Texas Roadhouse Inc (TXRH)
Financial leverage ratio
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total assets | US$ in thousands | 3,190,780 | 2,913,820 | 2,861,910 | 2,830,400 | 3,058,920 | 2,546,340 | 2,514,990 | 2,474,860 | 2,525,660 | 2,365,050 | 2,321,720 | 2,437,320 | 2,511,950 | 2,442,550 | 2,448,940 | 2,406,730 | 2,325,160 | 2,188,010 | 2,130,480 | 2,054,700 |
Total stockholders’ equity | US$ in thousands | 1,358,350 | 1,308,290 | 1,262,640 | 1,207,190 | 1,141,660 | 1,103,960 | 1,082,980 | 1,055,250 | 1,012,640 | 977,575 | 938,892 | 1,019,780 | 1,058,120 | 1,065,170 | 1,046,840 | 993,621 | 927,505 | 902,916 | 868,021 | 896,292 |
Financial leverage ratio | 2.35 | 2.23 | 2.27 | 2.34 | 2.68 | 2.31 | 2.32 | 2.35 | 2.49 | 2.42 | 2.47 | 2.39 | 2.37 | 2.29 | 2.34 | 2.42 | 2.51 | 2.42 | 2.45 | 2.29 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,190,780K ÷ $1,358,350K
= 2.35
The financial leverage ratio of Texas Roadhouse Inc has shown fluctuations over the reported periods. The ratio increased from 2.29 as of March 31, 2020, to a peak of 2.68 as of December 31, 2023, before declining to 2.35 as of June 30, 2024. This ratio indicates that the company's reliance on debt financing relative to equity has varied, with periods of higher leverage followed by decreases. It is important to monitor this ratio as it can reflect the company's ability to meet its financial obligations and manage its debt levels effectively.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Texas Roadhouse Inc
TXRH
2.35
Aramark Holdings
ARMK
4.17
BJs Restaurants Inc
BJRI
2.81
Bloomin Brands Inc
BLMN
24.98
Brinker International Inc
EAT
65.81
Chipotle Mexican Grill Inc
CMG
2.52
Cracker Barrel Old Country Store
CBRL
4.91
Darden Restaurants Inc
DRI
5.70
Dave & Buster’s Entertainment
PLAY
27.54
Jack In The Box Inc
JACK
—
McDonald’s Corporation
MCD
—