Papa John's International Inc (PZZA)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands — — — — —
Total assets US$ in thousands 888,952 875,005 864,227 885,704 872,770
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $888,952K
= 0.00

The debt-to-assets ratio of Papa John's International Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to acquire its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily funded by equity, which may imply a low financial risk and a strong financial position. However, it is essential to consider other financial metrics and factors to gain a holistic view of the company's overall financial health and risk profile.