Bristow Long Term Debt vs Accumulated Depreciation Analysis

VTOL Stock  USD 38.29  0.30  0.79%   
Bristow financial indicator trend analysis is way more than just evaluating Bristow Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bristow Group is a good investment. Please check the relationship between Bristow Long Term Debt and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bristow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Long Term Debt vs Accumulated Depreciation

Long Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristow Group Long Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Bristow's Long Term Debt and Accumulated Depreciation is 0.06. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Bristow Group, assuming nothing else is changed. The correlation between historical values of Bristow's Long Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Bristow Group are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Debt i.e., Bristow's Long Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Bristow Group has held for over one year. Long-term debt appears on Bristow Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bristow Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Bristow Group fixed asset that has been charged to Bristow expense since that asset was acquired and made available for Bristow use. The accumulated depreciation account is Bristow Group asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Bristow Group.
Most indicators from Bristow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bristow Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bristow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Bristow's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 30.1 M this year, although Enterprise Value Over EBITDA will most likely fall to 9.52.
 2021 2022 2023 2024 (projected)
Gross Profit191.8M210.8M749.5M787.0M
Total Revenue1.2B1.2B1.3B708.4M

Bristow fundamental ratios Correlations

0.160.740.830.83-0.130.940.820.990.820.57-0.24-0.220.96-0.290.190.940.90.150.52-0.090.060.150.38-0.22-0.41
0.16-0.48-0.350.30.95-0.050.570.070.570.26-0.750.890.23-0.680.430.080.490.68-0.30.220.00.93-0.26-0.28-0.46
0.74-0.480.980.48-0.70.880.370.760.370.270.34-0.750.730.27-0.270.820.51-0.270.64-0.270.01-0.510.650.01-0.19
0.83-0.350.980.58-0.60.940.490.840.490.330.18-0.660.820.15-0.180.890.63-0.180.67-0.250.02-0.380.64-0.08-0.28
0.830.30.480.580.020.810.830.790.830.57-0.52-0.140.84-0.360.640.660.86-0.070.73-0.020.540.40.22-0.64-0.21
-0.130.95-0.7-0.60.02-0.340.27-0.210.270.1-0.660.95-0.07-0.550.36-0.20.190.68-0.490.25-0.060.9-0.4-0.16-0.33
0.94-0.050.880.940.81-0.340.730.920.730.48-0.11-0.450.96-0.080.090.940.84-0.050.71-0.20.18-0.060.56-0.28-0.36
0.820.570.370.490.830.270.730.741.00.51-0.540.210.86-0.610.370.750.970.310.360.030.180.50.24-0.42-0.55
0.990.070.760.840.79-0.210.920.740.740.56-0.17-0.280.91-0.250.170.910.830.110.5-0.090.010.080.35-0.15-0.34
0.820.570.370.490.830.270.731.00.740.51-0.540.210.86-0.610.370.750.970.310.360.030.180.50.24-0.42-0.55
0.570.260.270.330.570.10.480.510.560.51-0.350.020.52-0.190.350.430.560.130.22-0.470.120.31-0.280.030.21
-0.24-0.750.340.18-0.52-0.66-0.11-0.54-0.17-0.54-0.35-0.54-0.290.61-0.67-0.08-0.48-0.33-0.12-0.09-0.27-0.830.280.650.24
-0.220.89-0.75-0.66-0.140.95-0.450.21-0.280.210.02-0.54-0.18-0.590.2-0.260.080.7-0.670.26-0.240.78-0.430.03-0.3
0.960.230.730.820.84-0.070.960.860.910.860.52-0.29-0.18-0.230.150.950.950.130.59-0.120.130.190.5-0.33-0.51
-0.29-0.680.270.15-0.36-0.55-0.08-0.61-0.25-0.61-0.190.61-0.59-0.23-0.41-0.16-0.46-0.620.21-0.250.04-0.590.280.290.45
0.190.43-0.27-0.180.640.360.090.370.170.370.35-0.670.20.15-0.41-0.130.3-0.120.380.210.740.67-0.37-0.70.19
0.940.080.820.890.66-0.20.940.750.910.750.43-0.08-0.260.95-0.16-0.130.850.190.45-0.16-0.13-0.030.57-0.08-0.54
0.90.490.510.630.860.190.840.970.830.970.56-0.480.080.95-0.460.30.850.280.45-0.040.160.420.35-0.4-0.56
0.150.68-0.27-0.18-0.070.68-0.050.310.110.310.13-0.330.70.13-0.62-0.120.190.28-0.570.06-0.50.49-0.210.23-0.53
0.52-0.30.640.670.73-0.490.710.360.50.360.22-0.12-0.670.590.210.380.450.45-0.57-0.150.71-0.130.46-0.650.05
-0.090.22-0.27-0.25-0.020.25-0.20.03-0.090.03-0.47-0.090.26-0.12-0.250.21-0.16-0.040.06-0.150.030.230.29-0.28-0.36
0.060.00.010.020.54-0.060.180.180.010.180.12-0.27-0.240.130.040.74-0.130.16-0.50.710.030.240.0-0.720.3
0.150.93-0.51-0.380.40.9-0.060.50.080.50.31-0.830.780.19-0.590.67-0.030.420.49-0.130.230.24-0.37-0.43-0.27
0.38-0.260.650.640.22-0.40.560.240.350.24-0.280.28-0.430.50.28-0.370.570.35-0.210.460.290.0-0.37-0.17-0.49
-0.22-0.280.01-0.08-0.64-0.16-0.28-0.42-0.15-0.420.030.650.03-0.330.29-0.7-0.08-0.40.23-0.65-0.28-0.72-0.43-0.170.24
-0.41-0.46-0.19-0.28-0.21-0.33-0.36-0.55-0.34-0.550.210.24-0.3-0.510.450.19-0.54-0.56-0.530.05-0.360.3-0.27-0.490.24
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Bristow Account Relationship Matchups

