Denny's (Denny's) Debt-to-Equity

: -6.31 (As of Dec. 2023)

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Denny's's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.2 Mil. Denny's's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $379.1 Mil. Denny's's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-62.7 Mil. Denny's's debt to equity for the quarter that ended in Dec. 2023 was -6.31.

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 Denny's's Debt-to-Equity or its related term are showing as below:

DENN' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.09 Med: -3.27 Max: 100.32
Current: -6.31

During the past 13 years, the highest Debt-to-Equity Ratio of Denny's was 100.32. The lowest was -11.09. And the median was -3.27.

DENN's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.945 vs DENN: -6.31

Denny's Debt-to-Equity Historical Data

The historical data trend for Denny's'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.

Denny's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-3.08

-2.91

-4.98

-11.09

-6.31

Denny's 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															-11.09	-9.11	-9.16	-10.91	-6.31

Competitive Comparison

For the Restaurants subindustry, Denny's'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.

Denny's Debt-to-Equity Distribution

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

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

Denny's Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Denny's's Debt to Equity Ratio for the fiscal year 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
	=	(16.162	+	379.101)	/	-62.686
	=	-6.31

Denny's'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
	=	(16.162	+	379.101)	/	-62.686
	=	-6.31

Denny's (NAS:DENN) 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.

Denny's Debt-to-Equity Related Terms

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Denny's (Denny's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Denny's Corp (NAS:DENN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DE8:Germany

Address

203 East Main Street, Spartanburg, SC, USA, 29319-9966

Website

https://investor.dennys.com

Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from two sources: the sale of food & beverages and the collection of royalties & fees from restaurants.

Executives

Pankaj K Patra	officer: EVP, Chief Digital & Tech Ofc	12157 BETHEL DR., FRISCO TX 75033
Stephen C. Dunn	officer: Sr. V.P., Global Development	203 EAST MAIN STREET, SPARTANBURG SC 29319
John C Miller	director, officer: CEO and President
Stephanie J. Davidson	officer: EVP, Chief People Officer	203 EAST MAIN STREET, SPARTANBURG SC 29319
Gail Sharps Myers	officer: Senior VP, General Counsel	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert P. Verostek	officer: Senior Vice President, Finance	203 EAST MAIN STREET, SPARTANBURG SC 29319
Brenda J Lauderback	director	IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Kelli Valade	director, officer: CEO and President	6820 LBJ FREEWAY, DALLAS TX 75240
Donald C. Robinson	director	203 EAST MAIN STREET, MS P12-02, SPARTANBURG SC 29319
F Mark Wolfinger	officer: Sr. V.P., CFO	DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG SC 29319
Olufunlayo Olurinde Fajemirokun-beck	director	C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Jay C Gilmore	officer: VP, CAO & Corporate Controller	203 EAST MAIN STREET, MSP1202, SPARTANBURG SC 29319
John William Dillon	officer: Sr VP, Chief Marketing Officer	203 EAST MAIN STREET, SPARTANBURG SC 29319
Christopher D Bode	officer: Sr. V.P., Operations	203 EAST MAIN STREET, SPARTANBURG SC 29319
Timothy E. Flemming	officer: Sr. V.P., General Counsel	203 EAST MAIN STREET, SPARTANBURG SC 29319