Domino’s Pizza Inc (DPZ)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -4,070,370 | -4,189,060 | -4,209,540 | -3,300,400 | -3,415,760 |
| Debt-to-capital ratio | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-4,070,370K)
= —
The debt-to-capital ratio of Dominos Pizza Inc has shown fluctuations over the past five years, ranging from 5.03% to 6.03%. A higher ratio indicates a greater reliance on debt to finance the company's operations and growth initiatives compared to its equity. The recent ratio of 5.42% as of December 31, 2023, suggests that Dominos Pizza Inc has a moderate level of debt in its capital structure. It is important to monitor this ratio over time to assess the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2023
Company name
Symbol
Debt-to-capital ratio
Domino’s Pizza Inc
DPZ
—
Sysco Corporation
SYY
0.00
US Foods Holding Corp
USFD
0.00