BJs Restaurants Inc (BJRI)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,041,060 | 1,041,780 | 1,044,140 | 1,044,920 | 1,222,630 | 1,037,140 | 1,041,260 | 1,044,170 | 1,045,920 | 1,017,550 | 1,031,120 | 1,020,060 | 1,035,170 | 1,041,160 | 1,069,100 | 1,086,200 | 1,059,420 | 1,066,750 | 1,098,870 | 1,113,030 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-assets ratio of BJs Restaurants Inc has consistently remained at 0.00 over the period from March 31, 2020 to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this time period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity financing to fund its operations and investments, potentially indicating a conservative financial strategy with lower financial risk. However, it is important to note that a very low debt-to-assets ratio may also limit the company's ability to take advantage of potential growth opportunities or tax benefits associated with debt financing.
Peer comparison
Dec 31, 2024