BJs Restaurants Inc (BJRI)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,041,060 | 1,058,450 | 1,045,920 | 1,035,170 | 1,059,420 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,041,060K
= 0.00
Based on the provided data, BJs Restaurants Inc consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company did not have any debt or liabilities recorded in relation to its total assets during this period. This suggests a financially healthy position, as the company's assets were fully financed by equity rather than debt. However, it is important to note that a debt-to-assets ratio of 0.00 may also indicate that the company has low leverage, which can limit its ability to benefit from financial leverage for potential growth opportunities.
Peer comparison
Dec 31, 2024