Jack In The Box Inc (JACK)
Financial leverage ratio
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
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Total assets | US$ in thousands | 2,735,630 | 3,001,090 | 2,922,510 | 1,750,140 | 1,906,490 |
Total stockholders’ equity | US$ in thousands | -851,798 | -718,327 | -736,192 | -817,882 | -793,361 |
Financial leverage ratio | — | — | — | — | — |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,735,630K ÷ $-851,798K
= —
The financial leverage ratio for Jack In The Box Inc was not provided in the table. In financial analysis, the financial leverage ratio indicates the extent to which a company relies on debt to finance its operations and growth. A higher financial leverage ratio implies a higher degree of financial risk due to increased debt obligations. On the other hand, a lower financial leverage ratio suggests a stronger financial position with less reliance on debt financing. To assess the company's financial health and risk profile accurately, it is crucial to compute and analyze the financial leverage ratio using the relevant financial data such as total debt and shareholder's equity.
Peer comparison
Sep 30, 2024