Shake Shack Inc (SHAK)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 470,018 | 456,102 | 462,400 | 446,386 | 443,054 | 416,354 | 406,271 | 395,418 | 395,116 | 403,495 | 402,765 | 400,415 | 435,600 | 443,279 | 443,532 | 413,933 | 407,321 | 417,692 | 417,692 | 421,578 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $470,018K
= 0.00
The debt-to-equity ratio of Shake Shack Inc has remained consistently at 0.00 from June 30, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing during this period to fund its operations or growth initiatives. A debt-to-equity ratio of 0.00 suggests that the company is relying solely on equity to finance its operations, which could be viewed positively by investors and creditors as it signifies a lower financial risk and a strong financial position. However, it's also important to note that while a low debt-to-equity ratio is favorable, it may limit the company's ability to take advantage of leverage for potential growth opportunities. Overall, maintaining a consistent debt-to-equity ratio of 0.00 demonstrates a cautious financial strategy by Shake Shack Inc.
Peer comparison
Dec 31, 2024