The Cheesecake Factory (CAKE)
Financial leverage ratio
| Jan 31, 2025 | Dec 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,840,380 | 2,840,380 | 2,775,220 |
| Total stockholders’ equity | US$ in thousands | 443,455 | 443,455 | 318,062 | 318,062 | 292,003 |
| Financial leverage ratio | 6.86 | 6.86 | 8.93 | 8.93 | 9.50 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,041,760K ÷ $443,455K
= 6.86
The financial leverage ratio of The Cheesecake Factory has shown a decreasing trend over the past few years, indicating a reduction in the company's reliance on debt to finance its operations and investments. As of January 31, 2025, the financial leverage ratio stood at 6.86, which suggests that the company is utilizing less debt compared to previous periods to support its assets and operations. This decreasing trend in the financial leverage ratio could be a positive sign for the company, as it indicates a lower financial risk and potentially greater financial stability. It is important for investors and stakeholders to monitor this ratio to assess the company's capital structure and risk profile.
Peer comparison
Jan 31, 2025