Bristow Total Current Assets vs Property Plant Equipment Analysis
VTOL Stock | USD 33.17 0.52 1.54% |
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 Total Current Assets and its Property Plant Equipment 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.
Total Current Assets vs Property Plant Equipment
Total Current Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bristow Group Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Bristow's Total Current Assets and Property Plant Equipment is -0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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 Total Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Bristow Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Bristow's Total Current Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Property Plant Equipment
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 the value of Sales General And Administrative To Revenue will most likely fall to 0.11.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 191.8M | 210.8M | 749.5M | 787.0M | Total Revenue | 1.2B | 1.2B | 1.3B | 708.4M |
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 | 1.9B | 2.0B | 1.8B | 1.8B | 1.9B | 1.7B | |
Short Long Term Debt Total | 867.2M | 711.2M | 651.1M | 753.6M | 866.7M | 447.9M | |
Other Current Liab | 106.6M | 206.0M | 196.3M | 93.8M | 107.8M | 102.4M | |
Total Current Liabilities | 298.0M | 305.1M | 287.8M | 285.6M | 309.8M | 425.6M | |
Total Stockholder Equity | 426.5M | 897.6M | 835.8M | 787.3M | 823.7M | 671.7M | |
Net Debt | 670.5M | 480.1M | 385.1M | 590.0M | 367.8M | 330.1M | |
Retained Earnings | 139.2M | 227.0M | 211.2M | 224.7M | 218.0M | 173.6M | |
Cash | 196.7M | 231.1M | 266.0M | 163.7M | 180.3M | 129.7M | |
Non Current Assets Total | 1.4B | 1.4B | 1.2B | 1.3B | 1.4B | 1.3B | |
Cash And Short Term Investments | 196.7M | 231.1M | 266.0M | 163.7M | 188.2M | 123.9M | |
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 | 1.3B | |
Non Current Liabilities Total | 1.2B | 788.5M | 701.2M | 739.5M | 804.3M | 593.9M | |
Inventory | 82.4M | 92.2M | 81.7M | 81.9M | 99.9M | 70.7M | |
Other Current Assets | 29.5M | 32.1M | 28.4M | 32.4M | 45.4M | 34.7M | |
Other Stockholder Equity | 146.1M | 677.2M | 647.7M | 646.3M | 743.3M | 468.1M | |
Total Liab | 1.5B | 1.1B | 988.9M | 1.0B | 1.1B | 1.0B | |
Total Current Assets | 524.2M | 585.7M | 579.9M | 493.1M | 563.6M | 378.1M | |
Accumulated Other Comprehensive Income | (8.6M) | (6.9M) | (23.5M) | (84.1M) | (75.7M) | (71.9M) | |
Short Term Debt | 127.2M | 16.0M | 12.8M | 87.9M | 101.1M | 106.2M | |
Non Currrent Assets Other | 24.4M | 117.8M | 90.7M | 60.7M | 138.1M | 145.0M | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 1.3B | 1.4B | 1.7B | 1.0B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.1B | 1.2B | 1.2B | 1.3B | |
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 | |
Other Assets | 128.3M | 117.8M | 90.7M | 138.6M | 124.8M | 96.6M | |
Long Term Debt | 515.4M | 527.5M | 512.9M | 534.8M | 481.3M | 453.7M | |
Net Receivables | 180.7M | 215.6M | 203.8M | 215.1M | 234.6M | 178.6M | |
Long Term Debt Total | 202.2M | 160.2M | 141.8M | 527.5M | 606.7M | 637.0M | |
Capital Surpluse | 443.9M | 447.3M | 452.0M | 687.7M | 790.9M | 532.1M | |
Treasury Stock | (3.0M) | (2.5M) | (10.2M) | (10.5M) | (9.5M) | (9.0M) | |
Property Plant Equipment | 1.2B | 1.3B | 1.1B | 1.2B | 1.0B | 1.2B | |
Accounts Payable | 52.1M | 69.5M | 63.5M | 89.6M | 87.9M | 67.7M | |
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 |
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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 (0.74) | Earnings Share 1.06 | Revenue Per Share 47.359 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0357 |
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.