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Texas Roadhouse (STU:ROW) Debt-to-Equity : 0.66 (As of Mar. 2024)


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What is Texas Roadhouse Debt-to-Equity?

Texas Roadhouse's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €25 Mil. Texas Roadhouse's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €705 Mil. Texas Roadhouse's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,111 Mil. Texas Roadhouse's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Texas Roadhouse's Debt-to-Equity or its related term are showing as below:

STU:ROW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.6   Max: 0.94
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Texas Roadhouse was 0.94. The lowest was 0.00. And the median was 0.60.

STU:ROW's Debt-to-Equity is ranked better than
62.71% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs STU:ROW: 0.66

Texas Roadhouse Debt-to-Equity Historical Data

The historical data trend for Texas Roadhouse's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Roadhouse Debt-to-Equity Chart

Texas Roadhouse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.90 0.70 0.74 0.68

Texas Roadhouse Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.68 0.69 0.68 0.66

Competitive Comparison of Texas Roadhouse's Debt-to-Equity

For the Restaurants subindustry, Texas Roadhouse's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Roadhouse's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Texas Roadhouse's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Texas Roadhouse's Debt-to-Equity falls into.



Texas Roadhouse Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Texas Roadhouse's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Texas Roadhouse's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Roadhouse  (STU:ROW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Texas Roadhouse Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Texas Roadhouse's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Roadhouse (STU:ROW) Business Description

Traded in Other Exchanges
Address
6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

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