Brinker International Inc (EAT)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 370,900 | 39,400 | -144,300 | -268,100 | -303,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | — | — | — |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $370,900K)
= 0.00
The debt-to-capital ratio for Brinker International Inc. over the specified period exhibits notable patterns. As of June 30, 2021, June 30, 2022, and June 30, 2023, the ratio is indicated as not available or absent, represented by an em dash ("—"). This suggests that during this time frame, the company's debt-to-capital ratio was either not reported, not applicable, or possibly zero, but the data does not specify this explicitly.
By June 30, 2024 and June 30, 2025, the ratio is explicitly recorded as 0.00, indicating that at these points in time, the company had no debt relative to its total capital structure. This suggests a significant shift in the company's capitalization policy, potentially implying that Brinker International Inc. maintained a debt-free capital structure or that any previous debt was fully paid off prior to these dates.
Overall, the data indicate a transition from a period with no reported debt-to-capital ratio to a scenario where the ratio is effectively zero, pointing to a position of zero leverage or a debt-free financial structure at the latest reporting dates. This shift could reflect strategic financial management, such as deleveraging or avoiding debt issuance, or a change in reporting practices.
Peer comparison
Jun 30, 2025