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.