BJs Restaurants Inc (BJRI)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,058,450 | 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 | 1,085,730 | 1,059,420 | 1,066,750 | 1,102,730 | 1,113,030 | 1,072,080 | 1,058,200 | 1,055,520 | 1,058,250 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,058,450K
= 0.00
The debt-to-assets ratio of BJs Restaurants Inc has consistently been recorded as 0.00 across multiple periods, indicating that the company has not had any debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company has financed its operations primarily through equity rather than debt. This can be a positive sign as it indicates a lower financial risk due to reduced reliance on borrowed funds. However, it is important to note that a zero ratio may also imply that the company is not utilizing debt to potentially leverage its operations and increase returns for shareholders. Overall, the stable ratio of 0.00 over time suggests that BJs Restaurants Inc has maintained a conservative approach towards debt management in its capital structure.
Peer comparison
Dec 31, 2023