Shake Shack Balance Sheet Health
Financial Health criteria checks 4/6
Shake Shack has a total shareholder equity of $479.1M and total debt of $246.4M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are $1.7B and $1.2B respectively. Shake Shack's EBIT is $26.5M making its interest coverage ratio 80.3. It has cash and short-term investments of $310.9M.
Key information
51.4%
Debt to equity ratio
US$246.42m
Debt
| Interest coverage ratio | 80.3x |
| Cash | US$310.87m |
| Equity | US$479.06m |
| Total liabilities | US$1.20b |
| Total assets | US$1.68b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9SH's short term assets ($354.0M) exceed its short term liabilities ($175.8M).
Long Term Liabilities: 9SH's short term assets ($354.0M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: 9SH has more cash than its total debt.
Reducing Debt: 9SH's debt to equity ratio has increased from 0% to 51.4% over the past 5 years.
Debt Coverage: 9SH's debt is well covered by operating cash flow (68%).
Interest Coverage: 9SH's interest payments on its debt are well covered by EBIT (80.3x coverage).