Bristow Other Current Liab vs Total Current Assets Analysis
VTOL Stock | USD 35.87 0.02 0.06% |
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 Current Liab and its Total Current Assets 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 Current Liab vs Total Current Assets
Other Current Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristow Group Other Current Liab account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bristow's Other Current Liab and Total Current Assets is -0.02. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Assets 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 Current Liab and Total Current Assets 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 Current Liab of Bristow Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Current Liab i.e., Bristow's Other Current Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
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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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bristow in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bristow's short interest history, or implied volatility extrapolated from Bristow options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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.
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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.