Texas Roadhouse Inc (TXRH)

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 3,190,780 2,793,380 2,525,660 2,511,950 2,325,160
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 ÷ $3,190,780K
= 0.00

The debt-to-assets ratio for Texas Roadhouse Inc has consistently been reported at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been using primarily equity to finance its assets rather than relying on debt. A low debt-to-assets ratio typically reflects a lower financial risk for the company as it suggests a strong financial position and lower leverage. Texas Roadhouse's zero debt-to-assets ratio signifies a conservative financial strategy, potentially minimizing interest expenses and maintaining greater financial flexibility.