Domino's Pizza Inc Common Stock (DPZ)
Solvency ratios
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Domino's Pizza Inc Common Stock, the solvency ratios indicate a consistent and strong financial position in terms of debt management and capital structure.
1. Debt-to-assets ratio: The ratio consistently shows as 0.00 across all reported periods, indicating that Domino's Pizza Inc has no outstanding debt relative to its total assets. This suggests that the company has a low financial risk associated with its leverage and is effectively funding its operations without relying heavily on debt.
2. Debt-to-capital ratio: The data is not available for this ratio in all reported periods, represented as "—". Therefore, a comprehensive analysis of the company's specific debt-to-capital structure cannot be determined based on the information provided.
3. Debt-to-equity ratio: Similar to the debt-to-capital ratio, the data is not available for the debt-to-equity ratio in all reported periods, represented as "—". Consequently, an evaluation of how much of the company's operations are funded through debt versus equity is not feasible from the data provided.
4. Financial leverage ratio: The data is not available for the financial leverage ratio in all reported periods, represented as "—". This ratio would have provided insight into the extent to which Domino's Pizza Inc is using debt to finance its assets and operations.
In conclusion, based on the available information, Domino's Pizza Inc Common Stock appears to be in a strong solvency position with very low to no indebtedness relative to its assets. However, the lack of data for the debt-to-capital, debt-to-equity, and financial leverage ratios limits a more nuanced assessment of the company's overall leverage and capital structure.
Coverage ratios
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 4.69 | 4.62 | 4.57 | 4.42 | 4.32 | 4.23 | 3.99 | 3.97 | 3.89 | 3.92 | 3.94 | 3.98 | 4.26 | 4.34 | 4.41 | 4.41 | 4.22 | 4.15 | 4.16 | 4.16 |
Domino's Pizza Inc Common Stock has shown a relatively stable interest coverage ratio over the past few years, ranging from 3.89 to 4.69. The interest coverage ratio measures the company's ability to meet its interest obligations on outstanding debt. A higher ratio indicates that the company is more capable of covering its interest expenses with its operating income.
The trend in Domino's Pizza Inc's interest coverage ratio shows a slight decrease from 4.41 in June 2021 to 3.99 in June 2023, followed by an increase to 4.69 by December 2024. Overall, the company has maintained a ratio above 3.0, which generally indicates a healthy level of interest coverage and suggests that Domino's Pizza Inc has been able to comfortably meet its interest payment obligations.
Investors and creditors typically view a consistent or improving interest coverage ratio favorably, as it signifies financial stability and the ability to manage debt obligations effectively. The fluctuation in the interest coverage ratio for Domino's Pizza Inc may prompt further analysis into factors affecting the company's profitability and debt management strategies.