CAVA Group, Inc. (CAVA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,169,670 | 983,757 | 654,435 | 362,832 | 1,739,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,169,670K
= 0.00
The debt-to-assets ratio for CAVA Group, Inc. remains consistently at 0.00 across the examined periods, specifically on December 31 of each year from 2020 through 2024. This indicates that as of each of these dates, the company's total assets are entirely financed through equity, with no recorded debt obligations. Such a consistent ratio suggests that CAVA Group has historically maintained a conservative leverage profile, relying solely on shareholders' equity for its asset financing. The absence of debt enhances the company's financial stability and flexibility, potentially reducing financial risk related to debt-service obligations. However, it may also imply limited leverage for growth opportunities or operational expansion, which could influence the company's future strategic financial planning.
Peer comparison
Dec 31, 2024