Jack In The Box Inc (JACK)
Solvency ratios
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
---|---|---|---|---|---|
Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Debt-to-capital ratio | — | — | — | — | — |
Debt-to-equity ratio | — | — | — | — | — |
Financial leverage ratio | — | — | — | — | — |
Based on the provided solvency ratios for Jack In The Box Inc over the past five years, it appears that the company has consistently maintained a debt-to-assets ratio of 0.00 across all years. This suggests that the company has not used debt as a source of financing to fund its assets, which can be seen as a positive indicator of financial strength and stability.
However, without data for the debt-to-capital ratio, debt-to-equity ratio, and financial leverage ratio, it is challenging to provide a more comprehensive analysis of the company's overall solvency position. These additional ratios would provide a more holistic view of the company's capital structure and ability to meet its financial obligations.
In summary, based on the debt-to-assets ratio alone, Jack In The Box Inc appears to have a low debt level relative to its assets, indicating a strong solvency position. It would be beneficial to have access to the missing solvency ratios to conduct a more thorough evaluation of the company's financial health.
Coverage ratios
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
---|---|---|---|---|---|
Interest coverage | 17.09 | 54.71 | 44.63 | 51.01 | 40.19 |
Interest coverage measures a company's ability to cover its interest expenses with its earnings before interest and taxes (EBIT). Jack In The Box Inc's interest coverage has been consistently strong over the past five years, with ratios ranging from 17.09 to 54.71. This indicates that the company generates significantly more earnings than needed to cover its interest payments, showcasing a solid financial position. The high interest coverage ratios suggest that Jack In The Box Inc has a comfortable margin of safety when it comes to meeting its interest obligations, which may indicate financial stability and a lower risk of default. Overall, the trend of the interest coverage ratios reflects a financially healthy and stable position for Jack In The Box Inc over the past five years.