BJs Restaurants Inc (BJRI)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,041,060 | 1,041,780 | 1,044,140 | 1,044,920 | 1,222,630 | 1,037,140 | 1,041,260 | 1,044,170 | 1,045,920 | 1,017,550 | 1,031,120 | 1,020,060 | 1,035,170 | 1,041,160 | 1,069,100 | 1,086,200 | 1,059,420 | 1,066,750 | 1,098,870 | 1,113,030 |
| Total stockholders’ equity | US$ in thousands | 370,017 | 376,175 | 386,489 | 375,352 | 365,761 | 360,970 | 366,046 | 351,234 | 345,515 | 339,014 | 340,344 | 337,662 | 333,771 | 335,462 | 335,134 | 325,733 | 293,788 | 308,911 | 312,594 | 271,904 |
| Financial leverage ratio | 2.81 | 2.77 | 2.70 | 2.78 | 3.34 | 2.87 | 2.84 | 2.97 | 3.03 | 3.00 | 3.03 | 3.02 | 3.10 | 3.10 | 3.19 | 3.33 | 3.61 | 3.45 | 3.52 | 4.09 |
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 period of March 31, 2020, to December 31, 2024. The ratio started at 4.09 on March 31, 2020, and decreased to 2.81 by December 31, 2024. This indicates that the company has been steadily reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio suggests that the company is less exposed to the risks associated with high debt levels and may have better financial stability. The decreasing trend in the financial leverage ratio of BJs Restaurants Inc reflects a more conservative approach to capital structure management over the analyzed period.
Peer comparison
Dec 31, 2024