Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) LT-Debt-to-Total-Asset : 0.83 (As of Mar. 2024)

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What is Bridger Aerospace Group Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bridger Aerospace Group Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.83.

Bridger Aerospace Group Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.79) to Mar. 2024 (0.83). It may suggest that Bridger Aerospace Group Holdings is progressively becoming more dependent on debt to grow their business.

Bridger Aerospace Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bridger Aerospace Group Holdings's LT-Debt-to-Total-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.

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Bridger Aerospace Group Holdings LT-Debt-to-Total-Asset Chart

Bridger Aerospace Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.41

0.30

0.67

0.77

Bridger Aerospace Group Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.79	0.82	0.73	0.77	0.83

Bridger Aerospace Group Holdings LT-Debt-to-Total-Asset Calculation

Bridger Aerospace Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	210.364	/	273.47
	=	0.77

Bridger Aerospace Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	209.51	/	252.431
	=	0.83

Bridger Aerospace Group Holdings (NAS:BAER) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bridger Aerospace Group Holdings Inc (NAS:BAER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Aviation Lane, Belgrade, MT, USA, 59714

Website

https://www.bridgeraerospace.com

Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation.

Executives

Anne Hayes	director	6436 31ST STREET NW, WASHINGTON DC 20015
Thomas Jermoluk	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Jcic Sponsor Llc	10 percent owner	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Debra Coleman	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Jpmorgan Chase Funding Inc.	10 percent owner	383 MADISON AVENUE, NEW YORK NY 10179
Grannus Holdings Manager - Nq Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Tactical Opportunities Investment Partnership Iii - Nq - Esc L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto Grannus Holdings Iv - Nq Llc	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Hugh Wyman Iii	director	1209 ORANGE STREET, C/O ZERO ONE GROUP, WILMINGTON DE 19801
Dean Heller	director	195 HUDSON AURORA ROAD, SMITH NV 89430
Todd J Hirsch	director	345 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10154
Timothy P Sheehy	director, 10 percent owner, officer: CEO & Co-Founder	90 AVIATION LANE, BELGRADE MT 59714
James J Muchmore	officer: Chief Legal Officer & EVP	90 AVIATION LANE, BELGRADE MT 59714