Shake Shack Inc (SHAK)
Debt-to-equity 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 | 470,018 | 443,417 | 395,116 | 435,600 | 407,321 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $470,018K
= 0.00
The debt-to-equity ratio for Shake Shack Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not been relying on debt to finance its operations but rather has been predominantly funded by equity. A low or zero debt-to-equity ratio typically suggests that the company is not taking on significant financial risks related to debt obligations. Shake Shack Inc's stable and low debt-to-equity ratio may indicate a strong financial position with less financial leverage, which could be favorable for the company's long-term financial health and stability.
Peer comparison
Dec 31, 2024