Cheesecake Factory Balance Sheet Health
Financial Health criteria checks 2/6
Cheesecake Factory has a total shareholder equity of $318.1M and total debt of $470.0M, which brings its debt-to-equity ratio to 147.8%. Its total assets and total liabilities are $2.8B and $2.5B respectively. Cheesecake Factory's EBIT is $149.7M making its interest coverage ratio 17.5. It has cash and short-term investments of $56.3M.
Key information
147.8%
Debt to equity ratio
US$470.05m
Debt
Interest coverage ratio | 17.5x |
Cash | US$56.29m |
Equity | US$318.06m |
Total liabilities | US$2.52b |
Total assets | US$2.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAKE *'s short term assets ($300.8M) do not cover its short term liabilities ($660.7M).
Long Term Liabilities: CAKE *'s short term assets ($300.8M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CAKE *'s net debt to equity ratio (130.1%) is considered high.
Reducing Debt: CAKE *'s debt to equity ratio has increased from 23.4% to 147.8% over the past 5 years.
Debt Coverage: CAKE *'s debt is well covered by operating cash flow (46.5%).
Interest Coverage: CAKE *'s interest payments on its debt are well covered by EBIT (17.5x coverage).