Texas Roadhouse Inc (TXRH)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,358,350 | 1,141,660 | 1,012,640 | 1,058,120 | 927,505 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,358,350K)
= 0.00
The debt-to-capital ratio of Texas Roadhouse Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily composed of equity, which may signify a lower level of financial risk and a greater ability to withstand economic challenges without being burdened by debt obligations. It could also imply that the company has had access to sufficient internally generated funds or equity financing to support its operations and growth initiatives without relying on debt financing. Overall, maintaining a consistent debt-to-capital ratio of 0.00 may reflect Texas Roadhouse Inc's prudent financial management and its ability to maintain a stable and sustainable capital structure.
Peer comparison
Dec 31, 2024