Bloomin Brands Inc (BLMN)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 409,122 | 271,369 | 216,461 | 4,145 | 170,342 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $409,122K)
= 0.00
The debt-to-capital ratio of Bloomin Brands Inc has shown a decreasing trend over the past five years, declining from 1.00 in 2020 to 0.66 in 2023. This indicates that the company has been reducing its reliance on debt financing relative to its total capital structure. A lower debt-to-capital ratio generally suggests a lower financial risk as the company is less dependent on debt to fund its operations and growth. It can also indicate a stronger financial position and better ability to weather economic downturns. Bloomin Brands Inc's decreasing debt-to-capital ratio demonstrates a positive trend in its financial leverage and capital structure management.
Peer comparison
Dec 31, 2023