Chuy's Holdings Inc (CHUY)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 0 | 0 | 0 | 0 | 0 |
| Total stockholders’ equity | US$ in thousands | 249,847 | 244,561 | 262,794 | 241,858 | 194,936 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $0K ÷ $249,847K
= 0.00
Based on the data presented, Chuy`s Holdings Inc has consistently maintained a debt-to-equity ratio of 0.00 over the past five years, from 2019 to 2023. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity for funding its activities. A debt-to-equity ratio of 0.00 suggests that the company has no financial leverage and is not exposed to the risks associated with debt repayment obligations. This may imply a conservative financing strategy, as the company has chosen to avoid taking on additional debt to fund its growth or operations.
Peer comparison
Dec 31, 2023