Cracker Barrel Old Country Store (CBRL)

Solvency ratios

Aug 2, 2024 Apr 26, 2024 Jan 26, 2024 Oct 27, 2023 Jul 28, 2023 Apr 28, 2023 Jan 27, 2023 Oct 28, 2022 Jul 29, 2022 Apr 29, 2022 Jan 28, 2022 Oct 29, 2021 Jul 30, 2021 Apr 30, 2021 Jan 29, 2021 Oct 30, 2020 Jul 31, 2020 May 1, 2020 Jan 31, 2020 Nov 1, 2019
Debt-to-assets ratio 0.22 0.22 0.21 0.21 0.19 0.20 0.20 0.21 0.18 0.16 0.14 0.16 0.14 0.22 0.29 0.31 0.36 0.42 0.22 0.23
Debt-to-capital ratio 0.52 0.53 0.49 0.51 0.46 0.48 0.48 0.50 0.45 0.40 0.35 0.37 0.33 0.47 0.58 0.61 0.69 0.71 0.42 0.44
Debt-to-equity ratio 1.08 1.11 0.98 1.03 0.86 0.94 0.93 0.99 0.83 0.66 0.54 0.60 0.49 0.89 1.37 1.54 2.18 2.40 0.73 0.80
Financial leverage ratio 4.91 5.06 4.73 4.82 4.58 4.67 4.64 4.69 4.49 4.04 3.81 3.77 3.60 4.08 4.72 4.94 6.08 5.70 3.39 3.53

The solvency ratios of Cracker Barrel Old Country Store indicate the company's ability to meet its long-term financial obligations. The debt-to-assets ratio has remained relatively stable over the observed period, ranging from 0.14 to 0.36. This suggests that, on average, around 20% to 30% of the company's assets are financed through debt.

The debt-to-capital ratio has followed a similar trend, hovering between 0.35 and 0.71. This metric shows that approximately 40% to 70% of Cracker Barrel's capital structure is comprised of debt. The debt-to-equity ratio exhibited more variability, ranging from 0.49 to 2.40. This indicates that the company's shareholders' equity is lower than its total debt in some periods, implying higher financial leverage and risk.

The financial leverage ratio has fluctuated between 3.39 and 6.08, reflecting the company's overall debt levels in relation to equity. A higher financial leverage ratio indicates greater reliance on debt financing, which can amplify both returns and risks for investors.

In conclusion, Cracker Barrel Old Country Store's solvency ratios suggest a moderate level of leverage and debt utilization to support its operations and growth, with some fluctuations in the debt-to-equity ratio indicating changing capital structure dynamics over time.

Coverage ratios

Aug 2, 2024 Apr 26, 2024 Jan 26, 2024 Oct 27, 2023 Jul 28, 2023 Apr 28, 2023 Jan 27, 2023 Oct 28, 2022 Jul 29, 2022 Apr 29, 2022 Jan 28, 2022 Oct 29, 2021 Jul 30, 2021 Apr 30, 2021 Jan 29, 2021 Oct 30, 2020 Jul 31, 2020 May 1, 2020 Jan 31, 2020 Nov 1, 2019
Interest coverage 25.75 36.74 57.52 62.48 69.72 28.69 32.34 34.30 38.77 6.95 5.77 3.76 6.53 8.37 5.78 9.41 4.37 8.43 18.67 17.72

The interest coverage ratio for Cracker Barrel Old Country Store has varied significantly over the past few years, as indicated by the data provided. The interest coverage ratio measures a company's ability to meet its interest obligations with its operating income.

The trend in Cracker Barrel's interest coverage ratio shows fluctuations over the periods listed, ranging from a low of 3.76 to a high of 69.72. A higher interest coverage ratio indicates that the company is more capable of meeting its interest payments from its operating income.

In analyzing the data, it is evident that the interest coverage ratio improved significantly from January 2021 to July 2023, reaching its peak during that period. However, there was a noticeable decline in the ratio in the subsequent periods.

The company's interest coverage ratio experienced a notable drop in the most recent period, indicating a potential decrease in its ability to cover interest expenses with operating income.

Overall, the analysis of Cracker Barrel's interest coverage ratio suggests that while the company has shown strength in certain periods, there have been fluctuations that may warrant further examination to understand the underlying factors influencing these changes.