GEN Restaurant Group (GEN Restaurant Group) Debt-to-Equity : 13.50 (As of Dec. 2023)

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What is GEN Restaurant Group Debt-to-Equity?

GEN Restaurant Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.0 Mil. GEN Restaurant Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $115.0 Mil. GEN Restaurant Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9.0 Mil. GEN Restaurant Group's debt to equity for the quarter that ended in Dec. 2023 was 13.50.

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 GEN Restaurant Group's Debt-to-Equity or its related term are showing as below:

GENK' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.29 Med: 1.24 Max: 13.5
Current: 13.5

During the past 5 years, the highest Debt-to-Equity Ratio of GEN Restaurant Group was 13.50. The lowest was -14.29. And the median was 1.24.

GENK's Debt-to-Equity is ranked worse than
97.69% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs GENK: 13.50

GEN Restaurant Group Debt-to-Equity Historical Data

The historical data trend for GEN Restaurant Group'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.

GEN Restaurant Group Debt-to-Equity Chart

GEN Restaurant Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.32

-3.46

1.24

-14.29

13.50

GEN Restaurant Group Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								-14.29	35.29	33.80	20.16	13.50

Competitive Comparison of GEN Restaurant Group's Debt-to-Equity

For the Restaurants subindustry, GEN Restaurant Group'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.

GEN Restaurant Group's Debt-to-Equity Distribution in the Restaurants Industry

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

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

GEN Restaurant Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GEN Restaurant Group'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
	=	(6.021	+	115.049)	/	8.966
	=	13.50

GEN Restaurant Group'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
	=	(6.021	+	115.049)	/	8.966
	=	13.50

GEN Restaurant Group (NAS:GENK) 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.

GEN Restaurant Group Debt-to-Equity Related Terms

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GEN Restaurant Group (GEN Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » GEN Restaurant Group Inc (NAS:GENK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11480 South Street, Suite 205, Cerritos, CA, USA, 90703

Website

https://www.genkoreanbbq.com

GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal	officer: Chief Financial Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang	director, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan	director	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc	10 percent owner	2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin	director, 10 percent owner, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703