The Cheesecake Factory (CAKE)
Total asset turnover
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,581,700 | 3,581,700 | 3,439,500 | 3,439,500 | 3,303,160 |
| Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,840,380 | 2,840,380 | 2,775,220 |
| Total asset turnover | 1.18 | 1.18 | 1.21 | 1.21 | 1.19 |
January 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,581,700K ÷ $3,041,760K
= 1.18
The total asset turnover for The Cheesecake Factory over the specified period ranged from 1.18 to 1.21. This ratio indicates the efficiency with which the company generates revenue from its total assets. A higher total asset turnover suggests that the company is using its assets more effectively to generate sales. The relatively stable total asset turnover over the period indicates a consistent performance in utilizing assets to drive revenue. However, a minor decline from 1.21 to 1.18 by the end of the period may suggest a slight decrease in asset efficiency. It is essential for the company to closely monitor this ratio to ensure optimal utilization of assets to support revenue generation going forward.
Peer comparison
Jan 31, 2025