The Cheesecake Factory (CAKE)
Financial leverage ratio
Jan 31, 2025 | Dec 31, 2024 | Oct 31, 2024 | Sep 30, 2024 | Jul 31, 2024 | Jun 30, 2024 | Apr 30, 2024 | Mar 31, 2024 | Jan 31, 2024 | Dec 31, 2023 | Oct 31, 2023 | Sep 30, 2023 | Jul 31, 2023 | Jun 30, 2023 | Apr 30, 2023 | Mar 31, 2023 | Jan 31, 2023 | Dec 31, 2022 | Oct 31, 2022 | Sep 30, 2022 | ||
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Total assets | US$ in thousands | 3,041,760 | 3,041,760 | 2,935,790 | 2,935,790 | 2,879,590 | 2,879,590 | 2,837,640 | 2,837,640 | 2,840,380 | 2,840,380 | 2,769,710 | 2,776,890 | 2,769,710 | 2,769,710 | 2,742,490 | 2,742,490 | 2,775,220 | 2,775,220 | 2,734,070 | 2,734,070 |
Total stockholders’ equity | US$ in thousands | 443,455 | 443,455 | 396,379 | 396,379 | 373,980 | 373,980 | 332,438 | 332,438 | 318,062 | 318,062 | 321,644 | 321,644 | 325,903 | 325,903 | 299,839 | 299,839 | 292,003 | 292,003 | 323,496 | 323,496 |
Financial leverage ratio | 6.86 | 6.86 | 7.41 | 7.41 | 7.70 | 7.70 | 8.54 | 8.54 | 8.93 | 8.93 | 8.61 | 8.63 | 8.50 | 8.50 | 9.15 | 9.15 | 9.50 | 9.50 | 8.45 | 8.45 |
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 fluctuations over the reported periods. As of January 31, 2025, the ratio stands at 6.86, indicating that the company's reliance on debt to finance its operations has decreased. This suggests a healthier financial position as the company is relying less on borrowed funds to support its activities. The downward trend in the financial leverage ratio from a high of 9.50 on December 31, 2022, to the current level reflects a potential decrease in financial risk and improved stability in the company's capital structure. This trend may imply effective management of debt levels and a stronger equity position. Overall, a decreasing financial leverage ratio signals a positive outlook for The Cheesecake Factory in terms of its ability to meet its financial obligations and weather potential economic challenges.
Peer comparison
Jan 31, 2025