BJs Restaurants Inc (BJRI)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $365,761K
= 0.00
The debt-to-equity ratio of BJs Restaurants Inc has consistently been reported as 0.00 for the periods indicated in the table. This indicates that the company has not carried any long-term debt during those periods and has relied solely on equity financing to fund its operations and investments. A debt-to-equity ratio of 0.00 suggests a conservative financial structure, where the company is not burdened by debt obligations and may have a lower financial risk compared to companies with higher debt levels. However, it's important to note that a low debt-to-equity ratio may also limit the company's ability to leverage debt for potential growth opportunities.
Peer comparison
Dec 31, 2023