Domino’s Pizza Inc (DPZ)
Solvency ratios
| 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 | Dec 31, 2019 | Sep 8, 2019 | Jun 16, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The solvency ratios provide insights into Dominos Pizza Inc's ability to meet its long-term financial obligations and the extent of its reliance on debt financing. The debt-to-assets ratio has shown a relatively stable trend around 3 over the past eight quarters, indicating that the company finances approximately 3% of its assets through debt.
The debt-to-capital ratio has exhibited fluctuations between 5.42 and 6.03 during the same period, suggesting a varying proportion of debt in the company's capital structure. This ratio indicates that between 5.42% and 6.03% of Dominos Pizza Inc's capital is sourced from debt.
It is worth noting that the debt-to-equity ratio and financial leverage ratio data are not available for analysis. Further analysis of these ratios could provide a more comprehensive view of Dominos Pizza Inc's solvency position and its financial leverage levels.
Coverage ratios
| 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 | Dec 31, 2019 | Sep 8, 2019 | Jun 16, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 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 | 4.20 | 4.09 | 4.02 | 3.87 |
Based on the interest coverage ratios provided for Dominos Pizza Inc over the past eight quarters, we can observe a consistent trend of strong interest coverage ratios above 3. This indicates that the company has been generating sufficient earnings before interest and taxes (EBIT) to cover its interest expenses over this period.
The interest coverage ratios have ranged from 3.77 to 4.44, with a gradual increase in Q4 2022 and a relatively stable performance thereafter. This suggests that Dominos Pizza Inc has been effectively managing its debt obligations and maintaining a healthy level of interest coverage.
Overall, the data indicates that Dominos Pizza Inc has a solid ability to meet its interest payments with its operating income, reflecting a sound financial position and reduced risk of default due to interest payments.