BJs Restaurants Inc (BJRI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 365,761 | 360,970 | 366,046 | 351,234 | 345,515 | 339,014 | 340,344 | 337,662 | 333,771 | 335,462 | 335,134 | 325,283 | 293,788 | 308,911 | 312,594 | 271,904 | 290,287 | 286,565 | 324,236 | 329,268 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $365,761K)
= 0.00
The debt-to-capital ratio of BJs Restaurants Inc for all the periods shown in the table is consistently 0.00. This indicates that the company has not taken on any debt in relation to its capital structure during the periods analyzed. A debt-to-capital ratio of 0 suggests that the company relies solely on equity to finance its operations and growth, which can be viewed positively by investors and creditors as it signifies lower financial risk and a strong financial position. However, it is important to note that a debt-to-capital ratio of 0 may also imply missed opportunities for leveraging debt to potentially improve returns on equity. Further analysis of the company's capital structure and overall financial strategy would provide a more comprehensive understanding of its financial health and risk profile.
Peer comparison
Dec 31, 2023