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
Does Shake Shack (NYSE:SHAK) Have A Healthy Balance Sheet?
Dec 12
Is Shake Shack (NYSE:SHAK) A Risky Investment?
Jul 12Recent updates
Does Shake Shack (NYSE:SHAK) Have A Healthy Balance Sheet?
Dec 12Why Shake Shack Inc. (NYSE:SHAK) Could Be Worth Watching
Nov 28Shake Shack: Proving Premium Is 'Worth It' In Fast Food's Exodus
Nov 19Is Now The Time To Put Shake Shack (NYSE:SHAK) On Your Watchlist?
Nov 14Shake Shack: Operational Excellence Is Shining Through
Nov 04Shake Shack: Surfing The Wave Of Fast-Food Inflation
Oct 16There Are Reasons To Feel Uneasy About Shake Shack's (NYSE:SHAK) Returns On Capital
Oct 06After Leaping 31% Shake Shack Inc. (NYSE:SHAK) Shares Are Not Flying Under The Radar
Aug 22Shake Shack: Set To Thrive Under New Leadership
Aug 22Shake Shack: A Solid Performance Outlook For The Business
Aug 16Shake Shack: Poor Business Fundamentals Indicate Overvaluation
Jul 14Is Shake Shack (NYSE:SHAK) A Risky Investment?
Jul 12Shake Shack's (NYSE:SHAK) Returns On Capital Not Reflecting Well On The Business
Jun 17Shake Shack: Priced With Too Much Growth Anticipation
May 06Shake Shack: Reiterate Buy Rating As Margin Improvement Initiatives Are Working Well
Feb 27Shake Shack's (NYSE:SHAK) Performance Is Even Better Than Its Earnings Suggest
Feb 22Shake Shack: Upgrading To Buy On Expansion And Marketing Plans
Feb 01The Price Is Right For Shake Shack Inc. (NYSE:SHAK)
Jan 27Shake Shack: Rating Upgrade As Profitability Shows Great Improvement
Nov 20Shake Shack: A Decent Quarter, But Traffic Declines Persist
Nov 03Shake Shack: Combating Revenue Growth And Rising Cost Challenges
Oct 03Shake Shack: Long-Term Story Is Attractive, But Some Near-Term Headwinds
Aug 30Shake Shack: Growth Potential, But Margin Issues Remain
Jun 23Shake Shack: Remain As A Hold Until Further Signs Of Margin Improvement
Jun 13Shake Shack: Margin Movement Is A Concern
Feb 22Shake Shack Q4 2022 Earnings Preview
Feb 15Shake Shack: Margins Remain Under Pressure
Jan 30Shake Shack Q4 revenue surpasses consensus
Jan 10Shake Shack: Beginning Of A Margin Expansion Story
Oct 24Shake Shack: Don't Chase The Stock Here
Aug 15Shake Shack: Burgeoning Urban Sales Solidify Our Long-Term Outperformance Thesis
Jun 21Financial Position Analysis
Short Term Liabilities: SHAK's short term assets ($354.0M) exceed its short term liabilities ($175.8M).
Long Term Liabilities: SHAK's short term assets ($354.0M) 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 51.4% over the past 5 years.
Debt Coverage: SHAK's debt is well covered by operating cash flow (68%).
Interest Coverage: SHAK's interest payments on its debt are well covered by EBIT (80.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/25 |
| Annual Earnings | 2023/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shake Shack Inc. is covered by 32 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Tarantino | Baird |
| Ishan Majumdar | Baptista Research |
| Jeffrey Bernstein | Barclays |