Can Shake Shack cover its short-term obligations?

Its current ratio is 1.69 — current assets exceed current liabilities.

Where does Shake Shack's balance sheet data come from?

Every line is extracted from Shake Shack'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.

Shake Shack SHAK Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$360.12M+12.3%	$320.71M+42.8%	$224.65M-2.5%	$230.52M-23.8%
Accounts receivable, net	$32.96M+67.4%	$19.69M+16.9%	$16.85M+21.4%	$13.88M+1.6%
Inventories	$7.18M+19.4%	$6.01M+11.3%	$5.4M+29.2%	$4.18M+8.7%
Prepaid expenses and other current assets	$30.08M+38.0%	$21.8M+14.9%	$18.97M+29.0%	$14.7M+50.6%
Total current assets	$430.35M+16.9%	$368.22M+10.1%	$334.43M-2.8%	$343.99M-16.0%
Property and equipment, net	$625.85M+13.5%	$551.6M+3.9%	$531M+13.7%	$467.03M+19.9%
Accumulated depreciation	$551M+20.5%	$457.19M+3.3%	$442.38M+52.4%	$290.36M+30.3%
Operating lease right-of-use assets	6.3%-42,461,099,994%	42,461,100,000%+2,631,500,000%	39,829,600,000%+3,080,800,000%	36,748,800,000%+2,021,100,000%
Other non-current assets	$10.37M-5.3%	$10.96M-31.2%	$15.93M+0.7%	$15.82M+25.9%
Total assets	$1.9B+11.7%	$1.7B+5.7%	$1.61B+6.2%	$1.51B+2.7%
Accounts payable	$24.75M+4.8%	$23.61M+6.0%	$22.27M+9.1%	$20.41M+2.3%
Accrued expenses	$25.48M+0.2%	$25.42M+21.4%	$20.95M+19.2%	$17.58M+20.1%
Deferred revenue	$1.93M+15.7%	$1.67M+39.8%	$1.19M+23.0%	$969K+27.0%
Current portion of long-term debt	$5.96M+45.8%	$4.09M+19.0%	$3.44M+34.9%	$2.55M-6.1%
Operating lease liabilities, current	$63.55M+14.0%	$55.74M+13.7%	$49M+16.0%	$42.24M+18.9%
Finance Lease Liability, Current	$5.96M+45.8%	$4.09M+19.0%	$3.44M+34.9%	$2.55M-6.1%
Contract liabilities	$19.15M+12.3%	$17.06M-0.6%	$17.16M+19.6%	$14.34M+13.2%
Other current liabilities	$8.03M+36.9%	$5.87M+17.6%	$4.99M+62.3%	$3.07M-9.2%
Total current liabilities	$244.92M+30.8%	$187.31M+14.2%	$164.07M+11.1%	$147.72M+21.6%
Long-term debt	$247.73M+0.4%	$246.68M+0.4%	$245.64M+0.4%	$244.59M+0.4%
Operating lease liabilities, non-current	$575.14M+16.3%	$494.5M+6.5%	$464.53M+8.7%	$427.23M+6.8%
Finance Lease Liabilities (Total)	$15.7M+23.6%	$12.7M+4.5%	$12.16M+90.6%	$6.38M-9.1%
Operating Lease Liabilities (Total)	$620.77M+15.5%	$537.48M+7.2%	$501.4M+9.2%	$459.2M+7.3%
Finance lease liabilities	$9.75M+13.1%	$8.62M-1.2%	$8.72M+123%	$3.91M-9.2%
Other non-current liabilities	$30.21M+8.5%	$27.83M+4.5%	$26.64M+28.8%	$20.69M-9.2%
Total liabilities	$1.34B+11.6%	$1.2B+5.9%	$1.14B+5.7%	$1.08B+5.2%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	——	——	——	——
Additional paid-in capital	$452.58M+2.2%	$442.99M+3.8%	$426.6M+2.6%	$415.65M+2.4%
Retained earnings	$72.71M+169%	$26.98M+60.8%	$16.78M+581%	-$3.49M-120%
Accumulated other comprehensive income (loss)	-$1K0.0%	-$1K+66.7%	-$3K—	$0-100%
Noncontrolling interests	$28.42M+20.4%	$23.61M-9.0%	$25.95M+5.4%	$24.63M-5.5%
Total stockholders' equity	$525.33M+11.8%	$470.02M+6.0%	$443.42M+7.6%	$412.2M+0.7%
Total liabilities and stockholders' equity	$1.9B+11.7%	$1.7B+5.7%	$1.61B+6.2%	$1.51B+2.7%
Deferred Tax Assets and Other Non-Current Assets	$10.37M-5.3%	$10.96M-31.2%	$15.93M+0.7%	$15.82M+25.9%
Net Investment in Lease	$507.25M+19.5%	$424.61M+6.6%	$398.3M+8.4%	$367.49M+5.8%
Deferred tax assets	$322.39M-5.6%	$341.59M+4.7%	$326.21M+2.7%	$317.63M+1.5%
Operating lease right-of-use assets	$507.25M+19.5%	$424.61M+6.6%	$398.3M+8.4%	$367.49M+5.8%
Other non-current assets	$10.37M-5.3%	$10.96M-31.2%	$15.93M+0.7%	$15.82M+25.9%
Operating Lease Right-of-Use Assets in Other Assets	$507.25M+19.5%	$424.61M+6.6%	$398.3M+8.4%	$367.49M+5.8%
Software and Technology Licenses, Net	$10.37M-5.3%	$10.96M-31.2%	$15.93M+0.7%	$15.82M+25.9%
Accrued Manufacturing Costs	$25.48M+0.2%	$25.42M+21.4%	$20.95M+19.2%	$17.58M+20.1%
