Bloomin Brands Inc (BLMN)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $409,122K
= 0.00

The debt-to-equity ratio of Bloomin Brands Inc has shown a fluctuating trend over the past eight quarters, indicating changes in the company's capital structure and financial leverage.

In Q4 2022, the ratio stood at 3.07, signifying that the company had a higher level of debt relative to equity, which may indicate higher financial risk and reliance on debt financing. Subsequently, the ratio decreased to 2.48 in Q1 2022, suggesting a slight improvement in the company's debt position relative to shareholders' equity.

However, there was another increase in the ratio in Q2 2022 to 3.07, followed by a decrease to 2.40 in Q1 2023. The ratio continued to fluctuate over the next quarters, with values ranging from 1.91 to 2.07 in Q4 2023, indicating ongoing changes in the company's debt and equity levels.

Overall, the trend in Bloomin Brands Inc's debt-to-equity ratio reflects a varying mix of debt and equity in the company's capital structure, highlighting the importance of monitoring and managing financial leverage to maintain a sustainable and balanced financial position.