Shake Shack Balance Sheet Health
Financial Health criteria checks 4/6
Shake Shack has a total shareholder equity of $486.4M and total debt of $246.2M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are $1.7B and $1.2B respectively. Shake Shack's EBIT is $21.6M making its interest coverage ratio -22.8. It has cash and short-term investments of $304.4M.
Key information
50.6%
Debt to equity ratio
US$246.16m
Debt
| Interest coverage ratio | -22.8x |
| Cash | US$304.41m |
| Equity | US$486.37m |
| Total liabilities | US$1.18b |
| Total assets | US$1.66b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHAK *'s short term assets ($345.7M) exceed its short term liabilities ($168.1M).
Long Term Liabilities: SHAK *'s short term assets ($345.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SHAK * has more cash than its total debt.
Reducing Debt: SHAK *'s debt to equity ratio has increased from 0% to 50.6% over the past 5 years.
Debt Coverage: SHAK *'s debt is well covered by operating cash flow (62.6%).
Interest Coverage: SHAK * earns more interest than it pays, so coverage of interest payments is not a concern.