Jack In The Box Inc (JACK)
Debt-to-equity ratio
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -718,327 | -736,192 | -817,882 | -793,361 | -737,584 |
| Debt-to-equity ratio | — | — | — | — | — |
September 30, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-718,327K
= —
As the debt-to-equity ratio figures are not provided in the table for Jack In The Box Inc for the years ending September 30, 2019 to September 30, 2023, we are unable to perform a detailed analysis of the trend in the company's leverage over this period. However, the debt-to-equity ratio is a crucial financial metric that indicates the proportion of debt and equity used to finance the company's assets and operations. A high debt-to-equity ratio suggests that the company is mainly financed through debt, which can increase financial risk due to higher interest payments and potential liquidity challenges. On the other hand, a lower ratio may indicate a more conservative capital structure but might also signify limited growth opportunities.
To provide a more in-depth analysis and better insights into Jack In The Box Inc's financial leverage, we would need the debt and equity figures for the respective years to calculate the debt-to-equity ratio. This ratio helps investors, creditors, and analysts assess the company's financial health, solvency, and risk management strategies.
Peer comparison
Sep 30, 2023