Bloomin Brands Inc (BLMN)
Debt-to-assets 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 assets | US$ in thousands | 3,424,080 | 3,350,910 | 3,273,130 | 3,231,790 | 3,320,420 | 3,219,200 | 3,230,000 | 3,203,360 | 3,294,270 | 3,218,600 | 3,246,750 | 3,285,320 | 3,362,110 | 3,367,600 | 3,433,580 | 3,766,600 | 3,592,680 | 3,468,950 | 3,511,730 | 3,552,550 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,424,080K
= 0.00
The debt-to-assets ratio of Bloomin Brands Inc has been relatively stable over the past eight quarters, ranging between 0.23 and 0.26. This ratio measures the proportion of the company's assets that are financed by debt, with a lower ratio indicating less reliance on debt for funding operations.
The trend shows that Bloomin Brands Inc has been managing its debt levels effectively, as the ratio has not seen significant fluctuations. A consistent ratio over time can indicate financial stability and prudent debt management practices.
Although the ratio increased slightly from Q1 2022 to Q4 2022, it remained within a narrow range. This suggests that the company has maintained a healthy balance between debt and assets, which is essential for the long-term financial health and sustainability of the business.
Overall, the debt-to-assets ratio analysis indicates that Bloomin Brands Inc has been maintaining a relatively conservative approach to financing its operations, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2023