Brinker International Inc (EAT)
Financial leverage ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,593,100 | 2,487,000 | 2,484,400 | 2,274,900 | 2,356,000 |
| Total stockholders’ equity | US$ in thousands | 39,400 | -144,300 | -268,100 | -303,300 | -479,100 |
| Financial leverage ratio | 65.81 | — | — | — | — |
June 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,593,100K ÷ $39,400K
= 65.81
The financial leverage ratio for Brinker International Inc as of June 30, 2024, is 65.81. This ratio measures the extent to which the firm relies on debt to finance its operations and assets. A financial leverage ratio of 65.81 indicates that Brinker International Inc is utilizing significant debt financing compared to equity. It suggests that a substantial portion of the company's assets and operations are funded through debt, which may increase financial risk and interest expenses. It is essential for investors and stakeholders to monitor changes in this ratio over time to assess the company's financial health and sustainability.
Peer comparison
Jun 30, 2024