Papa John's International Inc (PZZA)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	757,422	597,069	480,730	328,292	347,290
Total stockholders’ equity	US$ in thousands	-459,092	-286,393	-187,670	-282,178	-332,321
Debt-to-equity ratio		—	—	—	—	—

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $757,422K ÷ $-459,092K
= —

Unfortunately, I cannot provide a detailed analysis of Papa John`s International, Inc. debt-to-equity ratio as specific data for the ratio is not available. This ratio is a key financial metric that indicates the proportion of a company's debt to its equity and is used to evaluate its financial leverage. Without the mentioned data points, a trend analysis over the years or a comparison with industry standards cannot be conducted. It is essential to have the actual values of debt and equity for the years provided to calculate the ratio and assess the company's financial position accurately.