Bristow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B1.8B1.8B1.9B1.7B
Short Long Term Debt Total867.2M711.2M651.1M753.6M838.3M484.4M
Other Current Liab106.6M116.5M119.4M(2.5M)92.3M87.6M
Total Current Liabilities298.0M305.1M287.8M285.6M309.8M425.6M
Total Stockholder Equity426.5M897.6M835.8M787.3M823.7M671.7M
Net Debt670.5M480.1M385.1M590.0M658.1M354.7M
Retained Earnings139.2M227.0M211.2M224.7M218.0M173.6M
Cash196.7M231.1M266.0M163.7M180.3M129.7M
Non Current Assets Total1.4B1.4B1.2B1.3B1.4B1.3B
Cash And Short Term Investments196.7M231.1M266.0M163.7M180.3M129.7M
Common Stock Shares Outstanding33.4M31.7M28.5M28.6M28.1M26.7M
Liabilities And Stockholders Equity1.9B2.0B1.8B1.8B1.9B1.4B
Non Current Liabilities Total1.2B788.5M701.2M739.5M804.3M593.9M
Inventory82.4M92.2M81.7M81.9M99.9M70.7M
Other Current Assets29.5M32.1M28.4M32.4M48.8M34.9M
Other Stockholder Equity146.1M677.2M647.7M646.3M660.1M488.0M
Total Liab1.5B1.1B988.9M1.0B1.1B1.0B
Total Current Assets524.2M585.7M579.9M493.1M563.6M378.1M
Accumulated Other Comprehensive Income(8.6M)(6.9M)(23.5M)(84.1M)(54.6M)(51.9M)
Short Term Debt127.2M16.0M12.8M87.9M13.2M25.6M
Non Currrent Assets Other24.4M117.8M90.7M60.7M79.0M82.9M
Property Plant And Equipment Gross1.2B1.3B1.3B1.4B1.7B1.0B
Property Plant And Equipment Net1.2B1.3B1.1B1.2B1.2B1.3B
Other Liab331.3M93.3M62.8M73.8M66.4M63.1M
Net Tangible Assets426.5M897.6M835.8M780.3M702.3M760.2M
Other Assets128.3M117.8M90.7M138.6M124.8M96.6M
Long Term Debt515.4M527.5M512.9M534.8M481.3M453.7M
Net Receivables180.7M215.6M203.8M215.1M234.6M178.6M
Long Term Debt Total202.2M160.2M141.8M527.5M606.7M637.0M
Capital Surpluse443.9M447.3M452.0M687.7M790.9M532.1M
Treasury Stock(3.0M)(2.5M)(10.2M)(10.5M)(9.5M)(9.0M)
Property Plant Equipment1.2B1.3B1.1B1.2B1.0B1.2B
Accounts Payable52.1M69.5M63.5M89.6M87.9M67.7M
Long Term Investments110.1M37.5M17.6M19.9M17.9M17.0M
Short Long Term Debt45.7M16.0M12.8M13.2M11.9M11.3M

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When determining whether Bristow Group is a strong investment it is important to analyze Bristow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bristow's future performance. For an informed investment choice regarding Bristow Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bristow Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bristow. If investors know Bristow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bristow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.333
Earnings Share
1.86
Revenue Per Share
48.112
Quarterly Revenue Growth
0.079
Return On Assets
0.0372
The market value of Bristow Group is measured differently than its book value, which is the value of Bristow that is recorded on the company's balance sheet. Investors also form their own opinion of Bristow's value that differs from its market value or its book value, called intrinsic value, which is Bristow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bristow's market value can be influenced by many factors that don't directly affect Bristow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bristow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.