The Cheesecake Factory (CAKE)
Debt-to-assets ratio
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 452,062 | — | 470,047 | — |
| Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,840,380 | 2,840,380 | 2,775,220 |
| Debt-to-assets ratio | 0.00 | 0.15 | 0.00 | 0.17 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,041,760K
= 0.00
The debt-to-assets ratio of The Cheesecake Factory provides insight into the company's financial leverage and ability to cover its liabilities using its assets. Examining the data provided, we see that the ratio fluctuated over the period in question, ranging from 0.00 to 0.17. A lower ratio indicates a lower level of debt relative to assets, suggesting a stronger financial position and less reliance on borrowing. However, it is important to note that a very low ratio may also imply underutilization of debt for potential growth or tax benefits. Overall, the trend in The Cheesecake Factory's debt-to-assets ratio shows stability with occasional minor fluctuations, reflecting a balanced approach to debt management and asset allocation.
Peer comparison
Jan 31, 2025