CAVA Group, Inc. (CAVA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 695,566 | 570,802 | 213,805 | 269,287 | 870,900 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $695,566K)
= 0.00
The debt-to-capital ratio of CAVA Group, Inc. remains consistently at 0.00 across all the reported periods from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt financing and relies entirely on equity to finance its assets during these years. A zero debt-to-capital ratio suggests a completely equity-financed capital structure, which implies no leverage and might reflect a conservative financial strategy, a phase of initial growth before taking on debt, or a preference for maintaining a low risk profile. Over this period, the company's capital structure appears to be devoid of debt obligations, maintaining a stable and debt-free balance sheet profile throughout the observed timeframe.
Peer comparison
Dec 31, 2024