Shake Shack Balance Sheet Health
Financial Health criteria checks 4/6
Shake Shack has a total shareholder equity of $469.4M and total debt of $245.6M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are $1.6B and $1.1B respectively. Shake Shack's EBIT is $12.3M making its interest coverage ratio -10.6. It has cash and short-term investments of $293.2M.
Key information
52.3%
Debt to equity ratio
US$245.64m
Debt
Interest coverage ratio | -10.6x |
Cash | US$293.21m |
Equity | US$469.37m |
Total liabilities | US$1.14b |
Total assets | US$1.61b |
Recent financial health updates
Is Shake Shack (NYSE:SHAK) Using Too Much Debt?
Dec 15Is Shake Shack (NYSE:SHAK) A Risky Investment?
Jul 13Is Shake Shack (NYSE:SHAK) Using Debt In A Risky Way?
Jan 24Is Shake Shack (NYSE:SHAK) Using Debt Sensibly?
Sep 07Is Shake Shack (NYSE:SHAK) Weighed On By Its Debt Load?
May 22Recent updates
Shake 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 27Is Shake Shack (NYSE:SHAK) Using Too Much Debt?
Dec 15Shake Shack: Rating Upgrade As Profitability Shows Great Improvement
Nov 20Shake Shack: A Decent Quarter, But Traffic Declines Persist
Nov 03Shake Shack's (NYSE:SHAK) Returns On Capital Not Reflecting Well On The Business
Nov 03Shake Shack: Combating Revenue Growth And Rising Cost Challenges
Oct 03Shake Shack: Long-Term Story Is Attractive, But Some Near-Term Headwinds
Aug 30Is Shake Shack (NYSE:SHAK) A Risky Investment?
Jul 13Shake Shack: Growth Potential, But Margin Issues Remain
Jun 23Shake Shack: Remain As A Hold Until Further Signs Of Margin Improvement
Jun 13At US$55.25, Is Shake Shack Inc. (NYSE:SHAK) Worth Looking At Closely?
Apr 18Shake Shack Inc.'s (NYSE:SHAK) Intrinsic Value Is Potentially 22% Below Its Share Price
Mar 28Shake Shack: Margin Movement Is A Concern
Feb 22Shake Shack Q4 2022 Earnings Preview
Feb 15Shake Shack: Margins Remain Under Pressure
Jan 30Is Shake Shack (NYSE:SHAK) Using Debt In A Risky Way?
Jan 24Shake Shack Q4 revenue surpasses consensus
Jan 10What Does Shake Shack Inc.'s (NYSE:SHAK) Share Price Indicate?
Dec 28An Intrinsic Calculation For Shake Shack Inc. (NYSE:SHAK) Suggests It's 32% Undervalued
Dec 02Shake Shack: Beginning Of A Margin Expansion Story
Oct 24Is Shake Shack (NYSE:SHAK) Using Debt Sensibly?
Sep 07Shake Shack: Don't Chase The Stock Here
Aug 15Shake Shack: Burgeoning Urban Sales Solidify Our Long-Term Outperformance Thesis
Jun 21Is Shake Shack (NYSE:SHAK) Weighed On By Its Debt Load?
May 22Shake Shack: Revenue Growth Is Strong, But That Doesn't Mean You Should Buy The Dip
May 16Shake Shack: Another Falling Knife That Could Fall Further
Mar 04Health Check: How Prudently Does Shake Shack (NYSE:SHAK) Use Debt?
Feb 10Shake Shack: Limited Margin Of Safety At Current Levels
Jan 03Shake Shack: A Growth Stock Trading Below The Industry Average Multiple
Dec 23Shake Shack: Urban Shacks Bounce Back In Q3
Nov 23Is Shake Shack (NYSE:SHAK) Using Debt Sensibly?
Oct 24After 2Q21 Earnings, Shake Shack Remains Overvalued By 70%+
Sep 08Shake Shack: A Better Q2 With Strong Unit Growth Ahead
Aug 22Shake Shack: Upbeat Quarter Solidifies Strong Long-Term Outlook
Aug 16Is Shake Shack (NYSE:SHAK) Using Too Much Debt?
Jul 08Shake Shack: Well Positioned For Strong Growth Following Urban Recovery
Jun 22Financial Position Analysis
Short Term Liabilities: SHAK's short term assets ($334.4M) exceed its short term liabilities ($164.1M).
Long Term Liabilities: SHAK's short term assets ($334.4M) do not cover its long term liabilities ($972.4M).
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 0.1% to 52.3% over the past 5 years.
Debt Coverage: SHAK's debt is well covered by operating cash flow (53.8%).
Interest Coverage: SHAK earns more interest than it pays, so coverage of interest payments is not a concern.