Can Cheesecake Factory cover its short-term obligations?

Its current ratio is 0.59 — current liabilities exceed current assets.

Where does Cheesecake Factory's balance sheet data come from?

Every line is extracted from Cheesecake Factory's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Cheesecake Factory CAKE Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$235.09M+73.6%	$215.73M+156%	$189.98M+264%	$148.76M+266%	$135.41M+125%
Inventories	$50.56M-24.4%	$53.97M-16.4%	$63.41M-9.2%	$66.41M-6.4%	$66.9M+2.2%
Prepaid expenses and other current assets	$77.79M+41.1%	$54.71M0.0%	$59.29M-3.1%	$58.19M-15.7%	$55.13M-11.8%
Income taxes receivable	$24.1M+16.3%	$20.7M+18.9%	$18.09M-37.6%	$15.51M-37.6%	$20.72M+4.4%
Total current assets	$464.85M+28.7%	$454.83M+36.5%	$423.94M+48.0%	$379.39M+36.5%	$361.05M+27.3%
Property and equipment, net	$890.04M+4.9%	$869.7M+3.4%	$872.06M+5.1%	$864.54M+6.7%	$848.73M+6.9%
Operating lease right-of-use assets	$1.46B+1.2%	$1.44B+3.2%	$1.47B+7.7%	$1.43B+7.2%	$1.44B+9.8%
Intangible assets, net	$251.96M-0.1%	$251.81M0.0%	$252.11M0.0%	$252.13M0.0%	$252.17M+0.2%
Other non-current assets	$233.61M+11.4%	$240.59M+11.6%	$226M+9.7%	$221.64M+10.3%	$209.65M+5.8%
Total noncurrent assets	$1.94B+2.2%	$1.94B+3.7%	$1.95B+6.9%	$1.91B+6.5%	$1.9B+8.0%
Total assets	$3.3B+6.0%	$3.26B+7.2%	$3.24B+10.4%	$3.15B+9.5%	$3.11B+9.6%
Accounts payable	$66.92M+5.2%	$62.71M+1.0%	$55.55M-11.4%	$59.15M-13.8%	$63.61M+3.6%
Accrued expenses	$287.58M+5.6%	$265.28M0.0%	$291.88M+10.1%	$263.61M+13.8%	$272.44M+9.2%
Deferred revenue	$187.72M-6.1%	$212.86M-6.2%	$189.35M+2.8%	$196.29M+2.1%	$199.86M+1.8%
Current portion of long-term debt	$68.92M—	$68.82M—	$68.72M—	$68.61M—	——
Operating lease liabilities, current	$170.21M+15.0%	$167.35M+6.5%	$165.91M+18.5%	$149.39M-0.3%	$148.04M+0.4%
Total current liabilities	$781.34M+14.2%	$777.01M+9.2%	$771.4M+18.3%	$737.05M+14.7%	$683.94M+4.5%
Long-term debt	$562.08M-10.4%	$561.26M+24.2%	$560.44M+18.8%	$559.62M+18.8%	$627.31M+33.3%
Operating lease liabilities, non-current	$1.34B+1.0%	$1.33B+2.6%	$1.34B+5.3%	$1.32B+5.1%	$1.33B+6.7%
Other non-current liabilities	$154.16M+15.4%	$154.56M+13.8%	$140.13M+0.8%	$131.74M-1.0%	$133.56M-2.4%
Total liabilities	$2.84B+2.4%	$2.83B+8.7%	$2.82B+10.9%	$2.75B+9.8%	$2.77B+10.6%
Common stock	$1.1M+0.7%	$1.1M+1.0%	$1.1M+1.4%	$1.09M+1.4%	$1.09M+1.2%
Additional paid-in capital	$1.02B+4.2%	$1.01B+5.4%	$1B+7.1%	$993.96M+7.1%	$974.54M+5.8%
Retained earnings	$1.45B+8.2%	$1.41B+7.2%	$1.4B+8.3%	$1.38B+8.2%	$1.34B+8.3%
Accumulated other comprehensive income (loss)	-$1.25M+22.2%	-$1.04M+35.3%	-$1.24M-38.3%	-$985K+8.0%	-$1.6M-69.1%
Treasury stock	$2B+1.6%	$1.98B+8.5%	$1.97B+7.9%	$1.97B+7.9%	$1.97B+8.1%
Total stockholders' equity	$459.23M+35.3%	$436.43M-1.6%	$425.35M+7.3%	$400.95M+7.2%	$339.41M+2.1%
Total liabilities and stockholders' equity	$3.3B+6.0%	$3.26B+7.2%	$3.24B+10.4%	$3.15B+9.5%	$3.11B+9.6%
Deferred Tax Assets and Other Non-Current Assets	$233.61M+11.4%	$240.59M+11.6%	$226M+9.7%	$221.64M+10.3%	$209.65M+5.8%
Net Investment in Lease	$1.46B+1.2%	$1.44B+3.2%	$1.47B+7.7%	$1.43B+7.2%	$1.44B+9.8%
Other intangible assets—net	$251.96M-0.1%	$251.81M0.0%	$252.11M0.0%	$252.13M0.0%	$252.17M+0.2%
Operating lease right-of-use assets	$1.46B+1.2%	$1.44B+3.2%	$1.47B+7.7%	$1.43B+7.2%	$1.44B+9.8%
Other non-current assets	$233.61M+11.4%	$240.59M+11.6%	$226M+9.7%	$221.64M+10.3%	$209.65M+5.8%
Operating Lease Right-of-Use Assets in Other Assets	$1.46B+1.2%	$1.44B+3.2%	$1.47B+7.7%	$1.43B+7.2%	$1.44B+9.8%
Software and Technology Licenses, Net	$233.61M+11.4%	$240.59M+11.6%	$226M+9.7%	$221.64M+10.3%	$209.65M+5.8%
Other Commercial Liabilities	$287.58M+5.6%	$265.28M0.0%	$291.88M+10.1%	$263.61M+13.8%	$272.44M+9.2%
Accrued Liabilities, Current	$287.58M+5.6%	$265.28M0.0%	$291.88M+10.1%	$263.61M+13.8%	$272.44M+9.2%
Total debt	$2.14B+1.9%	$2.13B+11.6%	$2.14B+13.3%	$2.1B+11.7%	$2.1B+12.9%
Additional paid-in capital	$1.02B+4.2%	$1.01B+5.4%	$1B+7.1%	$993.96M+7.1%	$974.54M+5.8%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.1M+0.7%	$1.1M+1.0%	$1.1M+1.4%	$1.09M+1.4%	$1.09M+1.2%
Treasury Stock, Value	$2B+1.6%	$1.98B+8.5%	$1.97B+7.9%	$1.97B+7.9%	$1.97B+8.1%
Tax receivable within other current assets	$24.1M+16.3%	$20.7M+18.9%	$18.09M-37.6%	$15.51M-37.6%	$20.72M+4.4%
Prepaid expenses	$77.79M+41.1%	$54.71M0.0%	$59.29M-3.1%	$58.19M-15.7%	$55.13M-11.8%

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Questions, answered.

Can Cheesecake Factory cover its short-term obligations?: Its current ratio is 0.59 — current liabilities exceed current assets.
Where does Cheesecake Factory's balance sheet data come from?: Every line is extracted from Cheesecake Factory's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.