Shake Shack Inc (SHAK)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Sep 23, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,696,970 | 1,675,420 | 1,661,760 | 1,618,830 | 1,605,790 | 1,564,860 | 1,532,820 | 1,506,920 | 1,494,860 | 1,501,770 | 1,480,080 | 1,449,730 | 1,457,570 | 1,440,300 | 1,432,270 | 1,407,590 | 1,145,350 | 1,137,200 | 1,137,200 | 1,123,940 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,696,970K
= 0.00
The debt-to-assets ratio for Shake Shack Inc has consistently remained at 0.00 across all reported periods from June 30, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, which may suggest a conservative approach to capital structure and financial risk management. It also implies a lower financial risk due to the absence of debt obligations and associated interest payments. It is important to note that while a low debt-to-assets ratio can be favorable in terms of financial stability, it may also indicate limited utilization of leverage for potential growth or capital expansion opportunities.
Peer comparison
Dec 31, 2024