Chuy's Holdings Inc (CHUY)
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 | 0 | — | — | — | 0 | — | — | — | 0 | — | — | — | 0 | — | — | 25,000 | 0 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 249,847 | 249,227 | 261,407 | 252,578 | 244,561 | 248,959 | 255,750 | 248,234 | 262,794 | 264,195 | 263,339 | 249,348 | 241,858 | 238,950 | 235,115 | 181,396 | 194,936 | 195,293 | 198,292 | 194,923 |
| 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 | 0.14 | 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
The debt-to-equity ratio of Chuy's Holdings Inc has been consistently at 0.00 for the past eight quarters. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity for funding. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and carries no debt on its balance sheet, which could be viewed positively by investors and creditors as it suggests lower financial risk. However, it is important to note that a low debt-to-equity ratio may also limit the company's growth opportunities and potential returns for shareholders compared to companies that utilize debt for expansion. Further analysis of Chuy's financial strategy and capital structure is recommended to understand the full implications of this consistent ratio over time.
Peer comparison
Dec 31, 2023