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 | ||
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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.
Peer comparison
Dec 31, 2024