Brinker International Inc (EAT)

Financial leverage ratio

		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 23, 2020	Sep 23, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Total assets	US$ in thousands	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	2,335,300	2,356,000	2,585,400	2,503,700	2,491,000
Total stockholders’ equity	US$ in thousands	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	-465,100	-479,100	-574,700	-568,900	-585,100
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, was 65.81. This ratio helps assess the extent to which the company is reliant on debt to fund its operations and investments. A higher financial leverage ratio indicates a higher level of financial risk, as increased debt can magnify both gains and losses.

Without historical data for comparison, it is challenging to provide a trend analysis for the financial leverage ratio. It would be beneficial to track this ratio over multiple periods to understand changes in the company's capital structure and debt levels. This information can provide insights into the company's ability to meet its debt obligations and its overall financial stability.