Equity?

Era Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $17.9 Mil. Era Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was $149.1 Mil. Era Group's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $449.7 Mil. Era Group's debt to equity for the quarter that ended in Mar. 2020 was 0.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Era Group's Debt-to-Equity or its related term are showing as below:

ERA's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Era Group Debt-to-Equity Historical Data

The historical data trend for Era Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Era Group Debt-to-Equity Chart

Era Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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0.57

0.50

0.46

0.35

0.37

Era Group Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Debt-to-Equity	Get a 7-Day Free Trial															0.37	0.37	0.37	0.37	0.37

Competitive Comparison of Era Group's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Era Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Era Group's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Era Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Era Group's Debt-to-Equity falls into.

Era Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Era Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(18.317	+	149.647)	/	456.742
	=	0.37

Era Group's Debt to Equity Ratio for the quarter that ended in Mar. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(17.901	+	149.107)	/	449.65
	=	0.37

Era Group (NYSE:ERA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Era Group Debt-to-Equity Related Terms

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Era Group (Era Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Era Group Inc (NYSE:ERA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

945 Bunker Hill Road, Suite 650, Houston, TX, USA, 77024

Website

https://www.eragroupinc.com

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities. The company also leases helicopters to third parties and foreign affiliates; engineers, manufactures, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.