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.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
BJs Restaurants Inc
BJRI
2.81
Aramark Holdings
ARMK
4.17
Bloomin Brands Inc
BLMN
24.98
Brinker International Inc
EAT
65.81
Chipotle Mexican Grill Inc
CMG
2.52
Cracker Barrel Old Country Store
CBRL
4.91
Darden Restaurants Inc
DRI
5.05
Dave & Buster’s Entertainment
PLAY
27.54
Jack In The Box Inc
JACK
—
McDonald’s Corporation
MCD
—
Papa John's International Inc
PZZA
—