Flanigan'S Enterprises (Flanigan'S Enterprises) Debt-to-Equity : 0.86 (As of Dec. 2023)

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What is Flanigan'S Enterprises Debt-to-Equity?

Flanigan'S Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.7 Mil. Flanigan'S Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46.7 Mil. Flanigan'S Enterprises's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $59.0 Mil. Flanigan'S Enterprises's debt to equity for the quarter that ended in Dec. 2023 was 0.86.

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 Flanigan'S Enterprises's Debt-to-Equity or its related term are showing as below:

BDL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.56 Max: 1.38
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of Flanigan'S Enterprises was 1.38. The lowest was 0.34. And the median was 0.56.

BDL's Debt-to-Equity is ranked better than
53.47% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs BDL: 0.86

Flanigan'S Enterprises Debt-to-Equity Historical Data

The historical data trend for Flanigan'S Enterprises'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.

Flanigan'S Enterprises Debt-to-Equity Chart

Flanigan'S Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.34

1.38

1.00

1.01

0.87

Flanigan'S Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.96	0.91	0.89	0.87	0.86

Competitive Comparison of Flanigan'S Enterprises's Debt-to-Equity

For the Restaurants subindustry, Flanigan'S Enterprises'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.

Flanigan'S Enterprises's Debt-to-Equity Distribution in the Restaurants Industry

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

* The bar in red indicates where Flanigan'S Enterprises's Debt-to-Equity falls into.

Flanigan'S Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flanigan'S Enterprises's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.68	+	47.683)	/	59.225
	=	0.87

Flanigan'S Enterprises's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.723	+	46.746)	/	58.996
	=	0.86

Flanigan'S Enterprises (AMEX:BDL) 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.

Flanigan'S Enterprises Debt-to-Equity Related Terms

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Flanigan'S Enterprises (Flanigan'S Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Flanigan'S Enterprises Inc (AMEX:BDL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0DY:Germany

Address

5059 N.E. 18th Avenue, Fort Lauderdale, FL, USA, 33334

Website

https://www.flanigans.net

Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.

Executives

E. Mary Bennett	director	2168 CENTERVIEW CT N, CLEARWATER FL 33759
Christopher Barry Oneil	director	4101 NE 26TH AVENUE, LIGHTHOUSE POINT FL 33064
August Bucci	director, officer: Chief Operating Officer	13078 NORTHWEST 23RD ST, PEMBROKE PINES FL 33028
James Ii Flanigan	director, officer: President	5059 NORTHEAST 18TH AVE, FORT LAUDERDALE FL 33334
Jeffrey D Kastner	director, officer: CFO & Secretary	5059 N.E. 18TH AVENUE, FORT LAUDERDALE FL 33334
Christopher Jeff Nelms	director	724 SE 17TH TERRACE, DEERFIELD BEACH FL 33441
Michael B Flanigan	director	601 OVERLOOK DRIVE, STUART FL 34994
Barbara J Kronk	director	9990 N.W. 39TH STREET, HOLLYWOOD FL 33024
Jean Picard	officer: VP of Package Operations	8351 NORTHWEST 166TH TERRACE, MIAMI FL 33016
Patrick J Flanigan	director	1750 NORTHWEST RIVER TRAIL, STUART FL 34994
Joseph G Flanigan	director, officer: Chariman & CEO	6 GATEHOUSE ROAD, SEA RANCH LAKES FL 33308