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 Direction | Negative |
Relationship Strength | Insignificant |
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 Profit | 218.0M | 191.8M | 210.8M | 749.5M | Total Revenue | 1.2B | 1.2B | 1.2B | 1.3B |
Bristow fundamental ratios Correlations
Click cells to compare fundamentals
Bristow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bristow fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 764.9M | 764.5M | 2.0B | 1.8B | 1.8B | 1.9B | |
Short Long Term Debt Total | 162.3M | 160.1M | 711.2M | 651.1M | 753.6M | 152.1M | |
Other Current Liab | 106.6M | 206.0M | 196.3M | 93.8M | 107.8M | 102.4M | |
Total Current Liabilities | 28.8M | 50.8M | 305.1M | 287.8M | 285.6M | 309.8M | |
Total Stockholder Equity | 463.4M | 456.7M | 897.6M | 835.8M | 787.3M | 823.7M | |
Net Debt | 670.5M | 480.1M | 385.1M | 590.0M | 367.8M | 359.1M | |
Retained Earnings | 18.3M | 14.7M | 227.0M | 211.2M | 224.7M | 218.0M | |
Cash | 50.8M | 117.4M | 231.1M | 266.0M | 163.7M | 180.3M | |
Non Current Assets Total | 1.4B | 1.4B | 1.2B | 1.3B | 1.4B | 1.2B | |
Cash And Short Term Investments | 50.8M | 117.4M | 231.1M | 266.0M | 163.7M | 96.1M | |
Common Stock Shares Outstanding | 33.4M | 31.7M | 28.5M | 28.6M | 28.3M | 26.7M | |
Liabilities And Stockholders Equity | 1.9B | 2.0B | 1.8B | 1.8B | 2.1B | 1.4B | |
Non Current Liabilities Total | 1.2B | 788.5M | 701.2M | 739.5M | 804.3M | 642.7M | |
Inventory | 20.7M | 20.1M | 92.2M | 81.7M | 81.9M | 99.9M | |
Other Current Assets | 49.4M | 29.5M | 32.1M | 28.4M | 32.4M | 45.4M | |
Total Liab | 301.4M | 307.8M | 1.1B | 988.9M | 1.0B | 1.1B | |
Total Current Assets | 115.9M | 195.9M | 585.7M | 579.9M | 493.1M | 563.6M | |
Short Term Debt | 127.2M | 16.0M | 12.8M | 87.9M | 101.1M | 106.2M | |
Common Stock | 215K | 219K | 224K | 303K | 306K | 251.6K | |
Non Currrent Assets Other | 21.6M | 2.2M | 117.8M | 90.7M | 60.7M | 138.1M | |
Common Stock Total Equity | 215K | 219K | 224K | 303K | 201.6K | 162.3K | |
Property Plant And Equipment Gross | 673.9M | 599.2M | 566.4M | 1.3B | 1.3B | 1.4B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.1B | 1.2B | 1.2B | 1.2B | |
Other Assets | 21.6M | 2.2M | 117.8M | 90.7M | 138.6M | 2.1M | |
Long Term Debt | 202.2M | 160.2M | 141.8M | 527.5M | 512.9M | 534.8M | |
Net Receivables | 33.3M | 32.7M | 215.6M | 203.8M | 215.1M | 234.6M | |
Property Plant Equipment | 599.2M | 566.4M | 1.3B | 1.1B | 1.2B | 1.0B | |
Other Liab | 331.3M | 93.3M | 62.8M | 73.8M | 66.4M | 63.1M | |
Net Tangible Assets | 426.5M | 897.6M | 835.8M | 780.3M | 702.3M | 760.2M | |
Accounts Payable | 52.1M | 69.5M | 63.5M | 89.6M | 87.9M | 66.2M | |
Long Term Investments | 110.1M | 37.5M | 17.6M | 19.9M | 17.9M | 17.0M | |
Short Long Term Debt | 45.7M | 16.0M | 12.8M | 13.2M | 11.9M | 11.3M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Bristow Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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.
Complementary Tools for Bristow Stock analysis
When running Bristow's price analysis, check to measure Bristow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bristow is operating at the current time. Most of Bristow's value examination focuses on studying past and present price action to predict the probability of Bristow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristow's price. Additionally, you may evaluate how the addition of Bristow to your portfolios can decrease your overall portfolio volatility.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
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.