The Cheesecake Factory (CAKE)

Interest coverage

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	108,566	85,304	64,069	44,540	38,935	55,037	88,619	101,795	82,318	42,528	-23,707	-148,535	-347,437	-302,239	-240,417	-116,608	103,598	116,570	123,101	117,545
Interest expense (ttm)	US$ in thousands	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest coverage		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $108,566K ÷ $0K
= —

As there is no specific data provided for The Cheesecake Factory's interest coverage ratio across the various quarters, it is not possible to conduct a detailed analysis of the trend or level of interest coverage over time. The interest coverage ratio is a financial metric used to assess a company's ability to meet its interest obligations on outstanding debt, with higher ratios indicating a stronger ability to cover interest expenses.

To evaluate The Cheesecake Factory's interest coverage effectively, it would be necessary to have the company's operating income and interest expense figures for each quarter in order to calculate the ratio. Without this information, it is not possible to determine the company's financial health in terms of its ability to meet its interest payments using the interest coverage ratio.

In conclusion, a lack of available data on interest coverage for The Cheesecake Factory precludes a comprehensive analysis of its ability to cover interest expenses and meet its debt obligations.