Bloomin Brands Inc (BLMN)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total assets | US$ in thousands | 3,384,800 | 3,424,080 | 3,320,420 | 3,294,270 | 3,362,110 |
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,384,800K
= 0.00
The debt-to-assets ratio of Bloomin Brands Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its operations or investments during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity rather than debt, which can be viewed positively as it reflects low financial risk and financial stability. However, it is important to note that a low debt-to-assets ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, Bloomin Brands Inc's consistent 0.00 debt-to-assets ratio showcases a conservative approach to capital structure and financial management.
Peer comparison
Dec 31, 2024