Bloomin Brands Inc (BLMN)

Financial leverage ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Total assets US$ in thousands 3,384,800 3,433,610 3,394,170 3,394,240 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
Total stockholders’ equity US$ in thousands 135,510 242,119 286,808 302,685 409,122 395,919 371,868 322,841 273,909 240,145 262,741 293,257 222,850 166,336 152,907 45,405 10,957 12,555 29,198 100,143
Financial leverage ratio 24.98 14.18 11.83 11.21 8.37 8.46 8.80 10.01 12.12 13.41 12.29 10.92 14.78 19.35 21.23 72.36 306.85 268.23 117.60 37.61

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,384,800K ÷ $135,510K
= 24.98

The financial leverage ratio of Bloomin Brands Inc has shown fluctuating trends over the past few years. Starting at 37.61 in March 2020, the ratio increased significantly to 306.85 by December 2020, indicating a substantial increase in the company's reliance on debt to finance its operations. However, in the following quarters, the financial leverage ratio gradually decreased to 8.37 by December 2023, reflecting a reduction in the company's debt levels and improved financial stability.

Subsequently, the ratio experienced a slight uptick to 24.98 by December 2024, signifying a moderate increase in leverage compared to the previous periods. Overall, these fluctuations in Bloomin Brands Inc's financial leverage ratio suggest varying levels of debt utilization and financial risk management by the company during the analyzed period.