Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bristow Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $899 Mil. Bristow Group's Total Assets for the quarter that ended in Sep. 2024 was $2,088 Mil.
Therefore, Bristow Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.43.
The historical rank and industry rank for Bristow Group's Equity-to-Asset or its related term are showing as below:
VTOL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.44 Max: 0.46
Current: 0.43
During the past 5 years, the highest Equity to Asset Ratio of Bristow Group was 0.46. The lowest was 0.42. And the median was 0.44.
VTOL's Equity-to-Asset is ranked worse than 58.83% of 1059
companies
in the Oil & Gas industry
Industry Median: 0.51
vs VTOL: 0.43
Bristow Group Equity-to-Asset Historical Data
The historical data trend for Bristow Group's Equity-to-Asset 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.
Competitive Comparison of Bristow Group's Equity-to-Asset
For the Oil & Gas Equipment & Services subindustry, Bristow Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Bristow Group's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bristow Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bristow Group's Equity-to-Asset falls into.
Bristow Group Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Bristow Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Bristow Group (NYSE:VTOL) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Bristow Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Bristow Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of integrated, national, and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed-wing transportation and other aviation-related solutions. Its energy customers charter its helicopters to transport personnel to, from, and between onshore bases and offshore production platforms, drilling rigs, and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the United States.
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