CAVA Group Balance Sheet Health
Financial Health criteria checks 6/6
CAVA Group has a total shareholder equity of $570.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $983.8M and $413.0M respectively. CAVA Group's EBIT is $15.7M making its interest coverage ratio -1.8. It has cash and short-term investments of $332.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -1.8x |
| Cash | US$332.43m |
| Equity | US$570.80m |
| Total liabilities | US$412.96m |
| Total assets | US$983.76m |
Recent financial health updates
Recent updates
CAVA Group: Soaring GenZ Appeal, Questionable Investor Appetite
May 13CAVA Group: Time To Lock In Gains Here (Ratings Downgrade)
Apr 01CAVA Group: Outlook Expected To Slow Down
Mar 11Cava: Making Sense Of The Mediterranean Craze
Feb 28Capitalizing On The CAVA Craze
Jan 30CAVA Group: Holding For Now Despite Impressive Growth
Jan 15We're Not Worried About CAVA Group's (NYSE:CAVA) Cash Burn
Jan 10
CAVA Group: Too Many Risks Aren't Priced In
Jan 02CAVA Group: Satisfying Meal And Compelling Story, But Expensive
Dec 05CAVA: Beat And Raise Proves The Thesis Is Working
Nov 29CAVA: The Next Chipotle At An Unreasonably Low Price
Nov 02CAVA Group: See Plenty Of Downside Ahead, Sell
Oct 26Chipotle Vs. CAVA: Which Is The Better Buy?
Sep 28Craving CAVA
Sep 20CAVA: Getting In For The Long Haul
Aug 23CAVA Group: The Chipotle Of Mediterranean Cuisine
Aug 14CAVA Group: Attractive Despite High Valuation
Jul 19CAVA Group: IPO Feels Like It's 2021 Again
Jun 16Financial Position Analysis
Short Term Liabilities: CAVA's short term assets ($354.9M) exceed its short term liabilities ($109.0M).
Long Term Liabilities: CAVA's short term assets ($354.9M) exceed its long term liabilities ($303.9M).
Debt to Equity History and Analysis
Debt Level: CAVA is debt free.
Reducing Debt: CAVA had no debt 5 years ago.
Debt Coverage: CAVA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAVA has no debt, therefore coverage of interest payments is not a concern.