Accrued Progress Collections and Price Adjustments	$19.15M+12.3%	$17.06M-0.6%	$17.16M+19.6%	$14.34M+13.2%
Other Commercial Liabilities	$103.35M+64.0%	$63.01M+15.1%	$54.74M+14.2%	$47.95M+30.0%
Accrued Liabilities, Current	$103.35M+64.0%	$63.01M+15.1%	$54.74M+14.2%	$47.95M+30.0%
Compensation and benefits	$25.48M+0.2%	$25.42M+21.4%	$20.95M+19.2%	$17.58M+20.1%
Other accrued liabilities	$27.78M+42.2%	$19.54M+14.2%	$17.1M-12.5%	$19.55M+34.8%
Finance Lease Liability Payment Due	——	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	——	——	——	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——
Sales taxes payable	$10.08M+44.0%	$7M+15.2%	$6.08M+13.3%	$5.36M+17.2%
Contract Liabilities, Non-Current	$19.15M+12.3%	$17.06M-0.6%	$17.16M+19.6%	$14.34M+13.2%
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——
Deferred revenue, net of current portion	$19.15M+12.3%	$17.06M-0.6%	$17.16M+19.6%	$14.34M+13.2%
Total debt	$890.16M+11.1%	$800.95M+5.0%	$762.63M+7.0%	$712.72M+4.6%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Tax Receivable Agreement Liability, Noncurrent	$244.46M-1.0%	$247.02M+4.8%	$235.61M+0.3%	$234.89M+0.4%
Unsettled Share Repurchases	$103.35M+64.0%	$63.01M+15.1%	$54.74M+14.2%	$47.95M+30.0%
Consolidation, Less than Wholly Owned Subsidiary, Number of Shares	42.7M+0.4%	42.5M+0.5%	42.3M+0.4%	42.2M+0.2%
Number of LLC Interests held by Shake Shack Inc. (in shares)	40.3M+0.5%	40.1M+1.5%	39.5M+0.5%	39.3M+0.4%
Number of LLC Interests held by non-controlling interest holders (in shares)	2.4M-0.9%	2.5M-13.4%	2.8M-1.2%	2.9M-1.8%
Gift card liability	$3.71M+43.6%	$2.58M—	——	——
Current maturities of long-term debt	$5.96M+45.8%	$4.09M+19.0%	$3.44M+34.9%	$2.55M-6.1%
Finance Lease Liability Payments Due	——	——	——	——
2027	——	——	——	——
Finance Lease Liability Payments Due Year Four	——	——	——	——
Finance Lease Liability Payments Due Year Three	——	——	——	——
Finance Lease Liability Payments Due Year Two	——	——	——	——
Thereafter	——	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	——	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$15.06M+23.2%	$12.23M+3.6%	$11.8M+91.8%	$6.15M—
Lessee Operating Lease Liability Payments Due	——	——	——	——
Thereafter	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——
Noncontrolling interests in subsidiaries	$28.42M+20.4%	$23.61M-9.0%	$25.95M+5.4%	$24.63M-5.5%
Noncontrolling Interest, Total Ownership Percentage	100%0.0%	100%0.0%	100%0.0%	100%0.0%
Number of Restaurants	——	——	——	——
Operating And Finance Lease Liability	$654.4M+16.2%	$562.94M+7.1%	$525.69M+10.5%	$475.92M—
Operating And Finance Lease Right-Of-Use Asset	$522.31M+19.6%	$436.84M+6.5%	$410.1M+9.8%	$373.64M—
Operating lease for non-cancellable leases	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	$0.06+1.6%	$0.060.0%	$0.06+8.8%	$0.06+46.2%
Other	$8.03M+36.9%	$5.87M+17.6%	$4.99M+62.3%	$3.07M-9.2%
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$11.16M+36.2%	$8.2M—	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Total obligations under the Tax Receivable Agreement	$246.84M-0.4%	$247.73M—	——	——
Percentage of tax benefits expected to be realized	——	——	——	——
Percentage of tax benefits due to equity owners	——	——	——	——
Tenant allowance receivables	$17.92M+40.5%	$12.76M—	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Number of Stores	——	——	——	——
Weighted-Average Discount Rate	5.8%-0.3%	6.1%+0.5%	5.6%+1.6%	4%+0.9%
Weighted-Average Discount Rate - Finance Leases	$0.06-4.9%	$0.06+8.9%	$0.06+40.0%	$0.04+29.0%

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Questions, answered.

Can Shake Shack cover its short-term obligations?: Its current ratio is 1.69 — current assets exceed current liabilities.
Where does Shake Shack's balance sheet data come from?: Every line is extracted from Shake Shack'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.