BJs Restaurants Inc (BJRI)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 370,017 365,761 345,515 333,771 293,788
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $370,017K)
= 0.00

The debt-to-capital ratio for BJs Restaurants Inc has consistently remained at 0.00 from the fiscal year ending December 31, 2020, to the fiscal year ending December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth during this period, and the capital structure has been primarily equity-financed. A debt-to-capital ratio of 0.00 suggests that the company's financial risk related to debt obligations is low, as there is no debt in the capital structure. The stability of this ratio over the years may reflect a conservative approach to managing financial leverage and a focus on maintaining a strong balance sheet with minimal debt exposure.