Jack In The Box Inc (JACK)
Debt-to-assets ratio
| Sep 30, 2024 | Jul 7, 2024 | Apr 14, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,735,630 | 2,745,220 | 2,898,980 | 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 |
| 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 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,735,630K
= 0.00
The debt-to-assets ratio for Jack In The Box Inc over the past several quarters has consistently been reported as 0.00, indicating that the company has had no debt on its balance sheet relative to its total assets. This suggests that the company has not relied on debt financing to fund its operations or expansion activities during the periods analyzed. A debt-to-assets ratio of 0.00 is often seen as a very positive indicator of financial health, as it signifies that the company's assets are primarily financed through equity rather than debt, which can lower financial risk and increase flexibility. It is important to note that while a low or zero debt-to-assets ratio can be favorable, it is also crucial to evaluate other financial metrics and consider the overall financial strategy of the company to gain a more comprehensive understanding of its financial position and performance.
Peer comparison
Sep 30, 2024