Brinker International Inc (EAT)

Financial leverage ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Dec 23, 2020
Total assets US$ in thousands 2,678,600 2,571,900 2,560,300 2,533,100 2,593,100 2,495,700 2,510,700 2,474,800 2,487,000 2,478,100 2,519,600 2,493,800 2,484,400 2,458,800 2,457,300 2,339,400 2,274,900 2,309,000 2,357,700 2,357,700
Total stockholders’ equity US$ in thousands 370,900 259,000 131,500 12,700 39,400 -46,700 -109,500 -156,300 -144,300 -210,300 -267,500 -296,600 -268,100 -311,200 -327,400 -325,500 -303,300 -390,600 -444,100 -444,100
Financial leverage ratio 7.22 9.93 19.47 199.46 65.81 — — — — — — — — — — — — — — —

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,678,600K ÷ $370,900K
= 7.22

The financial leverage ratio for Brinker International Inc remains unreported (denoted as "—") for all periods prior to June 30, 2024. The first recorded value appears on June 30, 2024, at 65.81, indicating a substantial increase in leverage at that point. This upward trend continues markedly, with the ratio reaching 199.46 on September 30, 2024. Following this peak, the leverage ratio declines significantly but remains elevated relative to earlier periods, at 19.47 as of December 31, 2024, and further decreases to 9.93 by March 31, 2025. Subsequently, the ratio continues to decline, with values of 7.22 on June 30, 2025. This pattern indicates a period of heightened financial leverage beginning around mid-2024, followed by a gradual reduction in leverage levels over the subsequent quarters. The absence of data prior to mid-2024 prevents a comprehensive historical comparison, but the recent figures suggest a strategic or operational shift that resulted in an increased reliance on debt or other forms of financial leverage during that period.