Bristow Other Assets vs Other Current Liab Analysis

VTOL Stock  USD 37.16  0.69  1.82%   
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 Other Assets and its Other Current Liab 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 tightly coupled with the direction of predictive economic indicators such as signals in persons.

Other Assets vs Other Current Liab

Other Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristow Group Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bristow's Other Assets and Other Current Liab is -0.24. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab 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 Other Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Bristow Group are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Bristow's Other Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Other Current Liab

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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
The value of Selling General Administrative is expected to slide to about 45.1 M. The value of Tax Provision is estimated to slide to about 2.9 M
 2020 2021 2022 2023 (projected)
Gross Profit218.0M191.8M210.8M749.5M
Total Revenue1.2B1.2B1.2B1.3B

Bristow fundamental ratios Correlations

0.610.010.890.980.420.930.830.670.80.64-0.690.380.86-0.260.570.810.880.320.47-0.560.510.80.33-0.17-0.34
0.61-0.120.720.660.460.740.640.150.720.16-0.370.250.680.050.90.740.69-0.080.85-0.070.640.720.070.480.12
0.01-0.12-0.050.05-0.47-0.020.040.590.060.260.07-0.5-0.080.2-0.14-0.19-0.02-0.13-0.04-0.240.14-0.190.84-0.24-0.34
0.890.72-0.050.940.530.990.90.450.860.46-0.730.470.990.050.630.940.990.340.73-0.290.520.920.330.06-0.11
0.980.660.050.940.460.960.910.660.880.64-0.730.410.91-0.190.590.840.940.320.6-0.520.570.820.39-0.14-0.34
0.420.46-0.470.530.460.50.60.180.610.21-0.540.940.46-0.080.490.440.560.710.53-0.180.30.410.00.06-0.11
0.930.74-0.020.990.960.50.880.490.850.52-0.710.420.98-0.030.630.940.970.290.7-0.350.550.930.330.03-0.16
0.830.640.040.90.910.60.880.590.980.5-0.820.580.84-0.080.610.750.950.450.74-0.410.480.690.47-0.09-0.29
0.670.150.590.450.660.180.490.590.570.71-0.530.170.37-0.290.180.220.490.440.14-0.750.320.210.79-0.52-0.68
0.80.720.060.860.880.610.850.980.570.48-0.750.550.79-0.090.70.710.910.370.79-0.40.560.650.45-0.01-0.28
0.640.160.260.460.640.210.520.50.710.48-0.50.210.42-0.62-0.070.280.490.310.18-0.80.370.310.4-0.76-0.88
-0.69-0.370.07-0.73-0.73-0.54-0.71-0.82-0.53-0.75-0.5-0.5-0.660.33-0.27-0.54-0.77-0.69-0.590.5-0.01-0.55-0.380.310.44
0.380.25-0.50.470.410.940.420.580.170.550.21-0.50.42-0.080.330.380.520.730.35-0.160.230.33-0.02-0.07-0.11
0.860.68-0.080.990.910.460.980.840.370.790.42-0.660.420.10.580.970.960.260.67-0.20.520.950.270.1-0.04
-0.260.050.20.05-0.19-0.08-0.03-0.08-0.29-0.09-0.620.33-0.080.10.20.160.02-0.150.10.710.050.130.170.680.75
0.570.9-0.140.630.590.490.630.610.180.7-0.07-0.270.330.580.20.650.61-0.020.690.010.580.60.060.610.3
0.810.74-0.190.940.840.440.940.750.220.710.28-0.540.380.970.160.650.90.130.65-0.080.510.980.120.260.13
0.880.69-0.020.990.940.560.970.950.490.910.49-0.770.520.960.020.610.90.380.74-0.310.520.860.390.0-0.18
0.32-0.08-0.130.340.320.710.290.450.440.370.31-0.690.730.26-0.15-0.020.130.380.16-0.4-0.170.150.32-0.37-0.38
0.470.85-0.040.730.60.530.70.740.140.790.18-0.590.350.670.10.690.650.740.16-0.040.480.610.270.32-0.01
-0.56-0.07-0.24-0.29-0.52-0.18-0.35-0.41-0.75-0.4-0.80.5-0.16-0.20.710.01-0.08-0.31-0.4-0.04-0.19-0.11-0.360.70.82
0.510.640.140.520.570.30.550.480.320.560.37-0.010.230.520.050.580.510.52-0.170.48-0.190.420.230.15-0.11
0.80.72-0.190.920.820.410.930.690.210.650.31-0.550.330.950.130.60.980.860.150.61-0.110.420.090.240.11
0.330.070.840.330.390.00.330.470.790.450.4-0.38-0.020.270.170.060.120.390.320.27-0.360.230.09-0.28-0.43
-0.170.48-0.240.06-0.140.060.03-0.09-0.52-0.01-0.760.31-0.070.10.680.610.260.0-0.370.320.70.150.24-0.280.9
-0.340.12-0.34-0.11-0.34-0.11-0.16-0.29-0.68-0.28-0.880.44-0.11-0.040.750.30.13-0.18-0.38-0.010.82-0.110.11-0.430.9
Click cells to compare fundamentals

