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
Cheesecake Factory (NASDAQ:CAKE) Seems To Use Debt Quite Sensibly
Feb 28
Is Cheesecake Factory (NASDAQ:CAKE) Using Too Much Debt?
Sep 29These 4 Measures Indicate That Cheesecake Factory (NASDAQ:CAKE) Is Using Debt Extensively
Apr 17These 4 Measures Indicate That Cheesecake Factory (NASDAQ:CAKE) Is Using Debt Extensively
Jan 10We Think Cheesecake Factory (NASDAQ:CAKE) Can Stay On Top Of Its Debt
Aug 23Here's Why Cheesecake Factory (NASDAQ:CAKE) Can Manage Its Debt Responsibly
Apr 22Recent updates
Why Cheesecake Factory's Growth Hasn't Translated Into Stock Appreciation
Apr 04Calculating The Fair Value Of The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Mar 23Cheesecake Factory (NASDAQ:CAKE) Has Announced A Dividend Of $0.27
Feb 29Cheesecake Factory (NASDAQ:CAKE) Seems To Use Debt Quite Sensibly
Feb 28Getting In Cheap On The Cheesecake Factory Incorporated (NASDAQ:CAKE) Might Be Difficult
Feb 01The Cheesecake Factory: A Bullish Case Of Restaurant Growth And 3% Dividend Yield
Jan 23Why The Cheesecake Factory Incorporated (NASDAQ:CAKE) Could Be Worth Watching
Jan 08Cheesecake Factory (NASDAQ:CAKE) Could Be Struggling To Allocate Capital
Dec 20Is Cheesecake Factory (NASDAQ:CAKE) Using Too Much Debt?
Sep 29Cheesecake Factory (NASDAQ:CAKE) Is Reinvesting At Lower Rates Of Return
Sep 06Cheesecake Factory's (NASDAQ:CAKE) Dividend Will Be $0.27
Aug 06Cheesecake Factory (NASDAQ:CAKE) Is Due To Pay A Dividend Of $0.27
May 14Is Now An Opportune Moment To Examine The Cheesecake Factory Incorporated (NASDAQ:CAKE)?
May 03These 4 Measures Indicate That Cheesecake Factory (NASDAQ:CAKE) Is Using Debt Extensively
Apr 17A Look At The Intrinsic Value Of The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Mar 15There Are Reasons To Feel Uneasy About Cheesecake Factory's (NASDAQ:CAKE) Returns On Capital
Jan 24These 4 Measures Indicate That Cheesecake Factory (NASDAQ:CAKE) Is Using Debt Extensively
Jan 10What Does The Cheesecake Factory Incorporated's (NASDAQ:CAKE) Share Price Indicate?
Dec 27Estimating The Fair Value Of The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Dec 12Cheesecake Factory's (NASDAQ:CAKE) Returns On Capital Not Reflecting Well On The Business
Oct 16Cheesecake Factory: A Much Better Year Ahead
Oct 06Should You Think About Buying The Cheesecake Factory Incorporated (NASDAQ:CAKE) Now?
Sep 28A Look At The Intrinsic Value Of The Cheesecake Factory Incorporated (NASDAQ:CAKE)
Sep 10We Think Cheesecake Factory (NASDAQ:CAKE) Can Stay On Top Of Its Debt
Aug 23The Cheesecake Factory Q2 2022 Earnings Preview
Jul 26Cheesecake Factory's (NASDAQ:CAKE) Returns On Capital Not Reflecting Well On The Business
Jul 08The Cheesecake Factory: Have The CAKE And Eat It
Jun 28Should You Investigate The Cheesecake Factory Incorporated (NASDAQ:CAKE) At US$31.96?
Jun 05The Cheesecake Factory: Solid First Quarter Results Consistent With Long-Term Outperformance Thesis
May 31Is The Cheesecake Factory Incorporated (NASDAQ:CAKE) Trading At A 36% Discount?
May 21Here's Why Cheesecake Factory (NASDAQ:CAKE) Can Manage Its Debt Responsibly
Apr 22The Cheesecake Factory: Shares Are Now Reasonably Attractive
Mar 23What Does The Cheesecake Factory Incorporated's (NASDAQ:CAKE) Share Price Indicate?
Mar 06The Cheesecake Factory Incorporated's (NASDAQ:CAKE) Intrinsic Value Is Potentially 32% Above Its Share Price
Feb 01Cheesecake Factory (NASDAQ:CAKE) Might Be Having Difficulty Using Its Capital Effectively
Jan 12Cheesecake Factory: Valuation Beginning To Improve
Jan 10Is Cheesecake Factory (NASDAQ:CAKE) Using Too Much Debt?
Dec 25Is There Now An Opportunity In The Cheesecake Factory Incorporated (NASDAQ:CAKE)?
Nov 25The Cheesecake Factory: Well Positioned To Deliver On Growth Catalysts
Nov 08Cheesecake Factory: Strong Restaurant Profit Performance During Covid-19 Pandemic
Oct 15There Are Reasons To Feel Uneasy About Cheesecake Factory's (NASDAQ:CAKE) Returns On Capital
Oct 09An Intrinsic Calculation For The Cheesecake Factory Incorporated (NASDAQ:CAKE) Suggests It's 28% Undervalued
Sep 21Financial 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).