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.
Peer comparison
Jun 30, 2024