Bristow Account Relationship Matchups

Bristow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets764.9M764.5M2.0B1.8B1.8B1.9B
Short Long Term Debt Total162.3M160.1M711.2M651.1M753.6M152.1M
Other Current Liab106.6M206.0M196.3M93.8M107.8M102.4M
Total Current Liabilities28.8M50.8M305.1M287.8M285.6M309.8M
Total Stockholder Equity463.4M456.7M897.6M835.8M787.3M823.7M
Net Debt670.5M480.1M385.1M590.0M367.8M359.1M
Retained Earnings18.3M14.7M227.0M211.2M224.7M218.0M
Cash50.8M117.4M231.1M266.0M163.7M180.3M
Non Current Assets Total1.4B1.4B1.2B1.3B1.4B1.2B
Cash And Short Term Investments50.8M117.4M231.1M266.0M163.7M96.1M
Common Stock Shares Outstanding33.4M31.7M28.5M28.6M28.3M26.7M
Liabilities And Stockholders Equity1.9B2.0B1.8B1.8B2.1B1.4B
Non Current Liabilities Total1.2B788.5M701.2M739.5M804.3M642.7M
Inventory20.7M20.1M92.2M81.7M81.9M99.9M
Other Current Assets49.4M29.5M32.1M28.4M32.4M45.4M
Total Liab301.4M307.8M1.1B988.9M1.0B1.1B
Total Current Assets115.9M195.9M585.7M579.9M493.1M563.6M
Short Term Debt127.2M16.0M12.8M87.9M101.1M106.2M
Common Stock215K219K224K303K306K251.6K
Non Currrent Assets Other21.6M2.2M117.8M90.7M60.7M138.1M
Common Stock Total Equity215K219K224K303K201.6K162.3K
Property Plant And Equipment Gross673.9M599.2M566.4M1.3B1.3B1.4B
Property Plant And Equipment Net1.2B1.3B1.1B1.2B1.2B1.2B
Other Assets21.6M2.2M117.8M90.7M138.6M2.1M
Long Term Debt202.2M160.2M141.8M527.5M512.9M534.8M
Net Receivables33.3M32.7M215.6M203.8M215.1M234.6M
Property Plant Equipment599.2M566.4M1.3B1.1B1.2B1.0B
Other Liab331.3M93.3M62.8M73.8M66.4M63.1M
Net Tangible Assets426.5M897.6M835.8M780.3M702.3M760.2M
Accounts Payable52.1M69.5M63.5M89.6M87.9M66.2M
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 tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Bristow's industry 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
(0.74)
Earnings Share
0.04
Revenue Per Share
46.082
Quarterly Revenue Growth
0.124
Return On Assets
0.0245
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.