Papa John's International Inc (PZZA)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 875,005 | 864,227 | 885,704 | 872,770 | 730,721 |
| Total stockholders’ equity | US$ in thousands | -459,092 | -286,393 | -187,670 | -282,178 | -332,321 |
| Financial leverage ratio | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $875,005K ÷ $-459,092K
= —
To analyze Papa John's International, Inc.'s financial leverage ratio, we need data on total assets and total liabilities for each year. However, as the financial leverage ratio figures are not provided in the table, we are unable to calculate or interpret this specific ratio to evaluate the company's leverage levels and financial risk across the years shown.
The financial leverage ratio, which is typically calculated as total assets divided by total equity or total debt divided by total equity, provides insights into the proportion of a company's assets that are financed through debt as opposed to equity. A higher financial leverage ratio indicates higher financial risk due to increased debt obligations.
Without the specific financial leverage ratio figures for Papa John's International, Inc., a detailed analysis of the company's leverage trends and their impact on its financial position and risk profile cannot be provided. It is recommended to refer to the company's financial statements or seek additional information to gain a deeper understanding of its leverage ratios and financial health over the years stated.
Peer comparison
Dec 31, 2023