Bloomin Brands Inc (BLMN)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 409,122 | 393,149 | 368,924 | 319,996 | 271,369 | 238,498 | 260,822 | 291,563 | 216,461 | 159,816 | 146,289 | 38,604 | 4,145 | 5,134 | 21,110 | 91,950 | 170,342 | 144,283 | 150,779 | 244,184 |
| Debt-to-capital 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-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 been relatively stable over the past eight quarters, ranging from 0.66 to 0.78. A decreasing trend in the ratio from 0.78 in Q3 2022 to 0.66 in Q4 2023 indicates a decline in the proportion of debt to total capital structure. However, the ratio experienced some fluctuations in between, with slight increases in Q1 2023 and Q2 2023. The company's debt-to-capital ratio peaked at 0.78 in Q3 2022, suggesting a higher reliance on debt for financing its operations at that time. Overall, the trend indicates a moderate level of leverage with a relatively consistent capital structure over the analyzed period.
Peer comparison
Dec 31, 2023