BJs Restaurants Inc (BJRI)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 1,041,060 1,058,450 1,045,920 1,035,170 1,059,420
Total stockholders’ equity US$ in thousands 370,017 365,761 345,515 333,771 293,788
Financial leverage ratio 2.81 2.89 3.03 3.10 3.61

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,041,060K ÷ $370,017K
= 2.81

The financial leverage ratio of BJs Restaurants Inc has shown a decreasing trend over the past five years, indicating a positive development in the company's financial structure. The ratio declined from 3.61 on December 31, 2020, to 2.81 on December 31, 2024. This suggests that the company has been able to reduce its reliance on debt financing and has potentially improved its financial stability. Overall, the decreasing trend in the financial leverage ratio reflects a positive shift towards a more balanced capital structure for BJs Restaurants Inc.