Jack In The Box Inc (JACK)

Debt-to-assets ratio

		Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020	Sep 30, 2019	Jul 7, 2019	Apr 14, 2019
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	2,887,260	3,001,090	2,951,780	2,903,380	2,907,020	2,922,510	2,863,770	2,823,750	1,758,600	1,750,140	1,787,470	1,790,780	1,913,570	1,906,490	1,886,700	1,861,250	1,690,310	958,483	831,270	832,127
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

January 21, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,887,260K
= 0.00

The debt-to-assets ratio of Jack In The Box, Inc. has been fluctuating within a narrow range over the past eight quarters, varying between 0.58 and 0.65. This indicates that the company is relying more on debt financing relative to its total assets.

Although the ratio has not shown a clear trend, the recent values around 0.60 suggest that the company maintains a significant portion of its assets financed by debt. It is important for investors and stakeholders to monitor this ratio over time to assess the company's financial leverage and debt management strategies.