Bojangles (Bojangles) LT-Debt-to-Total-Asset : 0.21 (As of Sep. 2018)

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What is Bojangles LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bojangles's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.21.

Bojangles's long-term debt to total assets ratio declined from Sep. 2017 (0.28) to Sep. 2018 (0.21). It may suggest that Bojangles is progressively becoming less dependent on debt to grow their business.

Bojangles LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bojangles's LT-Debt-to-Total-Asset 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.

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Bojangles LT-Debt-to-Total-Asset Chart

Bojangles Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

0.40

0.45

0.40

0.32

0.26

Bojangles Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.26	0.25	0.23	0.21

Bojangles LT-Debt-to-Total-Asset Calculation

Bojangles's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	145.81	/	555.468
	=	0.26

Bojangles's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )	/	Total Assets (Q: Sep. 2018 )
	=	116.461	/	550.882
	=	0.21

Bojangles (NAS:BOJA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bojangles LT-Debt-to-Total-Asset Related Terms

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Bojangles (Bojangles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bojangles Inc (NAS:BOJA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bojangles.com

Bojangles Inc operates and franchises hundreds of fast-casual restaurants specializing in Southern food. Breakfast is a major part of Bojangles' business, with almost 40% of total restaurant revenue generated before 11:00 a.m. Bojangles' offers the breakfast menu all day. The company has nearly 400 franchised restaurants and close to 300 company-operated restaurants, primarily located in the Southeastern United States. Nearly half of all restaurants are in North Carolina, and over 100 more are in South Carolina. The company's only international exposure is through a few franchises in Honduras.

Executives

Advent International Gpe Vi-b Lp	10 percent owner	C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Steven M Tadler	director	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
William A Kussell	director, other: Non-Exec Chairman of the Board	C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
John Currie	director	2285 CLARK DRIVE, VANCOUVER A1 V5N 3G9
Advent Partners Gpe Vi-a 2010 Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2010 Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Gpe Vi Gp (delaware) Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Gpe Vi Gp Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2009 Limited Partnership	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi-a Limited Partnership	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2008 Limited Partnership	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gpe Vi-g Lp	10 percent owner	C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Hull Robert F Jr	director	1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Advent International Gpe Vi-c Lp	10 percent owner	C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gpe Vi-d Lp	10 percent owner	C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199